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REGISTERED NUMBER: OC396672 (England and Wales)











FINANCIAL STATEMENTS

FOR THE PERIOD 1 DECEMBER 2023 TO 31 MARCH 2024

FOR

8A CHAPEL STREET LLP

8A CHAPEL STREET LLP (REGISTERED NUMBER: OC396672)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 DECEMBER 2023 TO 31 MARCH 2024










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

8A CHAPEL STREET LLP

GENERAL INFORMATION
FOR THE PERIOD 1 DECEMBER 2023 TO 31 MARCH 2024







DESIGNATED MEMBERS: A N Ellis
J E Tizzard





REGISTERED OFFICE: Old Library House
4 Dean Park Crescent
Bournemouth
Dorset
BH1 1LY





REGISTERED NUMBER: OC396672 (England and Wales)





ACCOUNTANTS: Carter & Coley
Chartered Accountants
3 Durrant Road
Bournemouth
Dorset
BH2 6NE

8A CHAPEL STREET LLP (REGISTERED NUMBER: OC396672)

BALANCE SHEET
31 MARCH 2024

2024 2023
as restated
Notes £    £   
CURRENT ASSETS
Stocks 162,466 161,816
Debtors 4 4,161 3,769
Cash at bank 123 227
166,750 165,812
CREDITORS
Amounts falling due within one year 5 13,819 13,049
NET CURRENT ASSETS 152,931 152,763
TOTAL ASSETS LESS CURRENT
LIABILITIES

152,931

152,763

CREDITORS
Amounts falling due after more than one
year

6

19,908

23,274
NET ASSETS ATTRIBUTABLE TO
MEMBERS

133,023

129,489

8A CHAPEL STREET LLP (REGISTERED NUMBER: OC396672)

BALANCE SHEET - continued
31 MARCH 2024

2024 2023
as restated
Notes £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

133,023

129,489

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 133,023 129,489
Amounts due from members 4 (3,370 ) (2,363 )
129,653 127,126

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 period 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.

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 30 January 2025 and were signed by:





A N Ellis - Designated member

8A CHAPEL STREET LLP (REGISTERED NUMBER: OC396672)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 DECEMBER 2023 TO 31 MARCH 2024


1. STATUTORY INFORMATION

8A Chapel Street 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.

Turnover
Turnover represents rents received in the period.

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

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

3. EMPLOYEE INFORMATION

The average number of employees during the period was NIL (2023 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Trade debtors 40 -
Other debtors 4,121 3,769
4,161 3,769

8A CHAPEL STREET LLP (REGISTERED NUMBER: OC396672)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 DECEMBER 2023 TO 31 MARCH 2024


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Bank loans and overdrafts 10,015 9,932
Trade creditors 290 269
Other creditors 3,514 2,848
13,819 13,049

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
as restated
£    £   
Bank loans 19,908 23,274

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.

CHARTERED ACCOUNTANTS' REPORT TO THE MEMBERS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
8A CHAPEL STREET LLP


The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of 8A Chapel Street LLP for the period ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the members of 8A Chapel Street LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of 8A Chapel Street LLP and state those matters that we have agreed to state to the members of 8A Chapel Street LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 8A Chapel Street LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that 8A Chapel Street LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of 8A Chapel Street LLP. You consider that 8A Chapel Street LLP is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of 8A Chapel Street LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Carter & Coley
Chartered Accountants
3 Durrant Road
Bournemouth
Dorset
BH2 6NE


30 January 2025