Registered No. OC370438 (England and Wales)
ORLEANDO ESTATE LLP
Unaudited accounts
for the year ended 31 December 2022
ORLEANDO ESTATE LLP
LLP Information
for the year ended 31 December 2022
Designated members
Olga Abramson
Registered Number
OC370438 (England and Wales)
Registered Office
Suite 17079 43 Bedford Street,
London,
WC2E 9HA
England.
ORLEANDO ESTATE LLP
Statement of financial position
as at
31 December 2022
Cash at bank and in hand
180,099
Creditors: amounts falling due within one year
(4,933)
Net current assets
11,332,348
Net assets attributable to members
11,337,204
Loans and other debts due to members
11,396,945
Members' capital classified as equity
20,508
Loans and other debts due to members
11,396,945
Members' other interests
(59,741)
For the year ending 31 December 2022 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 21 February 2023.
Irina Levina
Designated member
Limited Liability Partnership Registration No. OC370438
ORLEANDO ESTATE LLP
Notes to the Accounts
for the year ended 31 December 2022
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members' remuneration charged as an expense in the profit and loss account.
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.
Investments in shares are included at fair value.
The financial statements have been prepared on a going concern basis.The members consider the partnership is a going concern and plan to continue to support the partnership
ORLEANDO ESTATE LLP is a limited liability partnership, incorporated in England and Wales, registration number OC370438. Its registered office is Suite 17079 43 Bedford Street,, London,, WC2E 9HA, England..
3
Investments
Other investments
At 31 December 2022
4,856
ORLEANDO ESTATE LLP
Notes to the Accounts
for the year ended 31 December 2022
4
Creditors: amounts falling due within one year
2022
Bank loans and overdrafts
21
5
Loans and other debts due to members
2022
Members' capital classified as a liability
11,392,062
Amounts falling due within one year
11,396,945
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 0.