Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 OC368295 Mr B P Viner Mr B Cameron Mrs L S Viner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC368295 2023-03-31 OC368295 2024-03-31 OC368295 2023-04-01 2024-03-31 OC368295 frs-core:CurrentFinancialInstruments 2024-03-31 OC368295 frs-core:FurnitureFittings 2024-03-31 OC368295 frs-core:FurnitureFittings 2023-04-01 2024-03-31 OC368295 frs-core:FurnitureFittings 2023-03-31 OC368295 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 OC368295 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 OC368295 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 OC368295 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC368295 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC368295 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC368295 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC368295 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC368295 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC368295 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC368295 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC368295 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC368295 frs-bus:PartnerLLP3 2023-04-01 2024-03-31 OC368295 2022-03-31 OC368295 2023-03-31 OC368295 2022-04-01 2023-03-31 OC368295 frs-core:CurrentFinancialInstruments 2023-03-31
Registered number: OC368295
Bushey Property Partners LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
Mirage Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC368295
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 896,561 896,561
896,561 896,561
CURRENT ASSETS
Cash at bank and in hand 584 1,906
584 1,906
Creditors: Amounts Falling Due Within One Year 5 (1,148 ) (689 )
NET CURRENT ASSETS (LIABILITIES) (564 ) 1,217
TOTAL ASSETS LESS CURRENT LIABILITIES 895,997 897,778
NET ASSETS ATTRIBUTABLE TO MEMBERS 895,997 897,778
REPRESENTED BY:
Loans and other debts due to members
Other amounts 895,797 897,578
895,797 897,578
Equity
Members' other interests
Members' capital 200 200
200 200
895,997 897,778
TOTAL MEMBERS' INTEREST
Loans and other debts due to members 895,797 897,578
Members' other interests 200 200
895,997 897,778
Page 1
Page 2
For the year ending 31 March 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.
On behalf of the members
Mr B P Viner
Designated Member
24/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Bushey Property Partners LLP is a limited liability partnership, incorporated in England & Wales, registered number OC368295 . The Registered Office is 2 High Street, Bushey, Hertfordshire, WD23 3DN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold not provided
Fixtures & Fittings 20% on cost
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2023 896,561 5,576 902,137
As at 31 March 2024 896,561 5,576 902,137
Depreciation
As at 1 April 2023 - 5,576 5,576
As at 31 March 2024 - 5,576 5,576
Net Book Value
As at 31 March 2024 896,561 - 896,561
As at 1 April 2023 896,561 - 896,561
Page 3
Page 4
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 29 29
Other creditors 1,119 660
1,148 689
Page 4