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REGISTERED NUMBER: SO303515 (Scotland)













YOSEF INVESTMENT LLP

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018






YOSEF INVESTMENT LLP (REGISTERED NUMBER: SO303515)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018










Page

General Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

YOSEF INVESTMENT LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DESIGNATED MEMBERS: Dr H M Yosef
Mrs S M Yosef
S H M Yosef
Miss S Yosef
S H M Yosef





REGISTERED OFFICE: c/o Hardie Caldwell LLP
Citypoint 2
25 Tyndrum Street
Glasgow
G4 0JY





REGISTERED NUMBER: SO303515 (Scotland)





ACCOUNTANTS: Hardie Caldwell LLP
Chartered Accountants
Citypoint 2
25 Tyndrum Street
Glasgow
G4 0JY

YOSEF INVESTMENT LLP (REGISTERED NUMBER: SO303515)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 - -
Investment property 4 600,000 600,000
600,000 600,000

CURRENT ASSETS
Cash at bank 47,129 40,090

CREDITORS
Amounts falling due within one year 5 2,540 1,925
NET CURRENT ASSETS 44,589 38,165
TOTAL ASSETS LESS CURRENT
LIABILITIES

and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

644,589

638,165

LOANS AND OTHER DEBTS DUE TO
MEMBERS

6

526,847

520,423

MEMBERS' OTHER INTERESTS
Investment property reserve 7 117,742 117,742
644,589 638,165

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 526,847 520,423
Members' other interests 117,742 117,742
644,589 638,165

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2018.

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 affairs of the LLP as at the end of
each financial year and of its profit or loss for each financial 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 Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations
2008 relating to financial statements, so far as applicable to the LLP.

YOSEF INVESTMENT LLP (REGISTERED NUMBER: SO303515)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP on 15 November 2018 and were signed by:





Dr H M Yosef - Designated member

YOSEF INVESTMENT LLP (REGISTERED NUMBER: SO303515)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018


1. STATUTORY INFORMATION

Yosef Investment LLP is registered in Scotland. The LLP's registered number is SO303515 and its registered
office is Citypoint 2, 25 Tyndrum Street, Glasgow, G4 0JY.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Revenue recognition
Turnover is measured at fair value of the consideration received or receivable.

Turnover represents property letting income recognised on a receivables basis. Income is recognised when a
rental invoice is sent to the tenant.

Tangible fixed assets
Depreciation of fixed assets is calculated to write off the cost or valuation less any residual value over their
estimated useful lives as follows:

Fixtures & fittings25% straight line

Investment property
Investment property is included at fair value- Gains are recognised on the income statement.

Financial instruments

Cash and cash equivalents
Cash and cash equivalents in the balance sheet comprise cash on hand and cash at bank with a short term of
maturity, being twelve months or less, from the opening of the deposit or similar account.

3. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2017
and 31 March 2018 2,881
DEPRECIATION
At 1 April 2017
and 31 March 2018 2,881
NET BOOK VALUE
At 31 March 2018 -

YOSEF INVESTMENT LLP (REGISTERED NUMBER: SO303515)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


4. INVESTMENT PROPERTY

Total
£   
FAIR VALUE
At 1 April 2017600,000
Fair value movement-
As at 31 March 2018600,000

The investment properties were valued by the directors at fair value as at 31 March 2018.


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Other creditors 2,540 1,925

6. LOANS AND OTHER DEBTS DUE TO MEMBERS
2018 2017
£    £   
Amounts owed to members in respect of profits 526,847 520,423

Falling due within one year 526,847 520,423

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a
winding up. There is no provision for specific legally enforceable protection afforded to creditors in such an
event. There are no restrictions or limitations on the ability of the members to reduce the amount of 'Members'
other interests'.

7. RESERVES
Investment
property
reserve
£   
At 1 April 2017 117,742
At 31 March 2018 117,742

CHARTERED ACCOUNTANTS' REPORT TO THE MEMBERS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
YOSEF INVESTMENT LLP


The following reproduces the text of the report prepared for the members in respect of the LLP's annual
unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a
Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary
statements and the Report of the Members are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability
Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your
approval the financial statements of Yosef Investment LLP for the year ended 31 March 2018 which comprise the
Income Statement, Other Comprehensive Income, Statement of Financial Position, Reconciliation of Members' Interests
and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the members of Yosef Investment LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Yosef Investment LLP and state those matters that we have agreed to state to the members of Yosef Investment LLP, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Yosef Investment LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Yosef Investment LLP. You consider that Yosef Investment LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Yosef Investment LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Hardie Caldwell LLP
Chartered Accountants
Citypoint 2
25 Tyndrum Street
Glasgow
G4 0JY


15 November 2018