Barola Property Investments LLP - Accounts to registrar (filleted) - small 18.2

Barola Property Investments LLP - Accounts to registrar (filleted) - small 18.2


IRIS Accounts Productionv20.3.0.228OC386255designated member1.4.1931.3.2031.3.20falsetruefalsefalsefalse iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureOC3862552019-03-31OC3862552020-03-31OC3862552019-04-012020-03-31OC3862552018-03-31OC3862552018-04-012019-03-31OC3862552019-03-31OC386255ns16:EnglandWales2019-04-012020-03-31OC386255ns15:PoundSterling2019-04-012020-03-31OC386255ns11:Director12019-04-012020-03-31OC386255ns11:LimitedLiabilityPartnershipLLP2019-04-012020-03-31OC386255ns11:Micro-entities2019-04-012020-03-31OC386255ns11:AuditExempt-NoAccountantsReport2019-04-012020-03-31OC386255ns11:LimitedLiabilityPartnershipsSORP2019-04-012020-03-31OC386255ns11:FullAccounts2019-04-012020-03-31OC386255ns6:CurrentFinancialInstruments2020-03-31OC386255ns6:CurrentFinancialInstruments2019-03-31


REGISTERED NUMBER: OC386255 (England and Wales)














BAROLA PROPERTY INVESTMENTS LLP

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2020






BAROLA PROPERTY INVESTMENTS LLP (REGISTERED NUMBER: OC386255)




CONTENTS OF THE FINANCIAL STATEMENTS



FOR THE YEAR ENDED 31ST MARCH 2020












Page




Statement of Financial Position  

1




BAROLA PROPERTY INVESTMENTS LLP (REGISTERED NUMBER: OC386255)




STATEMENT OF FINANCIAL POSITION



31ST MARCH 2020



2020

2019



£

£

£

£

FIXED ASSETS

-


5,839,435




CURRENT ASSETS

1,419,889


114,179




CREDITORS

Amounts falling due within one year

(74,610

)

(4,771,690

)


NET CURRENT ASSETS/(LIABILITIES)

1,345,279


(4,657,511

)


TOTAL ASSETS LESS CURRENT LIABILITIES

1,345,279


1,181,924




LOANS AND OTHER DEBTS DUE TO MEMBERS

1,345,279


1,181,924




NOTES TO THE FINANCIAL STATEMENTS


1.

STATUTORY INFORMATION



Barola Property Investments LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:



Registered number:

OC386255



Registered office:

56 Charles Street




Cardiff


CF10 2GG


2.

AVERAGE NUMBER OF EMPLOYEES



The average number of employees during the year was 2 (2019 - 2 ) .




BAROLA PROPERTY INVESTMENTS LLP (REGISTERED NUMBER: OC386255)




STATEMENT OF FINANCIAL POSITION - continued



31ST MARCH 2020




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 31st March 2020.  


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 financial statements 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.  


The financial statements were approved by the members of the LLP on 21st January 2021 and were signed by:






Mr. R T Johns - Designated member