REGISTERED NUMBER: |
REPORT OF THE MEMBERS AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
21 JUNE 2023 TO 31 MARCH 2024 |
FOR |
LARGAN ESTATES AND PROPERTIES LLP |
REGISTERED NUMBER: |
REPORT OF THE MEMBERS AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
21 JUNE 2023 TO 31 MARCH 2024 |
FOR |
LARGAN ESTATES AND PROPERTIES LLP |
LARGAN ESTATES AND PROPERTIES LLP (REGISTERED NUMBER: OC447832) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 21 JUNE 2023 TO 31 MARCH 2024 |
Page |
General Information | 1 |
Report of the Members | 2 |
Income Statement | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 5 |
LARGAN ESTATES AND PROPERTIES LLP |
GENERAL INFORMATION |
FOR THE PERIOD 21 JUNE 2023 TO 31 MARCH 2024 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
3 Castlegate |
Grantham |
Lincolnshire |
NG31 6SF |
LARGAN ESTATES AND PROPERTIES LLP (REGISTERED NUMBER: OC447832) |
REPORT OF THE MEMBERS |
FOR THE PERIOD 21 JUNE 2023 TO 31 MARCH 2024 |
The members present their report with the financial statements of the LLP for the period 21 June 2023 to 31 March 2024. |
INCORPORATION |
The LLP was incorporated on 21 June 2023 and commenced trading on 1 September 2023. |
PRINCIPAL ACTIVITY |
The principal activity of the LLP in the period under review was that of letting and operating of own or leased real estate. |
DESIGNATED MEMBERS |
The designated members during the period under review were: |
RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS |
The profit for the period before members' remuneration and profit shares was £27,805. |
MEMBERS' INTERESTS |
ON BEHALF OF THE MEMBERS: |
LARGAN ESTATES AND PROPERTIES LLP (REGISTERED NUMBER: OC447832) |
INCOME STATEMENT |
FOR THE PERIOD 21 JUNE 2023 TO 31 MARCH 2024 |
£ |
TURNOVER |
Cost of sales |
GROSS LOSS | ( |
) |
Administrative expenses |
(28,576 | ) |
Other operating income |
OPERATING PROFIT and |
PROFIT FOR THE FINANCIAL PERIOD BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS |
LARGAN ESTATES AND PROPERTIES LLP (REGISTERED NUMBER: OC447832) |
BALANCE SHEET |
31 MARCH 2024 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS | 2,233,757 |
LOANS AND OTHER DEBTS DUE TO MEMBERS | 2,257 |
MEMBERS' OTHER INTERESTS |
Capital accounts | 2,231,500 |
2,233,757 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 2,257 |
Members' other interests | 2,231,500 |
2,233,757 |
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 were approved by the members of the LLP and authorised for issue on |
LARGAN ESTATES AND PROPERTIES LLP (REGISTERED NUMBER: OC447832) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 21 JUNE 2023 TO 31 MARCH 2024 |
1. | STATUTORY INFORMATION |
Largan Estates and Properties 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 |
Tangible fixed assets |
3. | EMPLOYEE INFORMATION |
The average number of employees during the period was NIL. |
4. | TANGIBLE FIXED ASSETS |
Land and |
buildings |
£ |
COST |
Additions |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other creditors |