Pure Developments (UK) LLP - Accounts to registrar (filleted) - small 18.2

Pure Developments (UK) LLP - Accounts to registrar (filleted) - small 18.2

PURE DEVELOPMENTS (UK) LLP - Company Information

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REGISTERED NUMBER: OC339400 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 SEPTEMBER 2020 TO 31 MARCH 2021

FOR

PURE DEVELOPMENTS (UK) LLP
PURE DEVELOPMENTS (UK) LLP (REGISTERED NUMBER: OC339400)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 SEPTEMBER 2020 TO 31 MARCH 2021




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PURE DEVELOPMENTS (UK) LLP

GENERAL INFORMATION
FOR THE PERIOD 1 SEPTEMBER 2020 TO 31 MARCH 2021







DESIGNATED MEMBERS: Lord G R Ward
Mr A Dama





REGISTERED OFFICE: 15-16 Eaton Court Road
St Neots
Cambridgeshire
PE19 8ER





REGISTERED NUMBER: OC339400 (England and Wales)





ACCOUNTANTS: Thompson Taraz Rand Ltd
Chartered Accountants
10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA
Page 1
PURE DEVELOPMENTS (UK) LLP (REGISTERED NUMBER: OC339400)

BALANCE SHEET
31 MARCH 2021

2021 2020
Notes £    £   
FIXED ASSETS
Investment property 4 1,260,000 837,595

CURRENT ASSETS
Cash at bank 34,274 27,998

CREDITORS
Amounts falling due within one year 5 (1,960 ) (960 )
NET CURRENT ASSETS 32,314 27,038
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO MEMBERS 1,292,314 864,633

LOANS AND OTHER DEBTS DUE TO MEMBERS 438,077 10,396

MEMBERS' OTHER INTERESTS
Capital accounts 854,237 854,237
1,292,314 864,633

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 438,077 10,396
Members' other interests 854,237 854,237
1,292,314 864,633

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 period ended 31 March 2021.

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 notes form part of these financial statements

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PURE DEVELOPMENTS (UK) LLP (REGISTERED NUMBER: OC339400)

BALANCE SHEET - continued
31 MARCH 2021


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 Profit and loss account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 21 December 2021 and were signed by:





Lord G R Ward - Designated member

The notes form part of these financial statements

Page 3
PURE DEVELOPMENTS (UK) LLP (REGISTERED NUMBER: OC339400)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 SEPTEMBER 2020 TO 31 MARCH 2021

1. STATUTORY INFORMATION

Pure Developments (UK) 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 as modified by the revaluation of certain assets.

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

Turnover represents rents receivable excluding Value Added Tax.

Investment property
Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

Investment properties were valued at their fair value by Lord G R Ward, a member of the LLP. Although
Lord G R Ward is not a professionally qualified valuer he does have considerable experience in the location and class of investment property being revalued.

3. EMPLOYEE INFORMATION

The average number of employees during the period was NIL (2020 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2020 837,595
Revaluations 422,405
At 31 March 2021 1,260,000
NET BOOK VALUE
At 31 March 2021 1,260,000
At 31 August 2020 837,595

Fair value at 31 March 2021 is represented by:
£   
Valuation in 2021 422,405
Cost 837,595
1,260,000

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PURE DEVELOPMENTS (UK) LLP (REGISTERED NUMBER: OC339400)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 SEPTEMBER 2020 TO 31 MARCH 2021

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Other creditors 1,960 960

Page 5