THADMOR RENTALS LLP |
Registered number: |
OC447643 |
Balance Sheet |
as at 30 June 2024 |
Notes |
|
2024 |
|
£ |
|
Fixed assets |
Tangible assets |
3 |
|
226,349 |
|
Creditors: amounts falling due within one year |
4 |
|
(300) |
|
Net current liabilities |
|
|
(300) |
|
|
|
|
|
|
Total assets less current liabilities |
|
|
226,049 |
|
Creditors: amounts falling due after more than one year |
5 |
|
(191,523) |
|
|
Net assets attributable to members |
34,526 |
|
|
|
|
|
|
Represented by: |
Loans and other debts due to members |
6 |
|
41,920 |
|
|
|
|
|
|
Members' other interests |
Other reserves |
|
|
(7,394) |
|
|
|
|
|
|
|
|
34,526 |
|
|
|
|
|
|
Total members' interests |
Loans and other debts due to members |
6 |
|
41,920 |
Members' other interests |
|
|
(7,394) |
|
|
|
|
34,526 |
|
|
|
|
|
|
For the period ended 30 June 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to 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. |
The 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. |
|
These accounts were approved by the members on 1 March 2025 and signed on their behalf by: |
|
|
C M Fitzgerald |
Designated member |
|
THADMOR RENTALS LLP |
Notes to the Accounts |
for the period from 6 June 2023 to 30 June 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. |
|
|
Division of profits |
|
Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold buildings |
over 50 years |
|
Leasehold land and buildings |
over the lease term |
|
Plant and machinery |
25% Reducing Balance |
|
Fixtures, fittings, tools and equipment |
25% Reducing Balance |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Members' capital |
|
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional. |
|
|
2 |
Employees |
2024 |
|
Number |
|
|
|
Average number of persons employed by the LLP |
0 |
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
£ |
|
Cost |
|
Additions |
226,349 |
|
At 30 June 2024 |
226,349 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 30 June 2024 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2024 |
226,349 |
|
|
4 |
Creditors: amounts falling due within one year |
2024 |
|
£ |
|
|
|
Accruals |
300 |
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due after one year |
2024 |
|
£ |
|
|
|
Bank loans |
191,523 |
|
|
|
|
|
|
|
|
|
6 |
Loans and other debts due to members |
2024 |
|
£ |
|
|
|
Loans from members |
41,920 |
|
|
|
|
|
|
|
|
|
Amounts falling due within one year |
41,920 |
|
|
|
|
|
|
|
|
|
Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up. |
|
|
7 |
Other information |
|
|
THADMOR RENTALS LLP is a limited liability partnership incorporated in England. Its registered office is: |
|
Raydean House |
|
15 Western Parade |
|
Barnet |
|
Herts |
|
EN5 1AH |