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REGISTERED NUMBER: OC433903 (England and Wales)












THE SPYRATOUS LLP

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2024






THE SPYRATOUS LLP (REGISTERED NUMBER: OC433903)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE SPYRATOUS LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 5 APRIL 2024







DESIGNATED MEMBERS: Mr S Spyratos
Mrs M Spyratou





REGISTERED OFFICE: Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE





REGISTERED NUMBER: OC433903 (England and Wales)





ACCOUNTANTS: Christiansons Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE

THE SPYRATOUS LLP (REGISTERED NUMBER: OC433903)

BALANCE SHEET
5 APRIL 2024

5.4.24 5.4.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,300,000 1,300,000

CURRENT ASSETS
Cash at bank 7,172 6,298

CREDITORS
Amounts falling due within one year 5 1,584 1,584
NET CURRENT ASSETS 5,588 4,714
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,305,588

1,304,714

CREDITORS
Amounts falling due after more than one
year

6

527,356

534,981
NET ASSETS ATTRIBUTABLE TO
MEMBERS

778,232

769,733

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

15,467

6,968

MEMBERS' OTHER INTERESTS
Capital accounts 762,765 762,765
778,232 769,733

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 15,467 6,968
Members' other interests 762,765 762,765
778,232 769,733

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 year ended 5 April 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.

THE SPYRATOUS LLP (REGISTERED NUMBER: OC433903)

BALANCE SHEET - continued
5 APRIL 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 4 November 2024 and were signed by:





Mr S Spyratos - Designated member

THE SPYRATOUS LLP (REGISTERED NUMBER: OC433903)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024


1. STATUTORY INFORMATION

The Spyratous 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 year was 2 (2023 - NIL ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 6 April 2023
and 5 April 2024 1,300,000
NET BOOK VALUE
At 5 April 2024 1,300,000
At 5 April 2023 1,300,000

Fair value at 5 April 2024 is represented by:
£   
Valuation in 2021 983,304
Cost 316,696
1,300,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£    £   
Accrued expenses 1,584 1,584

THE SPYRATOUS LLP (REGISTERED NUMBER: OC433903)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024


6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
5.4.24 5.4.23
£    £   
Bank loans (see note 7) 527,356 534,981

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 527,356 534,981

7. LOANS

An analysis of the maturity of loans is given below:

5.4.24 5.4.23
£    £   
Amounts falling due in more than five years:
Repayable by instalments
Bank loans more 5 yr by instal 527,356 534,981

8. LOANS AND OTHER DEBTS DUE TO MEMBERS
5.4.24 5.4.23
£    £   
Amounts owed to members in respect of profits 15,467 6,968

Falling due within one year 15,467 6,968

Loans and other debts due to members are unsecured and rank equally with debts due to other unsecured creditors in a winding up.