Acorah Software Products - Accounts Production 16.1.200 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 OC319926 Mr Andrew Wilson Mr Nigel Budden iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC319926 2023-05-31 OC319926 2024-05-31 OC319926 2023-06-01 2024-05-31 OC319926 frs-core:CurrentFinancialInstruments 2024-05-31 OC319926 frs-core:Non-currentFinancialInstruments 2024-05-31 OC319926 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 OC319926 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 OC319926 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-31 OC319926 frs-bus:LimitedLiabilityPartnershipLLP 2023-06-01 2024-05-31 OC319926 frs-bus:LimitedLiabilityPartnershipsSORP 2023-06-01 2024-05-31 OC319926 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 OC319926 frs-bus:SmallEntities 2023-06-01 2024-05-31 OC319926 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 OC319926 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 OC319926 frs-countries:EnglandWales 2023-06-01 2024-05-31 OC319926 frs-bus:PartnerLLP1 2023-06-01 2024-05-31 OC319926 frs-bus:PartnerLLP2 2023-06-01 2024-05-31 OC319926 2022-05-31 OC319926 2023-05-31 OC319926 2022-06-01 2023-05-31 OC319926 frs-core:CurrentFinancialInstruments 2023-05-31 OC319926 frs-core:Non-currentFinancialInstruments 2023-05-31
Registered number: OC319926
Chapel Property Investments LLP
Unaudited Financial Statements
For The Year Ended 31 May 2024
Pure Cloud Accounting Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC319926
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,137,340 1,137,340
1,137,340 1,137,340
CURRENT ASSETS
Debtors 5 - 504
Cash at bank and in hand 18,155 22,112
18,155 22,616
Creditors: Amounts Falling Due Within One Year 6 (56,100 ) (53,674 )
NET CURRENT ASSETS (LIABILITIES) (37,945 ) (31,058 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,099,395 1,106,282
Creditors: Amounts Falling Due After More Than One Year 7 (219,450 ) (234,944 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 879,945 871,338
REPRESENTED BY:
Equity
Members' other interests
Members' capital 879,945 871,338
879,945 871,338
TOTAL MEMBERS' INTEREST
Members' other interests 879,945 871,338
879,945 871,338
Page 1
Page 2
For the year ending 31 May 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
Mr Andrew Wilson
Designated Member
10 January 2025
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
Chapel Property Investments LLP is a limited liability partnership, incorporated in England & Wales, registered number OC319926 . The Registered Office is Saxon House, John Roberts Business Park, Pean Hill, Whitstable, Kent, CT5 3BJ.
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. 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 No depreciation
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 June 2023 1,137,340
As at 31 May 2024 1,137,340
Net Book Value
As at 31 May 2024 1,137,340
As at 1 June 2023 1,137,340
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income - 504
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 16,914 13,884
VAT 4,483 5,213
Other creditors 32,413 32,414
Accruals and deferred income 2,290 2,163
56,100 53,674
Page 3
Page 4
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 219,450 234,944
Page 4