Limited Liability Partnership registration number OC326191 (England and Wales)
DARRAN PROPERTY PARTNERSHIP LLP
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024
PAGES FOR FILING WITH REGISTRAR
DARRAN PROPERTY PARTNERSHIP LLP
LIMITED LIABILITY PARTNERSHIP INFORMATION
Designated members
Mrs T Mackey
Mr JT Morgan
Limited liability partnership number
OC326191
Registered office
c/o JT'S Motorcycles Limited
Unit 1 Heol Y Gors
Cwmbwrla
Swansea
West Glamorgan
SA5 8LD
Accountants
WBV Limited
The Third Floor
Langdon House, Langdon Road
SA1 Swansea Waterfront
Swansea
Wales
SA1 8QY
DARRAN PROPERTY PARTNERSHIP LLP
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
DARRAN PROPERTY PARTNERSHIP LLP
ACCOUNTANTS' REPORT TO THE MEMBERS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF DARRAN PROPERTY PARTNERSHIP LLP FOR THE YEAR ENDED 28 FEBRUARY 2024
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Darran Property Partnership LLP for the year ended 28 February 2024, which comprise the balance sheet, from the limited liability partnership’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the limited liability partnership's members of Darran Property Partnership LLP, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Darran Property Partnership LLP and state those matters that we have agreed to state to the limited liability partnership's members of Darran Property Partnership LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Darran Property Partnership LLP and its members as a body, for our work or for this report.

It is your duty to ensure that Darran Property Partnership LLP has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Darran Property Partnership LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Darran Property Partnership LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

WBV Limited
27 November 2024
Chartered Accountants
The Third Floor
Langdon House, Langdon Road
SA1 Swansea Waterfront
Swansea
Wales
SA1 8QY
DARRAN PROPERTY PARTNERSHIP LLP
BALANCE SHEET
AS AT
28 FEBRUARY 2024
28 February 2024
- 2 -
2024
2023
£
£
£
£
Fixed assets
432,163
432,163
Current assets
341
266
Creditors: amounts falling due within one year
(8,262)
(6,609)
Net current liabilities
(7,921)
(6,343)
Total assets less current liabilities
424,242
425,820
Creditors: amounts falling due after more than one year
(62,250)
(62,250)
Net assets attributable to members
361,992
363,570
Represented by:
Loans and other debts due to members
363,570
367,334
Members' other interests
(1,578)
(3,764)
361,992
363,570
Notes to the financial statements
1
Employees

The average number of persons, excluding members, employed by the partnership during the year was as follows:

2024
2023
Number
Number
Employees
2
2

The members of thetrue LLP have elected not to include a copy of the profit and loss account within the financial statements.

Darran Property Partnership LLP is a Limited Liability Partnership incorporated in England and Wales. The registered office is c/o JT'S Motorcycles Limited, Unit 1 Heol Y Gors, Cwmbwrla, Swansea, West Glamorgan, SA5 8LD.

For the financial year ended 28 February 2024 the Limited Liability Partnership was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008) relating to small limited liability partnerships.

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to limited liability partnerships) with respect to accounting records and the preparation of accounts.

DARRAN PROPERTY PARTNERSHIP LLP
BALANCE SHEET (CONTINUED)
AS AT
28 FEBRUARY 2024
28 February 2024
- 3 -

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members and authorised for issue on 27 November 2024 and are signed on its behalf by:
Mrs T Mackey
Mr JT Morgan
Designated member
Designated member
Limited Liability Partnership registration number OC326191 (England and Wales)
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