REGISTERED NUMBER: |
P B PROPERTY INVESTMENTS LLP |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 28 AUGUST 2023 TO 31 MARCH 2024 |
REGISTERED NUMBER: |
P B PROPERTY INVESTMENTS LLP |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 28 AUGUST 2023 TO 31 MARCH 2024 |
P B PROPERTY INVESTMENTS LLP (REGISTERED NUMBER: OC356861) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 28 AUGUST 2023 TO 31 MARCH 2024 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
P B PROPERTY INVESTMENTS LLP |
GENERAL INFORMATION |
FOR THE PERIOD 28 AUGUST 2023 TO 31 MARCH 2024 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Clarke Nicklin House |
Brooks Drive |
Cheadle Royal Business Park |
Cheadle |
Cheshire |
SK8 3TD |
P B PROPERTY INVESTMENTS LLP (REGISTERED NUMBER: OC356861) |
BALANCE SHEET |
31 MARCH 2024 |
2024 | 2023 |
Notes | £ | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
166,600 |
165,642 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
7 |
112,203 |
111,245 |
MEMBERS' OTHER INTERESTS |
Capital accounts | 50 | 50 |
Revaluation reserve | 8 |
166,600 | 165,642 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 7 | 112,203 | 111,245 |
Members' other interests | 54,397 | 54,397 |
166,600 | 165,642 |
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. |
P B PROPERTY INVESTMENTS LLP (REGISTERED NUMBER: OC356861) |
BALANCE SHEET - continued |
31 MARCH 2024 |
The financial statements were approved by the members of the LLP and authorised for issue on |
P B PROPERTY INVESTMENTS LLP (REGISTERED NUMBER: OC356861) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 28 AUGUST 2023 TO 31 MARCH 2024 |
1. | STATUTORY INFORMATION |
P B Property Investments 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 |
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 represents rental income and sales of services. Rental income is recognised in the period to which the rent relates. Other income is recognised when the underlying service is provided and the LLP obtains the right to consideration. |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the income statement. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the period was |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 28 August 2023 |
and 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 27 August 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade debtors |
Other debtors |
P B PROPERTY INVESTMENTS LLP (REGISTERED NUMBER: OC356861) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 28 AUGUST 2023 TO 31 MARCH 2024 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade creditors |
Other creditors |
7. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
Loans and other debts due to members' rank below in relation to other creditors. |
8. | RESERVES |
Revaluation |
reserve |
£ |
At 28 August 2023 |
and 31 March 2024 |