REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 4 APRIL 2023 TO 31 MARCH 2024 |
FOR |
GVHC BUILDING CO LLP |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 4 APRIL 2023 TO 31 MARCH 2024 |
FOR |
GVHC BUILDING CO LLP |
GVHC BUILDING CO LLP (REGISTERED NUMBER: OC446707) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 4 APRIL 2023 TO 31 MARCH 2024 |
Page |
General Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
GVHC BUILDING CO LLP |
GENERAL INFORMATION |
FOR THE PERIOD 4 APRIL 2023 TO 31 MARCH 2024 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Unit 2.02 High Weald House |
Glovers End |
Bexhill |
East Sussex |
TN39 5ES |
GVHC BUILDING CO LLP (REGISTERED NUMBER: OC446707) |
STATEMENT OF FINANCIAL POSITION |
31 MARCH 2024 |
Notes | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
6 |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
2,496,377 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
8 |
3,035 |
MEMBERS' OTHER INTERESTS |
Capital accounts | 2,493,342 |
2,496,377 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 8 | 3,035 |
Members' other interests | 2,493,342 |
Amounts due from members | (3,888 | ) |
2,492,489 |
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. |
GVHC BUILDING CO LLP (REGISTERED NUMBER: OC446707) |
STATEMENT OF FINANCIAL POSITION - continued |
31 MARCH 2024 |
The financial statements were approved by the members of the LLP and authorised for issue on |
GVHC BUILDING CO LLP (REGISTERED NUMBER: OC446707) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 4 APRIL 2023 TO 31 MARCH 2024 |
1. | STATUTORY INFORMATION |
GVHC Building Co 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 |
INVESTMENT PROPERTY |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
HIRE PURCHASE AND LEASING COMMITMENTS |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the period was NIL. |
4. | INVESTMENT PROPERTY |
Total |
£ |
Fair value |
Additions |
At 31 March 2024 |
Net book value |
At 31 March 2024 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other creditors |
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
£ |
Bank loans (see note 7) |
Amounts falling due in more than five years: |
Repayable by instalments |
Bank loans more 5 yr by instal | 2,136,658 |
GVHC BUILDING CO LLP (REGISTERED NUMBER: OC446707) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 4 APRIL 2023 TO 31 MARCH 2024 |
7. | LOANS |
An analysis of the maturity of loans is given below: |
£ |
Amounts falling due in more than five years: |
Repayable by instalments |
Bank loans more 5 yr by instal | 2,136,658 |
8. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
£ |
Amounts owed to members in respect of profits | 3,035 |
Falling due within one year | 3,035 |
This is not loan to members, this is the current accounts of designated partners. |