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REGISTERED NUMBER: OC449940 (England and Wales)









SADEK INVESTMENTS LLP

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 14 NOVEMBER 2023 TO 5 APRIL 2024






SADEK INVESTMENTS LLP (REGISTERED NUMBER: OC449940)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 14 NOVEMBER 2023 TO 5 APRIL 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SADEK INVESTMENTS LLP

GENERAL INFORMATION
FOR THE PERIOD 14 NOVEMBER 2023 TO 5 APRIL 2024







DESIGNATED MEMBERS: A El Sadek
Mrs D El Sadek





REGISTERED OFFICE: Station House
North Street
Havant
Hampshire
PO9 1QU





REGISTERED NUMBER: OC449940 (England and Wales)





ACCOUNTANTS: Morris Crocker
Chartered Accountants
Station House
North Street
Havant
Hampshire
PO9 1QU

SADEK INVESTMENTS LLP (REGISTERED NUMBER: OC449940)

BALANCE SHEET
5 APRIL 2024

Notes £    £   
FIXED ASSETS
Investment property 4 2,750,000

CURRENT ASSETS
Cash in hand 29,878

CREDITORS
Amounts falling due within one year 5 1,200
NET CURRENT ASSETS 28,678
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

2,778,678

LOANS AND OTHER DEBTS DUE TO
MEMBERS

6

2,778,678

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 2,778,678

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 period ended 5 April 2024.

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.

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 20 August 2024 and were signed by:





A El Sadek - Designated member

SADEK INVESTMENTS LLP (REGISTERED NUMBER: OC449940)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 14 NOVEMBER 2023 TO 5 APRIL 2024

1. STATUTORY INFORMATION

Sadek Investments 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the total value of rents received from the rental properties during the period.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEE INFORMATION

The average number of employees during the period was NIL.

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 2,750,000
At 5 April 2024 2,750,000
NET BOOK VALUE
At 5 April 2024 2,750,000

Fair value at 5 April 2024 is represented by:
£   
Cost 2,750,000

If investment property had not been revalued it would have been included at the following historical cost:

£   
Cost 2,750,000

Investment property was valued on an open market basis on 5 April 2024 by the directors .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 1,200

6. LOANS AND OTHER DEBTS DUE TO MEMBERS

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