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REGISTERED NUMBER: OC362980 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

BRANDON LETTINGS LLP

BRANDON LETTINGS LLP (REGISTERED NUMBER: OC362980)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BRANDON LETTINGS LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DESIGNATED MEMBERS: Mr S A Ross
Mrs C J Ross





REGISTERED OFFICE: Mackenzies Accountants
4 Kings Row
Armstrong Road
Maidstone
Kent
ME15 6AQ





REGISTERED NUMBER: OC362980 (England and Wales)





ACCOUNTANTS: Mackenzies Accountants Limited
Chartered Accountants
1 Langley Court
Pyle Street
Newport
Isle of Wight
PO30 1LA

BRANDON LETTINGS LLP (REGISTERED NUMBER: OC362980)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 1,166,859 1,182,660

CURRENT ASSETS
Debtors 5 322,586 291,650
Cash at bank 3,935 27,504
326,521 319,154
CREDITORS
Amounts falling due within one year 6 177,085 127,620
NET CURRENT ASSETS 149,436 191,534
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,316,295

1,374,194

CREDITORS
Amounts falling due after more than one
year

7

1,437,682

1,495,581
NET LIABILITIES ATTRIBUTABLE TO
MEMBERS

(121,387

)

(121,387

)

BRANDON LETTINGS LLP (REGISTERED NUMBER: OC362980)

BALANCE SHEET - continued
31 MARCH 2024

2024 2023
Notes £ £ £ £
LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

MEMBERS' OTHER INTERESTS
Capital accounts (121,387 ) (121,387 )
(121,387 ) (121,387 )

TOTAL MEMBERS' INTERESTS
Members' other interests (121,387 ) (121,387 )
Amounts due from members 5 (322,586 ) (288,652 )
(443,973 ) (410,039 )

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 March 2024.

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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 15 October 2024 and were signed by:





Mr S A Ross - Designated member

BRANDON LETTINGS LLP (REGISTERED NUMBER: OC362980)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Brandon Lettings Llp is registered in England and Wales. 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - in accordance with the property
Plant and machinery - at varying rates on cost
Computer equipment - 15% on cost

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Freehold Plant and Computer
property machinery equipment Totals
£ £ £ £
COST
At 1 April 2023 1,295,507 72,760 5,530 1,373,797
Additions - - 1,908 1,908
At 31 March 2024 1,295,507 72,760 7,438 1,375,705
DEPRECIATION
At 1 April 2023 150,496 38,737 1,904 191,137
Charge for year 12,955 3,638 1,116 17,709
At 31 March 2024 163,451 42,375 3,020 208,846
NET BOOK VALUE
At 31 March 2024 1,132,056 30,385 4,418 1,166,859
At 31 March 2023 1,145,011 34,023 3,626 1,182,660

BRANDON LETTINGS LLP (REGISTERED NUMBER: OC362980)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors - 2,998
Amounts due from members 322,586 288,652
322,586 291,650

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 58,049 49,724
Trade creditors 15,120 5,279
VAT 14,033 8,689
Other creditors 2,280 -
Accruals and deferred income 87,603 63,928
177,085 127,620

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Bank loans - over 1 year 1,437,682 1,495,581