Registered No. OC432343 (England and Wales)
AMD Real Estate LLP
Unaudited accounts
for the period from 1 July 2020 to 31 March 2021
AMD Real Estate LLP
LLP Information
for the period from 1 July 2020 to 31 March 2021
Designated members
Mr Jonathan Sassoon Kelly
Registered Number
OC432343 (England and Wales)
Registered Office
Hallswelle House
1 Hallswelle Road
London
NW11 0DH
Accountants
GK & CO. LLP
Hallswelle House
1 Hallswelle Road
London
NW11 0DH
AMD Real Estate LLP
Statement of financial position
as at 31 March 2021
Investment property
4,676,432
Cash at bank and in hand
95,911
Creditors: amounts falling due within one year
(5,846)
Net assets attributable to members
4,767,420
Loans and other debts due to members
4,745,486
Loans and other debts due to members
4,745,486
Members' other interests
21,934
For the period ending 31 March 2021 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 31 January 2022.
Mr Jonathan Sassoon Kelly
Designated member
Limited Liability Partnership Registration No. OC432343
AMD Real Estate LLP
Notes to the Accounts
for the period from 1 July 2020 to 31 March 2021
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.
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense.
Members' shares in the profit or loss for the year are accounted for as an allocation of profits. Unallocated profits and losses are included within 'other reserves'.
Investment properties are revalued annually and any surplus or deficit is dealt with through profit and loss. No depreciation is provided in respect of investment properties.
AMD Real Estate LLP is a limited liability partnership, incorporated in England and Wales, registration number OC432343. Its registered office is Hallswelle House , 1 Hallswelle Road , London , NW11 0DH.
At 31 March 2021
4,676,432
4
Creditors: amounts falling due within one year
2021
AMD Real Estate LLP
Notes to the Accounts
for the period from 1 July 2020 to 31 March 2021
5
Loans and other debts due to members
2021
Loans from members
4,745,486
Amounts falling due within one year
4,745,486
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 period the average number of employees was 0.
