| R&L PROPERTY INVESTMENTS LLP |
| Registered number: |
OC420073 |
| Balance Sheet |
| as at 31 March 2025 |
| Notes |
|
2025 |
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
665,000 |
|
2,570,000 |
| Current assets |
|
|
|
|
|
| Debtors |
4 |
|
242,348 |
|
244,106 |
| Cash at bank and in hand |
|
|
2,862 |
|
80,058 |
|
|
|
245,210 |
|
324,164 |
|
| Creditors: amounts falling due within one year |
5 |
|
(16,383) |
|
(17,833) |
|
| Net current assets |
|
|
228,827 |
|
306,331 |
|
|
|
|
|
|
| Total assets less current liabilities |
|
|
893,827 |
|
2,876,331 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
- |
|
(1,637,231) |
|
|
| Net assets attributable to members |
893,827 |
|
1,239,100 |
|
|
|
|
|
|
| Represented by: |
| Loans and other debts due to members |
7 |
|
1,027,011 |
|
1,318,985 |
|
|
|
|
|
|
| Members' other interests |
| Other reserves |
|
|
(133,184) |
|
(79,885) |
|
|
|
|
|
|
|
|
|
893,827 |
|
1,239,100 |
|
|
|
|
|
|
| Total members' interests |
| Loans and other debts due to members |
7 |
|
1,027,011 |
|
1,318,985 |
| Members' other interests |
|
|
(133,184) |
|
(79,885) |
|
|
|
|
893,827 |
|
1,239,100 |
|
|
|
|
|
|
| For the year ended 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to 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. |
| The 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. |
|
| These accounts were approved by the members on 19 December 2025 and signed on their behalf by: |
|
|
| R M Mills |
| Designated member |
|
| R&L PROPERTY INVESTMENTS LLP |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
| 1 |
Accounting policies |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the LLP |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 April 2024 |
2,570,000 |
|
Disposals |
(1,905,000) |
|
At 31 March 2025 |
665,000 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 March 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
665,000 |
|
At 31 March 2024 |
2,570,000 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
2,043 |
|
3,801 |
|
Amounts owed by group undertakings and undertakings in which the LLP has a participating interest |
|
240,305 |
|
240,305 |
|
|
|
|
|
|
242,348 |
|
244,106 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
12,747 |
|
14,008 |
|
Accruals |
576 |
|
- |
|
Other creditors |
3,060 |
|
3,825 |
|
|
|
|
|
|
16,383 |
|
17,833 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
- |
|
1,637,231 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Loans and other debts due to members |
2025 |
|
2024 |
| £ |
£ |
|
|
Loans from members |
1,027,011 |
|
1,318,985 |
|
|
|
|
|
|
|
|
|
|
Amounts falling due within one year |
1,027,011 |
|
1,318,985 |
|
|
|
|
|
|
|
|
|
|
Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up. |
|
|
| 8 |
Other information |
|
|
R&L PROPERTY INVESTMENTS LLP is a limited liability partnership incorporated in England. Its registered office is: |
|
Raydean House |
|
15 Western Parade |
|
Barnet |
|
Herts |
|
EN5 1AH |