Registered number
OC422475
FLATS4ALL LONDON LLP
Unaudited Filleted Accounts
30 September 2024
TEMPLETONS (HOLDINGS) LIMITED
CHARTERED ACCOUNTANTS
309 HOE STREET
WALTHAMSTOW
LONDON E17 9BG
FLATS4ALL LONDON LLP
Registered number: OC422475
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Net current assets - -
Total assets less current liabilities - -
Net assets attributable to members - -
Represented by:
Loans and other debts due to members 3 (216,103) (216,103)
Members' other interests
Other reserves 216,103 216,103
- -
Total members' interests
Loans and other debts due to members 3 (216,103) (216,103)
Members' other interests 216,103 216,103
- -
For the year ended 30 September 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 19 June 2025 and signed on their behalf by:
Mr L Martindale
Designated member
FLATS4ALL LONDON LLP
Notes to the Accounts
for the year ended 30 September 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.
Turnover
Turnover is measured at the fair value of the consideration receivable. Turnover includes rental receivable from Investment properties during the trading period.
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 consist of Investment Properties. Investment Properties are revalued at the year end by the members based on open market values.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
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.
Going concern
Flats4all London LLP has ceased trading with effect from 31 May 2022 upon incorporation.
2 Employees 2024 2023
Number Number
Average number of persons employed by the LLP 1 1
3 Loans and other debts due to members 2024 2023
£ £
Members capital classified as debt 6,651,810 6,651,810
Loans from members (6,867,913) (6,867,913)
(216,103) (216,103)
Amounts falling due within one year (216,103) (216,103)
Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.
4 Controlling party
The LLP was under the control of Mr L Martindale and Mrs K Martindale, both members of the LLP
5 Other information
FLATS4ALL LONDON LLP is a limited liability partnership incorporated in England. Its registered office is:
309 Hoe Street
Walthamstow
London
E17 9BG
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