Granite Office Properties LLP - Accounts to registrar (filleted) - small 18.2

Granite Office Properties LLP - Accounts to registrar (filleted) - small 18.2

GRANITE OFFICE PROPERTIES LLP - Company Information

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REGISTERED NUMBER: OC333573 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2019

for

Granite Office Properties LLP
Granite Office Properties LLP (Registered number: OC333573)






Contents of the Financial Statements
for the Year Ended 31 March 2019




Page

General Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Granite Office Properties LLP

General Information
for the Year Ended 31 March 2019







DESIGNATED MEMBERS: I D Lipman
K C Owen





REGISTERED OFFICE: 114a Cromwell Road
Kensington
London
SW7 4AG





REGISTERED NUMBER: OC333573 (England and Wales)





ACCOUNTANTS: Pabs Consultancy Limited
Argyle House
Joel Street
Northwood Hills
HA6 1NW
Page 1
Chartered Certified Accountants' Report to the Members
on the Unaudited Financial Statements of
Granite Office Properties LLP

The following reproduces the text of the report prepared for the members in respect of the LLP's annual
unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a
Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the
Report of the Members are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability
Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your
approval the financial statements of Granite Office Properties LLP for the year ended 31 March 2019 which comprise
the Income Statement, Balance Sheet and the related notes from the LLP's accounting records and from information and
explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the members of Granite Office Properties LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Granite Office Properties LLP and state those matters that we have agreed to state to the members of Granite Office Properties LLP, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Granite Office Properties LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Granite Office Properties LLP. You consider that Granite Office Properties LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Granite Office Properties LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Pabs Consultancy Limited
Argyle House
Joel Street
Northwood Hills
HA6 1NW


18 December 2019

This page does not form part of the statutory financial statements

Page 2
Granite Office Properties LLP (Registered number: OC333573)

Balance Sheet
31 March 2019

2019 2018
Notes £    £    £    £   
FIXED ASSETS
Investment property 3 244,000 244,000

CURRENT ASSETS
Debtors 4 67,226 67,226
Cash at bank 590 590
67,816 67,816
CREDITORS
Amounts falling due within one year 5 12,541 12,541
NET CURRENT ASSETS 55,275 55,275
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS
299,275
299,275

LOANS AND OTHER DEBTS DUE TO
MEMBERS
300,500
300,500

MEMBERS' OTHER INTERESTS
Capital accounts (1,225 ) (1,225 )
299,275 299,275

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 300,500 300,500
Members' other interests (1,225 ) (1,225 )
Amounts due from members 4 (26 ) (26 )
299,249 299,249

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2019.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act
2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies
Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by
the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008
relating to financial statements, so far as applicable to the LLP.

The notes form part of these financial statements

Page 3 continued...
Granite Office Properties LLP (Registered number: OC333573)

Balance Sheet - continued
31 March 2019


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP on 18 December 2019 and were signed by:




I D Lipman - Designated member




K C Owen - Designated member


The notes form part of these financial statements

Page 4
Granite Office Properties LLP (Registered number: OC333573)

Notes to the Financial Statements
for the Year Ended 31 March 2019

1. STATUTORY INFORMATION

Granite Office Properties LLP is registered in England and Wales. The LLP's registered number and registered
office address can be found on the General Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.

3. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2018
and 31 March 2019 244,000
NET BOOK VALUE
At 31 March 2019 244,000
At 31 March 2018 244,000

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Other debtors 67,226 67,226

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade creditors 1,341 1,341
Taxation and social security 11,200 11,200
12,541 12,541

Page 5