Oldfield Property Holdings LLP - Dormant accounts - members and to registrar (filleted) 23.2
Oldfield Property Holdings LLP - Dormant accounts - members and to registrar (filleted) 23.2
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 March 2023 |
for |
OLDFIELD PROPERTY HOLDINGS LLP |
OLDFIELD PROPERTY HOLDINGS LLP (REGISTERED NUMBER: OC320073) |
Contents of the Financial Statements |
for the year ended 31 March 2023 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
OLDFIELD PROPERTY HOLDINGS LLP |
General Information |
for the year ended 31 March 2023 |
Designated members: |
Whelford Properties Limited |
Registered office: |
Registered number: |
Accountants: |
CUBO Birmingham |
Office 401, 4th Floor |
Birmingham |
West Midlands |
B3 3AX |
OLDFIELD PROPERTY HOLDINGS LLP (REGISTERED NUMBER: OC320073) |
Balance Sheet |
31 March 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
Fixed assets |
Investment property | 4 |
Current assets |
Debtors | 5 |
Cash at bank |
Creditors |
Amounts falling due within one year | 6 |
Net current liabilities | ( |
) | ( |
) |
Total assets less current liabilities |
and |
Net assets attributable to members | 876,615 | 876,615 |
Loans and other debts due to members | 7 | 876,615 | 876,615 |
Total members' interests |
Loans and other debts due to members | 7 | 876,615 | 876,615 |
Amounts due from members | 5 | (779,652 | ) | (779,652 | ) |
96,963 | 96,963 |
OLDFIELD PROPERTY HOLDINGS LLP (REGISTERED NUMBER: OC320073) |
Balance Sheet - continued |
31 March 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. |
In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered. |
The financial statements were approved by the members of the LLP and authorised for issue on |
OLDFIELD PROPERTY HOLDINGS LLP (REGISTERED NUMBER: OC320073) |
Notes to the Financial Statements |
for the year ended 31 March 2023 |
1. | Statutory information |
Oldfield Property Holdings 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 |
Investment property |
Investment properties are stated at fair value. In accordance with FRS102 investment properties are revalued annually and the surplus or deficit is transferred to retained earnings. No depreciation or amortisation is provided in respect of freehold investment properties. The directors consider that this accounting policy results in the accounts giving a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately identified or quantified. |
Rents received |
Rents received reflects the rents due to the LLP for the period including provision for rents not invoiced at the period end less rents invoiced in advance. |
3. | Employee information |
The average number of employees during the year was NIL (2022 - NIL). |
4. | Investment property |
Total |
£ |
Fair value |
At 1 April 2022 |
and 31 March 2023 |
Net book value |
At 31 March 2023 |
At 31 March 2022 |
5. | Debtors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Amounts due from members | 779,652 | 779,652 |
VAT |
Prepayments |
6. | Creditors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Trade creditors |
Amounts owed to participating interests | 802,812 | 802,812 |
Accrued expenses |
OLDFIELD PROPERTY HOLDINGS LLP (REGISTERED NUMBER: OC320073) |
Notes to the Financial Statements - continued |
for the year ended 31 March 2023 |
7. | Loans and other debts due to members |
The loans from members is not required to be paid back within one year. No interest is accruing. |