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REGISTERED NUMBER: OC440819 (England and Wales)















Financial Statements

for the Year Ended 31 January 2024

for

Avenue Lodge LLP

Avenue Lodge LLP (Registered number: OC440819)

Contents of the Financial Statements
for the year ended 31 January 2024










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Avenue Lodge LLP

General Information
for the year ended 31 January 2024







DESIGNATED MEMBERS: Mr S Khan
Mr A Khan





REGISTERED OFFICE: 98-99 Western Road
Brighton
United Kingdom
BN1 2LB





REGISTERED NUMBER: OC440819 (England and Wales)





ACCOUNTANTS: KBMD Limited
Chartered Certified Accountants
Maple House
382 Kenton Road
Harrow
Middlesex
HA3 9DP

Avenue Lodge LLP (Registered number: OC440819)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £ £
FIXED ASSETS
Tangible assets 4 2,308,331 2,308,331

CREDITORS
Amounts falling due within one year 5 (2,952 ) (1,440 )
NET CURRENT LIABILITIES (2,952 ) (1,440 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,305,379

2,306,891

CREDITORS
Amounts falling due after more than one
year

6

(1,779,819

)

(1,779,819

)
NET ASSETS ATTRIBUTABLE TO
MEMBERS

525,560

527,072

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

525,560

527,072

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 525,560 527,072

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 31 January 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.

Avenue Lodge LLP (Registered number: OC440819)

Balance Sheet - continued
31 January 2024


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 22 January 2025 and were signed by:





Mr S Khan - Designated member

Avenue Lodge LLP (Registered number: OC440819)

Notes to the Financial Statements
for the year ended 31 January 2024


1. STATUTORY INFORMATION

Avenue Lodge 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3. EMPLOYEE INFORMATION

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

4. TANGIBLE FIXED ASSETS
Freehold
property
£
COST
At 1 February 2023
and 31 January 2024 2,308,331
NET BOOK VALUE
At 31 January 2024 2,308,331
At 31 January 2023 2,308,331

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£ £
Other creditors 2,952 1,440

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£ £
Bank loans 1,779,819 1,779,819

Avenue Lodge LLP (Registered number: OC440819)

Notes to the Financial Statements - continued
for the year ended 31 January 2024


7. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members' would rank after other creditors.