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REGISTERED NUMBER: OC427646 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

MAPLEBAN LLP

MAPLEBAN LLP (REGISTERED NUMBER: OC427646)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MAPLEBAN LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DESIGNATED MEMBERS: Ms Saeema Anwar Butt
Mr Tuzarat Hussain Khaliq





REGISTERED OFFICE: 45 Church Road
Edgbaston
Birmingham
West Midlands
B15 3ST





REGISTERED NUMBER: OC427646 (England and Wales)





ACCOUNTANTS: Ark&Co Ltd
Chartered Accountants & Chartered Tax Advisers
The Maltings
2 Anderson Rd
Bearwood
Birmingham
West Midlands
B66 4AR

MAPLEBAN LLP (REGISTERED NUMBER: OC427646)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 2,292,086 2,292,086

CURRENT ASSETS
Debtors 5 17,815 4,429
Cash at bank and in hand 10,184 6,454
27,999 10,883
CREDITORS
Amounts falling due within one year 6 2,127 78,864
NET CURRENT ASSETS/(LIABILITIES) 25,872 (67,981 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,317,958

2,224,105

CREDITORS
Amounts falling due after more than one
year

7

1,320,487

1,319,035
NET ASSETS ATTRIBUTABLE TO
MEMBERS

997,471

905,070

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

997,471

905,070

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 997,471 905,070
Amounts due from members 5 - (4,429 )
997,471 900,641

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 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.

MAPLEBAN LLP (REGISTERED NUMBER: OC427646)

BALANCE SHEET - continued
31 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 21 October 2024 and were signed by:





Mr Tuzarat Hussain Khaliq - Designated member

MAPLEBAN LLP (REGISTERED NUMBER: OC427646)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Mapleban 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.

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.

3. EMPLOYEE INFORMATION

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 2,292,086
NET BOOK VALUE
At 31 March 2024 2,292,086
At 31 March 2023 2,292,086

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Amounts due from members - 4,429
Other debtors 17,815 -
17,815 4,429

MAPLEBAN LLP (REGISTERED NUMBER: OC427646)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 1,480 53,885
Other Creditors - 19,679
Client Deposits (6,203 ) -
Accruals and deferred income 3,800 3,800
Accrued expenses 3,050 1,500
2,127 78,864

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bounce Back Loan 45,262 45,719
Mortgage 1,268,930 1,267,021
Client Deposits 6,295 6,295
1,320,487 1,319,035

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up.
There is no provision for specific legally enforceable protection afforded to creditors in such an event.
There are no restrictions or limitations on the ability of the members to reduce the amount of ‘Members’ other interests

9. RELATED PARTY DISCLOSURES

In year transactions total to £37,494 has been paid to Inter-company's leading to £17,815 owed to Mapleban LLP as at 31st March 2024.

In year transactions of £251 has been paid to Director's leading to a total amount of £901,635 still owed to Directors via Director's Loan Account as at 31st March 2024.