| REGISTERED NUMBER: |
| REPORT OF THE MEMBERS AND |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 |
| FOR |
| ST JOHN ESTATES LLP |
| REGISTERED NUMBER: |
| REPORT OF THE MEMBERS AND |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 |
| FOR |
| ST JOHN ESTATES LLP |
| ST JOHN ESTATES LLP (REGISTERED NUMBER: OC315823) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 OCTOBER 2024 |
| Page |
| General Information | 1 |
| Report of the Members | 2 |
| Income Statement | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 6 |
| ST JOHN ESTATES LLP |
| GENERAL INFORMATION |
| FOR THE YEAR ENDED 31 OCTOBER 2024 |
| DESIGNATED MEMBERS: |
| MM St John Discretionary Trust |
| St John Advisers Limited |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Archer House |
| Britland Estate |
| Northbourne Road |
| Eastbourne |
| BN22 8PW |
| ST JOHN ESTATES LLP (REGISTERED NUMBER: OC315823) |
| REPORT OF THE MEMBERS |
| FOR THE YEAR ENDED 31 OCTOBER 2024 |
| The members present their report with the financial statements of the LLP for the year ended 31 October 2024. |
| PRINCIPAL ACTIVITY |
| The principal activity of the LLP in the year under review was that of investment property. |
| DESIGNATED MEMBERS |
| The designated members during the year under review were: |
| MM St John Discretionary Trust |
| St John Advisers Limited |
| RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS |
| The loss for the year before members' remuneration and profit shares was £43,679 (2023 - £3,320 loss). |
| MEMBERS' INTERESTS |
| ON BEHALF OF THE MEMBERS: |
| ST JOHN ESTATES LLP (REGISTERED NUMBER: OC315823) |
| INCOME STATEMENT |
| FOR THE YEAR ENDED 31 OCTOBER 2024 |
| 2024 | 2023 |
| Notes | £ | £ |
| TURNOVER |
| Administrative expenses |
| OPERATING (LOSS)/PROFIT | 4 | ( |
) |
| Interest payable and similar expenses |
| LOSS FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS |
( |
) |
( |
) |
| ST JOHN ESTATES LLP (REGISTERED NUMBER: OC315823) |
| BALANCE SHEET |
| 31 OCTOBER 2024 |
| 2024 | 2023 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| Investment property | 6 |
| CURRENT ASSETS |
| Debtors | 7 |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CREDITORS |
| Amounts falling due after more than one year |
9 |
| NET LIABILITIES ATTRIBUTABLE TO MEMBERS |
(1,842,221 |
) |
(1,846,518 |
) |
| LOANS AND OTHER DEBTS DUE TO MEMBERS |
- |
- |
| MEMBERS' OTHER INTERESTS |
| Capital accounts | (1,842,221 | ) | (1,846,518 | ) |
| (1,842,221 | ) | (1,846,518 | ) |
| TOTAL MEMBERS' INTERESTS |
| Members' other interests | (1,842,221 | ) | (1,846,518 | ) |
| 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. |
| ST JOHN ESTATES LLP (REGISTERED NUMBER: OC315823) |
| BALANCE SHEET - continued |
| 31 OCTOBER 2024 |
| The financial statements were approved by the members of the LLP and authorised for issue on |
| ST JOHN ESTATES LLP (REGISTERED NUMBER: OC315823) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 OCTOBER 2024 |
| 1. | STATUTORY INFORMATION |
| St John Estates 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 |
| 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 |
| Plant and machinery etc | - |
| 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 |
| 4. | OPERATING (LOSS)/PROFIT |
| The operating loss (2023 - operating profit) is stated after charging: |
| 2024 | 2023 |
| £ | £ |
| Depreciation - owned assets |
| ST JOHN ESTATES LLP (REGISTERED NUMBER: OC315823) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 OCTOBER 2024 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 November 2023 |
| and 31 October 2024 |
| DEPRECIATION |
| At 1 November 2023 |
| Charge for year |
| At 31 October 2024 |
| NET BOOK VALUE |
| At 31 October 2024 |
| At 31 October 2023 |
| 6. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 November 2023 |
| and 31 October 2024 |
| NET BOOK VALUE |
| At 31 October 2024 |
| At 31 October 2023 |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Other debtors |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade creditors |
| Other creditors |
| ST JOHN ESTATES LLP (REGISTERED NUMBER: OC315823) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 OCTOBER 2024 |
| 9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Bank loans |
| 10. | RELATED PARTY DISCLOSURES |
| As at the year end, the partnership owed £2,403,736 (2023 - £2,403,736) to St John Advisers Limited, a member of the partnership |