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REGISTERED NUMBER: OC432914 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MARCH 2024

FOR

AIDA ESTATES LLP

AIDA ESTATES LLP (REGISTERED NUMBER: OC432914)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2024










Page

General Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


AIDA ESTATES LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 30 MARCH 2024







DESIGNATED MEMBERS: Mr I Iordanov
Mrs A A Iordanova
Y Property Solutions Ltd





REGISTERED OFFICE: Unit 2.02 High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: OC432914 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02 High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

AIDA ESTATES LLP (REGISTERED NUMBER: OC432914)

STATEMENT OF FINANCIAL POSITION
30 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 1,038 1,384
Investment property 4 2,543,056 2,543,056
2,544,094 2,544,440

CURRENT ASSETS
Cash at bank 56,389 53,222

CREDITORS
Amounts falling due within one year 5 18,851 1,583
NET CURRENT ASSETS 37,538 51,639
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

2,581,632

2,596,079

LOANS AND OTHER DEBTS DUE TO
MEMBERS

6

38,576

53,023

MEMBERS' OTHER INTERESTS
Capital accounts 2,543,056 2,543,056
2,581,632 2,596,079

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 38,576 53,023
Members' other interests 2,543,056 2,543,056
2,581,632 2,596,079

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 30 March 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.

AIDA ESTATES LLP (REGISTERED NUMBER: OC432914)

STATEMENT OF FINANCIAL POSITION - continued
30 MARCH 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 29 January 2025 and were signed by:





Mr I Iordanov - Designated member

AIDA ESTATES LLP (REGISTERED NUMBER: OC432914)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2024


1. 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.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

2. EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2023 - 3 ) .

3. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
Cost
At 31 March 2023
and 30 March 2024 1,846
Depreciation
At 31 March 2023 462
Charge for year 346
At 30 March 2024 808
Net book value
At 30 March 2024 1,038
At 30 March 2023 1,384

4. INVESTMENT PROPERTY
Total
£   
Fair value
At 31 March 2023
and 30 March 2024 2,543,056
Net book value
At 30 March 2024 2,543,056
At 30 March 2023 2,543,056

AIDA ESTATES LLP (REGISTERED NUMBER: OC432914)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 MARCH 2024


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 562 562
Accruals and deferred income 18,289 1,021
18,851 1,583

6. LOANS AND OTHER DEBTS DUE TO MEMBERS
2024 2023
£    £   
Amounts owed to members in respect of profits 38,576 53,023

Falling due within one year 38,576 53,023

This is not loan to members, this is the current accounts of designated partners.