RMK UK PROPERTIES LLP
RMK UK PROPERTIES LLP
Registered number: OC427091
Unaudited Financial Statements
For The Year Ended
31 March 2023
RMK UK PROPERTIES LLP
Unaudited Financial Statements
For The Year Ended
31 March 2023
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—4 |
Page 1
RMK UK PROPERTIES LLP
Balance Sheet
As At
31 March 2023
Balance Sheet
Registered number:
OC427091
For the year ending 31 March 2023 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)
The members acknowledge their responsibilities for complying with the requirements of the Act (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 LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 4 |
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| CURRENT ASSETS | |||||
| Debtors | 5 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 6 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS ATTRIBUTABLE TO MEMBERS |
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| REPRESENTED BY: | |||||
| Loans and other debts due to members within one year | |||||
| Members' capital classified as a liability | - | 226,250 | |||
| Other amounts | 6,352 | 13,423 | |||
| 6,352 | 239,673 | ||||
| Equity | |||||
| Members' other interests | |||||
| Revaluation reserve | - | 20,515 | |||
| - | 20,515 | ||||
| 6,352 | 260,188 | ||||
| TOTAL MEMBERS' INTEREST | |||||
| Loans and other debts due to members within one year | 6,352 | 239,673 | |||
| Members' other interests | - | 20,515 | |||
| 6,352 | 260,188 | ||||
Page 1
Page 2
RMK UK PROPERTIES LLP
Balance Sheet (continued)
As At
31 March 2023
On behalf of the members
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Designated Member
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The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
RMK UK PROPERTIES LLP
Notes to the Financial Statements
For The Year Ended
31 March 2023
Notes to the Financial Statements
1.
General Information
RMK UK PROPERTIES LLP is a limited liability partnership, incorporated in England & Wales, registered number
OC427091
. The Registered Office is Unit 9a Reeds Farm Estate, Roxwell Road, Writtle, Essex, CM1 3ST.
2.
Accounting Policies
2.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
2.2.
Going Concern Disclosure
The members have identified material uncertainties related to events or conditions that may cast significant doubt about the LLP's ability to continue as a going concern. The entity ceased to operate on 20 January 2023.
2.3.
Turnover
Turnover represents the amounts receivable as rental income from investment properties.
2.4.
Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3.
Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 4 (2022: 4)
4.
Tangible Assets
| Investment Properties | |
|---|---|
| £ | |
| Cost | |
| As at
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| Disposals |
( |
| Net Book Value | |
| As at
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| As at
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5.
Debtors
| 2023 | 2022 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Other debtors | - | 2,000 | |
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Page 3
Page 4
RMK UK PROPERTIES LLP
Notes to the Financial Statements (continued)
For The Year Ended
31 March 2023
6.
Creditors: Amounts Falling Due Within One Year
| 2023 | 2022 | ||
|---|---|---|---|
| £ | £ | ||
| Other creditors | 1,731 | 24,441 | |
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7.
Ultimate Controlling Party
There is no ultimate controlling party of the LLP.
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.
Page 4