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REGISTERED NUMBER: OC442112 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 28 APRIL 2022 TO 30 APRIL 2023

FOR

ARB GROUP PARTNERSHIP LLP

ARB GROUP PARTNERSHIP LLP (REGISTERED NUMBER: OC442112)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 28 APRIL 2022 TO 30 APRIL 2023










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ARB GROUP PARTNERSHIP LLP

GENERAL INFORMATION
FOR THE PERIOD 28 APRIL 2022 TO 30 APRIL 2023







DESIGNATED MEMBERS: A R Bennett
A R Bennett





REGISTERED OFFICE: 4 Office Village
Forder Way
Cygnet Park
Peterborough
Cambridgeshire
PE7 8GX





REGISTERED NUMBER: OC442112 (England and Wales)





ACCOUNTANTS: TC CH Limited
4 Office Village
Forder Way
Cygnet Park, Hampton
Peterborough
Cambridgeshire
PE7 8GX

ARB GROUP PARTNERSHIP LLP (REGISTERED NUMBER: OC442112)

BALANCE SHEET
30 APRIL 2023

Notes £    £   
FIXED ASSETS
Investment property 4 13,336,447

CREDITORS
Amounts falling due within one year 5 205,816
NET CURRENT LIABILITIES (205,816 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,130,631

CREDITORS
Amounts falling due after more than one
year

6

7,000,000
NET ASSETS ATTRIBUTABLE TO
MEMBERS

6,130,631

LOANS AND OTHER DEBTS DUE TO
MEMBERS

9

6,130,631

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 9 6,130,631

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 2023.

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 31 January 2025 and were signed by:





A R Bennett - Designated member

ARB GROUP PARTNERSHIP LLP (REGISTERED NUMBER: OC442112)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 28 APRIL 2022 TO 30 APRIL 2023


1. STATUTORY INFORMATION

ARB Group Partnership 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.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

No significant judgements (apart from those involving estimations) have been made by management in the process of applying the entity's accounting policies and preparing these financial statements.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There have been no key assumptions or there sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

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.

Financial instruments
The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost.

Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments and are measured at amortised cost. Taxation and social security and not included in the financial instruments disclosure definition.

Debtors
Short term debtors are initially measured at transaction price less attributable costs and then subsequently measured at amortised costs using EIR. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are initially measured at transaction price less attributable costs. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEE INFORMATION

The average number of employees during the period was 2 .

ARB GROUP PARTNERSHIP LLP (REGISTERED NUMBER: OC442112)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 28 APRIL 2022 TO 30 APRIL 2023


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 13,336,447
At 30 April 2023 13,336,447
NET BOOK VALUE
At 30 April 2023 13,336,447

Fair value at 30 April 2023 is represented by:
£   
Cost 13,336,447

If the investment properties had not been revalued they would have been included at the following historical cost:

£   
Cost 13,336,447

Investment properties were valued on an open market basis on 30 April 2023 by the director .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts (see note 7) 155,816
Other creditors 50,000
205,816

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Other creditors 7,000,000

7. LOANS

An analysis of the maturity of loans is given below:

£   
Amounts falling due within one year or on demand:
Bank loans - less than 1 yr 155,816
Loans 50,000
205,816

Amounts falling due between one and two years:
Loans 7,000,000

8. SECURED DEBTS

The following secured debts are included within creditors:

£   
Investment properties 155,816

ARB GROUP PARTNERSHIP LLP (REGISTERED NUMBER: OC442112)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 28 APRIL 2022 TO 30 APRIL 2023


9. LOANS AND OTHER DEBTS DUE TO MEMBERS
£   
Amounts owed to members in respect of profits 6,130,631

Falling due within one year 6,130,631

Loans and debts due to members are ranked equally with other unsecured creditors of the partnership.