1 February 2023 false No description of principal activity Taxfiler 2024.5 OC420770business:LimitedLiabilityPartnershipLLP2023-02-012024-01-31 OC4207702023-01-31 OC4207702023-02-012024-01-31 OC420770business:AuditExemptWithAccountantsReport2023-02-012024-01-31 OC420770business:FullAccounts2023-02-012024-01-31 OC4207702024-01-31 OC4207702023-01-31 OC420770core:WithinOneYear2024-01-31 OC420770core:WithinOneYear2023-01-31 OC420770core:AfterOneYear2024-01-31 OC420770core:AfterOneYear2023-01-31 OC420770business:SmallEntities2023-02-012024-01-31 OC420770business:PartnerLLP22023-02-012024-01-31 OC420770countries:EnglandWales2023-02-012024-01-31 OC420770business:RegisteredOffice2023-02-012024-01-31 OC4207702022-02-012023-01-31 iso4217:GBP xbrli:pure
Registered No. OC420770 (England and Wales)
Sharr Homes Llp Unaudited accounts for the year ended 31 January 2024
Sharr Homes Llp Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
1,005,050 
769,662 
Cash at bank and in hand
11,870 
22,269 
1,016,920 
791,931 
Creditors: amounts falling due within one year
(43,000)
(56,175)
Net current assets
973,920 
735,756 
Total assets less current liabilities
973,920 
735,756 
Creditors: amounts falling due after more than one year
(27,270)
(25,252)
Net assets attributable to members
946,650 
710,504 
Represented by:
Loans and other debts due to members
946,650 
710,504 
946,650 
710,504 
Total members' interests
Loans and other debts due to members
946,650 
710,504 
946,650 
710,504 
For the year ending 31 January 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 25 October 2024.
Sarb Investments Ltd Designated member Limited Liability Partnership Registration No. OC420770
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Sharr Homes Llp Notes to the Accounts for the year ended 31 January 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.
2
Statutory information
Sharr Homes Llp is a limited liability partnership, incorporated in England and Wales, registration number OC420770. Its registered office is 174 Newton Road, Great Barr, Birmingham, West Midlands, B43 6BU, England.
3
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
10,800 
Other creditors
41,000 
41,000 
Accruals
2,000 
4,375 
43,000 
56,175 
4
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
27,270 
25,252 
5
Loans and other debts due to members
2024 
2023 
£ 
£ 
Members' capital classified as a liability
946,650 
710,504 
Amounts falling due within one year
946,650 
710,504 
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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