Registered No. OC427697 (England and Wales)
AVERY & ALI PROPERTIES LLP
Unaudited accounts
for the year ended 30 June 2023
AVERY & ALI PROPERTIES LLP
LLP Information
for the year ended 30 June 2023
Designated members
Shamim Akhtar IBRAHIM
Registered Number
OC427697 (England and Wales)
Registered Office
Flat 8
62-68 Oak End Way
Gerrards Cross
SL9 8FU
ENGLAND
Accountants
QUALIFIED ACCOUNTANTS LIMITED
89 Oakfield Road
Southgate
London
N14 6LT
AVERY & ALI PROPERTIES LLP
Statement of financial position
as at 30 June 2023
Tangible assets
1,157
1,446
Investment property
780,000
780,000
Cash at bank and in hand
1,708
1,869
Net current assets
1,708
1,869
Total assets less current liabilities
782,865
783,315
Creditors: amounts falling due after more than one year
(485,196)
(780,000)
Net assets attributable to members
297,669
3,315
Loans and other debts due to members
313,425
14,464
Other reserves
(15,756)
(11,149)
Loans and other debts due to members
313,425
14,464
Members' other interests
(15,756)
(11,149)
For the year ending 30 June 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 19 September 2024.
Shamim Akhtar IBRAHIM
Designated member
Limited Liability Partnership Registration No. OC427697
AVERY & ALI PROPERTIES LLP
Notes to the Accounts
for the year ended 30 June 2023
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 are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% reducing balance
AVERY & ALI PROPERTIES LLP is a limited liability partnership, incorporated in England and Wales, registration number OC427697. Its registered office is Flat 8, 62-68 Oak End Way, Gerrards Cross, SL9 8FU, ENGLAND.
3
Tangible fixed assets
Fixtures & fittings
Fair value at 1 July 2022
780,000
5
Creditors: amounts falling due after more than one year
2023
2022
AVERY & ALI PROPERTIES LLP
Notes to the Accounts
for the year ended 30 June 2023
6
Loans and other debts due to members
2023
2022
Members' capital classified as a liability
313,425
14,464
Amounts falling due within one year
313,425
14,464
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).