Acorah Software Products - Accounts Production 15.0.600 false true 31 October 2022 1 November 2021 false 1 November 2022 31 March 2024 31 March 2024 OC332510 Ms Joyce Sihwa Mr Hugh Sihwa iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC332510 2022-10-31 OC332510 2024-03-31 OC332510 2022-11-01 2024-03-31 OC332510 frs-core:CurrentFinancialInstruments 2024-03-31 OC332510 frs-core:Non-currentFinancialInstruments 2024-03-31 OC332510 frs-bus:LimitedLiabilityPartnershipLLP 2022-11-01 2024-03-31 OC332510 frs-bus:LimitedLiabilityPartnershipsSORP 2022-11-01 2024-03-31 OC332510 frs-bus:FilletedAccounts 2022-11-01 2024-03-31 OC332510 frs-bus:SmallEntities 2022-11-01 2024-03-31 OC332510 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2024-03-31 OC332510 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2024-03-31 OC332510 frs-countries:EnglandWales 2022-11-01 2024-03-31 OC332510 frs-bus:PartnerLLP1 2022-11-01 2024-03-31 OC332510 frs-bus:PartnerLLP2 2022-11-01 2024-03-31 OC332510 2021-10-31 OC332510 2022-10-31 OC332510 2021-11-01 2022-10-31 OC332510 frs-core:CurrentFinancialInstruments 2022-10-31 OC332510 frs-core:Non-currentFinancialInstruments 2022-10-31
Registered number: OC332510
The Haven Residential LLP
Unaudited Financial Statements
For the Period 1 November 2022 to 31 March 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: OC332510
31 March 2024 31 October 2022
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 304,641 304,641
304,641 304,641
CURRENT ASSETS
Debtors 5 23,237 16,137
23,237 16,137
Creditors: Amounts Falling Due Within One Year 6 (10,140 ) (20,500 )
NET CURRENT ASSETS (LIABILITIES) 13,097 (4,363 )
TOTAL ASSETS LESS CURRENT LIABILITIES 317,738 300,278
Creditors: Amounts Falling Due After More Than One Year 7 (129,011 ) (135,312 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 188,727 164,966
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 126,986 103,225
126,986 103,225
Equity
Members' other interests
Other reserves 61,741 61,741
61,741 61,741
188,727 164,966
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 126,986 103,225
Members' other interests 61,741 61,741
188,727 164,966
Page 1
Page 2
For the period 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 Income Statement.
On behalf of the members
Ms Joyce Sihwa
Designated Member
19th August 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
The Haven Residential LLP is a limited liability partnership, incorporated in England & Wales, registered number OC332510 . The Registered Office is 27 Penfold Road, Clacton-on-Sea, Essex, CO15 1JN.
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. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the period was: 2 (2022: 2)
2 2
4. Investment Property
31 March 2024
£
Fair Value
As at 1 November 2022 and 31 March 2024 304,641
5. Debtors
31 March 2024 31 October 2022
£ £
Due within one year
Other debtors 23,237 16,137
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 October 2022
£ £
Bank loans and overdrafts 9,600 19,600
Other creditors 540 900
10,140 20,500
7. Creditors: Amounts Falling Due After More Than One Year
31 March 2024 31 October 2022
£ £
Bank loans 129,011 135,312
Page 4