Registered No. OC361541 (England and Wales)
LOWLESS PROPERTY LLP
Unaudited accounts
for the year ended 30 March 2025
LOWLESS PROPERTY LLP
LLP Information
for the year ended 30 March 2025
Designated members
R DAVIES
Registered Number
OC361541 (England and Wales)
Registered Office
CRESWELL HOUSE
CRESSWELL QUAY
KILGETTY
PEMBROKESHIRE
SA68 0TE
Accountants
Easy Accounting Services Ltd
Unit 3
Narberth Bridge Business Park
Narberth
Pembrokeshire
SA67 8RA
LOWLESS PROPERTY LLP
Statement of financial position
as at 30 March 2025
Tangible assets
415,378
415,378
Cash at bank and in hand
12,623
945
Creditors: amounts falling due within one year
(85,293)
(31,005)
Net current liabilities
(72,670)
(30,060)
Total assets less current liabilities
342,708
385,318
Creditors: amounts falling due after more than one year
(32,776)
(88,468)
Net assets attributable to members
309,932
296,850
Loans and other debts due to members
100,300
74,718
Members' capital classified as equity
209,632
222,132
Loans and other debts due to members
100,300
74,718
Members' other interests
209,632
222,132
For the year ending 30 March 2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 3 September 2025.
R DAVIES
Designated member
Limited Liability Partnership Registration No. OC361541
LOWLESS PROPERTY LLP
Notes to the Accounts
for the year ended 30 March 2025
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
LOWLESS PROPERTY LLP is a limited liability partnership, incorporated in England and Wales, registration number OC361541. Its registered office is CRESWELL HOUSE, CRESSWELL QUAY, KILGETTY, PEMBROKESHIRE, SA68 0TE.
3
Tangible fixed assets
Plant & machinery
4
Creditors: amounts falling due within one year
2025
2024
Trade creditors
31,005
31,005
5
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
32,776
88,468
LOWLESS PROPERTY LLP
Notes to the Accounts
for the year ended 30 March 2025
6
Loans and other debts due to members
2025
2024
Amounts due to members in respect of profits
100,300
74,718
Amounts falling due within one year
100,300
74,718
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).