Acorah Software Products - Accounts Production 15.0.600 false true false 1 January 2023 31 December 2023 31 December 2023 OC403434 PropertyMajor (UK) Ltd T/A Open House Estate Agents Mr Olumuyiwa Olufote Mrs Adedayo Olufote iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC403434 2022-12-31 OC403434 2023-12-31 OC403434 2023-01-01 2023-12-31 OC403434 frs-core:CurrentFinancialInstruments 2023-12-31 OC403434 frs-core:Non-currentFinancialInstruments 2023-12-31 OC403434 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 OC403434 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 OC403434 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-31 OC403434 frs-bus:LimitedLiabilityPartnershipLLP 2023-01-01 2023-12-31 OC403434 frs-bus:LimitedLiabilityPartnershipsSORP 2023-01-01 2023-12-31 OC403434 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 OC403434 frs-bus:SmallEntities 2023-01-01 2023-12-31 OC403434 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 OC403434 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 OC403434 frs-core:CurrentFinancialInstruments 1 2023-12-31 OC403434 frs-core:CurrentFinancialInstruments 2 2023-12-31 OC403434 frs-core:CurrentFinancialInstruments 3 2023-12-31 OC403434 frs-countries:EnglandWales 2023-01-01 2023-12-31 OC403434 frs-bus:PartnerLLP1 2023-01-01 2023-12-31 OC403434 frs-bus:PartnerLLP2 2023-01-01 2023-12-31 OC403434 frs-bus:PartnerLLP3 2023-01-01 2023-12-31
Registered number: OC403434
Brickstone Partners Llp
Unaudited Financial Statements
For The Year Ended 31 December 2023
Accounting Freedom
Westhill House
2b Devonshire Road
Bexleyheath
DA6 8DS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC403434
2023
Notes £ £
FIXED ASSETS
Tangible Assets 4 197,500
197,500
CURRENT ASSETS
Debtors 5 412,868
Cash at bank and in hand 1,329
414,197
Creditors: Amounts Falling Due Within One Year 6 (440,614 )
NET CURRENT ASSETS (LIABILITIES) (26,417 )
TOTAL ASSETS LESS CURRENT LIABILITIES 171,083
Creditors: Amounts Falling Due After More Than One Year 7 (156,998 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 14,085
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability 13,691
Other amounts 24,983
38,674
Equity
Members' other interests
Other reserves (24,589)
(24,589)
14,085
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 38,674
Members' other interests (24,589)
14,085
Page 1
Page 2
For the year ending 31 December 2023 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)
The members acknowledge their responsibilities for complying with the requirements of the Act (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 LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.
On behalf of the members
Mr Olumuyiwa Olufote
Designated Member
26/09/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Brickstone Partners Llp is a limited liability partnership, incorporated in England & Wales, registered number OC403434 . The Registered Office is 24 Darwin Road, Welling, Kent, DA16 2EG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold n/a
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL
-
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 January 2023 -
Additions 197,500
As at 31 December 2023 197,500
Net Book Value
As at 31 December 2023 197,500
As at 1 January 2023 -
Page 3
Page 4
5. Debtors
2023
£
Due within one year
Other debtors (1) 342,349
Other debtors (2) 70,009
Other debtors (3) 116
Amounts due from members 394
412,868
6. Creditors: Amounts Falling Due Within One Year
2023
£
Trade creditors (2 )
Accruals and deferred income 1,320
Amounts owed to other participating interests 439,296
440,614
7. Creditors: Amounts Falling Due After More Than One Year
2023
£
Bank loans 156,998
Page 4