REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31 March 2024 |
for |
Black Brick Property Solutions LLP |
REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31 March 2024 |
for |
Black Brick Property Solutions LLP |
Black Brick Property Solutions LLP (Registered number: OC325239) |
Contents of the Financial Statements |
for the Year Ended 31 March 2024 |
Page |
General Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
Black Brick Property Solutions LLP |
General Information |
for the Year Ended 31 March 2024 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chancery House |
30 St Johns Road |
Woking |
Surrey |
GU21 7SA |
Black Brick Property Solutions LLP (Registered number: OC325239) |
Statement of Financial Position |
31 March 2024 |
31/3/24 | 31/3/23 |
Notes | £ | £ |
FIXED ASSETS |
Property, plant and equipment | 5 |
Investments | 6 |
CURRENT ASSETS |
Debtors | 7 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 8 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
599,992 |
508,487 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
10 |
559,991 |
468,486 |
MEMBERS' OTHER INTERESTS |
Capital accounts | 40,001 | 40,001 |
599,992 | 508,487 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 10 | 559,991 | 468,486 |
Members' other interests | 40,001 | 40,001 |
599,992 | 508,487 |
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. |
Black Brick Property Solutions LLP (Registered number: OC325239) |
Statement of Financial Position - continued |
31 March 2024 |
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 |
Black Brick Property Solutions LLP (Registered number: OC325239) |
Notes to the Financial Statements |
for the Year Ended 31 March 2024 |
1. | STATUTORY INFORMATION |
Black Brick Property Solutions LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents the value of services provided during the year, net of value added tax and trade discounts. |
Tangible fixed assets |
Plant and machinery | - |
Fixtures, fittings & equipment | - |
Computer equipment | - |
Pension costs and other post-retirement benefits |
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate. |
Leasing |
Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the lease term. |
Taxation |
The taxation payable on the partnership profits is solely the personal liability of the individual members and consequently neither partnership taxation, nor related deferred taxation arising in respect of the partnership, are accounted for in these financial statements. |
4. | EMPLOYEE INFORMATION |
The average number of employees during the year was |
Black Brick Property Solutions LLP (Registered number: OC325239) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2024 |
5. | PROPERTY, PLANT AND EQUIPMENT |
Fixtures, |
Plant and | fittings | Computer |
machinery | & equipment | equipment | Totals |
£ | £ | £ | £ |
Cost |
At 1 April 2023 |
Additions |
At 31 March 2024 |
Depreciation |
At 1 April 2023 |
Charge for year |
At 31 March 2024 |
Net book value |
At 31 March 2024 |
At 31 March 2023 |
6. | FIXED ASSET INVESTMENTS |
Artwork - Annie Morris (oil stick on paper) purchased for £40,000 on 3 October 2022 |
7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/3/24 | 31/3/23 |
£ | £ |
Trade debtors |
Other debtors |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/3/24 | 31/3/23 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
9. | LEASING AGREEMENTS |
Minimum lease payments under non-cancellable operating leases fall due as follows: |
31/3/24 | 31/3/23 |
£ | £ |
Within one year |
Between one and five years |
Black Brick Property Solutions LLP (Registered number: OC325239) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2024 |
10. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors. |
11. | ULTIMATE CONTROLLING PARTY |
The controlling party is C Dell. |