Registered number: OC386850
1/2 EMBANKMENT GARDENS (INVESTMENT) LLP
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 MARCH 2023
|
1/2 EMBANKMENT GARDENS (INVESTMENT) LLP
REGISTERED NUMBER: OC386850
BALANCE SHEET
AS AT 31 MARCH 2023
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debtors: amounts falling due within one year
|
|
|
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due within one year
|
|
|
|
|
|
Net current assets/(liabilities)
|
|
|
|
|
|
Total assets less current liabilities
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans and other debts due to members within one year
|
|
|
|
|
|
Members' capital classified as a liability
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans and other debts due to members
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1/2 EMBANKMENT GARDENS (INVESTMENT) LLP
REGISTERED NUMBER: OC386850
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLPs regime.
The entity was entitled to exemption from audit under section 480 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.
The financial statements have been delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
The entity has opted not to file the statement of comprehensive income in accordance with the provisions applicable to entities subject to the small LLPs regime.
The financial statements were approved and authorised for issue by the members and were signed on their behalf on 21 August 2023.
The notes on pages 4 to 6 form part of these financial statements.
1/2 Embankment Gardens (Investment) LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of Changes in Equity.
|
1/2 EMBANKMENT GARDENS (INVESTMENT) LLP
RECONCILIATION OF MEMBERS' INTERESTS
FOR THE YEAR ENDED 31 MARCH 2023
|
|
|
|
|
DEBT
Loans and other debts due to members less any amounts due from members in debtors
|
|
Members' capital (classified as debt)
|
|
|
|
|
|
|
Members' interests after profit for the year
|
|
|
|
|
|
|
|
Amounts introduced by members
|
|
|
|
|
|
|
|
|
|
|
|
Members' interests after profit for the year
|
|
|
|
|
|
|
|
Amounts introduced by members
|
|
|
|
|
|
|
|
|
|
|
|
There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests.
|
|
1/2 EMBANKMENT GARDENS (INVESTMENT) LLP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
1/2 Embankment Gardens (Investment) LLP is a limited liability partnership, incorporated in England and Wales. Its registered office is Leytonstone House, 3 Hanbury Drive, Leytonstone, London, E11 1GA.
2.Accounting policies
|
|
Basis of preparation of financial statements
|
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships".
The following accounting policies have been applied:
Investments held as fixed assets are shown at cost less provision for impairment.
Interest income is recognised in the Statement of comprehensive income using the effective interest method.
Short term debtors are measured at transaction price, less any impairment.
Short term creditors are measured at the transaction price.
|
The average monthly number of employees, including directors, during the year was 4 (2022 - 4).
|
|
1/2 EMBANKMENT GARDENS (INVESTMENT) LLP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
|
Creditors: Amounts falling due within one year
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accruals and deferred income
|
|
|
|
|
|
|
|
1/2 EMBANKMENT GARDENS (INVESTMENT) LLP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
|
Loans and other debts due to members
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Members' capital treated as debt
|
|
|
|
Other amounts due to members
|
|
|
|
|
|
|
Loans and other debts due to members may be further analysed as follows:
|
|
|
|
|
Falling due within one year
|
|
|
Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.
|