REGISTERED NUMBER: |
Report of the Members and |
Unaudited Financial Statements |
For The Year Ended 29 February 2024 |
for |
Westend PAK LLP |
REGISTERED NUMBER: |
Report of the Members and |
Unaudited Financial Statements |
For The Year Ended 29 February 2024 |
for |
Westend PAK LLP |
Westend PAK LLP (Registered number: SO304268) |
Contents of the Financial Statements |
For The Year Ended 29 February 2024 |
Page |
General Information | 1 |
Report of the Members | 2 |
Income Statement | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 6 |
Westend PAK LLP |
General Information |
For The Year Ended 29 February 2024 |
DESIGNATED MEMBERS: |
Mrs M A Kean |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
1 Cambuslang Court |
Cambuslang |
Glasgow |
Strathclyde |
G32 8FH |
Westend PAK LLP (Registered number: SO304268) |
Report of the Members |
For The Year Ended 29 February 2024 |
The members present their report with the financial statements of the LLP for the year ended 29 February 2024. |
PRINCIPAL ACTIVITY |
The principal activity of the LLP in the year under review was that of property development. |
DESIGNATED MEMBERS |
The designated members during the year under review were: |
Mrs M A Kean |
RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS |
The loss for the year before members' remuneration and profit shares was £360 (2023 - £360 loss). |
MEMBERS' INTERESTS |
Capital is repaid to members on retirement from the firm in line with the Members' Agreement or at such time as is determined by the senior member. |
ON BEHALF OF THE MEMBERS: |
Westend PAK LLP (Registered number: SO304268) |
Income Statement |
For The Year Ended 29 February 2024 |
29.2.24 | 28.2.23 |
£ | £ |
TURNOVER |
Administrative expenses |
OPERATING LOSS and |
LOSS FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS |
( |
) |
( |
) |
Westend PAK LLP (Registered number: SO304268) |
Balance Sheet |
29 February 2024 |
29.2.24 | 28.2.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
309,707 |
309,707 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
- |
- |
MEMBERS' OTHER INTERESTS |
Capital accounts | 309,707 | 309,707 |
309,707 | 309,707 |
TOTAL MEMBERS' INTERESTS |
Members' other interests | 309,707 | 309,707 |
Amounts due from members | (21,025 | ) | (20,665 | ) |
288,682 | 289,042 |
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. |
Westend PAK LLP (Registered number: SO304268) |
Balance Sheet - continued |
29 February 2024 |
The financial statements were approved by the members of the LLP and authorised for issue on |
Westend PAK LLP (Registered number: SO304268) |
Notes to the Financial Statements |
For The Year Ended 29 February 2024 |
1. | STATUTORY INFORMATION |
Westend PAK LLP is registered in Scotland. 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 |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the year was NIL (2023 - NIL). |
4. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertaking |
£ |
COST |
At 1 March 2023 |
and 29 February 2024 |
NET BOOK VALUE |
At 29 February 2024 |
At 28 February 2023 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
29.2.24 | 28.2.23 |
£ | £ |
Trade creditors |
Other creditors |