1 April 2023 false No description of principal activity Taxfiler 2024.6 OC381489business:LimitedLiabilityPartnershipLLP2023-04-012024-03-31 OC3814892023-03-31 OC3814892023-04-012024-03-31 OC381489business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 OC381489business:FullAccounts2023-04-012024-03-31 OC3814892024-03-31 OC381489business:PartnerLLP12023-04-012024-03-31 OC381489business:PartnerLLP22023-04-012024-03-31 OC381489business:PartnerLLP32023-04-012024-03-31 OC3814892023-03-31 OC381489core:WithinOneYear2024-03-31 OC381489core:WithinOneYear2023-03-31 OC381489core:ShareCapital2024-03-31 OC381489core:ShareCapital2023-03-31 OC381489core:RetainedEarningsAccumulatedLosses2024-03-31 OC381489core:RetainedEarningsAccumulatedLosses2023-03-31 OC381489business:SmallEntities2023-04-012024-03-31 OC381489countries:EnglandWales2023-04-012024-03-31 OC381489core:LandBuildings2023-03-31 OC381489core:FurnitureFittings2023-03-31 OC381489core:LandBuildings2024-03-31 OC381489core:FurnitureFittings2024-03-31 OC381489core:LandBuildings2023-04-012024-03-31 OC381489core:FurnitureFittings2023-04-012024-03-31 OC3814892022-04-012023-03-31 iso4217:GBP xbrli:pure
Registered No. OC381489 (England and Wales)
Kinmonth Estate LLP Unaudited accounts for the year ended 31 March 2024
Kinmonth Estate LLP LLP Information for the year ended 31 March 2024
Designated members
Morgan Absolute Return Limited
David Richard Paul Morgan
Louise Morgan
Registered Number
OC381489 (England and Wales)
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Kinmonth Estate LLP Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,510,600 
4,121,303 
Current assets
Debtors
- 
15,831 
Cash at bank and in hand
611 
4,454 
611 
20,285 
Creditors: amounts falling due within one year
(1,170)
64 
Net current (liabilities)/assets
(559)
20,349 
Net assets attributable to members
3,510,041 
4,141,652 
Represented by:
Loans and other debts due to members
81,226 
82,749 
Members' other interests
Members' capital classified as equity
4,969,527 
5,581,256 
Other reserves
(1,540,712)
(1,522,353)
3,428,815 
4,058,903 
3,510,041 
4,141,652 
Total members' interests
Loans and other debts due to members
81,226 
82,749 
Members' other interests
3,428,815 
4,058,903 
3,510,041 
4,141,652 
For the year ending 31 March 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 27 November 2024.
David Richard Paul Morgan Designated member Limited Liability Partnership Registration No. OC381489
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Kinmonth Estate LLP Notes to the Accounts for the year ended 31 March 2024
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
2
Statutory information
Kinmonth Estate LLP is a limited liability partnership, incorporated in England and Wales, registration number OC381489.
3
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
4,115,303 
49,000 
4,164,303 
At 31 March 2024
4,115,303 
49,000 
4,164,303 
Depreciation
At 1 April 2023
- 
43,000 
43,000 
Charge for the year
615,303 
- 
615,303 
Surplus on revaluation
- 
(4,600)
(4,600)
At 31 March 2024
615,303 
38,400 
653,703 
Net book value
At 31 March 2024
3,500,000 
10,600 
3,510,600 
At 31 March 2023
4,115,303 
6,000 
4,121,303 
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security costs
470 
(764)
Accruals
700 
700 
1,170 
(64)
5
Loans and other debts due to members
2024 
2023 
£ 
£ 
Loans from members
81,226 
82,749 
Amounts falling due within one year
81,226 
82,749 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
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Kinmonth Estate LLP Notes to the Accounts for the year ended 31 March 2024
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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