REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 4 APRIL 2023 TO 31 MARCH 2024 |
FOR |
AMERSHAM LAND INVESTMENTS LLP |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 4 APRIL 2023 TO 31 MARCH 2024 |
FOR |
AMERSHAM LAND INVESTMENTS LLP |
AMERSHAM LAND INVESTMENTS LLP (REGISTERED NUMBER: OC446717) |
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 |
AMERSHAM LAND INVESTMENTS 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 |
AMERSHAM LAND INVESTMENTS LLP (REGISTERED NUMBER: OC446717) |
STATEMENT OF FINANCIAL POSITION |
31 MARCH 2024 |
Notes | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
5,388,500 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
- |
MEMBERS' OTHER INTERESTS |
Capital accounts | 5,502,820 |
Other reserves | 6 | ( |
) |
5,388,500 |
TOTAL MEMBERS' INTERESTS |
Members' other interests | 5,388,500 |
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. |
AMERSHAM LAND INVESTMENTS LLP (REGISTERED NUMBER: OC446717) |
STATEMENT OF FINANCIAL POSITION - continued |
31 MARCH 2024 |
The financial statements were approved by the members of the LLP and authorised for issue on |
AMERSHAM LAND INVESTMENTS LLP (REGISTERED NUMBER: OC446717) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 4 APRIL 2023 TO 31 MARCH 2024 |
1. | STATUTORY INFORMATION |
Amersham Land Investments LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
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. |
SIGNIFICANT JUDGEMENTS AND ESTIMATES |
In preparing the financial statements, the members are required to make estimates and judgements about the carrying amounts of assets and liabilities. The estimates and assumptions are reviewed on an ongoing basis and are based on historical experience and other factors that are considered by the members to be relevant. Revision to accounting estimates are recognised in the period in which the estimate is revised. |
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. |
FINANCIAL INSTRUMENTS |
The LLP only has financial assets and financial liabilities of a kind that qualifies as basic financial instruments like trade and other accounts receivable and payable, loans from banks and other third parties. |
Financial assets that are measured at cost and amortized cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognized in profit or loss. |
For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract. |
For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date. |
Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognized amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. |
AMERSHAM LAND INVESTMENTS LLP (REGISTERED NUMBER: OC446717) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 4 APRIL 2023 TO 31 MARCH 2024 |
2. | ACCOUNTING POLICIES - continued |
GOING CONCERN |
The financial statements have been prepared on the going concern basis on the assumption that the Company's director will continue to support the Company by providing adequate facilities to enable the company to meet it financial obligations as they fall due for a period of at least twelve months from the date on which these financial statements are signed. |
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 |
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. |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other creditors |
6. | RESERVES |
Other |
reserves |
£ |
Undivided profit | (114,320 | ) |
At 31 March 2024 | ( |
) |