| REGISTERED NUMBER: |
| Report of the Members and |
| Unaudited Financial Statements |
| for the Year Ended |
| 30 July 2024 |
| for |
| Citi Prop LLP |
| REGISTERED NUMBER: |
| 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: |
| J E Lund |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 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: |
| 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: |
| 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 |
| Cash in hand |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 4 |
| NET LIABILITIES ATTRIBUTABLE TO MEMBERS |
(45,097 |
) |
(45,297 |
) |
| LOANS AND OTHER DEBTS DUE TO MEMBERS |
- |
- |
| MEMBERS' OTHER INTERESTS |
| Capital accounts | 200 | - |
| Other reserves | ( |
) | ( |
) |
| (45,097 | ) | (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 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 were approved by the members of the LLP and authorised for issue on |
| 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 |
| The LLP was dormant throughout the current year and previous period. |
| 3. | EMPLOYEE INFORMATION |
| The average number of employees during the year was |
| 4. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Other creditors |