| ATIRSTAM INVEST LLP |
| Members' Report |
|
| The members present their report and accounts for the year ended 31 January 2026. |
|
| Principal activities |
| The LLP's principal activity during the year was renting own property. |
|
| Designated members |
| The following persons served as designated members during the year: |
|
|
Mr K Sundaralingam |
|
Mrs Mehala Sundaralingam |
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| Policy with respect to members' drawings and subscription and repayment of members' capital |
| Members are permitted to make drawings in anticipation of profits which will be allocated to them. The amount of such drawings is set at the beginning of each financial year, taking into account the anticipated cash needs of the LLP. New members are required to subscribe a minimum level of capital and in subsequent years members are invited to subscribe for further capital, the amount of which is determined by the performance and seniority of those members. On retirement, capital is repaid to members. |
|
| This report was approved by the members on 15 October 2026 and signed on their behalf by: |
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|
|
|
|
| Mr Kishotharan Sundaralingam |
| Designated member |
|
| ATIRSTAM INVEST LLP |
| Accountants' Report |
|
|
| Accountants' report to the members of |
| ATIRSTAM INVEST LLP |
|
| You consider that the LLP is exempt from an audit for the year ended 31 January 2026. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 (as applied by the LLP regulations) with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the LLP at the end of the financial year and of its profit or loss for the financial year. |
| In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Reconciliation of Members' Interests and the related notes from the accounting records of the LLP and on the basis of information and explanations you have given to us. |
| We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. |
|
|
| DVL AND CO |
| Top Floor Flat |
| 52A High Street |
| Watton |
| Thatford |
| IP25 6AE |
|
| 15 October 2026 |
|
| ATIRSTAM INVEST LLP |
| Registered number: |
OC440842 |
| Balance Sheet |
| as at 31 January 2026 |
| Notes |
|
2026 |
|
2025 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
1,968,850 |
|
1,968,850 |
| Current assets |
|
|
|
|
|
| Debtors |
4 |
|
3,600 |
|
- |
| Cash at bank and in hand |
|
|
898 |
|
408 |
|
|
|
4,498 |
|
408 |
|
| Creditors: amounts falling due within one year |
5 |
|
(599) |
|
(600) |
|
| Net current assets/(liabilities) |
|
|
3,899 |
|
(192) |
|
|
|
|
|
|
| Total assets less current liabilities |
|
|
1,972,749 |
|
1,968,658 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
(1,241,379) |
|
(1,241,379) |
|
|
| Net assets attributable to members |
731,370 |
|
727,279 |
|
|
|
|
|
|
| Represented by: |
| Loans and other debts due to members |
8 |
|
622 |
|
- |
|
|
|
|
|
|
| Members' other interests |
| Members' capital classified as equity |
|
|
729,438 |
|
728,188 |
| Other reserves |
|
|
1,310 |
|
(909) |
|
|
|
730,748 |
|
727,279 |
|
|
|
|
|
|
|
|
|
731,370 |
|
727,279 |
|
|
|
|
|
|
| Total members' interests |
| Loans and other debts due to members |
9 |
|
622 |
|
- |
| Members' other interests |
|
|
730,748 |
|
727,279 |
|
|
|
|
731,370 |
|
727,279 |
|
|
|
|
|
|
| For the year ended 31 January 2026 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 15 October 2026 and signed on their behalf by: |
|
|
| Mr Kishotharan Sundaralingam |
| Designated member |
|
| ATIRSTAM INVEST LLP |
| Notes to the Accounts |
| for the year ended 31 January 2026 |
|
| 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. |
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|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
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|
Division of profits |
|
Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account. |
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Taxation |
|
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members. |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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|
Freehold buildings |
over 50 years |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
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|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
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Debtors |
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Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
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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. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Members' capital |
|
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional. |
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the LLP |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 February 2025 |
1,968,850 |
|
At 31 January 2026 |
1,968,850 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 January 2026 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 January 2026 |
1,968,850 |
|
At 31 January 2025 |
1,968,850 |
|
|
| 4 |
Debtors |
|
|
|
Accural income |
3,600 |
|
- |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Other creditors |
599 |
|
600 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
|
|
|
Bank loans |
1,241,379 |
|
1,241,379 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Loans |
|
|
Creditors include: |
|
|
Secured bank loans |
1,241,379 |
|
1,241,379 |
|
|
|
|
|
|
|
|
|
|
The bank loans are secured over the investment properties owned by the members |
|
|
| 8 |
Loans and other debts due to members |
|
|
|
Members capital classified as debt |
622 |
|
- |
|
|
|
|
|
|
|
|
|
|
Amounts falling due within one year |
622 |
|
- |
|
|
|
|
|
|
|
|
|
|
Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up. |
|
| 9 |
Other information |
|
|
ATIRSTAM INVEST LLP is a limited liability partnership incorporated in England. Its registered office is: |
|
86-90 |
|
Paul Street |
|
London |
|
EC2A 4NE |