IRIS Accounts Production v22.2.0.402 OC350483 designated member 1.4.21 31.3.22 31.3.22 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureOC3504832021-03-31OC3504832022-03-31OC3504832021-04-012022-03-31OC3504832020-03-31OC3504832020-04-012021-03-31OC3504832021-03-31OC350483ns16:EnglandWales2021-04-012022-03-31OC350483ns15:PoundSterling2021-04-012022-03-31OC350483ns11:Director12021-04-012022-03-31OC350483ns11:LimitedLiabilityPartnershipLLP2021-04-012022-03-31OC350483ns11:SmallEntities2021-04-012022-03-31OC350483ns11:AuditExempt-NoAccountantsReport2021-04-012022-03-31OC350483ns11:SmallCompaniesRegimeForAccounts2021-04-012022-03-31OC350483ns11:LimitedLiabilityPartnershipsSORP2021-04-012022-03-31OC350483ns11:FullAccounts2021-04-012022-03-31OC350483ns11:Director22021-04-012022-03-31OC350483ns11:Director32021-04-012022-03-31OC350483ns11:Director52021-04-012022-03-31OC350483ns11:RegisteredOffice2021-04-012022-03-31OC350483ns6:CurrentFinancialInstruments2022-03-31OC350483ns6:CurrentFinancialInstruments2021-03-31OC350483ns6:LeaseholdImprovements2021-04-012022-03-31OC350483ns6:FurnitureFittings2021-04-012022-03-31OC350483ns6:LeaseholdImprovements2021-03-31OC350483ns6:FurnitureFittings2021-03-31OC350483ns6:LeaseholdImprovements2022-03-31OC350483ns6:FurnitureFittings2022-03-31OC350483ns6:LeaseholdImprovements2021-03-31OC350483ns6:FurnitureFittings2021-03-31OC350483ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-31OC350483ns6:WithinOneYearns6:CurrentFinancialInstruments2021-03-31


REGISTERED NUMBER: OC350483 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

CAPITAL REAL ESTATE PARTNERS LLP

CAPITAL REAL ESTATE PARTNERS LLP (REGISTERED NUMBER: OC350483)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CAPITAL REAL ESTATE PARTNERS LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DESIGNATED MEMBERS: N H Fox
Miss V E Shapiro
M P Regan
M K Ridley





REGISTERED OFFICE: The Atrium Business Centre
Curtis Road
Dorking
Surrey
RH4 1XA





REGISTERED NUMBER: OC350483 (England and Wales)





ACCOUNTANTS: Ellis Atkins
Chartered Accountants
The Atrium Business Centre
Curtis Road
Dorking
Surrey
RH4 1XA

CAPITAL REAL ESTATE PARTNERS LLP (REGISTERED NUMBER: OC350483)

BALANCE SHEET
31 MARCH 2022

31/3/22 31/3/21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,819 9,778

CURRENT ASSETS
Debtors 5 1,685,248 515,361
Cash at bank 2,287,641 1,352,522
3,972,889 1,867,883
CREDITORS
Amounts falling due within one year 6 649,650 420,258
NET CURRENT ASSETS 3,323,239 1,447,625
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

3,331,058

1,457,403

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

3,331,058

1,457,403

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 3,331,058 1,457,403

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 2022.

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.

CAPITAL REAL ESTATE PARTNERS LLP (REGISTERED NUMBER: OC350483)

BALANCE SHEET - continued
31 MARCH 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

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 and authorised for issue on 5 September 2022 and were signed by:





N H Fox - Designated member

CAPITAL REAL ESTATE PARTNERS LLP (REGISTERED NUMBER: OC350483)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1. STATUTORY INFORMATION

Capital Real Estate Partners LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax, except in respect of service contracts where turnover is recognised when the LLP obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost
Office equipment - 20% on cost

Government grants
Grants are recognised when the entitlement to the grant is confirmed. Revenue based grants are recognised in the period in which the related costs are incurred.

Pension costs and other post-retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 4 (2021 - 5 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Office
property equipment Totals
£    £    £   
COST
At 1 April 2021 19,500 77,772 97,272
Additions - 1,832 1,832
At 31 March 2022 19,500 79,604 99,104
DEPRECIATION
At 1 April 2021 19,500 67,994 87,494
Charge for year - 3,791 3,791
At 31 March 2022 19,500 71,785 91,285
NET BOOK VALUE
At 31 March 2022 - 7,819 7,819
At 31 March 2021 - 9,778 9,778

CAPITAL REAL ESTATE PARTNERS LLP (REGISTERED NUMBER: OC350483)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/22 31/3/21
£    £   
Trade debtors 1,344,850 409,993
Other debtors 340,398 105,368
1,685,248 515,361

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/22 31/3/21
£    £   
Trade creditors 2,595 33,747
Taxation and social security 344,627 144,112
Other creditors 302,428 242,399
649,650 420,258

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up.