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REGISTERED NUMBER: OC386344 (England and Wales)








Report of the Members and

Unaudited Financial Statements

for the Year Ended

30 July 2024

for

Citi Prop LLP

Citi Prop LLP (Registered number: OC386344)






Contents of the Financial Statements
for the Year Ended 30 July 2024




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Reconciliation of Members' Interests 5

Notes to the Financial Statements 7


Citi Prop LLP

General Information
for the Year Ended 30 July 2024







DESIGNATED MEMBERS: M Lund
J E Lund





REGISTERED OFFICE: Prospect Court
2 Courthouse Street
Otley
West Yorkshire
LS21 1AQ





REGISTERED NUMBER: OC386344 (England and Wales)





ACCOUNTANTS: Nicklin Accountancy Services Limited
Church Court
Stourbridge Road
Halesowen
West Midlands
B63 3TT

Citi Prop LLP (Registered number: OC386344)

Report of the Members
for the Year Ended 30 July 2024

The members present their report with the financial statements of the LLP for the year ended 30 July 2024.

DESIGNATED MEMBERS
The designated members during the year under review were:

M Lund
J E Lund

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £NIL (2023 - £NIL profit).

MEMBERS' INTERESTS
A reconciliation of members' interests for the period is shown on page 5.

ON BEHALF OF THE MEMBERS:





M Lund - Designated member


30 June 2025

Citi Prop LLP (Registered number: OC386344)

Income Statement
for the Year Ended 30 July 2024

Period
26.7.22
Year Ended to
30.7.24 30.7.23
£    £   

TURNOVER - -
OPERATING PROFIT and
PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION AND
PROFIT SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS




-




-

Citi Prop LLP (Registered number: OC386344)

Balance Sheet
30 July 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 20,432 20,432
Cash in hand 200 -
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,632

20,432

CREDITORS
Amounts falling due after more than one year 4 65,729 65,729
NET LIABILITIES ATTRIBUTABLE TO
MEMBERS

(45,097

)

(45,297

)

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

MEMBERS' OTHER INTERESTS
Capital accounts 200 -
Other reserves (45,297 ) (45,297 )
(45,097 ) (45,297 )

TOTAL MEMBERS' INTERESTS
Members' other interests (45,097 ) (45,297 )
Amounts due from members (20,432 ) (20,432 )
(65,529 ) (65,729 )

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 30 July 2024.

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.

The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 30 June 2025 and were signed by:





M Lund - Designated member

Citi Prop LLP (Registered number: OC386344)

Reconciliation of Members' Interests
for the Year Ended 30 July 2024


EQUITY
Members' other interests
Members'
capital
(classified
as Other
equity) reserves Total
£    £    £   
Balance at 31 July 2023 - (45,297 ) (45,297 )
Profit for the financial year available for discretionary
division among members

-

-

-
Members' interests after profit for the year - (45,297 ) (45,297 )
Introduced by members 200 - 200
Balance at 30 July 2024 200 (45,297 ) (45,097 )

DEBT TOTAL
Loans and other debts due to MEMBERS'
members less any amounts due INTERESTS
from members in debtors
Other
amounts Total
£    £   
Amount due to members -
Amount due from members (20,432 )
Balance at 31 July 2023 (20,432 ) (65,729 )
Profit for the financial year available for discretionary
division among members

-

-

Members' interests after profit for the year (20,432 ) (65,729 )
Introduced by members - 200
Amount due to members -
Amount due from members (20,432 )
Balance at 30 July 2024 (20,432 ) (65,529 )

Citi Prop LLP (Registered number: OC386344)

Reconciliation of Members' Interests
for the Year Ended 30 July 2024

EQUITY DEBT TOTAL
Members' Loans and other debts due to MEMBERS'
other members less any amounts due INTERESTS
interests from members in debtors

Other Other
reserves amounts Total
£    £    £   
Amount due to members -
Amount due from members (20,432 )
Balance at 26 July 2022 (45,297 ) (20,432 ) (65,729 )
Profit for the financial year available
for discretionary division among
members


-


-


-


Members' interests after profit for
the year

(45,297

)

(20,432

)

(65,729

)

Amount due to members -
Amount due from members (20,432 )
Balance at 30 July 2023 (45,297 ) (20,432 ) (65,729 )

Citi Prop LLP (Registered number: OC386344)

Notes to the Financial Statements - continued
for the Year Ended 30 July 2024

1. STATUTORY INFORMATION

Citi Prop 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
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

The LLP was dormant throughout the current year and previous period.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2023 - 2 ) .

4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 65,729 65,729