Acorah Software Products - Accounts Production 16.1.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 OC430303 Mr Daniel Ishack Ms Bettina Bacall Ishack Mr Aidan Isaak Mrs Morine Isaak Mr Joshua Damien Ishack iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC430303 2023-03-31 OC430303 2024-03-31 OC430303 2023-04-01 2024-03-31 OC430303 frs-core:CurrentFinancialInstruments 2024-03-31 OC430303 frs-core:Non-currentFinancialInstruments 2024-03-31 OC430303 frs-core:FurnitureFittings 2024-03-31 OC430303 frs-core:FurnitureFittings 2023-04-01 2024-03-31 OC430303 frs-core:FurnitureFittings 2023-03-31 OC430303 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC430303 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC430303 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC430303 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC430303 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC430303 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC430303 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC430303 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC430303 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC430303 frs-bus:PartnerLLP3 2023-04-01 2024-03-31 OC430303 frs-bus:PartnerLLP4 2023-04-01 2024-03-31 OC430303 frs-bus:PartnerLLP5 2023-04-01 2024-03-31 OC430303 2022-03-31 OC430303 2023-03-31 OC430303 2022-04-01 2023-03-31 OC430303 frs-core:CurrentFinancialInstruments 2023-03-31 OC430303 frs-core:Non-currentFinancialInstruments 2023-03-31
Registered number: OC430303
DI Properties And Investments LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
Augustus & Co
Chartered Certified Accountants
374 Ley Street
Ilford
Essex
IG1 4AE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC430303
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,331 4,442
Investment Properties 5 10,420,000 10,420,000
10,423,331 10,424,442
CURRENT ASSETS
Debtors 6 - 206
Cash at bank and in hand 4,212 8,544
4,212 8,750
Creditors: Amounts Falling Due Within One Year 7 (395,805 ) (327,714 )
NET CURRENT ASSETS (LIABILITIES) (391,593 ) (318,964 )
TOTAL ASSETS LESS CURRENT LIABILITIES 10,031,738 10,105,478
Creditors: Amounts Falling Due After More Than One Year 8 (4,030,800 ) (4,024,666 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 6,000,938 6,080,812
REPRESENTED BY:
Equity
Members' other interests
Members' capital 5,817,297 5,909,660
Other reserves 183,641 171,152
6,000,938 6,080,812
TOTAL MEMBERS' INTEREST
Members' other interests 6,000,938 6,080,812
6,000,938 6,080,812
Page 1
Page 2
For the year ending 31 March 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 Daniel Ishack
Designated Member
17 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
DI Properties And Investments LLP is a limited liability partnership, incorporated in England & Wales, registered number OC430303 . The Registered Office is 5 Hamblyn Court, 5 Amhurst Park, London, N16 5LU.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. 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:
Fixtures & Fittings 20% straight line
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 5 (2023: 5)
5 5
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 April 2023 5,552
As at 31 March 2024 5,552
Depreciation
As at 1 April 2023 1,110
Provided during the period 1,111
As at 31 March 2024 2,221
Net Book Value
As at 31 March 2024 3,331
As at 1 April 2023 4,442
Page 3
Page 4
5. Investment Property
2024
£
Fair Value
As at 1 April 2023 and 31 March 2024 10,420,000
6. Debtors
2024 2023
£ £
Due within one year
Other debtors - 206
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,734 -
Bank loans and overdrafts 222,412 234,546
Other taxes and social security 34 34
Other creditors 163,625 87,134
Accruals and deferred income 6,000 6,000
395,805 327,714
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 4,030,800 4,024,666
Page 4