IRIS Accounts Production v24.2.0.383 OC444394 designated member 25.10.22 31.3.24 31.3.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC4443942022-10-24OC4443942024-03-31OC4443942022-10-252024-03-31OC4443942022-10-24OC444394ns15:EnglandWales2022-10-252024-03-31OC444394ns14:PoundSterling2022-10-252024-03-31OC444394ns10:PartnerLLP12022-10-252024-03-31OC444394ns10:LimitedLiabilityPartnershipLLP2022-10-252024-03-31OC444394ns10:SmallEntities2022-10-252024-03-31OC444394ns10:AuditExemptWithAccountantsReport2022-10-252024-03-31OC444394ns10:SmallCompaniesRegimeForAccounts2022-10-252024-03-31OC444394ns10:LimitedLiabilityPartnershipsSORP2022-10-252024-03-31OC444394ns10:FullAccounts2022-10-252024-03-31OC444394ns10:RegisteredOffice2022-10-252024-03-31OC444394ns5:CurrentFinancialInstruments2024-03-31OC444394ns5:Non-currentFinancialInstruments2024-03-31OC444394ns5:PlantMachinery2022-10-252024-03-31OC444394ns5:MotorVehicles2022-10-252024-03-31OC444394ns5:OwnedAssets2022-10-252024-03-31OC444394ns5:PlantMachinery2024-03-31OC444394ns5:MotorVehicles2024-03-31
REGISTERED NUMBER: OC444394 (England and Wales)















Report of the Members and

Unaudited Financial Statements for the Period 25 October 2022 to 31 March 2024

for

Ahmed Property Investments (Southampton)
LLP

Ahmed Property Investments (Southampton)
LLP (Registered number: OC444394)






Contents of the Financial Statements
for the Period 25 October 2022 to 31 March 2024




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


Ahmed Property Investments (Southampton)
LLP

General Information
for the Period 25 October 2022 to 31 March 2024







DESIGNATED MEMBERS: Mr M Javed
Mrs S Javed





REGISTERED OFFICE: 1 Holly Hill Close
Southampton
Hampshire
SO16 7EU





REGISTERED NUMBER: OC444394 (England and Wales)





ACCOUNTANTS: Thomas Croft Limited
Accountants And Taxation Consultants
Solent House
107a Alma Road
Portswood
Southampton
Hampshire
SO14 6UY

Ahmed Property Investments (Southampton)
LLP (Registered number: OC444394)

Report of the Members
for the Period 25 October 2022 to 31 March 2024

The members present their report with the financial statements of the LLP for the period 25 October 2022 to 31 March 2024.

COMMENCEMENT OF TRADING
The company commenced trading on the 01st April 2023.

PRINCIPAL ACTIVITIES
The principal activities of the LLP in the period under review were those of letting of residential property

DESIGNATED MEMBERS
The designated members during the period under review were:

Mr M Javed
Mrs S Javed

RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS
The loss for the period before members' remuneration and profit shares was £8,198.

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





Mr M Javed - Designated member


28 August 2024

Ahmed Property Investments (Southampton)
LLP (Registered number: OC444394)

Income Statement
for the Period 25 October 2022 to 31 March 2024

Notes £    £   

TURNOVER -

Distribution costs 18,000
Administrative expenses 58,652
76,652
(76,652 )

Other operating income 189,963
OPERATING PROFIT 4 113,311


Interest payable and similar expenses 121,509
LOSS FOR THE FINANCIAL PERIOD
BEFORE MEMBERS'
REMUNERATION AND PROFIT
SHARES



(8,198



)

LOSS FOR THE FINANCIAL PERIOD
BEFORE MEMBERS'
REMUNERATION AND PROFIT
SHARES



(8,198



)

Members' remuneration charged as an
expense

5

8,198
PROFIT FOR THE FINANCIAL
PERIOD AVAILABLE FOR
DISCRETIONARY DIVISION
AMONG MEMBERS



-

Ahmed Property Investments (Southampton)
LLP (Registered number: OC444394)

Balance Sheet
31 March 2024

Notes £    £   
FIXED ASSETS
Tangible assets 6 9,250
Investment property 7 3,770,000
3,779,250

CREDITORS
Amounts falling due within one year 8 1,512
NET CURRENT LIABILITIES (1,512 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,777,738

CREDITORS
Amounts falling due after more than one
year

9

1,956,295
NET ASSETS ATTRIBUTABLE TO
MEMBERS

1,821,443

Ahmed Property Investments (Southampton)
LLP (Registered number: OC444394)

Balance Sheet - continued
31 March 2024

Notes £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

7,738

MEMBERS' OTHER INTERESTS
Capital accounts 1,813,705
1,821,443

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7,738
Members' other interests 1,813,705
1,821,443

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the period ended 31 March 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 28 August 2024 and were signed by:





Mr M Javed - Designated member

Ahmed Property Investments (Southampton)
LLP (Registered number: OC444394)

Notes to the Financial Statements
for the Period 25 October 2022 to 31 March 2024

1. STATUTORY INFORMATION

Ahmed Property Investments (Southampton) LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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.

3. EMPLOYEE INFORMATION

The average number of employees during the period was 1 .

4. OPERATING PROFIT

The operating profit is stated after charging:

£   
Depreciation - owned assets 1,850

5. INFORMATION IN RELATION TO MEMBERS
£   
Members' remuneration charged as an expense
Automatic division of loss (8,198 )


The average number of members during the period was 2

Ahmed Property Investments (Southampton)
LLP (Registered number: OC444394)

Notes to the Financial Statements - continued
for the Period 25 October 2022 to 31 March 2024

6. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
Additions 450 10,650 11,100
At 31 March 2024 450 10,650 11,100
DEPRECIATION
Charge for period 75 1,775 1,850
At 31 March 2024 75 1,775 1,850
NET BOOK VALUE
At 31 March 2024 375 8,875 9,250

7. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 3,770,000
At 31 March 2024 3,770,000
NET BOOK VALUE
At 31 March 2024 3,770,000

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 1,512

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
£   
Bank loans 1,956,295