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REGISTERED NUMBER: OC423119 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Players Properties LLP

Players Properties LLP (Registered number: OC423119)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Players Properties LLP

General Information
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: R T Player
Mrs K L Player
S I Property Maintenance Limited





REGISTERED OFFICE: 1, Lodge Close
Great Barton
Bury St Edmunds
IP31 2SL





REGISTERED NUMBER: OC423119 (England and Wales)





ACCOUNTANTS: BFN Accounts & Tax Limited
Hillcrest
22 Church Street
Blakesley
Towcester
Northamptonshire
NN12 8RA

Players Properties LLP (Registered number: OC423119)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 29,440
Investment property 5 - 5,312,500
- 5,341,940

CURRENT ASSETS
Debtors 6 8,749 18,353
Cash at bank 722 1
9,471 18,354
CREDITORS
Amounts falling due within one year 7 4,567 45,888
NET CURRENT ASSETS/(LIABILITIES) 4,904 (27,534 )
TOTAL ASSETS LESS CURRENT LIABILITIES 4,904 5,314,406

CREDITORS
Amounts falling due after more than one year 8 - 4,088,463
NET ASSETS ATTRIBUTABLE TO MEMBERS 4,904 1,225,943

LOANS AND OTHER DEBTS DUE TO MEMBERS 9 4,904 1,225,943

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 9 4,904 1,225,943
Amounts due from members 6 (8,749 ) -
(3,845 ) 1,225,943

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 year ended 31 March 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.

Players Properties LLP (Registered number: OC423119)

Balance Sheet - continued
31 March 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 24 February 2025 and were signed by:





R T Player - Designated member

Players Properties LLP (Registered number: OC423119)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Players Properties 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 30,720
Disposals (30,720 )
At 31 March 2024 -
DEPRECIATION
At 1 April 2023 1,280
Charge for year 7,360
Eliminated on disposal (8,640 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 29,440

Players Properties LLP (Registered number: OC423119)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 5,312,500
Disposals (5,312,500 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 5,312,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors - 10,722
Other debtors 8,749 7,631
8,749 18,353

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 823 18,373
Trade creditors - 1,583
Other creditors 3,744 25,932
4,567 45,888

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans - 4,046,003
Hire purchase contracts - 24,710
Other creditors - 17,750
- 4,088,463

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 71,408
Mortgage - 3,938,173
- 4,009,581

9. LOANS AND OTHER DEBTS DUE TO MEMBERS

This is a small LLP and we wish to take options and exemptions from disclosure requirements.