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REGISTERED NUMBER: OC422073 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Kambo Real Estates LLP

Kambo Real Estates LLP (Registered number: OC422073)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


Kambo Real Estates LLP (Registered number: OC422073)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,600,000 1,600,000

CURRENT ASSETS
Cash at bank 16,506 23,989

CREDITORS
Amounts falling due within one year 5 960 929
NET CURRENT ASSETS 15,546 23,060
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

1,615,546

1,623,060

LOANS AND OTHER DEBTS DUE TO
MEMBERS

92,551

76,818

MEMBERS' OTHER INTERESTS
Capital accounts 1,522,995 1,546,242
1,615,546 1,623,060

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 92,551 76,818
Members' other interests 1,522,995 1,546,242
1,615,546 1,623,060

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.

Kambo Real Estates LLP (Registered number: OC422073)

Statement of Financial Position - continued
31 March 2024


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 21 October 2024 and were signed by:





Mr Manminder Singh Kambo - Designated member

Kambo Real Estates LLP (Registered number: OC422073)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Kambo Real Estates LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number: OC422073

Registered office: 56 Forest Drive East
London
E11 1JY

The presentation currency of the financial statements is the Pound Sterling (£).


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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEE INFORMATION

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 1,600,000
NET BOOK VALUE
At 31 March 2024 1,600,000
At 31 March 2023 1,600,000

Fair value at 31 March 2024 is represented by:
£   
Cost 1,600,000

Kambo Real Estates LLP (Registered number: OC422073)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors - (1 )
Other creditors 960 930
960 929