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REGISTERED NUMBER: OC433462 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2024

for

Bourne Investments Partnership LLP

Bourne Investments Partnership LLP (Registered number: OC433462)






Contents of the Financial Statements
for the Year Ended 31st March 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bourne Investments Partnership LLP

General Information
for the Year Ended 31st March 2024







DESIGNATED MEMBERS: N D Hosker
Mrs K Hosker
Caraspace Environmental Planning Limited





REGISTERED OFFICE: 1 Station Court
Station Road
Guiseley
L20 8EY





REGISTERED NUMBER: OC433462 (England and Wales)






Bourne Investments Partnership LLP (Registered number: OC433462)

Balance Sheet
31st March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investment property 4 1,850,000 3,225,000

CURRENT ASSETS
Debtors 900,119 15,456
Investments 5 487,354 734,999
Cash at bank 189,407 7,534
1,576,880 757,989
CREDITORS
Amounts falling due within one year 6 (1,724 ) (749 )
NET CURRENT ASSETS 1,575,156 757,240
TOTAL ASSETS LESS CURRENT LIABILITIES 3,425,156 3,982,240

CREDITORS
Amounts falling due after more than one
year

7

(101,750

)

(101,750

)
NET ASSETS ATTRIBUTABLE TO MEMBERS 3,323,406 3,880,490

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

3,323,406

3,880,490

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 3,323,406 3,880,490
Amounts due from members (900,119 ) (15,456 )
2,423,287 3,865,034

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 year ended 31st 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.

Bourne Investments Partnership LLP (Registered number: OC433462)

Balance Sheet - continued
31st 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 30th August 2024 and were signed by:





Mrs K Hosker - Designated member

Bourne Investments Partnership LLP (Registered number: OC433462)

Notes to the Financial Statements
for the Year Ended 31st March 2024

1. STATUTORY INFORMATION

Bourne Investments Partnership 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.

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 year was 2 (2023 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2023 3,225,000
Additions 1,300,000
Disposals (2,675,000 )
At 31st March 2024 1,850,000
NET BOOK VALUE
At 31st March 2024 1,850,000
At 31st March 2023 3,225,000

5. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Unlisted investments 487,354 734,999

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors (1 ) (1 )
Other creditors 1,725 750
1,724 749

Bourne Investments Partnership LLP (Registered number: OC433462)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 101,750 101,750

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

Members rank ahead of other creditors in a liquidation.