11 July 2023 false No description of principal activity Taxfiler 2024.6 OC448142business:LimitedLiabilityPartnershipLLP2023-07-112024-07-31 OC4481422023-07-10 OC4481422023-07-112024-07-31 OC448142business:AuditExemptWithAccountantsReport2023-07-112024-07-31 OC448142business:FullAccounts2023-07-112024-07-31 OC4481422024-07-31 OC448142core:WithinOneYear2024-07-31 OC448142core:RetainedEarningsAccumulatedLosses2024-07-31 OC448142business:SmallEntities2023-07-112024-07-31 OC448142business:PartnerLLP22023-07-112024-07-31 OC448142countries:EnglandWales2023-07-112024-07-31 OC448142business:RegisteredOffice2023-07-112024-07-31 iso4217:GBP xbrli:pure
Registered No. OC448142 (England and Wales)
Has Real Estate Investments LLP Unaudited accounts for the period from 11 July 2023 to 31 July 2024
Has Real Estate Investments LLP Statement of financial position as at 31 July 2024
2024 
Notes
£ 
Creditors: amounts falling due within one year
(5,400)
Net current liabilities
(5,400)
Net liabilities attributable to members
(5,400)
Represented by:
Loans and other debts due to members
560 
Members' other interests
Other reserves
(5,960)
(5,400)
Total members' interests
Loans and other debts due to members
560 
Members' other interests
(5,960)
(5,400)
For the period ending 31 July 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 18 March 2025.
Ali Has Designated member Limited Liability Partnership Registration No. OC448142
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Has Real Estate Investments LLP Notes to the Accounts for the period from 11 July 2023 to 31 July 2024
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Members' remuneration
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense. Members are expected to subscribe a minimum amount of capital and may be invited to contribute more. On retirement, all capital is repaid to the member concerned. Members' shares in the profit or loss for the year available for discretionary division among the members are accounted for as an allocation of that balance. Allocated balances are split between the members with any unallocated balances being included within 'Other reserves'. Members are permitted to make drawings in anticipation of that allocation, subject to the agreement of the other members.
Members' capital
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.
Taxation
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
2
Statutory information
Has Real Estate Investments LLP is a limited liability partnership, incorporated in England and Wales, registration number OC448142. Its registered office is Flat 12, 11 Ashwin Street, London, E8 3DL, United Kingdom.
3
Creditors: amounts falling due within one year
2024 
£ 
Accruals
5,400 
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Has Real Estate Investments LLP Notes to the Accounts for the period from 11 July 2023 to 31 July 2024
4
Loans and other debts due to members
2024 
£ 
Loans from members
560 
Amounts falling due within one year
560 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
5
Average number of employees
During the period the average number of employees was 0.
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