Registered No. OC431828 (England and Wales)
Kiazy Homes LLP
Unaudited accounts
for the year ended 30 May 2024
Kiazy Homes LLP
LLP Information
for the year ended 30 May 2024
Designated members
Mr Ahmed Olawale Odushola
Registered Number
OC431828 (England and Wales)
Registered Office
230 NEWCROSS ROAD
LONDON
SE14 5PL
ENGLAND
Accountants
Crescent Heights
85 Great Portland Street
LONDON
W1W 7LT
Report to the members on the preparation of the unaudited statutory financial statements of
Kiazy Homes LLP
for the year ended 30 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of
Kiazy Homes LLP for the year ended
30 May 2024 as set out on pages
4 -
5 from the LLP's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Crescent Heights
Chartered Certified Accountants
85 Great Portland Street
LONDON
W1W 7LT
23 October 2024
Kiazy Homes LLP
Statement of financial position
as at 30 May 2024
Investment property
3,515,000
3,515,000
Cash at bank and in hand
29,495
4,846
Creditors: amounts falling due within one year
(600)
(600)
Net current assets
519,276
509,341
Total assets less current liabilities
4,034,276
4,024,341
Creditors: amounts falling due after more than one year
(1,873,158)
(1,873,158)
Net assets attributable to members
2,161,118
2,151,183
Loans and other debts due to members
7,271
-
Members' capital classified as equity
2,582,287
2,582,287
Other reserves
(428,440)
(431,104)
Loans and other debts due to members
7,271
-
Members' other interests
2,153,847
2,151,183
For the year ending 30 May 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 23 October 2024.
Mrs Kudrat Odushola
Designated member
Limited Liability Partnership Registration No. OC431828
Kiazy Homes LLP
Notes to the Accounts
for the year ended 30 May 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.
Kiazy Homes LLP is a limited liability partnership, incorporated in England and Wales, registration number OC431828. Its registered office is 230 NEWCROSS ROAD, LONDON, SE14 5PL, ENGLAND.
Fair value at 31 May 2023
3,515,000
4
Creditors: amounts falling due within one year
2024
2023
5
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
1,873,158
1,873,158
6
Loans and other debts due to members
2024
2023
Amounts due to members in respect of profits
7,271
-
Amounts falling due within one year
7,271
-
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).