REGISTERED NUMBER: |
OTTILIE LLP |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 6 APRIL 2024 TO 31 OCTOBER 2024 |
REGISTERED NUMBER: |
OTTILIE LLP |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 6 APRIL 2024 TO 31 OCTOBER 2024 |
OTTILIE LLP (REGISTERED NUMBER: OC381774) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 6 APRIL 2024 TO 31 OCTOBER 2024 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
OTTILIE LLP |
GENERAL INFORMATION |
FOR THE PERIOD 6 APRIL 2024 TO 31 OCTOBER 2024 |
DESIGNATED MEMBERS: |
P Garrad |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
2 Lakeview Stables |
Lower St. Clere |
Kemsing |
Sevenoaks |
Kent |
TN15 6NL |
OTTILIE LLP (REGISTERED NUMBER: OC381774) |
BALANCE SHEET |
31 OCTOBER 2024 |
31.10.24 | 5.4.24 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
18,460 |
1,059,994 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
7 |
18,460 |
1,059,994 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 7 | 18,460 | 1,059,994 |
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. |
OTTILIE LLP (REGISTERED NUMBER: OC381774) |
BALANCE SHEET - continued |
31 OCTOBER 2024 |
The financial statements were approved by the members of the LLP and authorised for issue on |
OTTILIE LLP (REGISTERED NUMBER: OC381774) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 6 APRIL 2024 TO 31 OCTOBER 2024 |
1. | STATUTORY INFORMATION |
Ottilie 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 |
Turnover |
Turnover is measured at the fair value of the rental income received or receivable,excluding discounts, rebates, value added tax and other sales taxes. |
Investment property |
Investment property is shown at historical cost. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the period was |
4. | INVESTMENT PROPERTY |
Total |
£ |
COST |
At 6 April 2024 |
Disposals | ( |
) |
At 31 October 2024 |
NET BOOK VALUE |
At 31 October 2024 |
At 5 April 2024 |
The investment property was held at historical cost. All properties were transferred to the members at cost on the cessation of the partnership. |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.10.24 | 5.4.24 |
£ | £ |
Trade debtors |
OTTILIE LLP (REGISTERED NUMBER: OC381774) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 6 APRIL 2024 TO 31 OCTOBER 2024 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.10.24 | 5.4.24 |
£ | £ |
Other creditors |
7. | 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'. |