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REGISTERED NUMBER: OC381774 (England and Wales)
















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: A Garrad
P Garrad





REGISTERED OFFICE: 2 Lakeview Stables
Lower St Clere
Kemsing
Kent
TN15 6NL





REGISTERED NUMBER: OC381774 (England and Wales)





ACCOUNTANTS: Lakeview Southern Limited
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 - 852,712

CURRENT ASSETS
Debtors 5 880 -
Cash at bank 20,472 209,190
21,352 209,190
CREDITORS
Amounts falling due within one year 6 2,892 1,908
NET CURRENT ASSETS 18,460 207,282
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 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 period ended 31 October 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.

OTTILIE LLP (REGISTERED NUMBER: OC381774)

BALANCE SHEET - continued
31 OCTOBER 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 20 January 2025 and were signed by:





A Garrad - Designated member

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
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 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 2 (2024 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
COST
At 6 April 2024 852,712
Disposals (852,712 )
At 31 October 2024 -
NET BOOK VALUE
At 31 October 2024 -
At 5 April 2024 852,712

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 880 -

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 2,892 1,908

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'.