Tooley Developments LLP - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: OC357110 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022

FOR

TOOLEY DEVELOPMENTS LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

R M Leckie

Montague Investments Limited

REGISTERED OFFICE:

First Floor

Ridgeland House

15 Carfax

Horsham

West Sussex

RH12 1DY

REGISTERED NUMBER:

OC357110 (England and Wales)

ACCOUNTANTS:

Galloways Accounting

First Floor

Ridgeland House

15 Carfax

Horsham

West Sussex

RH12 1DY

CURRENT ASSETS

Debtors

3

4,552,546

4,536,537

Cash at bank

2,297

6,052

4,554,843

4,542,589

CREDITORS

Amounts falling due within one year

4

4,534,483

4,522,202

NET CURRENT ASSETS

20,360

20,387

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

20,360

20,387

LOANS AND OTHER DEBTS DUE TO MEMBERS

20,354

20,381

MEMBERS' OTHER INTERESTS

Capital accounts

6

6

20,360

20,387

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

20,354

20,381

Members' other interests

6

6

Amounts due from members

3

(4,287,576

)

(4,268,457

)

(4,267,216

)

(4,248,070

)

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 5 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 31 January 2023 and were signed by:

R M Leckie - Designated member

1.	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.

2.	EMPLOYEE INFORMATION

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

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.22

5.4.21

£

£

Amounts due from members

4,287,576

4,268,457

Other debtors

42,035

37,689

Lickfold Inn Ltd

166,554

95,095

Ninfield Ltd

43,615

43,615

Yew tree Limited

26,681

26,681

Montague Investments Ltd

(13,915

)

65,000

4,552,546

4,536,537

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.22

5.4.21

£

£

Other creditors

400

400

Robert Leckie Estates Ltd

4,380,982

4,367,982

Spence Valentine Ltd

151,407

151,407

Accrued expenses

1,694

2,413

4,534,483

4,522,202