Bellevue Partnership LLP - LLP accounts 23.2

REGISTERED NUMBER: OC416159 (England and Wales)

Report of the Members and

Unaudited Financial Statements

for the Year Ended 28 February 2023

for

BELLEVUE PARTNERSHIP LLP

Page

General Information

1

Report of the Members

2

Chartered Accountants' Report

3

Income Statement

4

Statement of Financial Position

5

Notes to the Financial Statements

6

Designated members:

Shandon Investments Limited

Mrs A Truter

Registered office:

Bellevue House

Althorp Road

London

SW17 7ED

Registered number:

OC416159 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Juniper House

Warley Hill Business Park

The Drive

Brentwood

Essex

CM13 3BE

The members present their report with the financial statements of the LLP for the year ended 28 February 2023.

Principal activity

The principal activity of the LLP in the year under review was that of property investment.

Designated members

The designated members during the year under review were:

Shandon Investments Limited

Mrs A Truter

Results for the year and allocation to members

The profit for the year before members' remuneration and profit shares was £NIL (2022 - £20,629 profit).

Members' interests

On behalf of the members:

Mrs A Truter - Designated member

30 November 2023

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Bellevue Partnership LLP for the year ended 28 February 2023 which comprise the Income Statement, Statement of Financial Position and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the members of Bellevue Partnership LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bellevue Partnership LLP and state those matters that we have agreed to state to the members of Bellevue Partnership LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bellevue Partnership LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Bellevue Partnership LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bellevue Partnership LLP. You consider that Bellevue Partnership LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bellevue Partnership LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Cooper Parry Advisory Limited

Juniper House

Warley Hill Business Park

The Drive

Brentwood

Essex

CM13 3BE

30 November 2023

Turnover

-

Operating profit

-

Income from shares in group undertakings

-

20,629

Profit for the financial year before
members' remuneration and profit shares
available for discretionary division among
members

-

20,629

Fixed assets

Investments

4

400,000

Current assets

Debtors

5

20,629

Net current assets

20,629

Total assets less current liabilities

and

Net assets attributable to members

420,629

Loans and other debts due to members

6

20,629

Members' other interests

Capital accounts

400,000

420,629

Total members' interests

Loans and other debts due to members

6

20,629

Members' other interests

400,000

420,629

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 28 February 2023.

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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 30 November 2023 and were signed by:

Mrs A Truter - Designated member

1.	Statutory information

Bellevue Partnership LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2.	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.

The LLP was dormant throughout the year ended 28 February 2023. However, reference to information relating to the year ended 28 February 2022 has been made where appropriate.

3.	Employee information

The average number of employees during the year was 1 (2022 - 1 ) .

4.	Fixed asset investments

Other

investments

£

Cost

At 1 March 2022

and 28 February 2023

400,000

Net book value

At 28 February 2023

400,000

At 28 February 2022

400,000

At the balance sheet date, fixed asset investments represents the unquoted investment in the ordinary share capital of Monarch Square Management Limited, held at historic cost.

5.

Debtors: amounts falling due within one year

2023

2022

£

Other debtors

20,629

6.

Loans and other debts due to members

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up.

There is no provision for specific legally enforceable protection afforded to creditors in such an event.

There are no restrictions or limitations on the ability of the members to reduce the amount of ‘Members’ other interests'.