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REGISTERED NUMBER: OC437504 (England and Wales)















Kosmaczewski Family Property Group LLP

Report of the Members and

Unaudited Financial Statements

For The Year Ended 5th April 2024






Kosmaczewski Family Property Group LLP (Registered number: OC437504)






Contents of the Financial Statements
For The Year Ended 5th April 2024




Page

General Information 1

Report of the Members 2

Balance Sheet 3

Notes to the Financial Statements 4 to 5


Kosmaczewski Family Property Group LLP

General Information
For The Year Ended 5th April 2024







DESIGNATED MEMBERS: K J Kosmaczewski
Mrs H E Kosmaczewska
S T Kosmaczewski
A A Kosmaczewski
D J Kosmaczewski





REGISTERED OFFICE: 310 Wellingborough Road
Northampton
Northamptonshire
NN1 4EP





BUSINESS ADDRESS: 1 The Nook
Great Glen
Leicestershire
LE8 9GQ





REGISTERED NUMBER: OC437504 (England and Wales)





ACCOUNTANTS: Cheney & Co
310 Wellingborough Road
Northampton
NN1 4EP

Kosmaczewski Family Property Group LLP (Registered number: OC437504)

Report of the Members
For The Year Ended 5th April 2024

The members present their report with the financial statements of the LLP for the year ended 5th April 2024.

DESIGNATED MEMBERS
The designated members during the year under review were:

K J Kosmaczewski
Mrs H E Kosmaczewska
S T Kosmaczewski
A A Kosmaczewski
D J Kosmaczewski

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £7,947 (2023 - £1,801 profit).

MEMBERS' INTERESTS

STATEMENT OF MEMBERS' RESPONSIBILITIES
The members are responsible for preparing the Report of the Members and the financial statements in accordance with applicable law and regulations.

Legislation applicable to limited liability partnerships requires the members to prepare financial statements for each financial year. Under that law the members have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under legislation applicable to limited liability partnerships the members must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the LLP and of the profit or loss of the LLP for that period. In preparing these financial statements, the members are required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the LLP will continue in business.

The members are responsible for keeping adequate accounting records that are sufficient to show and explain the LLP's transactions and disclose with reasonable accuracy at any time the financial position of the LLP and enable them to ensure that the financial statements comply with the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. They are also responsible for safeguarding the assets of the LLP and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

ON BEHALF OF THE MEMBERS:





K J Kosmaczewski - Designated member


5th December 2024

Kosmaczewski Family Property Group LLP (Registered number: OC437504)

Balance Sheet
5th April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 266,468 266,468

CURRENT ASSETS
Debtors 6 25,000 25,000
Cash at bank 10,189 2,110
35,189 27,110
CREDITORS
Amounts falling due within one year 7 852 720
NET CURRENT ASSETS 34,337 26,390
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

300,805

292,858

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

300,805

292,858

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 300,805 292,858

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 5th April 2024.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 5th December 2024 and were signed by:




K J Kosmaczewski - Designated member




Mrs H E Kosmaczewska - Designated member


Kosmaczewski Family Property Group LLP (Registered number: OC437504)

Notes to the Financial Statements
For The Year Ended 5th April 2024

1. STATUTORY INFORMATION

Kosmaczewski Family Property Group LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


The principal activity of the company in the year under review was that of buying and selling property and holding property for investments.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistency applied to all years presented unless otherwise stated.

4. EMPLOYEE INFORMATION

The average number of employees during the year was 5 (2023 - 5 ) .

5. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 6th April 2023
and 5th April 2024 266,468
NET BOOK VALUE
At 5th April 2024 266,468
At 5th April 2023 266,468

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 25,000 25,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 852 720

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

The capital (whether classified as a liability or equity) of an LLP may be reduced by agreement of the members either by repayment or by the conversion of equity capital into liability capital or other debt. In the absence of agreement to the contrary, unsecured debt due to members will rank equally with debts due to other unsecured creditors in a winding up.

9. CONTINGENT LIABILITIES

There were no contingent liabilities at 5th April 2024 or 5th April 2023.

Kosmaczewski Family Property Group LLP (Registered number: OC437504)

Notes to the Financial Statements - continued
For The Year Ended 5th April 2024

10. CAPITAL COMMITMENTS

There were no capital commitments at 5th April 2024 or 5th April 2023.