Zebra Realisations LLP - Period Ending 2023-09-30

Zebra Realisations LLP

Contents

Limited liability partnership information	1
Members' Report	2
Financial Statements	3 to 9
Balance Sheet	3
Statement of Changes in Members’ Interests	5
Notes to the Financial Statements	6

Zebra Realisations LLP

Limited liability partnership information

Designated members

Mr A W Brierley Mr P Thompson

Members

Ms A C O'Keefe Mr K Coates Mr S Longfield Mr P Hemming Mr P Saville Mr S Wilson Mr D Imison Mr S H Millar Mr R Grant Mr R S Knight Mr C P Holder Ms Smith Zulu Realisations Ltd Mr S V Freakley Mr G P Squires Mr S Appell Mr M N Cropper Mr A P Beveridge Mrs E G Mackay Mr N H Cooper Ms D Hughes Mr F J Gray Mr G J Smith

Registered office

6 New Street Square London EC4A 3BF

Zebra Realisations LLP

Members' Report for the Year Ended 30 September 2023

The members present their report and the unaudited financial statements for the year ended 30 September 2023.

Designated members

The members who held office during the year were as follows:

Mr A W Brierley

Mr P Thompson

Members' drawings and the subscription and repayment of members' capital

The Firm's business was sold in February 2015 and the members decided that the LLP will be wound up. Distributions are made in line with agreements made at the time that the business was disposed of.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, as applied to limited liability partnerships.

Approved by the Board on 23 November 2023 and signed on its behalf by:

......................................... Mr A W Brierley Designated member

Zebra Realisations LLP

(Registration number: OC340361)
Balance Sheet as at 30 September 2023

	Note	2023  £	2022  £
Current assets
Debtors	4	-	4,950
Cash and short-term deposits		4,907	11,167
		4,907	16,117
Creditors: Amounts falling due within one year	5	(3,613)	(2,000)
Net assets attributable to members		1,294	14,117
Represented by:
Loans and other debts due to members
Members' capital classified as a liability		273,215	273,215
Members’ other interests
Other reserves		(271,921)	(259,098)
		1,294	14,117
Total members' interests
Loans and other debts due to members		273,215	273,215
Equity		(271,921)	(259,098)
		1,294	14,117

For the year ending 30 September 2023 the limited liability partnership was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied to limited liability partnerships, relating to small entities.

These financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime, as applied to limited liability partnerships, and the option not to file the Profit and Loss Account has been taken.

Zebra Realisations LLP

(Registration number: OC340361)
Balance Sheet as at 30 September 2023 (continued)

The members acknowledge their responsibilities for complying with the requirements of the Act, as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 with respect to accounting records and the preparation of accounts.

The financial statements of Zebra Realisations LLP (registered number OC340361) were approved by the Board and authorised for issue on 23 November 2023. They were signed on behalf of the limited liability partnership by:

......................................... Mr A W Brierley Designated member

Zebra Realisations LLP

Notes to the Financial Statements for the Year Ended 30 September 2023

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

General information and basis of accounting

The limited liability partnership is incorporated in England and Wales under the Limited Liability Partnership Act 2000. The address of the registered office is given on the limited liability partnership information page. The nature of the limited liability partnership's operations and its principal activities are given in the members' report.

Zebra Realisations LLP is exempt from preparing group accounts as it is a small group. These financial statements are in respect of Zebra Realisations LLP only and, as the Firm’s business was sold in February 2015 and the LLP is to be wound up in the near future, these financial statements have been prepared using a break up basis, except that as disclosed in the accounting policies certain items are shown at fair value.

Members' remuneration and division of profits

Profit shares, which have not been allocated until after the balance sheet date, are treated in these financial statements as unallocated at the balance sheet date and included within other reserves.

Foreign currency

Foreign currency monetary items are subsequently translated in the functional currency at the exchange rate applicable at the end of the reporting period. Exchange differences on monetary items are recognized in profit or loss.

Taxation

The taxation payable on the partnership's profits is the personal liability of the members, Consequently, neither partnership taxation nor related deferred taxation is accounted for in these financial statements.

Zebra Realisations LLP

Notes to the Financial Statements for the Year Ended 30 September 2023 (continued)

1	Accounting policies (continued)

Fixed asset investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Financial instruments

Classification

Financial instruments are classified and accounted for to reflect the substance of the contractual arrangements, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the LLP after deducting all of its liabilities.

Recognition and Measurement

Financial instruments are classified as either "basic" or "other" in accordance with FRS 102 Section 11 "Basic Financial Instruments". At the end of each reporting period, debt instruments classified as basic are measured at amortised cost using the effective interest rate method. All of the LLP's financial instruments are classified as "basic" in accordance with FRS 102 Section 11.

Impairment of financial assets

In the limited liability partnership balance sheet, investments in subsidiaries and associates are measured at cost less impairment.

Fair value measurement

The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.

Zebra Realisations LLP

Notes to the Financial Statements for the Year Ended 30 September 2023 (continued)

2	Particulars of employees

The average number of persons employed by the limited liability partnership during the year was 0 (2022 - 0).

3	Investments held as fixed assets

2023  £

Shares in group undertakings and participating interests

	Subsidiary undertakings £
At 30 September 2023	-
At 30 September 2022	-

Other investments

	Unlisted investments £	Total £
Cost
At 1 October 2022	254,997	254,997
At 30 September 2023	254,997	254,997
Provision for impairment
At 1 October 2022	254,997	254,997
At 30 September 2023	254,997	254,997
Net book value
At 30 September 2023	-	-
At 30 September 2022	-	-

Zebra Realisations LLP

Notes to the Financial Statements for the Year Ended 30 September 2023 (continued)

4

Debtors

	2023  £	2022  £
Other debtors	-	4,950
Total current trade and other debtors	-	4,950

5	Creditors: Amounts falling due within one year

	2023  £	2022  £
Accruals and deferred income	3,613	2,000

6

Control

The members are the controlling party by virtue of their controlling interest in the limited liability partnership. There is no ultimate controlling party.