Registered No. OC326355 (England and Wales)
Telford Park Properties LLP
for the year ended 31 December 2023
Telford Park Properties LLP
LLP Information
for the year ended 31 December 2023
Designated members
Mr Peter Anthony Hurst
Telford Park Investments Limited
Registered Number
OC326355 (England and Wales)
Registered Office
5 Telford Close
Brunel Park
Aylesbury
Buckinghamshire
HP19 8DZ|
UK
Accountants
Bell Howley Perrotton LLP
53 Davies Street
Mayfair
London
W1K 5JH
Telford Park Properties LLP
Accountants' report
Accountants' report to the members of Telford Park Properties LLP on the preparation of the unaudited statutory financial statements for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of
Telford Park Properties LLP for the year ended
31 December 2023 as set out on pages
4 -
6 from the LLP's accounting records and from information and explanations you have given us.
This report is made solely to the members of Telford Park Properties LLP, as a body, in accordance with the terms of our engagement letter dated 1 September 2010. Our work has been undertaken solely to prepare for your approval the financial statements of Telford Park Properties LLP and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Telford Park Properties LLP and its members as a body for our work or for this report.
It is your duty to ensure that Telford Park Properties LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Telford Park Properties LLP. You consider that Telford Park Properties LLP is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Telford Park Properties LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Bell Howley Perrotton LLP
53 Davies Street
Mayfair
London
W1K 5JH
12 September 2024
Telford Park Properties LLP
Statement of financial position
as at 31 December 2023
Tangible assets
1,250,000
853,000
Cash at bank and in hand
41,942
42,869
Creditors: amounts falling due within one year
(60,000)
(1,786)
Net current assets
11,962
71,209
Net assets attributable to members
1,261,962
924,209
Loans and other debts due to members
865,841
865,088
Revaluation reserve
397,000
-
Other reserves
(879)
59,121
Loans and other debts due to members
865,841
865,088
Members' other interests
396,121
59,121
For the year ending 31 December 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 12 September 2024.
Mr Peter Anthony Hurst
Designated member
Limited Liability Partnership Registration No. OC326355
Telford Park Properties LLP
Notes to the Accounts
for the year ended 31 December 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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Telford Park Properties LLP is a limited liability partnership, incorporated in England and Wales, registration number OC326355. Its registered office is 5 Telford Close, Brunel Park, Aylesbury, Buckinghamshire, HP19 8DZ|, UK.
3
Tangible fixed assets
Land & buildings
Cost or valuation
At valuation
At 31 December 2023
1,250,000
At 31 December 2023
1,250,000
At 31 December 2022
853,000
4
Creditors: amounts falling due within one year
2023
2022
Telford Park Properties LLP
Notes to the Accounts
for the year ended 31 December 2023
5
Loans and other debts due to members
2023
2022
Amounts due to members in respect of profits
865,841
865,088
Amounts falling due within one year
865,841
865,088
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).