1 July 2022 false No description of principal activity Taxfiler 2024.5 OC427697business:LimitedLiabilityPartnershipLLP2022-07-012023-06-30 OC4276972022-06-30 OC4276972022-07-012023-06-30 OC427697business:AuditExempt-NoAccountantsReport2022-07-012023-06-30 OC427697business:FullAccounts2022-07-012023-06-30 OC4276972023-06-30 OC427697business:PartnerLLP12022-07-012023-06-30 OC427697business:PartnerLLP22022-07-012023-06-30 OC427697business:RegisteredOffice2022-07-012023-06-30 OC4276972022-06-30 OC427697core:AfterOneYear2023-06-30 OC427697core:AfterOneYear2022-06-30 OC427697core:RetainedEarningsAccumulatedLosses2023-06-30 OC427697core:RetainedEarningsAccumulatedLosses2022-06-30 OC427697business:SmallEntities2022-07-012023-06-30 OC427697core:FurnitureFittings2022-07-012023-06-30 OC427697countries:EnglandWales2022-07-012023-06-30 OC427697core:FurnitureFittings2022-06-30 OC427697core:FurnitureFittings2023-06-30 OC4276972021-07-012022-06-30 iso4217:GBP xbrli:pure
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
Nadia Akhtar MAHMOOD
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
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AVERY & ALI PROPERTIES LLP Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,157 
1,446 
Investment property
780,000 
780,000 
781,157 
781,446 
Current assets
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 
Represented by:
Loans and other debts due to members
313,425 
14,464 
Members' other interests
Other reserves
(15,756)
(11,149)
297,669 
3,315 
Total members' interests
Loans and other debts due to members
313,425 
14,464 
Members' other interests
(15,756)
(11,149)
297,669 
3,315 
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
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AVERY & ALI PROPERTIES LLP Notes to the Accounts for the year ended 30 June 2023
1
Accounting policies
Basis of preparation
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.
Presentation currency
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
2
Statutory information
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 
£ 
Cost or valuation
At cost 
At 1 July 2022
1,808 
At 30 June 2023
1,808 
Depreciation
At 1 July 2022
362 
Charge for the year
289 
At 30 June 2023
651 
Net book value
At 30 June 2023
1,157 
At 30 June 2022
1,446 
4
Investment property
2023 
£ 
Fair value at 1 July 2022
780,000 
At 30 June 2023
780,000 
5
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
485,196 
- 
Other creditors
- 
780,000 
485,196 
780,000 
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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).
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