SF GROUND RENTS NO11 LLP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
SF Ground Rents No11 LLP is a limited liability partnership, incorporated in England & Wales (registered number OC394818). Its registered office and principal place of business is Prospect Place, Moorside Road, Winchester, England, SO23 7RX. The financial statements are presented in Sterling, which is the functional currency of the LLP. The LLP ceased to trade on 12 August 2019.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships".
These accounts have been prepared on the going concern basis on the understanding that the intermediate parent company, SF Funding Limited, will continue to financially support the LLP. At the period end, creditors are £nil (2023: £nil).
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Related party transactions
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FRS 102 does not require disclosure of transactions entered into between two or more members of a group, provided that any subsidiary which is a party to the transaction is wholly owned by such a member.
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The smallest group to consolidate these financial statements is SF Funding Limited. The registered office and principal place of business of SF Funding Limited is Prospect Place, Moorside Road, Winchester, England, SO23 7RX.
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Disclosure under section 444(5B) of the Companies Act 2006
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The auditors' report on the financial statements for the year ended 31 March 2024 was unqualified.
The audit report was signed on 26 September 2024 by Neville Newman (Senior Statutory Auditor) on behalf of Harris & Trotter LLP.
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