J & L PROPERTIES (HULL) LLP
|
Registered Number
:
OC
332794
|
For the year ended 30 November 2019
England and Wales
Report of the Members and Unaudited Financial Statements
For the year ended 30 November 2019
J & L PROPERTIES (HULL) LLP
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
J & L PROPERTIES (HULL) LLP
Statement of Financial Position
2018
2019
Property
,
plant and equipment
|
1,070,838
1,070,838
3
1,070,838
1,070,838
1,448
1,215
Cash and cash equivalents
|
1,448
1,215
Trade and other payables
:
amounts falling due within one
|
year
|
(53,754)
(53,395)
4
(52,539)
(51,947)
Net current liabilities
Total assets less current liabilities
|
1,018,891
1,018,299
Trade and other payables
:
amounts falling due after more
|
than one year
|
(343,326)
(287,055)
5
731,836
Net assets attributable to members
674,973
Loans and other debts due to members
|
300,192
299,238
6
Members
'
other interests
|
431,644
375,735
431,644
375,735
731,836
674,973
Total members
'
interests
|
Loans and other debts due to members
|
300,192
299,238
6
Members
'
other interests
|
431,644
375,735
731,836
674,973
For the year ended 30 November 2019 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
|
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 affair of the LLP as at the end of each
|
financial year and of its profit or loss for each 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
|
Liabilities Partnerships
(
Accounts and Audit
) (
Application of Companies Act
2006
)
Regulations
2008
relating to the
|
financial statements
,
so far as applicable to the LLP
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements are prepared in accordance with the provisions applicable to LLP's subject to the small LLP's regime.
|
1 of 4
For the year ended 30 November 2019
J & L PROPERTIES (HULL) LLP
Statement of Financial Position Continued
M R McWILLIAMDesignated Member Director
|
These financial statements were approved by the members on 02 June 2020 and signed on their behalf by:
2 of 4
For the year ended 30 November 2019
J & L PROPERTIES (HULL) LLP
Notes to the Financial Statements
Statutory Information
J
&
L PROPERTIES
(
HULL
)
LLP is a limited liability partnership
,
domiciled in England and Wales
,
registration
|
number OC
332794
.
|
The Carriage House
74A Southfield
Hessle
East Yorkshire
HU13 0EU
The presentation currency is £ sterling
.
|
Basis of preparation
The report and financial statements for the year ended
30
November
2019
have been prepared under the historical
|
cost convention and in accordance with the Section
1
A of Financial Reporting Standard
102
'
The Financial Reporting
|
Standard applicable in the UK and Republic of Ireland
'
and the Statement of Recommended Practice
"
Accounting by
|
Limited Liability Partnerships
".
|
Turnover
Turnover comprises the value of sales (excluding VAT and similar taxes and trade discounts) of goods and services in the normal course of business.
|
Depreciation of tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
No depreciation is provided on the LLP
''
s freehold properties since in the opinion of the members the expected
|
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
|
would be immaterial
.
The members undertake an annual impairment review of these properties
.
|
2
.
Interest payable and similar charges
|
2019
2018
Interest payable on bank borrowing
|
12,257
12,638
3
.
Property
,
plant and equipment
|
1,070,838
1,070,838
1,070,838
1,070,838
3 of 4
For the year ended 30 November 2019
J & L PROPERTIES (HULL) LLP
Notes to the Financial Statements Continued
4
.
Trade and other payables
:
amounts falling due within one year
|
2018
2019
52,800
52,800
1
-
594
954
53,395
53,754
5
.
Trade and other payables
:
amounts falling due after more than one year
|
2019
2018
343,326
287,055
6
.
Loans and other debts due to members
|
2018
2019
300,192
299,238
300,192
299,238
7
.
Average number of persons employed
|
During the year the average number of employees was 0
4 of 4