LIMEVINE PROPERTIES LIMITED LIABILITY PARTNERSHIP

LIMEVINE PROPERTIES LIMITED LIABILITY PARTNERSHIP

LIMEVINE PROPERTIES LIMITED LIABILITY PARTNERSHIP - Company Information

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30 September 2021 false No description of principal activity Taxfiler 2023.5 OC303340business:LimitedLiabilityPartnershipLLP2021-09-302022-09-30 OC3033402021-09-29 OC3033402021-09-302022-09-30 OC303340business:AuditExempt-NoAccountantsReport2021-09-302022-09-30 OC303340business:FullAccounts2021-09-302022-09-30 OC3033402022-09-30 OC303340business:PartnerLLP12021-09-302022-09-30 OC303340business:PartnerLLP22021-09-302022-09-30 OC303340business:RegisteredOffice2021-09-302022-09-30 OC3033402021-09-30 OC303340core:WithinOneYear2022-09-30 OC303340core:WithinOneYear2021-09-30 OC303340core:AfterOneYear2022-09-30 OC303340core:AfterOneYear2021-09-30 OC303340core:ShareCapital2022-09-30 OC303340core:ShareCapital2021-09-30 OC303340core:RetainedEarningsAccumulatedLosses2022-09-30 OC303340core:RetainedEarningsAccumulatedLosses2021-09-30 OC303340business:SmallEntities2021-09-302022-09-30 OC303340core:LandBuildings2021-09-302022-09-30 OC303340core:FurnitureFittings2021-09-302022-09-30 OC303340countries:EnglandWales2021-09-302022-09-30 OC303340core:LandBuildings2021-09-29 OC303340core:LandBuildings2022-09-30 OC3033402020-12-012021-09-30 iso4217:GBP xbrli:pure
Registered No. OC303340 (England and Wales)
Limevine Properties Limited Liability Partnership Unaudited accounts for the period from 30 September 2021 to 30 September 2022
Limevine Properties Limited Liability Partnership LLP Information for the period from 30 September 2021 to 30 September 2022
Designated members
Mr Simon Lewsley
Mrs Susan Lorna Lewsley
Registered Number
OC303340 (England and Wales)
Registered Office
North Lodge Farm Sheep Street Leighton Bromswold Huntingdon PE28 5AZ ENGLAND
Accountants
John Mutsaars LRJ Accountancy Services Limited High Street, Longborough Moreton-in-Marsh Gloucestershire GL56 0QE
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Limevine Properties Limited Liability Partnership Statement of financial position as at 30 September 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
3
950,000 
950,000 
Current assets
Debtors
- 
613 
Cash at bank and in hand
45,739 
21,399 
45,739 
22,012 
Creditors: amounts falling due within one year
4
(33,044)
(34,648)
Net current assets/(liabilities)
12,695 
(12,636)
Total assets less current liabilities
962,695 
937,364 
Creditors: amounts falling due after more than one year
5
(328,966)
(353,078)
Net assets attributable to members
633,729 
584,286 
Represented by:
Members' other interests
Members' capital classified as equity
528,731 
518,731 
Other reserves
104,998 
65,555 
633,729 
584,286 
633,729 
584,286 
Total members' interests
Members' other interests
633,729 
584,286 
633,729 
584,286 
For the period ending 30 September 2022 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 23 May 2023.
Mr Simon Lewsley Designated member Limited Liability Partnership Registration No. OC303340
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Limevine Properties Limited Liability Partnership Notes to the Accounts for the period from 30 September 2021 to 30 September 2022
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
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 properties are revalued annually and any surplus or deficit is dealt with through profit and loss. No depreciation is provided in respect of investment properties.
Taxation
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
Members' remuneration
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense. Members' shares in the profit or loss for the year are accounted for as an allocation of profits. Unallocated profits and losses are included within 'other reserves'.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
0%
Fixtures & fittings
20% straight line
2
Statutory information
Limevine Properties Limited Liability Partnership is a limited liability partnership, incorporated in England and Wales, registration number OC303340. Its registered office is North Lodge Farm, Sheep Street, Leighton Bromswold, Huntingdon, PE28 5AZ, ENGLAND.
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Limevine Properties Limited Liability Partnership Notes to the Accounts for the period from 30 September 2021 to 30 September 2022
3
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 30 September 2021
950,000 
At 30 September 2022
950,000 
Depreciation
At 30 September 2022
- 
Net book value
At 30 September 2022
950,000 
At 30 September 2021
950,000 
4
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
32,471 
34,648 
Taxes and social security costs
573 
- 
33,044 
34,648 
5
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
328,966 
353,078 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the period the average number of employees was 0 (2021: 0).
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