McKay Estate LLP

McKay Estate LLP

MCKAY ESTATE LLP - Company Information

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1 April 2022 false No description of principal activity Taxfiler 2023.7 OC335127business:LimitedLiabilityPartnershipLLP2022-04-012023-03-31 OC3351272022-03-31 OC3351272022-04-012023-03-31 OC335127business:AuditExemptWithAccountantsReport2022-04-012023-03-31 OC335127business:FullAccounts2022-04-012023-03-31 OC3351272023-03-31 OC335127business:PartnerLLP12022-04-012023-03-31 OC335127business:PartnerLLP22022-04-012023-03-31 OC335127business:RegisteredOffice2022-04-012023-03-31 OC3351272022-03-31 OC335127core:WithinOneYear2023-03-31 OC335127core:WithinOneYear2022-03-31 OC335127core:ShareCapital2023-03-31 OC335127core:ShareCapital2022-03-31 OC335127business:SmallEntities2022-04-012023-03-31 OC335127core:LandBuildings2022-04-012023-03-31 OC335127core:FurnitureFittings2022-04-012023-03-31 OC335127countries:EnglandWales2022-04-012023-03-31 OC335127core:LandBuildings2022-03-31 OC335127core:FurnitureFittings2022-03-31 OC335127core:LandBuildings2023-03-31 OC335127core:FurnitureFittings2023-03-31 OC3351272021-04-012022-03-31 iso4217:GBP xbrli:pure
Registered No. OC335127 (England and Wales)
McKay Estate LLP Unaudited accounts for the year ended 31 March 2023
McKay Estate LLP LLP Information for the year ended 31 March 2023
Designated members
Iain McKay
Ms Sheena Williams
Registered Number
OC335127 (England and Wales)
Registered Office
Holybrook House 10a Sunningdale Avenue Sunningdale Berkshire SL5 9PN United Kingdom
Accountants
Thames Bridge Accountants 60 Oak Tree Road Marlow Buckinghamshire SL7 3EQ
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McKay Estate LLP Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3
11,075,857 
11,075,857 
Current assets
Debtors
4,132 
4,132 
Cash at bank and in hand
2,973 
327 
7,105 
4,459 
Creditors: amounts falling due within one year
4
(142,581)
(105,465)
Net current liabilities
(135,476)
(101,006)
Net assets attributable to members
10,940,381 
10,974,851 
Represented by:
Loans and other debts due to members
5
208,016 
242,486 
Members' other interests
Members' capital classified as equity
10,732,365 
10,732,365 
10,940,381 
10,974,851 
Total members' interests
Loans and other debts due to members
208,016 
242,486 
Members' other interests
10,732,365 
10,732,365 
10,940,381 
10,974,851 
For the year ending 31 March 2023 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 June 2023.
Iain McKay Designated member Limited Liability Partnership Registration No. OC335127
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McKay Estate LLP Notes to the Accounts for the year ended 31 March 2023
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.
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
33.33% Straight Line
2
Statutory information
McKay Estate LLP is a limited liability partnership, incorporated in England and Wales, registration number OC335127. Its registered office is Holybrook House, 10a Sunningdale Avenue, Sunningdale, Berkshire, SL5 9PN, United Kingdom.
3
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
11,075,857 
51,061 
11,126,918 
At 31 March 2023
11,075,857 
51,061 
11,126,918 
Depreciation
At 1 April 2022
- 
51,061 
51,061 
At 31 March 2023
- 
51,061 
51,061 
Net book value
At 31 March 2023
11,075,857 
- 
11,075,857 
At 31 March 2022
11,075,857 
- 
11,075,857 
4
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
384 
Other creditors
111,273 
73,773 
Accruals
31,308 
31,308 
142,581 
105,465 
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McKay Estate LLP Notes to the Accounts for the year ended 31 March 2023
5
Loans and other debts due to members
2023 
2022 
£ 
£ 
Amounts due to members in respect of profits
208,016 
242,486 
Amounts falling due within one year
208,016 
242,486 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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