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REGISTERED NUMBER: OC446782 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 10 APRIL 2023 TO 31 MARCH 2024

FOR

IMMKK PROPERTY MANAGEMENT LLP

IMMKK PROPERTY MANAGEMENT LLP (REGISTERED NUMBER: OC446782)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 10 APRIL 2023 TO 31 MARCH 2024










Page

General Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


IMMKK PROPERTY MANAGEMENT LLP

GENERAL INFORMATION
FOR THE PERIOD 10 APRIL 2023 TO 31 MARCH 2024







DESIGNATED MEMBERS: Miss K Simmons
Mr M A Simmons





REGISTERED OFFICE: Unit 2.02 High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: OC446782 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02 High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

IMMKK PROPERTY MANAGEMENT LLP (REGISTERED NUMBER: OC446782)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

Notes £    £   
FIXED ASSETS
Investment property 4 705,000

CURRENT ASSETS
Debtors 6,053

CREDITORS
Amounts falling due within one year 5 840
NET CURRENT ASSETS 5,213
TOTAL ASSETS LESS CURRENT
LIABILITIES

710,213

CREDITORS
Amounts falling due after more than one
year

6

363,474
NET ASSETS ATTRIBUTABLE TO
MEMBERS

346,739

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

5,213

MEMBERS' OTHER INTERESTS
Capital accounts 341,526
346,739

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 5,213
Members' other interests 341,526
Amounts due from members (6,053 )
340,686

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 period 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.

IMMKK PROPERTY MANAGEMENT LLP (REGISTERED NUMBER: OC446782)

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 28 October 2024 and were signed by:





Miss K Simmons - Designated member

IMMKK PROPERTY MANAGEMENT LLP (REGISTERED NUMBER: OC446782)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 10 APRIL 2023 TO 31 MARCH 2024


1. STATUTORY INFORMATION

IMMKK Property Management 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
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.

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 period was NIL.

4. INVESTMENT PROPERTY
Total
£   
Fair value
Additions 705,000
At 31 March 2024 705,000
Net book value
At 31 March 2024 705,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 840

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans (see note 7) 363,474

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 363,474

IMMKK PROPERTY MANAGEMENT LLP (REGISTERED NUMBER: OC446782)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 10 APRIL 2023 TO 31 MARCH 2024


7. LOANS

An analysis of the maturity of loans is given below:

£   
Amounts falling due in more than five years:
Repayable by instalments
Bank loans more 5 yr by instal 363,474

8. LOANS AND OTHER DEBTS DUE TO MEMBERS
£   
Amounts owed to members in respect of profits 5,213

Falling due within one year 5,213

This is not loan to members, this is the current accounts of designated partners.