Ashford & Thistle Investments LLP - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: SO300361 (Scotland)

Unaudited Financial Statements for the Year Ended 30 April 2022

for

Ashford & Thistle Investments LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

E R Smith

A R Smith

D W Stephen

REGISTERED OFFICE:

10 Studio 1

10 Queensferry Street

Edinburgh

EH2 4PG

REGISTERED NUMBER:

SO300361 (Scotland)

ACCOUNTANT:

CWH Accounting

Mount Pleasant

Heads Nook

Brampton

Carlisle

Cumbria

CA8 9EH

FIXED ASSETS

Investment property

4

460,000

460,000

CURRENT ASSETS

Debtors

5

4

4

Cash at bank

22,795

42,596

22,799

42,600

CREDITORS

Amounts falling due within one year

6

22,592

235,071

NET CURRENT ASSETS/(LIABILITIES)

207

(192,471

)

TOTAL ASSETS LESS CURRENT LIABILITIES

460,207

267,529

CREDITORS

Amounts falling due after more than one year

7

206,558

-

NET ASSETS ATTRIBUTABLE TO MEMBERS

253,649

267,529

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

508,399

522,279

MEMBERS' OTHER INTERESTS

Capital accounts

(254,750

)

(254,750

)

253,649

267,529

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

508,399

522,279

Members' other interests

(254,750

)

(254,750

)

253,649

267,529

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 30 April 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 28 December 2022 and were signed by:

E R Smith - Designated member

1.	STATUTORY INFORMATION

Ashford & Thistle Investments LLP is registered in Scotland. 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 NIL (2021 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2021

and 30 April 2022

460,000

NET BOOK VALUE

At 30 April 2022

460,000

At 30 April 2021

460,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.22

30.4.21

£

£

Other debtors

4

4

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.22

30.4.21

£

£

Bank loans and overdrafts

13,441

227,000

Taxation and social security

2,501

2,171

Other creditors

6,650

5,900

22,592

235,071

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.22

30.4.21

£

£

Bank loans

206,558

-

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.