2023-04-01 2024-03-31 OC439436 ASHIANA PARTNERSHIP LLP false OC439436 2023-04-01 2024-03-31 OC439436 uk-bus:Director1 2023-04-01 2024-03-31 OC439436 uk-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC439436 uk-bus:SmallEntities 2023-04-01 2024-03-31 OC439436 uk-bus:FullAccounts 2023-04-01 2024-03-31 OC439436 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 OC439436 2023-04-01 OC439436 2024-03-31 OC439436 2023-03-31 xbrli:pure iso4217:GBP
Partnership Registration Number : OC439436 (England and Wales)
OC439436
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2024-03-31
false
ASHIANA PARTNERSHIP LLP
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2023-04-01
ASHIANA PARTNERSHIP LLP
Filleted unaudited financial statements and annual report
For the year ended 31 March 2024
ASHIANA PARTNERSHIP LLP
Contents
For the year ended 31 March 2024

CONTENTS PAGE
Partnership Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6
ASHIANA PARTNERSHIP LLP
Partnership Information
For the year ended 31 March 2024

Partnership registration number OC439436 (England and Wales)
Members/Designated members Shailza Gupta
Sunil Gupta
Registered office address 121 Watford Road
Croxley Green
Rickmansworth
Hertfordshire
WD3 3DX
Accountant -
-
-
-
-
ASHIANA PARTNERSHIP LLP
Statement of Financial Position
For the year ended 31 March 2024

2024 2023
Notes £ £
Fixed assets
Investment Property 1,362,524 1,362,524
8 1,362,524 1,362,524
Current assets
Debtors 2,840 3,349
Cash and cash equivalents 2,396 3,142
5,236 6,490
Current liabilities
Creditors: Amounts falling due within one year (25,309) (22,236)
(25,309) (22,236)
Net current (liabilities)/assets (20,073) (15,746)
Total assets less current liabilities 1,342,451 1,346,779
Non-current liabilities
Creditors: Amounts falling due after more than one year (1,009,890) (1,014,154)
Net assets/(liabilities) attributable to members 332,561 332,624
Represented by:
Loans and other debts due to members - 10,280
Capital and reserves:
- Members capital 351,368 353,751
- Other reserves (18,807) (31,407)
332,561 332,625
Total members interests
Total Amounts due to members - 10,280
Member's other interests 332,561 322,345
332,561 332,625
Alert: Net assets does not match with Members capital and Other reserves for the previous year !
Alert: Net assets does not match with Total members interests for the previous year !
The notes on pages 1 to 6 are an integral part of these financial statements.
  • For the year ended 31 March 2024 the Partnership was entitled to exemption from audit under section 477 of the Companies Act 2006 as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 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 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.
These financial statements were approved by members on 20 September 2024 and were signed on its behalf by:
.............................
Sunil Gupta (Designated member)
Limited Liability Partnership registration number: OC439436
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
BALANCE SHEET AT 2024-03-31
2024 2023
£ £
Fixed Assets 1,362,524 1,362,524
Current Assets 5,236 6,490
Creditors: amounts falling due within one year (25,309) (22,236)
Net current assets (liabilities) (20,073) (15,746)
Total assets less current liabilities 1,342,451 1,346,779
CREDITORS: Amounts falling due more than one year (1,009,890) (1,014,154)
Net Assets (liabilities) 332,561 332,624
Capital and Reserves (18,807) (31,407)
Alert: Net assets does not match with Members capital and Other reserves for the previous year !
For the year ending 31/03/2024 the Partnership was entitled to exemption from audit under section 477 of the Companies Act 2006 as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs For the year ending 31-03-2024 the Partnership was entitled to exemption from audit under section 477 of the Companies Act 2006 as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs
The members have not required the company to obtain an audit for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 2024-09-20 2024-09-20 and signed on behalf of the board,
.............................
Director
Company registration number: OC439436
ASHIANA PARTNERSHIP LLP
Notes to the Financial Statements
For the year ended 31 March 2024

(1) General Information
The ASHIANA PARTNERSHIP LLP is a limited liability partnership and is registered in England and Wales. Its legal form is that of a limited liability partnership. The address of the registered office is 121 Watford Road, Croxley Green, Rickmansworth, Hertfordshire, WD3 3DX.
(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” Section 1A and Companies Act 2006, as applicable to LLPs subject to the small entities regime.
(3) Significant Accounting Policies
Basis of preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006.

The presentation and functional currency of the partnership is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

The partnership recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the partnership has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Rendering of services
Revenue from provision of services rendered in the reporting period is recognised when the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered.
When the outcome of a service contract cannot be estimated reliably the partnership only recognises revenue to the extent of the recoverable expenses recognised.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings
Equipment
Motor Cars
(4) Critical accounting judgements and key sources of estimation uncertainty
No judgement
No significant judgements or estimates have been made in preparation of these financial statements.
(5) Turnover
All revenue in the current and prior period arises in the United Kingdom. The revenue from partnership’s operations amounted to £82,627(2023: £ 75,266).
2024 2023
£ £
Sales 82,627 75,266
82,627 75,266
(6) Employees
During the year, the average number of employees including member was 0 (2023 : 0).
(7) Investment property
Investment Properties
£
Cost
As at 01 April 20231,362,524
As at 31 March 20241,362,524
Depreciation
As at 31 March 2024-
Net book value
As at 31 March 20241,362,524
As at 31 March 20231,362,524
(8) Fixed assets
Investments
Property
£
Cost
As at 01 April 20231,362,524
As at 31 March 20241,362,524
Depreciation/Amortisation
As at 31 March 2024-
Net book value
As at 31 March 20241,362,524
As at 31 March 20231,362,524