REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 August 2023 to 31 March 2024 |
for |
Anstead Estates LLP |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 August 2023 to 31 March 2024 |
for |
Anstead Estates LLP |
Anstead Estates LLP (Registered number: OC417738) |
Contents of the Financial Statements |
for the Period 1 August 2023 to 31 March 2024 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Chartered Accountants' Report | 6 |
Anstead Estates LLP |
General Information |
for the Period 1 August 2023 to 31 March 2024 |
DESIGNATED MEMBERS: |
Mrs J Banner |
The Estate of Mr P Banner |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
16 Beaufort Court |
Admirals Way |
London |
Docklands |
London |
E14 9XL |
Anstead Estates LLP (Registered number: OC417738) |
Balance Sheet |
31 March 2024 |
31.3.24 | 31.7.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
1,204,256 |
1,899,826 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
7 |
1,204,256 |
1,899,826 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 7 | 1,204,256 | 1,899,826 |
Amounts due from members | 5 | (81,244 | ) | - |
1,123,012 | 1,899,826 |
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. |
Anstead Estates LLP (Registered number: OC417738) |
Balance Sheet - continued |
31 March 2024 |
The financial statements were approved by the members of the LLP and authorised for issue on |
Anstead Estates LLP (Registered number: OC417738) |
Notes to the Financial Statements |
for the Period 1 August 2023 to 31 March 2024 |
1. | STATUTORY INFORMATION |
Anstead Estates 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 |
Investment property |
Investment property is shown at the most recent valuation. Th investment property was brought in at a valuation on 13 June 2017 when the LLP partnership was formed. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit and loss. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the period was NIL (2023 - NIL). |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 August 2023 |
Revaluations | (782,654 | ) |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 July 2023 |
Fair value at 31 March 2024 is represented by: |
£ |
Valuation in 2017 | 1,842,654 |
Valuation in 2024 | (782,654 | ) |
1,060,000 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 31.7.23 |
£ | £ |
Amounts due from members | 81,244 | - |
Other debtors | 68,087 | 60,922 |
Anstead Estates LLP (Registered number: OC417738) |
Notes to the Financial Statements - continued |
for the Period 1 August 2023 to 31 March 2024 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 31.7.23 |
£ | £ |
Trade creditors |
Other creditors |
Accrued expenses |
7. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
31.3.24 | 31.7.23 |
£ | £ |
Amounts owed to members in respect of profits | 1,204,256 | 1,899,826 |
Falling due within one year | 1,204,256 | 1,899,826 |
Other creditors relate to Landlord deposit of £3,750 |
Chartered Accountants' Report to the Members |
on the Unaudited Financial Statements of |
Anstead Estates LLP |
The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Anstead Estates LLP for the period ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the LLP'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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
This report is made solely to the members of Anstead Estates LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Anstead Estates LLP and state those matters that we have agreed to state to the members of Anstead Estates LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Anstead Estates LLP and its members, as a body, for our work or for this report. |
It is your duty to ensure that Anstead Estates LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Anstead Estates LLP. You consider that Anstead Estates LLP is exempt from the statutory audit requirement for the period. |
We have not been instructed to carry out an audit or a review of the financial statements of Anstead Estates 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. |
16 Beaufort Court |
Admirals Way |
London |
Docklands |
London |
E14 9XL |
Date: ............................................. |