| Partnership Registration Number : OC367584 (England and Wales) |
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THE BIRCHIN PARTNERSHIP LLP
Unaudited Financial Statements
For
the year ended
31 August 2024
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THE BIRCHIN PARTNERSHIP LLP
Contents
For
the year ended
31 August 2024
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| CONTENTS | PAGE |
| Partnership Information | 3 |
| Member's Report | 4 |
| Accountant's Report | 5 |
| Income Statement | 6 |
| Statement of Financial Position | 7 |
| Notes to the Financial Statements | 8 - 10 |
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THE BIRCHIN PARTNERSHIP LLP
Partnership Information
For
the year ended
31 August 2024
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| Partnership registration number | OC367584 (England and Wales) | |
| Members/Designated members | Harvey Jacobson | |
| Peak&Pennine PropertiesLtd | ||
| Registered office address | 9 Bridgewater Place | |
| Manchester | ||
| M4 1QF | ||
| UK | ||
| Accountant | Cloud Accounts Co. (North West) Ltd. | |
| 9 Beech Crescent | ||
| - | ||
| WN7 3JL | ||
| UK |
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THE BIRCHIN PARTNERSHIP LLP
Member's Report
For
the year ended
31 August 2024
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| Statement of Member's responsibilities | ||||||||||||||||
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The members are responsible for preparing the financial statements in accordance with applicable law and regulations.
Limited liability partnership law requires the members to prepare such financial statements for each financial year. Under that law the members have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), FRS 102 1A Under limited liability partnership law the members must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the limited liability partnership and of the profit or loss of the limited liability partnership for that period. In preparing these financial statements, the members are required to; -select suitable accounting policies and then apply them consistently; -make judgements and accounting estimates that are reasonable and prudent; and -prepare the financial statements on the going concern basis unless it is inappropriate to presume that the limited liability partnership will continue in business. The members are responsible for keeping adequate accounting records that are sufficient to show and explain the limited liability partnership's transactions and disclose with reasonable accuracy at any time the financial position of the limited liability partnership and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the limited liability partnership and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. |
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| By order of the members: | ||||||||||||||||
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| Date: 09 May 2025 |
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THE BIRCHIN PARTNERSHIP LLP
Accountant's Report
For
the year ended
31 August 2024
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| Accountant's Report to the members on the preparation of the unaudited statutory accounts of THE BIRCHIN PARTNERSHIP LLP for the year ended 31 August 2024. | ||||||||||
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In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of THE BIRCHIN PARTNERSHIP LLP for the year ended 31 August 2024 which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes from the partnership'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 at icaew.com/regulations. This report is made solely to the members of THE BIRCHIN PARTNERSHIP LLP, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of THE BIRCHIN PARTNERSHIP LLP and state those matters that we have agreed to state to the members of THE BIRCHIN PARTNERSHIP LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than THE BIRCHIN PARTNERSHIP LLP and its members, as a body, for our work or for this report. It is your duty to ensure that THE BIRCHIN PARTNERSHIP 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 profit of THE BIRCHIN PARTNERSHIP LLP. You consider that THE BIRCHIN PARTNERSHIP LLP is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of THE BIRCHIN PARTNERSHIP 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. |
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THE BIRCHIN PARTNERSHIP LLP
Income Statement
For
the year ended
31 August 2024
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| 2024 | 2023 | |||||||||
| £ | £ | |||||||||
| Turnover | - | - | ||||||||
| Cost of sales | - | (2,225) | ||||||||
| Gross (Loss)/profit | - | (2,225) | ||||||||
| Administrative expenses | (3,770) | (3,776) | ||||||||
| Operating loss | 5 | (3,770) | (6,001) | |||||||
| Interest receivable and similar income | 1 | - | ||||||||
| Interest payable and similar charges | 7 | (6) | - | |||||||
| Loss before members' remuneration and profit shares | (3,775) | (6,002) | ||||||||
| Net Loss for the year available for discretionary division among members | (3,775) | (6,002) | ||||||||
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THE BIRCHIN PARTNERSHIP LLP
Statement of Financial Position
For
the year ended
31 August 2024
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| 2024 | 2023 | ||||
| Notes | £ | £ | |||
| Fixed assets | |||||
| Property, plant and equipment | 8 | 132,000 | 135,000 | ||
| 132,000 | 135,000 | ||||
| Current assets | |||||
| Debtors | 9 | 75 | - | ||
| Cash and cash equivalents | 10 | - | 8 | ||
| 75 | 8 | ||||
| Current liabilities | |||||
| Creditors: Amounts falling due within one year | 11 | (707) | (462) | ||
| (707) | (462) | ||||
| Net current (liabilities)/assets | (632) | (454) | |||
| Total assets less current liabilities | 131,368 | 134,546 | |||
| Non-current liabilities | |||||
| Creditors: Amounts falling due after more than one year | 12 | (12,460) | (11,880) | ||
| Net assets/(liabilities) attributable to members | 118,907 | 122,665 | |||
| Represented by: | |||||
| Loans and other debts due to members | (6,002) | (6,002) | |||
| Capital and reserves: | |||||
| - Members capital | 122,666 | 128,667 | |||
| - Other reserves | 2,242 | - | |||
| 118,907 | 122,665 | ||||
| Total members interests | |||||
| Amounts due from members | (6,002) | (6,002) | |||
| Member's other interests | 13 | 124,909 | 128,667 | ||
| 118,907 | 122,665 | ||||
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| These financial statements were approved by members on 09 May 2025 and were signed on its behalf by: | |||||
| ............................. | |||||
| Peak&Pennine PropertiesLtd (Designated member) | |||||
| Limited Liability Partnership registration number: OC367584 | |||||
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THE BIRCHIN PARTNERSHIP LLP
Notes to the Financial Statements
For
the year ended
31 August 2024
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| (1) General Information | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| (2) Statement of compliance | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| (3) Significant Accounting Policies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| (4) Critical accounting judgements and key sources of estimation uncertainty | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| (5) Operating profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| (6) Employees | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| (7) Interest payable and similar charges | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| (8) Tangible fixed assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| (9) Debtors | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| (10) Cash and cash equivalents | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| (11) Creditors: Amounts falling due within one year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| (12) Creditors: Amounts falling due after more than one year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| (13) Member's interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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