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SHF PROPERTY INVESTMENTS LLP - Company Information

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SHF Property Investments LLP

Registered Number:OC386143

For the year ended 30 June 2020

England and Wales

Report of the Members and Unaudited Financial Statements

For the year ended 30 June 2020

SHF Property Investments LLP

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

OC386143

Registered Number :

As at 30 June 2020

SHF Property Investments LLP

Statement of Financial Position

2019

2020

Notes

Fixed assets

Property, plant and equipment

51,765

53,812

51,765

53,812

Current assets

Inventories

505,427

63,110

Trade and other receivables

1,236,656

1,864,271

9,611

47,939

Cash and cash equivalents

1,936,992

1,790,022

Trade and other payables: amounts falling due within one

year

(1,655,561)

(1,717,441)

134,461

219,551

Net current assets

Total assets less current liabilities

271,316

188,273

271,316

Net assets attributable to members

188,273

Represented by:

Loans and other debts due to members

188,273

105,955

Members' other interests

Other reserves

83,043

82,318

83,043

82,318

271,316

188,273

Total members' interests

Loans and other debts due to members

188,273

105,955

Members' other interests

83,043

82,318

271,316

188,273

For the year ended 30 June 2020 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.

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OC386143

Registered Number :

For the year ended 30 June 2020

SHF Property Investments LLP

Statement of Financial Position Continued

Mr Jahid AkbarDesignated Member Director

These financial statements were approved by the members on 28 June 2021 and signed on their behalf by:

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For the year ended 30 June 2020

SHF Property Investments LLP

Notes to the Financial Statements

1. Accounting policies

Statutory Information

SHF Property Investments LLP is a limited liability partnership, domiciled in England and Wales, registration number

OC386143.

Principal place of business:

Ram Mill

Gordon Street

Chadderton

Oldham

OL9 9RE

Registered address:

39-40 Skylines Village

Limeharbour, Docklands

London

E14 9TS

The presentation currency is £ sterling.

Basis of preparation

The report and financial statements for the year ended 30 June 2020 have been prepared under the historical cost

convention and in accordance with the Section 1A 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".

Taxation

Taxation on all the LLP's profits is solely the personal liability of individual members and is not dealt with in these

financial statements.

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:

Plant and machinery

15 Reducing balance

25% Straight line

Fixtures and fittings

Stock

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

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For the year ended 30 June 2020

SHF Property Investments LLP

Notes to the Financial Statements Continued

2. Property, plant and equipment

Total

Fixtures and

fittings

Plant and

machinery

Cost or

valuation

At 01 July 2019

95,426

12,500

Additions

At 30 June 2020

12,500

95,426

107,926

Provision for depreciation and impairment

At 01 July 2019

41,614

Charge for year

14,547

13,453

1,094

At 30 June 2020

56,161

55,067

1,094

At 30 June 2020

Net book value

11,406

40,359

51,765

At 30 June 2019

53,812

3. Trade and other receivables

2020

2019

Trade debtors

837,514

602,730

Taxation and social securities

28,684

15,256

Other debtors

998,073

618,670

1,864,271

1,236,656

4. Trade and other payables: amounts falling due within one year

2019

2020

Trade creditors

118,415

246,077

Other creditors

1,599,026

1,409,484

1,717,441

1,655,561

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For the year ended 30 June 2020

SHF Property Investments LLP

Notes to the Financial Statements Continued

5. Loans and other debts due to members

2019

2020

Amounts due to members in respect of profits

188,273

105,955

188,273

105,955

6. Average number of persons employed

During the year the average number of employees was 0

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