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REGISTERED NUMBER: OC366904 (England and Wales)















A A & S INVESTMENTS LLP

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






A A & S INVESTMENTS LLP (REGISTERED NUMBER: OC366904)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A A & S INVESTMENTS LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DESIGNATED MEMBERS: S P Thackray
A M Thackray





REGISTERED OFFICE: Clarke Nicklin House
Brooks Drive
Cheadle Royal Business Park
Cheadle
Cheshire
SK8 3TD





REGISTERED NUMBER: OC366904 (England and Wales)





ACCOUNTANTS: Clarke Nicklin LLP
Chartered Accountants
Clarke Nicklin House
Brooks Drive
Cheadle Royal Business Park
Cheadle
Cheshire
SK8 3TD

A A & S INVESTMENTS LLP (REGISTERED NUMBER: OC366904)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,155 12,206
Investment property 5 895,000 695,841
904,155 708,047

CURRENT ASSETS
Debtors 6 14,869 5,554
Cash at bank 70,179 65,746
85,048 71,300
CREDITORS
Amounts falling due within one year 7 33,377 31,792
NET CURRENT ASSETS 51,671 39,508
TOTAL ASSETS LESS CURRENT
LIABILITIES

955,826

747,555

CREDITORS
Amounts falling due after more than one
year

8

108,002

108,002
NET ASSETS ATTRIBUTABLE TO
MEMBERS

847,824

639,553

A A & S INVESTMENTS LLP (REGISTERED NUMBER: OC366904)

BALANCE SHEET - continued
31 MARCH 2024

2024 2023
Notes £    £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

10

648,665

639,553

MEMBERS' OTHER INTERESTS
Revaluation reserve 11 199,159 -
847,824 639,553

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 10 648,665 639,553
Members' other interests 199,159 -
847,824 639,553

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 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.

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 8 November 2024 and were signed by:





S P Thackray - Designated member

A A & S INVESTMENTS LLP (REGISTERED NUMBER: OC366904)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

A A & S Investments 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
Going concern
The members have reasonable expectation that the partnership has adequate resources to continue in operational existence for the foreseeable future. The members have reached this conclusion giving due consideration to the projected future performance of the partnership and any potential risk that might impact the partnership's ability to meet its required solvency levels. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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 NIL (2023 - 1 ).

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 36,502 1,419 37,921
DEPRECIATION
At 1 April 2023 24,296 1,419 25,715
Charge for year 3,051 - 3,051
At 31 March 2024 27,347 1,419 28,766
NET BOOK VALUE
At 31 March 2024 9,155 - 9,155
At 31 March 2023 12,206 - 12,206

A A & S INVESTMENTS LLP (REGISTERED NUMBER: OC366904)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 695,841
Revaluations 199,159
At 31 March 2024 895,000
NET BOOK VALUE
At 31 March 2024 895,000
At 31 March 2023 695,841

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2024 199,160
Cost 695,840
895,000

If investment property had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 557,394 557,394

Investment property was valued on an open market basis on 31 March 2024 by the members .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 14,869 5,554

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans 27,000 27,000
Other creditors 6,377 4,792
33,377 31,792

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 108,002 108,002

A A & S INVESTMENTS LLP (REGISTERED NUMBER: OC366904)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 135,002 135,002

The bank loan is secured against the investment properties which it relates to.

10. LOANS AND OTHER DEBTS DUE TO MEMBERS
2024 2023
£    £   
Amounts owed to members in respect of profits 648,665 639,553

Falling due within one year 648,665 639,553

11. RESERVES
Revaluation
reserve
£   
Revaluation in year 199,159
At 31 March 2024 199,159