REGISTERED NUMBER: OC376569 (England and Wales)

REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2025

FOR

ACP ESTATES LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DESIGNATED MEMBERS:

S J Coke ACA

J P R Prevost

S Allen

REGISTERED OFFICE:

1 High Street

Thatcham

Berks

RG19 3JG

REGISTERED NUMBER:

OC376569 (England and Wales)

The members present their report with the financial statements of the LLP for the year ended 5 April 2025.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of property owners.

DESIGNATED MEMBERS

The designated members during the year under review were:

S J Coke ACA

J P R Prevost

S Allen

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £16,043 (2024 - £16,408 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

J P R Prevost - Designated member

24 May 2025

TURNOVER

19,200

19,200

Administrative expenses

135

137

OPERATING PROFIT

19,065

19,063

Interest payable and similar expenses

3,022

2,655

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES

16,043

16,408

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES

16,043

16,408

Members' remuneration charged as an expense

4

(16,043

)

(16,408

)

PROFIT FOR THE FINANCIAL YEAR AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

-

-

FIXED ASSETS

Tangible assets

5

244,272

244,272

CURRENT ASSETS

Cash at bank

635

671

CREDITORS

Amounts falling due within one year

6

-

1,302

NET CURRENT ASSETS/(LIABILITIES)

635

(631

)

TOTAL ASSETS LESS CURRENT LIABILITIES

244,907

243,641

CREDITORS

Amounts falling due after more than one year

7

43,786

54,953

NET ASSETS ATTRIBUTABLE TO MEMBERS

201,121

188,688

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

201,121

188,688

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

201,121

188,688

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 5 April 2025.

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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 24 May 2025 and were signed by:

J P R Prevost - Designated member

1.	STATUTORY INFORMATION

ACP Estates 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.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2024 - NIL).

4.	INFORMATION IN RELATION TO MEMBERS

5.4.25

5.4.24

£

£

Members' remuneration charged as an expense

Automatic division of profit

16,043

16,408

5.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 6 April 2024

and 5 April 2025

244,272

NET BOOK VALUE

At 5 April 2025

244,272

At 5 April 2024

244,272

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

5.4.24

£

£

Other creditors

-

1,302

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

5.4.25

5.4.24

£

£

Bank loans

43,786

54,953

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts rank equal with all other unsecured creditors.