Pawletts Investments LLP - Accounts to registrar (filleted) - small 18.2

Pawletts Investments LLP - Accounts to registrar (filleted) - small 18.2

PAWLETTS INVESTMENTS LLP - Company Information

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REGISTERED NUMBER: OC347924 (England and Wales)















PAWLETTS INVESTMENTS LLP

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 JANUARY 2022






PAWLETTS INVESTMENTS LLP (REGISTERED NUMBER: OC347924)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2022










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PAWLETTS INVESTMENTS LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2022







DESIGNATED MEMBERS: I R Pawlett





REGISTERED OFFICE: Sidings House
Sidings Court
Lakeside
Doncaster
South Yorkshire
DN4 5NU





REGISTERED NUMBER: OC347924 (England and Wales)





Page 1
PAWLETTS INVESTMENTS LLP (REGISTERED NUMBER: OC347924)

BALANCE SHEET
31 JANUARY 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 188,189 188,189

CURRENT ASSETS
Cash at bank 8,027 6,414

CREDITORS
Amounts falling due within one year 5 46,613 46,546
NET CURRENT LIABILITIES (38,586 ) (40,132 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
149,603
148,057

CREDITORS
Amounts falling due after more than one
year
6
(58,852
)
(65,113
)

PROVISIONS FOR LIABILITIES (5,700 ) (5,700 )
NET ASSETS ATTRIBUTABLE TO
MEMBERS
85,051
77,244

The notes form part of these financial statements

Page 2 continued...
PAWLETTS INVESTMENTS LLP (REGISTERED NUMBER: OC347924)

BALANCE SHEET - continued
31 JANUARY 2022

2022 2021
Notes £    £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS
7
72,901
65,094

MEMBERS' OTHER INTERESTS
Revaluation reserve 8 24,300 24,300
Other reserves 2 (12,150 ) (12,150 )
85,051 77,244

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 72,901 65,094
Members' other interests 12,150 12,150
85,051 77,244

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 January 2022.

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 and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

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 and authorised for issue on 22 September 2022 and were signed by:





I R Pawlett - Designated member

The notes form part of these financial statements

Page 3
PAWLETTS INVESTMENTS LLP (REGISTERED NUMBER: OC347924)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2022


1. STATUTORY INFORMATION

Pawletts Investments 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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. EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2021 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2021
and 31 January 2022 188,189
NET BOOK VALUE
At 31 January 2022 188,189
At 31 January 2021 188,189

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 5,221 5,221
Other creditors 41,392 41,325
46,613 46,546

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Bank loans 58,852 65,113

Page 4 continued...
PAWLETTS INVESTMENTS LLP (REGISTERED NUMBER: OC347924)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2022


6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2022 2021
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 37,968 44,229

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

The loans and other debts due to members are due within one year.

8. RESERVES
Revaluation
reserve
£   
At 1 February 2021
and 31 January 2022 24,300

Page 5