London International Realty LLP - LLP accounts 20.1

London International Realty LLP - LLP accounts 20.1

LONDON INTERNATIONAL REALTY LLP - Company Information

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REGISTERED NUMBER: OC417031 (England and Wales)















Report of the Members and

Unaudited Financial Statements for the Year Ended 31 December 2020

for

London International Realty LLP
Direct Accountants (UK) Ltd
137-139 Whitecross Street
Islington
London
EC1Y 8JL








London International Realty LLP (Registered number: OC417031)






Contents of the Financial Statements
for the Year Ended 31 December 2020




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


London International Realty LLP

General Information
for the Year Ended 31 December 2020







DESIGNATED MEMBERS: Miss L Hamilton
A Palazzo





REGISTERED OFFICE: 85 Great Portland Street
London
W1W 7LT





REGISTERED NUMBER: OC417031 (England and Wales)





ACCOUNTANTS: Direct Accountants (UK) Ltd
137-139 Whitecross Street
Islington
London
EC1Y 8JL
Page 1
London International Realty LLP (Registered number: OC417031)

Report of the Members
for the Year Ended 31 December 2020

The members present their report with the financial statements of the LLP for the year ended 31 December 2020.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the year under review was that of

DESIGNATED MEMBERS
The designated members during the year under review were:

ms V Kunda (to 1.1.20)
Miss L Hamilton
A Palazzo (to )

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The loss for the year before members' remuneration and profit shares was £240 (2019 - £13,428 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





Miss L Hamilton - Designated member


24 August 2021

Page 2
London International Realty LLP (Registered number: OC417031)

Income Statement
for the Year Ended 31 December 2020

31.12.20 31.12.19
Notes £    £   

TURNOVER - 14,175

Administrative expenses 240 747
OPERATING (LOSS)/PROFIT and
(LOSS)/PROFIT FOR THE FINANCIAL YEAR BEFORE
MEMBERS' REMUNERATION AND PROFIT SHARES
(240
)
13,428

(LOSS)/PROFIT FOR THE FINANCIAL YEAR BEFORE
MEMBERS' REMUNERATION AND PROFIT SHARES
(240
)
13,428

Members' remuneration charged as an expense 4 240 -
PROFIT FOR THE FINANCIAL YEAR AVAILABLE FOR
DISCRETIONARY DIVISION AMONG MEMBERS
-
13,428

The notes form part of these financial statements

Page 3
London International Realty LLP (Registered number: OC417031)

Balance Sheet
31 December 2020

31.12.20 31.12.19
£    £   
CURRENT ASSETS
Debtors 10 -
Cash at bank 13,188 13,428
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO MEMBERS 13,198 13,428

LOANS AND OTHER DEBTS DUE TO MEMBERS 13,198 13,428

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 13,198 13,428
Amounts due from members (10 ) -
13,188 13,428

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 December 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 provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 24 August 2021 and were signed by:





Miss L Hamilton - Designated member

The notes form part of these financial statements

Page 4
London International Realty LLP (Registered number: OC417031)

Notes to the Financial Statements
for the Year Ended 31 December 2020

1. STATUTORY INFORMATION

London International Realty 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.

3. EMPLOYEE INFORMATION

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

4. INFORMATION IN RELATION TO MEMBERS
31.12.20 31.12.19
£    £   
Members' remuneration charged as an expense
Automatic division of loss (240 ) -

Page 5