Acorah Software Products - Accounts Production 15.0.600 true true false 23 February 2023 29 February 2024 29 February 2024 OC445990 Mr Luke Butler Mr Noel Butler Ms Pamela Butler iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC445990 2023-02-22 OC445990 2024-02-29 OC445990 2023-02-23 2024-02-29 OC445990 frs-bus:LimitedLiabilityPartnershipLLP 2023-02-23 2024-02-29 OC445990 frs-bus:LimitedLiabilityPartnershipsSORP 2023-02-23 2024-02-29 OC445990 frs-bus:FilletedAccounts 2023-02-23 2024-02-29 OC445990 frs-bus:SmallEntities 2023-02-23 2024-02-29 OC445990 frs-bus:EntityHasNeverTraded 2023-02-23 2024-02-29 OC445990 frs-bus:AuditExempt-NoAccountantsReport 2023-02-23 2024-02-29 OC445990 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-23 2024-02-29 OC445990 frs-countries:EnglandWales 2023-02-23 2024-02-29 OC445990 frs-bus:PartnerLLP1 2023-02-23 2024-02-29 OC445990 frs-bus:PartnerLLP2 2023-02-23 2024-02-29 OC445990 frs-bus:PartnerLLP3 2023-02-23 2024-02-29
Registered number: OC445990
Pasture Croft LLP
Unaudited Financial Statements
For The Year Ended 29 February 2024
Sempar Accountancy and Tax Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: OC445990
2024
Notes £ £
FIXED ASSETS
Investment Properties 4 750,000
750,000
TOTAL ASSETS LESS CURRENT LIABILITIES 750,000
NET ASSETS ATTRIBUTABLE TO MEMBERS 750,000
REPRESENTED BY:
Equity
Members' other interests
Members' capital 750,000
750,000
TOTAL MEMBERS' INTEREST
Members' other interests 750,000
750,000
For the year ending 29 February 2024 the LLP was entitled to exemption from audit under section 480 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008) relating to dormant LLPs.
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 Luke Butler
Designated Member
Mr Noel Butler
Designated Member
Ms Pamela Butler
Designated Member
21 February 2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Pasture Croft LLP is a limited liability partnership, incorporated in England & Wales, registered number OC445990 . The Registered Office is C/O Sempar Accountancy and Tax Limited, Office 2. 023 Innovation Centre 7, Keele University, Staffordshire, ST5 5NU.
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. 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: 3
3
4. Investment Property
2024
£
Fair Value
As at 23 February 2023 -
Additions 750,000
As at 29 February 2024 750,000
Page 2