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REGISTERED NUMBER: SO303963 (Scotland)















REITH LAMBERT CO PROPS LLP

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023






REITH LAMBERT CO PROPS LLP (REGISTERED NUMBER: SO303963)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2023










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


REITH LAMBERT CO PROPS LLP

GENERAL INFORMATION
For The Year Ended 31 December 2023







DESIGNATED MEMBERS: J Rooney
R C Donaldson
R Ford





REGISTERED OFFICE: 21 Blythswood Square
Glasgow
G2 4BL





REGISTERED NUMBER: SO303963 (Scotland)





ACCOUNTANTS: Benham Conway & Co
16 Royal Crescent
Glasgow
G3 7SL

REITH LAMBERT CO PROPS LLP (REGISTERED NUMBER: SO303963)

BALANCE SHEET
31 December 2023

31.12.23 31.12.22
Notes £    £   
CURRENT ASSETS
Debtors 4 196,925 188,891
Cash at bank 209,170 231,363
406,095 420,254
CREDITORS
Amounts falling due within one year 5 405,995 420,154
NET CURRENT ASSETS 100 100
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

100

100

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

MEMBERS' OTHER INTERESTS
Capital accounts 100 100
100 100

TOTAL MEMBERS' INTERESTS
Members' other interests 100 100
Amounts due from members 4 (100 ) (100 )
- -

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 31 December 2023.

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.

REITH LAMBERT CO PROPS LLP (REGISTERED NUMBER: SO303963)

BALANCE SHEET - continued
31 December 2023


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 25 September 2024 and were signed by:





J Rooney - Designated member

REITH LAMBERT CO PROPS LLP (REGISTERED NUMBER: SO303963)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2023


1. STATUTORY INFORMATION

Reith Lambert Co Props LLP is registered in Scotland. 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.

Turnover
Turnover represents property and other costs recharged, excluding value added tax.

Members' interests
A member's share in the profit or loss for the year is accounted for as an allocation. Unallocated profits and
losses are included within "other reserves".

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2022 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 196,097 188,076
Amounts due from members 100 100
Other debtors 728 715
196,925 188,891

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 48,616 15,938
Taxation and social security 31,884 34,001
Other creditors 325,495 370,215
405,995 420,154