1 April 2023 false No description of principal activity Taxfiler 2024.5 OC440975business:LimitedLiabilityPartnershipLLP2023-04-012024-03-31 OC4409752023-03-31 OC4409752023-04-012024-03-31 OC440975business:AuditExemptWithAccountantsReport2023-04-012024-03-31 OC440975business:FullAccounts2023-04-012024-03-31 OC4409752024-03-31 OC440975business:PartnerLLP12023-04-012024-03-31 OC440975business:PartnerLLP22023-04-012024-03-31 OC440975business:RegisteredOffice2023-04-012024-03-31 OC4409752023-03-31 OC440975core:WithinOneYear2024-03-31 OC440975core:WithinOneYear2023-03-31 OC440975core:ShareCapital2024-03-31 OC440975core:ShareCapital2023-03-31 OC440975business:SmallEntities2023-04-012024-03-31 OC440975countries:EnglandWales2023-04-012024-03-31 OC4409752022-04-012023-03-31 iso4217:GBP xbrli:pure
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
Mr Thomas 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
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LAMBTONS PROPERTY LLP Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
1,910,000 
1,910,000 
Current assets
Debtors
1,321 
3,420 
Cash at bank and in hand
23,378 
13,290 
24,699 
16,710 
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 
Represented by:
Loans and other debts due to members
90,426 
95,165 
Members' other interests
Members' capital classified as equity
1,817,445 
1,817,445 
1,907,871 
1,912,610 
Total members' interests
Loans and other debts due to members
90,426 
95,165 
Members' other interests
1,817,445 
1,817,445 
1,907,871 
1,912,610 
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
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LAMBTONS PROPERTY LLP Notes to the Accounts for the year ended 31 March 2024
1
Accounting policies
Basis of preparation
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.
Presentation currency
The accounts are presented in £ sterling.
2
Statutory information
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.
3
Investment property
2024 
£ 
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 
Accruals
890 
850 
26,828 
14,100 
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).
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