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REGISTERED NUMBER: OC450840 (England and Wales)















Report of the Members and

Unaudited Financial Statements

for the Period 30 January 2024 to 31 October 2024

for

In Property Land and New Homes LLP

In Property Land and New Homes LLP (Registered number: OC450840)






Contents of the Financial Statements
for the Period 30 January 2024 to 31 October 2024




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


In Property Land and New Homes LLP

General Information
for the Period 30 January 2024 to 31 October 2024







DESIGNATED MEMBERS: In Property Ltd
Spicer Clarke Land Limited





REGISTERED OFFICE: 1 Sopwith Crescent
Wickford
Essex
SS11 8YU





REGISTERED NUMBER: OC450840 (England and Wales)





ACCOUNTANTS: Sygma Chartered Accountants
1 Sopwith Crescent
Wickford
Essex
SS11 8YU

In Property Land and New Homes LLP (Registered number: OC450840)

Report of the Members
for the Period 30 January 2024 to 31 October 2024

The members present their report with the financial statements of the LLP for the period 30 January 2024 to 31 October 2024.

INCORPORATION
The LLP was incorporated on 30 January 2024 and commenced trading on the same date.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the period under review was that of

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

In Property Ltd
Spicer Clarke Land Limited

RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS
The profit for the period before members' remuneration and profit shares was £2,514.

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





In Property Ltd - Designated member


20 December 2024

In Property Land and New Homes LLP (Registered number: OC450840)

Income Statement
for the Period 30 January 2024 to 31 October 2024

£   

TURNOVER 5,000

Administrative expenses 2,486
OPERATING PROFIT and
PROFIT FOR THE FINANCIAL
PERIOD BEFORE MEMBERS'
REMUNERATION AND PROFIT
SHARES AVAILABLE FOR
DISCRETIONARY DIVISION
AMONG MEMBERS





2,514

In Property Land and New Homes LLP (Registered number: OC450840)

Balance Sheet
31 October 2024

Notes £   
CURRENT ASSETS
Debtors 3,594

CREDITORS
Amounts falling due within one year 4 1,080
NET CURRENT ASSETS 2,514
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

2,514

LOANS AND OTHER DEBTS DUE
TO MEMBERS

2,514

TOTAL MEMBERS' INTERESTS
Loans and other debts due to
members

2,514
Amounts due from members (3,594 )
(1,080 )

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 period ended 31 October 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.

In Property Land and New Homes LLP (Registered number: OC450840)

Balance Sheet - continued
31 October 2024


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

The financial statements were approved by the members of the LLP and authorised for issue on 20 December 2024 and were signed by:




In Property Ltd - Designated member




Spicer Clarke Land Limited - Designated member


In Property Land and New Homes LLP (Registered number: OC450840)

Notes to the Financial Statements
for the Period 30 January 2024 to 31 October 2024

1. STATUTORY INFORMATION

In Property Land and New Homes 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
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. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

3. EMPLOYEE INFORMATION

The average number of employees during the period was 2 .

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 1,080