| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 30 April 2025 |
| for |
| Fleet Suites LLP |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 30 April 2025 |
| for |
| Fleet Suites LLP |
| Fleet Suites LLP (Registered number: OC427141) |
| Contents of the Financial Statements |
| for the Year Ended 30 April 2025 |
| Page |
| General Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Fleet Suites LLP |
| General Information |
| for the Year Ended 30 April 2025 |
| DESIGNATED MEMBERS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 47 Kensington Road |
| Chichester |
| West Sussex |
| PO19 7XS |
| Fleet Suites LLP (Registered number: OC427141) |
| Balance Sheet |
| 30 April 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investment property | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| and |
| NET ASSETS ATTRIBUTABLE TO MEMBERS |
45,524 |
808,500 |
| LOANS AND OTHER DEBTS DUE TO MEMBERS |
8 |
- |
608,500 |
| MEMBERS' OTHER INTERESTS |
| Capital accounts | 45,524 | 200,000 |
| 45,524 | 808,500 |
| TOTAL MEMBERS' INTERESTS |
| Loans and other debts due to members | 8 | - | 608,500 |
| Members' other interests | 45,524 | 200,000 |
| Amounts due from members | 6 | (45,524 | ) | (15,618 | ) |
| - | 792,882 |
| 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. |
| Fleet Suites LLP (Registered number: OC427141) |
| Balance Sheet - continued |
| 30 April 2025 |
| The financial statements were approved by the members of the LLP and authorised for issue on |
| Fleet Suites LLP (Registered number: OC427141) |
| Notes to the Financial Statements |
| for the Year Ended 30 April 2025 |
| 1. | STATUTORY INFORMATION |
| Fleet Suites 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 |
| During the year the investment property was sold and the LLP effectively ceased to trade. The accounts have been prepared to reflect these circumstances. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
| 3. | EMPLOYEE INFORMATION |
| The average number of employees during the year was NIL (2024 - NIL). |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 May 2024 |
| Disposals | ( |
) |
| At 30 April 2025 |
| DEPRECIATION |
| At 1 May 2024 |
| Eliminated on disposal | ( |
) |
| At 30 April 2025 |
| NET BOOK VALUE |
| At 30 April 2025 |
| At 30 April 2024 |
| Fleet Suites LLP (Registered number: OC427141) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2025 |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 May 2024 |
| Disposals | ( |
) |
| At 30 April 2025 |
| NET BOOK VALUE |
| At 30 April 2025 |
| At 30 April 2024 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
| In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors. |
| Loans and other debts due to members as at 30 April 2024 included interest free loans totalling £608,500 which were repaid during the year in accordance with the loan agreement.. |
| The remaining balance of loans and other debts due to members of £45,524 (2024: £121,142) consists of £45,524 in respect of overdrawn profits (2024: £15,618 in respect of overdrawn profits) and £nil (2024: £nil) of capital introduced. Losses for the current year include £nil of unrealised losses (2024: £125,000 of unrealised losses) on revaluing the investment property to its fair value. |
| 9. | POST BALANCE SHEET EVENTS |
| An application to strike off the LLP will be filed following approval of the financial statements. |