SJF Properties LLP - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: OC304890 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2023

for

SJF Properties LLP

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

531,923

531,923

CURRENT ASSETS

Debtors

5

-

304

Cash at bank

13,020

7,222

13,020

7,526

CREDITORS

Amounts falling due within one year

6

11,076

4,606

NET CURRENT ASSETS

1,944

2,920

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

533,867

534,843

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

533,467

534,443

MEMBERS' OTHER INTERESTS

Capital accounts

400

400

533,867

534,843

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

533,467

534,443

Members' other interests

400

400

533,867

534,843

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 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

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 19 December 2023 and were signed by:

M G Smith - Designated member

1.	STATUTORY INFORMATION

SJF Properties LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number:

OC304890

Registered office:

37 Yateley Road

Edgbaston

Birmingham

West Midlands

B15 3JP

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Land and buildings

-

not provided

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 April 2022

and 31 March 2023

531,923

NET BOOK VALUE

At 31 March 2023

531,923

At 31 March 2022

531,923

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Other debtors

-

304

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Taxation and social security

1,330

-

Other creditors

9,746

4,606

11,076

4,606

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Other creditors will rank above loans and other debts due to members.