Registered No. OC440975 (England and Wales)
LAMBTONS PROPERTY LLP
Unaudited accounts
for the year ended 31 March 2024
LAMBTONS PROPERTY LLP
LLP Information
for the year ended 31 March 2024
Designated members
Ms Lucy Owen
Registered Number
OC440975 (England and Wales)
Registered Office
2 MEETING HOUSE LANE
BRIGHTON
EAST SUSSEX
BN1 1HB
Accountants
D M Pettitt Accountancy Services
33 Bowmans Close
Steyning
West Sussex
BN44 3SR
LAMBTONS PROPERTY LLP
Statement of financial position
as at 31 March 2024
Investment property
1,910,000
1,910,000
Cash at bank and in hand
23,378
13,290
Creditors: amounts falling due within one year
(26,828)
(14,100)
Net current (liabilities)/assets
(2,129)
2,610
Net assets attributable to members
1,907,871
1,912,610
Loans and other debts due to members
90,426
95,165
Members' capital classified as equity
1,817,445
1,817,445
Loans and other debts due to members
90,426
95,165
Members' other interests
1,817,445
1,817,445
For the year ending 31 March 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) 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 and delivered 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.
Approved by the members on 31 October 2024.
Mr Thomas Owen
Designated member
Limited Liability Partnership Registration No. OC440975
LAMBTONS PROPERTY LLP
Notes to the Accounts
for the year ended 31 March 2024
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
LAMBTONS PROPERTY LLP is a limited liability partnership, incorporated in England and Wales, registration number OC440975. Its registered office is 2 MEETING HOUSE LANE, BRIGHTON, EAST SUSSEX, BN1 1HB.
Fair value at 1 April 2023
1,910,000
At 31 March 2024
1,910,000
4
Creditors: amounts falling due within one year
2024
2023
Taxes and social security costs
900
292
Other creditors
25,038
12,958
5
Loans and other debts due to members
2024
2023
Amounts due to members in respect of profits
90,426
95,165
Amounts falling due within one year
90,426
95,165
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).