| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 July 2024 |
| for |
| LONGPLAN PROPERTIES LLP |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 July 2024 |
| for |
| LONGPLAN PROPERTIES LLP |
| LONGPLAN PROPERTIES LLP (REGISTERED NUMBER: OC423215) |
| Contents of the Financial Statements |
| FOR THE YEAR ENDED 31 JULY 2024 |
| Page |
| General Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| LONGPLAN PROPERTIES LLP |
| General Information |
| FOR THE YEAR ENDED 31 JULY 2024 |
| DESIGNATED MEMBERS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| 73 Park Lane |
| Croydon |
| Surrey |
| CR0 1JG |
| LONGPLAN PROPERTIES LLP (REGISTERED NUMBER: OC423215) |
| Balance Sheet |
| 31 JULY 2024 |
| 2024 | 2023 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
| NET ASSETS ATTRIBUTABLE TO MEMBERS |
1,401,576 |
1,486,128 |
| LOANS AND OTHER DEBTS DUE TO MEMBERS |
9 |
1,401,576 |
1,486,128 |
| TOTAL MEMBERS' INTERESTS |
| Loans and other debts due to members | 9 | 1,401,576 | 1,486,128 |
| 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. |
| LONGPLAN PROPERTIES LLP (REGISTERED NUMBER: OC423215) |
| Balance Sheet - continued |
| 31 JULY 2024 |
| The financial statements were approved by the members of the LLP and authorised for issue on |
| LONGPLAN PROPERTIES LLP (REGISTERED NUMBER: OC423215) |
| Notes to the Financial Statements |
| FOR THE YEAR ENDED 31 JULY 2024 |
| 1. | STATUTORY INFORMATION |
| Longplan Properties 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 |
| 3. | EMPLOYEE INFORMATION |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 1 August 2023 |
| and 31 July 2024 |
| DEPRECIATION |
| At 1 August 2023 |
| Charge for year |
| At 31 July 2024 |
| NET BOOK VALUE |
| At 31 July 2024 |
| At 31 July 2023 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade debtors |
| Other debtors |
| LONGPLAN PROPERTIES LLP (REGISTERED NUMBER: OC423215) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 JULY 2024 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Bank loans and overdrafts |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Bank loans |
| Other creditors |
| Amounts falling due in more than five years: |
| Repayable otherwise than by instalments |
| Bank loans more 5 yrs non-inst |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2024 | 2023 |
| £ | £ |
| Bank loans |
| The bank loans are secured by way of fixed charge on the properties. |
| 9. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
| 2024 | 2023 |
| £ | £ |
| Amounts owed to members in respect of profits | 1,401,576 | 1,486,128 |
| Falling due within one year | 1,401,576 | 1,486,128 |