| |
|
2025 |
|
2024 |
| |
|
£ |
£ |
|
£ |
£ |
| Fixed assets |
|
|
472,804 |
|
|
493,630 |
| Current assets |
|
4,262 |
|
|
40,081 |
|
| Creditors: amount falling due within one year |
|
(426,290) |
|
|
(131,907) |
|
|
Net current assets
|
|
|
(422,028)
|
|
|
(91,826)
|
|
Total assets less current liabilities
|
|
|
50,776 |
|
|
401,804 |
| Creditors: amount falling due after more than one year |
|
|
(36,465) |
|
|
(376,121) |
|
Net assets
|
|
|
14,311 |
|
|
25,683 |
| |
|
|
|
|
|
|
Represented by:
|
|
|
|
|
Members' other interest
|
|
|
|
| Revaluation Reserves |
|
|
31,163 |
|
|
29,867 |
| Other reserves |
|
|
(16,852) |
|
|
(4,184) |
|
|
|
14,311 |
|
|
25,683 |
|
|
|
14,311 |
|
|
25,683 |
| |
Total members' interests
|
|
|
|
| Members' other interests |
|
|
14,311 |
|
|
25,683 |
|
|
|
14,311 |
|
|
25,683 |
| |
NOTES TO THE ACCOUNTS
General Information
K & G Properties (Yorkshire) LLP is a limited liability partnership, registered in England and Wales, registration number OC343492, registration address Clayton Works, Midland Road, Leeds, LS10 2RJ.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in sterling which is the functional currency of the company.
|
| 2. |
Average number of employees
Average number of employees during the year was 2 (2024 : 2).
|
| 3. |
Related Party Transactions
No transactions with related parties were undertaken such as are required to be disclosed.
|
| 4. |
Control
The entity was under the control of its designated members throughout the current and previous year.
|
| 5. |
Reconciliation of Members Interests
|
|
Members Capital
£ |
|
Other Reserves
£ |
|
Loans Due to Members
£ |
|
Total
£ |
| Opening Balances |
|
64,000 |
|
- |
|
(38,318) |
|
25,682 |
| Loss for the year |
|
- |
|
- |
|
(16,852) |
|
(16,852) |
| Capital Introduced |
|
- |
|
- |
|
19,368 |
|
19,368 |
| Drawings |
|
- |
|
- |
|
(13,888) |
|
(13,888) |
| Closing Balances |
|
64,000 |
|
- |
|
(49,689) |
|
14,311 |
|
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 by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime
These accounts were approved by the members and signed on their behalf by:
.............................................................................
Designated Member
Date approved by the members: 22 December 2025
1
|