1 April 2024 false No description of principal activity Taxfiler 2024.6 OC440975 business:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC440975 2024-03-31 OC440975 2024-04-01 2025-03-31 OC440975 business:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 OC440975 business:FilletedAccounts 2024-04-01 2025-03-31 OC440975 2025-03-31 OC440975 business:PartnerLLP1 2024-04-01 2025-03-31 OC440975 business:PartnerLLP2 2024-04-01 2025-03-31 OC440975 business:RegisteredOffice 2024-04-01 2025-03-31 OC440975 2024-03-31 OC440975 core:WithinOneYear 2025-03-31 OC440975 core:WithinOneYear 2024-03-31 OC440975 core:ShareCapital 2025-03-31 OC440975 core:ShareCapital 2024-03-31 OC440975 business:SmallEntities 2024-04-01 2025-03-31 OC440975 countries:EnglandWales 2024-04-01 2025-03-31 OC440975 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Registered No. OC440975 (England and Wales)
LAMBTONS PROPERTY LLP Unaudited accounts for the year ended 31 March 2025
LAMBTONS PROPERTY LLP LLP Information for the year ended 31 March 2025
Designated members
Ms Lucy Owen
Mr Thomas Owen
Registered Number
OC440975 (England and Wales)
Registered Office
2 MEETING HOUSE LANE BRIGHTON EAST SUSSEX BN1 1HB
Accountants
D M Pettitt Accountancy Services 33 Bowmans Close Steyning West Sussex BN44 3SR
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LAMBTONS PROPERTY LLP Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
3
1,910,000
1,910,000
Current assets
Debtors
4,183
1,321
Cash at bank and in hand
15,799
23,378
19,982
24,699
Creditors: amounts falling due within one year
4
(29,199)
(26,828)
Net current liabilities
(9,217)
(2,129)
Net assets attributable to members
1,900,783
1,907,871
Represented by:
Loans and other debts due to members
5
69,237
90,426
Members' other interests
Members' capital classified as equity
1,831,546
1,817,445
1,900,783
1,907,871
Total members' interests
Loans and other debts due to members
69,237
90,426
Members' other interests
1,831,546
1,817,445
1,900,783
1,907,871
For the year ending 31 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 31 October 2025.
Mr Thomas Owen Designated member Limited Liability Partnership Registration No. OC440975
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LAMBTONS PROPERTY LLP Notes to the Accounts for the year ended 31 March 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.
2
Statutory information
LAMBTONS PROPERTY LLP is a limited liability partnership, incorporated in England and Wales, registration number OC440975. Its registered office is 2 MEETING HOUSE LANE, BRIGHTON, EAST SUSSEX, BN1 1HB.
3
Investment property
2025
£
Fair value at 1 April 2024
1,910,000
At 31 March 2025
1,910,000
4
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security costs
700
900
Other creditors
27,569
25,038
Accruals
930
890
29,199
26,828
5
Loans and other debts due to members
2025
2024
£
£
Amounts due to members in respect of profits
69,237
90,426
Amounts falling due within one year
69,237
90,426
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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