Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 OC375138 Netherseale Limited Samson Properties Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC375138 2023-03-31 OC375138 2024-03-31 OC375138 2023-04-01 2024-03-31 OC375138 frs-core:CurrentFinancialInstruments 2024-03-31 OC375138 frs-core:Non-currentFinancialInstruments 2024-03-31 OC375138 frs-core:FurnitureFittings 2024-03-31 OC375138 frs-core:FurnitureFittings 2023-04-01 2024-03-31 OC375138 frs-core:FurnitureFittings 2023-03-31 OC375138 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 OC375138 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 OC375138 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-31 OC375138 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 OC375138 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 OC375138 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 OC375138 frs-core:PlantMachinery 2023-04-01 2024-03-31 OC375138 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC375138 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC375138 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC375138 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC375138 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC375138 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC375138 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC375138 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC375138 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC375138 2022-03-31 OC375138 2023-03-31 OC375138 2022-04-01 2023-03-31 OC375138 frs-core:CurrentFinancialInstruments 2023-03-31 OC375138 frs-core:Non-currentFinancialInstruments 2023-03-31
Registered number: OC375138
PEMBROKE ESTATES LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
B&SW Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC375138
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,471,272 5,032,925
3,471,272 5,032,925
CURRENT ASSETS
Debtors 5 1,014,339 9,429
Cash at bank and in hand 160,590 208,192
1,174,929 217,621
Creditors: Amounts Falling Due Within One Year 6 (65,975 ) (8,206 )
NET CURRENT ASSETS (LIABILITIES) 1,108,954 209,415
TOTAL ASSETS LESS CURRENT LIABILITIES 4,580,226 5,242,340
Creditors: Amounts Falling Due After More Than One Year 7 (2,000,000 ) (2,500,000 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 2,580,226 2,742,340
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability 59,333 40,177
Other amounts 56,688 77,958
116,021 118,135
Equity
Members' other interests
Members' capital 1,121,388 1,121,388
Revaluation reserve 1,342,817 1,502,817
2,464,205 2,624,205
2,580,226 2,742,340
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 116,021 118,135
Members' other interests 2,464,205 2,624,205
2,580,226 2,742,340
Page 1
Page 2
For the year ending 31 March 2024 the LLP 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 applicable to LLPs subject to the small LLPs regime.)
The members acknowledge their responsibilities for complying with the requirements of the Act (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 LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.
On behalf of the members
Netherseale Limited
Designated Member
23/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
PEMBROKE ESTATES LLP is a limited liability partnership, incorporated in England & Wales, registered number OC375138 . The Registered Office is 60 Pembroke Road, LONDON, W8 6NX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 0% per annum
Leasehold 0% per annum
Plant & Machinery 25% per annum straight line
Fixtures & Fittings 25% per annum straight line
3. Average Number of Employees
Average number of employees, including members, during the year was as follows: 0 NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold Leasehold Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 April 2023 4,970,425 62,500 49,941 5,082,866
Additions 15,000 - - 15,000
Disposals (1,576,653 ) - - (1,576,653 )
As at 31 March 2024 3,408,772 62,500 49,941 3,521,213
Depreciation
As at 1 April 2023 - - 49,941 49,941
As at 31 March 2024 - - 49,941 49,941
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 March 2024 3,408,772 62,500 - 3,471,272
As at 1 April 2023 4,970,425 62,500 - 5,032,925
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 674 540
Prepayments and accrued income 1,010,553 8,889
VAT 3,112 -
1,014,339 9,429
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,552 3,169
VAT - 3,937
Accruals and deferred income 62,423 1,100
65,975 8,206
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 2,000,000 2,500,000
Page 4