1 September 2022 false Taxfiler 2024.5 OC403814business:LimitedLiabilityPartnershipLLP2022-09-012023-08-31 OC4038142022-08-31 OC4038142022-09-012023-08-31 OC403814business:AuditExemptWithAccountantsReport2022-09-012023-08-31 OC403814business:FullAccounts2022-09-012023-08-31 OC4038142023-08-31 OC403814business:PartnerLLP12022-09-012023-08-31 OC403814business:PartnerLLP22022-09-012023-08-31 OC403814business:RegisteredOffice2022-09-012023-08-31 OC4038142022-08-31 OC403814core:WithinOneYear2023-08-31 OC403814core:WithinOneYear2022-08-31 OC403814core:AfterOneYear2023-08-31 OC403814core:AfterOneYear2022-08-31 OC403814core:ShareCapital2023-08-31 OC403814core:ShareCapital2022-08-31 OC403814core:RetainedEarningsAccumulatedLosses2023-08-31 OC403814core:RetainedEarningsAccumulatedLosses2022-08-31 OC403814business:SmallEntities2022-09-012023-08-31 OC403814countries:EnglandWales2022-09-012023-08-31 OC403814core:AfterOneYear2022-09-012023-08-31 OC4038142021-09-012022-08-31 iso4217:GBP xbrli:pure
Registered No. OC403814 (England and Wales)
10 DENHAM STREET LLP Unaudited accounts for the year ended 31 August 2023
10 DENHAM STREET LLP LLP Information for the year ended 31 August 2023
Designated members
ANKOR 10 DENHAM STREET LIMITED
ANKOR INVESTMENTS LTD
Registered Number
OC403814 (England and Wales)
Registered Office
124 City Road London EC1V 2NX England
Accountants
Abdullah & Abdullah 6 Medway Drive Perivale Greenford UB6 8LN
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10 DENHAM STREET LLP Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
6,800,000 
6,800,000 
Current assets
Debtors
1,069,576 
732,222 
Creditors: amounts falling due within one year
(130,815)
(123,497)
Net current assets
938,761 
608,725 
Total assets less current liabilities
7,738,761 
7,408,725 
Creditors: amounts falling due after more than one year
(6,820,108)
(5,500,000)
Net assets attributable to members
918,653 
1,908,725 
Represented by:
Members' other interests
Members' capital classified as equity
875,540 
1,565,540 
Other reserves
43,113 
343,185 
918,653 
1,908,725 
918,653 
1,908,725 
Total members' interests
Members' other interests
918,653 
1,908,725 
918,653 
1,908,725 
For the year ending 31 August 2023 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 24 May 2024.
ANKOR INVESTMENTS LTD Designated member Limited Liability Partnership Registration No. OC403814
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10 DENHAM STREET LLP Notes to the Accounts for the year ended 31 August 2023
1
Accounting policies
Basis of preparation
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade debtors and creditors and loans from banks. Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss. Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Borrowing costs
All borrowing costs are recognised in the Profit and loss account in the period in which they were incurred.
2
Statutory information
10 DENHAM STREET LLP is a limited liability partnership, incorporated in England and Wales, registration number OC403814. Its registered office is 124 City Road, London, EC1V 2NX, England.
3
Investment property
2023 
£ 
Fair value at 1 September 2022
6,800,000 
At 31 August 2023
6,800,000 
4
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
67,315 
98,668 
Other creditors
59,000 
24,829 
Accruals
4,500 
- 
130,815 
123,497 
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10 DENHAM STREET LLP Notes to the Accounts for the year ended 31 August 2023
5
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
6,820,108 
5,500,000 
The bank loan which is due after more than one year is secured by a fixed and floating charge over all assets of the LLP. Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Controlling party
Ankor Investments Ltd registered address 124 City Road, London, England, EC1V 2NX.
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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