Unaudited Financial Statements |
for the Period 1 April 2024 to 30 June 2025 |
for |
Morrison Fairlie Property LLP |
Unaudited Financial Statements |
for the Period 1 April 2024 to 30 June 2025 |
for |
Morrison Fairlie Property LLP |
Morrison Fairlie Property LLP (Registered number: SO300887) |
Contents of the Financial Statements |
for the Period 1 April 2024 to 30 June 2025 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Morrison Fairlie Property LLP |
General Information |
for the Period 1 April 2024 to 30 June 2025 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
73 Stirling Business Centre |
Wellgreen Place |
Stirling |
FK8 2DZ |
Morrison Fairlie Property LLP (Registered number: SO300887) |
Balance Sheet |
30 June 2025 |
30.6.25 | 31.3.24 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investment property | 5 | - | 375,000 |
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 |
375,067 |
382,657 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
375,067 |
283,358 |
MEMBERS' OTHER INTERESTS |
Revaluation reserve |
375,067 | 382,657 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 375,067 | 283,358 |
Members' other interests | - | 99,299 |
375,067 | 382,657 |
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. |
Morrison Fairlie Property LLP (Registered number: SO300887) |
Balance Sheet - continued |
30 June 2025 |
The financial statements were approved by the members of the LLP and authorised for issue on |
Morrison Fairlie Property LLP (Registered number: SO300887) |
Notes to the Financial Statements |
for the Period 1 April 2024 to 30 June 2025 |
1. | STATUTORY INFORMATION |
Morrison Fairlie Property LLP is registered in Scotland. 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 |
Tangible fixed assets |
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 period was NIL (2024 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Plant and |
Land and | machinery |
buildings | etc | Totals |
£ | £ | £ |
COST |
At 1 April 2024 |
Disposals | ( |
) | ( |
) | ( |
) |
At 30 June 2025 |
DEPRECIATION |
At 1 April 2024 |
Eliminated on disposal | ( |
) | ( |
) | ( |
) |
At 30 June 2025 |
NET BOOK VALUE |
At 30 June 2025 |
At 31 March 2024 |
Morrison Fairlie Property LLP (Registered number: SO300887) |
Notes to the Financial Statements - continued |
for the Period 1 April 2024 to 30 June 2025 |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 April 2024 |
Disposals | ( |
) |
At 30 June 2025 |
NET BOOK VALUE |
At 30 June 2025 |
At 31 March 2024 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.6.25 | 31.3.24 |
£ | £ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.6.25 | 31.3.24 |
£ | £ |
Trade creditors |
Other creditors |