THE HORNEY PROPERTY LLP
THE HORNEY PROPERTY LLP
Registered number: OC348373
Unaudited Financial Statements
For The Year Ended 30 September 2019
THE HORNEY PROPERTY LLP
Unaudited Financial Statements
For The Year Ended 30 September 2019
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| LLP Information | 1 |
| Balance Sheet | 2—3 |
| Notes to the Financial Statements | 4—5 |
THE HORNEY PROPERTY LLP
LLP Information
For The Year Ended 30 September 2019
LLP Information
| LLP Registration Number |
|
| Registered Office | Europa House |
| 46-50 Southwick Square | |
| Southwick | |
| BRIGHTON | |
| BN42 4FJ | |
Page 1
THE HORNEY PROPERTY LLP
Balance Sheet
As at
30 September 2019
Balance Sheet
Registered number:
OC348373
For the year ending 30 September 2019 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 applicable to LLP's subject to the small LLPs regime.)
| 2019 | 2018 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| CURRENT ASSETS | |||||
| Debtors | 4 |
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| Cash at bank and in hand |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS ATTRIBUTABLE TO MEMBERS |
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| REPRESENTED BY: | |||||
| Loans and other debts due to members within one year | 413 | 14,778 | |||
| 413 | 14,778 | ||||
| TOTAL MEMBERS' INTEREST | |||||
| Amounts due from members | - | (14,365) | |||
| Loans and other debts due to members within one year | 413 | 14,778 | |||
| 413 | 413 | ||||
Page 2
THE HORNEY PROPERTY LLP
Balance Sheet (continued)
As at
30 September 2019
Member's responsibilities:
-
The members acknowledge their responsibilities for complying with the requirements of the Act (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 LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.
On behalf of the members
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Partner
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The notes on pages 4 to 5 form part of these financial statements.
Page 3
THE HORNEY PROPERTY LLP
Notes to the Financial Statements
For The Year Ended 30 September 2019
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in January 2017 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
1.2.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Computer Equipment |
|
1.3.
Registrar Filing Requirements
The LLP has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, members report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
2.
Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2018: NIL)
3.
Tangible Assets
| Computer Equipment | |
|---|---|
| £ | |
| Cost | |
| As at |
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| As at |
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| Depreciation | |
| As at |
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| As at |
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| Net Book Value | |
| As at |
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| As at |
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Page 4
THE HORNEY PROPERTY LLP
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2019
4.
Debtors
| 2019 | 2018 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Amounts due from members | - | 14,365 | |
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5.
General Information
THE HORNEY PROPERTY LLP is a limited liability partnership, incorporated in England & Wales, registered number OC348373 . The Registered Office is Europa House, 46-50 Southwick Square, Southwick, BRIGHTON, BN42 4FJ.
Page 5