Registered No. OC441146 (England and Wales)
SUNNY QP PROPERTY LLP
Unaudited accounts
for the period from 1 March 2023 to 31 March 2024
SUNNY QP PROPERTY LLP
LLP Information
for the period from 1 March 2023 to 31 March 2024
Designated members
Miss Annie Quan Pan
Registered Number
OC441146 (England and Wales)
SUNNY QP PROPERTY LLP
Statement of financial position
as at 31 March 2024
Tangible assets
37,970
37,970
Investment property
1,363,120
1,363,120
Cash at bank and in hand
30,779
9,513
Creditors: amounts falling due within one year
(70,877)
(23,538)
Net current liabilities
(40,098)
(14,025)
Total assets less current liabilities
1,360,992
1,387,065
Creditors: amounts falling due after more than one year
(900,684)
(860,735)
Net assets attributable to members
460,308
526,330
Members' capital classified as equity
412,829
503,926
Other reserves
47,479
22,404
Members' other interests
460,308
526,330
For the period ending 31 March 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 22 March 2025.
Miss Annie Quan Pan
Designated member
Limited Liability Partnership Registration No. OC441146
SUNNY QP PROPERTY LLP
Notes to the Accounts
for the period from 1 March 2023 to 31 March 2024
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.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
No Deperciation
SUNNY QP PROPERTY LLP is a limited liability partnership, incorporated in England and Wales, registration number OC441146.
3
Tangible fixed assets
Fixtures & fittings
At 28 February 2023
37,970
Fair value at 1 March 2023
1,363,120
At 31 March 2024
1,363,120
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
18,000
18,000
Amounts owed to group undertakings and other participating interests
35,964
-
Other creditors
14,500
4,025
SUNNY QP PROPERTY LLP
Notes to the Accounts
for the period from 1 March 2023 to 31 March 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
900,684
860,735
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
8
Average number of employees
During the period the average number of employees was 0 (2023: 0).