1 April 2024 false No description of principal activity Taxfiler 2024.6 OC430801business:LimitedLiabilityPartnershipLLP2024-04-012025-03-31 OC4308012024-03-31 OC4308012024-04-012025-03-31 OC430801business:AuditExemptWithAccountantsReport2024-04-012025-03-31 OC430801business:FilletedAccounts2024-04-012025-03-31 OC4308012025-03-31 OC430801business:PartnerLLP12024-04-012025-03-31 OC430801business:PartnerLLP22024-04-012025-03-31 OC430801business:RegisteredOffice2024-04-012025-03-31 OC4308012024-03-31 OC430801core:WithinOneYear2025-03-31 OC430801core:WithinOneYear2024-03-31 OC430801core:AfterOneYear2025-03-31 OC430801core:AfterOneYear2024-03-31 OC430801business:SmallEntities2024-04-012025-03-31 OC430801core:MotorVehicles2024-04-012025-03-31 OC430801countries:EnglandWales2024-04-012025-03-31 OC430801core:MotorVehicles2024-03-31 OC430801core:MotorVehicles2025-03-31 OC4308012023-04-012024-03-31 iso4217:GBP xbrli:pure
Registered No. OC430801 (England and Wales)
L & T PROPERTIES TA LLP Unaudited accounts for the year ended 31 March 2025
L & T PROPERTIES TA LLP LLP Information for the year ended 31 March 2025
Designated members
Mr J C Owen
Mrs N H Owen
Registered Number
OC430801 (England and Wales)
Registered Office
2 MEETING HOUSE LANE BRIGHTON BN1 1HB ENGLAND
Accountants
D M Pettitt Accountancy Services 33 Bowmans Close Steyning West Sussex BN44 3SR
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L & T PROPERTIES TA LLP Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
3
- 
8,732 
Investment property
4
- 
1,765,000 
- 
1,773,732 
Current assets
Debtors
1,807 
1,807 
Cash at bank and in hand
- 
49,022 
1,807 
50,829 
Creditors: amounts falling due within one year
5
(700)
(78,104)
Net current assets/(liabilities)
1,107 
(27,275)
Total assets less current liabilities
1,107 
1,746,457 
Creditors: amounts falling due after more than one year
6
- 
(390,124)
Net assets attributable to members
1,107 
1,356,333 
Represented by:
Loans and other debts due to members
7
1,107 
1,356,333 
1,107 
1,356,333 
Total members' interests
Loans and other debts due to members
1,107 
1,356,333 
1,107 
1,356,333 
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 17 December 2025.
Mr J C Owen Designated member Limited Liability Partnership Registration No. OC430801
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L & T PROPERTIES TA 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.
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:
Motor vehicles
25% Straight Line
2
Statutory information
L & T PROPERTIES TA LLP is a limited liability partnership, incorporated in England and Wales, registration number OC430801. Its registered office is 2 MEETING HOUSE LANE, BRIGHTON, BN1 1HB, ENGLAND.
3
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 April 2024
20,699 
Disposals
(20,699)
At 31 March 2025
- 
Depreciation
At 1 April 2024
11,967 
On disposals
(11,967)
At 31 March 2025
- 
Net book value
At 31 March 2025
- 
At 31 March 2024
8,732 
4
Investment property
2025 
£ 
Fair value at 1 April 2024
1,765,000 
Disposals
1,765,000 
At 31 March 2025
- 
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L & T PROPERTIES TA LLP Notes to the Accounts for the year ended 31 March 2025
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
- 
19,629 
Amounts owed to group undertakings and other participating interests
- 
30,000 
Accruals
700 
850 
Deferred income
- 
27,625 
700 
78,104 
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
- 
390,124 
7
Loans and other debts due to members
2025 
2024 
£ 
£ 
Amounts due to members in respect of profits
1,107 
1,356,333 
Amounts falling due within one year
1,107 
1,356,333 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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