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REGISTERED NUMBER: OC444918 (England and Wales)















Little Self's Property LLP

Unaudited Financial Statements

for the Period 5 December 2022 to 31 March 2024






Little Self's Property LLP (Registered number: OC444918)






Contents of the Financial Statements
for the Period 5 December 2022 to 31 March 2024




Page

Balance Sheet 1

Notes to the Financial Statements 4


Little Self's Property LLP (Registered number: OC444918)

Balance Sheet
31 March 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 619
Investment property 5 720,967
721,586

CURRENT ASSETS
Debtors 6 4,262
Cash at bank 14,420
18,682
CREDITORS
Amounts falling due within one year 7 6,002
NET CURRENT ASSETS 12,680
TOTAL ASSETS LESS CURRENT
LIABILITIES

734,266

CREDITORS
Amounts falling due after more than
one year

8

487,719
NET ASSETS ATTRIBUTABLE TO
MEMBERS

246,547

Little Self's Property LLP (Registered number: OC444918)

Balance Sheet - continued
31 March 2024

Notes £    £   
LOANS AND OTHER DEBTS DUE
TO MEMBERS

9

61,907

MEMBERS' OTHER INTERESTS
Capital accounts 184,640
246,547

TOTAL MEMBERS' INTERESTS
Loans and other debts due to
members

9

61,907
Members' other interests 184,640
246,547

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.

Little Self's Property LLP (Registered number: OC444918)

Balance Sheet - continued
31 March 2024


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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 29 August 2024 and were signed by:




Mr O G Self - Designated member




Mrs L Self - Designated member


Little Self's Property LLP (Registered number: OC444918)

Notes to the Financial Statements
for the Period 5 December 2022 to 31 March 2024

1. STATUTORY INFORMATION

Little Self's Property LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number: OC444918

Registered office: Suite 16, Enterprise House
Telford Road
Bicester
Oxon
OX26 4LD

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc - 20% 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.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non convertible preference preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

3. EMPLOYEE INFORMATION

The average number of employees during the period was 2 .

Little Self's Property LLP (Registered number: OC444918)

Notes to the Financial Statements - continued
for the Period 5 December 2022 to 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machiner
etc
£   
COST
Additions 825
At 31 March 2024 825
DEPRECIATION
Charge for period 206
At 31 March 2024 206
NET BOOK VALUE
At 31 March 2024 619

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 665,500
Revaluations 55,467
At 31 March 2024 720,967
NET BOOK VALUE
At 31 March 2024 720,967

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2024 55,467
Cost 665,500
720,967

If the investment properties had not been revalued they would have been included at the following historical cost:

£   
Cost 665,500

The investment properties were valued on an open market basis on 31 March 2024 by the members .

Little Self's Property LLP (Registered number: OC444918)

Notes to the Financial Statements - continued
for the Period 5 December 2022 to 31 March 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 4,262

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 6,002

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
£   
Other creditors 487,719

9. LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up, the amounts included in 'Loans and other debts due to members' will rank equally with unsecured creditors.