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REGISTERED NUMBER: OC428460 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

MF REAL ESTATE INVESTMENTS LLP

MF REAL ESTATE INVESTMENTS LLP (REGISTERED NUMBER: OC428460)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 AUGUST 2024










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MF REAL ESTATE INVESTMENTS LLP

General Information
FOR THE YEAR ENDED 31 AUGUST 2024







DESIGNATED MEMBERS: Mr Ahmet Cengiz
Mr Asim Cengiz
Mr Ekrem Cengiz
Mr Kazim Cengiz
Mr Mehmet Cengiz
Mr Seref Cengiz





REGISTERED OFFICE: 81 Fulham Road
London
SW3 6RD





REGISTERED NUMBER: OC428460 (England and Wales)





ACCOUNTANTS: ADPL LLP
Chartered Certified Accountants
& Business Advisers
Ernest House
293 Green Lanes
Palmers Green
London
N13 4XS

MF REAL ESTATE INVESTMENTS LLP (REGISTERED NUMBER: OC428460)

Balance Sheet
31 AUGUST 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Investment property 4 42,053,561 42,053,561

CURRENT ASSETS
Cash at bank 535,520 460,586
NET CURRENT ASSETS 535,520 460,586
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

42,589,081

42,514,147

LOANS AND OTHER DEBTS DUE TO
MEMBERS

5

42,589,081

42,514,147

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 5 42,589,081 42,514,147

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 August 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 14 May 2025 and were signed by:





Mr Mehmet Cengiz - Designated member

MF REAL ESTATE INVESTMENTS LLP (REGISTERED NUMBER: OC428460)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 AUGUST 2024


1. STATUTORY INFORMATION

MF Real Estate 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.

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

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 year was NIL (2023 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023
and 31 August 2024 42,053,561
NET BOOK VALUE
At 31 August 2024 42,053,561
At 31 August 2023 42,053,561

5. 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. 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.