Registered No. OC345863 (England and Wales)
Pipa Property LLP
Unaudited accounts
for the year ended 31 December 2023
Pipa Property LLP
LLP Information
for the year ended 31 December 2023
Designated members
Mr Stephen Michael Robert Abletshauser
Mr James Dominic Innes Elliott
Registered Number
OC345863 (England and Wales)
Registered Office
Suite 8
59 St. Martin's Lane
London
WC2N 4JS
Accountants
The Accountancy Cloud
1 Fore Street Avenue
London
EC2Y 9DT
Pipa Property LLP
Statement of financial position
as at 31 December 2023
Investment property
53,394
44,984
Cash at bank and in hand
37,782
39,559
Creditors: amounts falling due within one year
(1,456)
(1,456)
Net current assets
114,182
114,160
Net assets attributable to members
167,576
159,144
Loans and other debts due to members
9,262
9,262
Members' capital classified as equity
266,000
266,000
Other reserves
(107,686)
(116,118)
Loans and other debts due to members
9,262
9,262
Members' other interests
158,314
149,882
For the year ending 31 December 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 28 August 2024.
Mr Stephen Michael Robert Abletshauser
Designated member
Limited Liability Partnership Registration No. OC345863
Pipa Property LLP
Notes to the Accounts
for the year ended 31 December 2023
The accounts are presented in £ sterling.
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
Investment properties are revalued annually and any surplus or deficit is dealt with through profit and loss. No depreciation is provided in respect of investment properties.
Pipa Property LLP is a limited liability partnership, incorporated in England and Wales, registration number OC345863. Its registered office is Suite 8, 59 St. Martin's Lane, London, WC2N 4JS.
Fair value at 1 January 2023
44,984
Net gain from fair value adjustments
8,410
At 31 December 2023
53,394
4
Creditors: amounts falling due within one year
2023
2022
5
Loans and other debts due to members
2023
2022
Loans from members
9,262
9,262
Amounts falling due within one year
9,262
9,262
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).