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Registered No. OC440688 (England and Wales)
LIVIES PROPERTY LLP Unaudited accounts for the year ended 31 January 2025
LIVIES PROPERTY LLP LLP Information for the year ended 31 January 2025
Designated members
MS OLIVIA EDGE
MS SOPHIE THORNLEY
Registered Number
OC440688 (England and Wales)
Registered Office
11 CROSS ROAD MANCHESTER LANCASHIRE M21 9DH UNITED KINGDOM
Accountants
Well Accounted For 5 Oaklands Park Rougham Hill Bury St Edmunds Suffolk IP33 2RW
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LIVIES PROPERTY LLP Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
3
380,000
-
Current assets
Debtors
4,849
-
Cash at bank and in hand
17,461
47,063
22,310
47,063
Creditors: amounts falling due within one year
4
84,652
6,173
Net current assets
106,962
53,236
Total assets less current liabilities
486,962
53,236
Creditors: amounts falling due after more than one year
5
(600,000)
(100,000)
Net liabilities attributable to members
(113,038)
(46,764)
Represented by:
Members' other interests
Other reserves
(113,038)
(46,764)
(113,038)
(46,764)
Total members' interests
Members' other interests
(113,038)
(46,764)
(113,038)
(46,764)
For the year ending 31 January 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 20 October 2025.
MS OLIVIA EDGE Designated member Limited Liability Partnership Registration No. OC440688
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LIVIES PROPERTY LLP Notes to the Accounts for the year ended 31 January 2025
1
Accounting policies
Basis of preparation
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.
Presentation currency
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:
Land & buildings
2% Straight Line
2
Statutory information
LIVIES PROPERTY LLP is a limited liability partnership, incorporated in England and Wales, registration number OC440688. Its registered office is 11 CROSS ROAD, MANCHESTER, LANCASHIRE, M21 9DH, UNITED KINGDOM.
3
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 February 2024
-
Additions
380,000
At 31 January 2025
380,000
Depreciation
At 31 January 2025
-
Net book value
At 31 January 2025
380,000
4
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security costs
(84,902)
(6,423)
Accruals
250
250
(84,652)
(6,173)
5
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
600,000
100,000
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
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LIVIES PROPERTY LLP Notes to the Accounts for the year ended 31 January 2025
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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