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REGISTERED NUMBER: OC319405 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Mortgage Pensions & Investments LLP

Mortgage Pensions & Investments LLP (Registered number: OC319405)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

General Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Mortgage Pensions & Investments LLP

General Information
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: B McCaskie
G J Waller





REGISTERED OFFICE: 88 East Hill
St Austell
Cornwall
PL25 4TR





REGISTERED NUMBER: OC319405 (England and Wales)

Mortgage Pensions & Investments LLP (Registered number: OC319405)

Abridged Statement of Financial Position
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,477 4,842

CURRENT ASSETS
Debtors 9,129 13,314
Cash at bank 46,276 34,172
55,405 47,486
CREDITORS
Amounts falling due within one year 4,728 4,185
NET CURRENT ASSETS 50,677 43,301
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

54,154

48,143

LOANS AND OTHER DEBTS DUE TO
MEMBERS

54,154

48,143

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 54,154 48,143

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.

Mortgage Pensions & Investments LLP (Registered number: OC319405)

Abridged Statement of Financial Position - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 5 July 2024 and were signed by:





B McCaskie - Designated member

Mortgage Pensions & Investments LLP (Registered number: OC319405)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Mortgage Pensions & 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
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.

Turnover
Turnover represents the invoiced value of services supplied and commissions earned. All turnover originated in the United Kingdom.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office furniture and equipment - 20% on reducing balance

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.

Members remuneration
A member's share in the profit or loss for the year is accounted for as an allocation of profits in accordance with the agreement between the members

3. EMPLOYEE INFORMATION

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 20,627
Disposals (9,588 )
At 31 March 2024 11,039
DEPRECIATION
At 1 April 2023 15,785
Charge for year 869
Eliminated on disposal (9,092 )
At 31 March 2024 7,562
NET BOOK VALUE
At 31 March 2024 3,477
At 31 March 2023 4,842