Registered No. OC416901 (England and Wales)
MARK A WOOD PROPERTIES LLP
Unaudited accounts
for the year ended 31 March 2024
MARK A WOOD PROPERTIES LLP
LLP Information
for the year ended 31 March 2024
Designated members
Mrs Samira AKBERALI
Registered Number
OC416901 (England and Wales)
Registered Office
Suite 153, Milton Keynes Business Centre
Foxhunter Drive
Milton Keynes
Buckinghamshire
MK14 6GD
UNITED KINGDOM
Accountants
Arth Limited
655 Milton Keynes Business Centre
Foxhunter Drive
Milton Keynes
Buckinghamshire
MK14 6GD
MARK A WOOD PROPERTIES LLP
Statement of financial position
as at 31 March 2024
Tangible assets
10,725
12,870
Investment property
1,440,000
1,440,000
Cash at bank and in hand
1,235
4,485
Creditors: amounts falling due within one year
(74,091)
(44,542)
Net current liabilities
(72,856)
(40,057)
Total assets less current liabilities
1,377,869
1,412,813
Creditors: amounts falling due after more than one year
(859,415)
(859,415)
Net assets attributable to members
518,454
553,398
Members' capital classified as equity
522,340
543,317
Other reserves
(3,886)
10,081
Members' other interests
518,454
553,398
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 18 December 2024.
Mr Mark WOOD
Designated member
Limited Liability Partnership Registration No. OC416901
MARK A WOOD PROPERTIES LLP
Notes to the Accounts
for the year ended 31 March 2024
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.
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:
Motor vehicles
10% RB Basis
MARK A WOOD PROPERTIES LLP is a limited liability partnership, incorporated in England and Wales, registration number OC416901. Its registered office is Suite 153, Milton Keynes Business Centre, Foxhunter Drive, Milton Keynes, Buckinghamshire, MK14 6GD, UNITED KINGDOM.
3
Tangible fixed assets
Motor vehicles
Fair value at 1 April 2023
1,440,000
At 31 March 2024
1,440,000
5
Creditors: amounts falling due within one year
2024
2023
Other creditors
43,970
43,670
MARK A WOOD PROPERTIES LLP
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
859,415
859,415
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).