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REGISTERED NUMBER: OC441449 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2023 TO 30 APRIL 2024

FOR

CJ MUSCAT PROPERTIES MK LLP

CJ MUSCAT PROPERTIES MK LLP (REGISTERED NUMBER: OC441449)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 30 APRIL 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CJ MUSCAT PROPERTIES MK LLP

GENERAL INFORMATION
FOR THE PERIOD 1 APRIL 2023 TO 30 APRIL 2024







DESIGNATED MEMBERS: Miss N Muscat
C J Muscat
A D Muscat





REGISTERED OFFICE: C/O Reception, Icentre
Howard Way
Newport, Pagnell
Buckinghamshire
MK16 9PY





REGISTERED NUMBER: OC441449 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

CJ MUSCAT PROPERTIES MK LLP (REGISTERED NUMBER: OC441449)

BALANCE SHEET
30 APRIL 2024

30.4.24 31.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 16,344,649 16,047,527

CURRENT ASSETS
Debtors 5 1,225,553 1,359,073
Cash at bank and in hand 209,493 871,564
1,435,046 2,230,637
CREDITORS
Amounts falling due within one year 6 (890,337 ) (818,591 )
NET CURRENT ASSETS 544,709 1,412,046
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,889,358

17,459,573

CREDITORS
Amounts falling due after more than one
year

7

(5,135,154

)

(5,611,839

)
NET ASSETS ATTRIBUTABLE TO
MEMBERS

11,754,204

11,847,734

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

11,754,204

11,847,734

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 11,754,204 11,847,734
Amounts due from members 5 (153,709 ) (45,640 )
11,600,495 11,802,094

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 30 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.

CJ MUSCAT PROPERTIES MK LLP (REGISTERED NUMBER: OC441449)

BALANCE SHEET - continued
30 APRIL 2024


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 22 January 2025 and were signed by:





C J Muscat - Designated member

CJ MUSCAT PROPERTIES MK LLP (REGISTERED NUMBER: OC441449)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 30 APRIL 2024

1. STATUTORY INFORMATION

CJ Muscat Properties MK 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 15% on reducing balance

3. EMPLOYEE INFORMATION

The average number of employees during the period was 14 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2023 15,666,071 121,742 157,119
Additions 388,691 - 350
Disposals - - -
At 30 April 2024 16,054,762 121,742 157,469
DEPRECIATION
At 1 April 2023 - 18,261 23,568
Charge for period - 15,522 20,085
Eliminated on disposal - - -
At 30 April 2024 - 33,783 43,653
NET BOOK VALUE
At 30 April 2024 16,054,762 87,959 113,816
At 31 March 2023 15,666,071 103,481 133,551

CJ MUSCAT PROPERTIES MK LLP (REGISTERED NUMBER: OC441449)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 30 APRIL 2024

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 49,157 120,754 16,114,843
Additions - - 389,041
Disposals (47,957 ) - (47,957 )
At 30 April 2024 1,200 120,754 16,455,927
DEPRECIATION
At 1 April 2023 7,374 18,113 67,316
Charge for period 153 15,396 51,156
Eliminated on disposal (7,194 ) - (7,194 )
At 30 April 2024 333 33,509 111,278
NET BOOK VALUE
At 30 April 2024 867 87,245 16,344,649
At 31 March 2023 41,783 102,641 16,047,527

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 31.3.23
£    £   
Trade debtors 123,457 425,358
Other debtors 1,102,096 933,715
1,225,553 1,359,073

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 31.3.23
£    £   
Trade creditors 35,584 17,662
Social security and other taxes 5,363 5,321
VAT 149,062 125,446
Other creditors 569,740 482,501
Accruals and deferred income 83,278 65,390
Accrued expenses 47,310 122,271
890,337 818,591

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 31.3.23
£    £   
Bank loans - 2-5 years 3,654,850 3,654,850
Bank loans more 5 yr by instal 1,480,304 1,956,989
5,135,154 5,611,839

CJ MUSCAT PROPERTIES MK LLP (REGISTERED NUMBER: OC441449)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 30 APRIL 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
30.4.24 31.3.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,480,304 1,956,989

8. LOANS AND OTHER DEBTS DUE TO MEMBERS
30.4.24 31.3.23
£    £   
Amounts owed to members in respect of profits 11,754,204 11,847,734

Falling due within one year 11,754,204 11,847,734