REGISTERED NUMBER: |
Financial Statements For The Period 1 December 2022 to 31 March 2024 |
for |
Drumalbyn Properties LLP |
REGISTERED NUMBER: |
Financial Statements For The Period 1 December 2022 to 31 March 2024 |
for |
Drumalbyn Properties LLP |
Drumalbyn Properties LLP (Registered number: SO303661) |
Contents of the Financial Statements |
For The Period 1 December 2022 to 31 March 2024 |
Page |
General Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
Drumalbyn Properties LLP |
General Information |
For The Period 1 December 2022 to 31 March 2024 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Regent Court |
70 West Regent Street |
Glasgow |
G2 2QZ |
Drumalbyn Properties LLP (Registered number: SO303661) |
Statement of Financial Position |
31 March 2024 |
2024 | 2022 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
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 |
3,011 |
35,528 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
8 |
3,011 |
35,528 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 8 | 3,011 | 35,528 |
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. |
Drumalbyn Properties LLP (Registered number: SO303661) |
Statement of Financial Position - continued |
31 March 2024 |
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 Statement of Comprehensive Income has not been delivered. |
The financial statements were approved by the members of the LLP and authorised for issue on |
Drumalbyn Properties LLP (Registered number: SO303661) |
Notes to the Financial Statements |
For The Period 1 December 2022 to 31 March 2024 |
1. | STATUTORY INFORMATION |
Drumalbyn Properties LLP is registered in Scotland. 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 |
Turnover |
Turnover is measured as rent received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the period was NIL (2022 - NIL). |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2022 |
£ | £ |
Trade debtors |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2022 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Other creditors |
Accruals and deferred income |
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2024 | 2022 |
£ | £ |
Bank loans - 1-2 years |
Bank loans - 2-5 years |
Drumalbyn Properties LLP (Registered number: SO303661) |
Notes to the Financial Statements - continued |
For The Period 1 December 2022 to 31 March 2024 |
7. | SECURED DEBTS |
The following secured debts are included within creditors: |
2024 | 2022 |
£ | £ |
Bank loans |
The Royal Bank of Scotland plc hold a floating charge over the property and assets of the LLP. |
8. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
Loans and other debts due to members' would rank in equal weighting in relation to other creditors. |