Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 OC428887 BOULTBEE LDN CAPITAL LIMITED BURMAN PROPERTY CAPITAL LIMITED FEARNOCH PROPERTIES LIMITED iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC428887 2023-09-30 OC428887 2024-09-30 OC428887 2023-10-01 2024-09-30 OC428887 frs-core:CurrentFinancialInstruments 2024-09-30 OC428887 frs-core:Non-currentFinancialInstruments 2024-09-30 OC428887 frs-bus:LimitedLiabilityPartnershipLLP 2023-10-01 2024-09-30 OC428887 frs-bus:LimitedLiabilityPartnershipsSORP 2023-10-01 2024-09-30 OC428887 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 OC428887 frs-bus:SmallEntities 2023-10-01 2024-09-30 OC428887 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 OC428887 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 OC428887 frs-countries:EnglandWales 2023-10-01 2024-09-30 OC428887 frs-bus:PartnerLLP1 2023-10-01 2024-09-30 OC428887 frs-bus:PartnerLLP2 2023-10-01 2024-09-30 OC428887 frs-bus:PartnerLLP3 2023-10-01 2024-09-30 OC428887 2022-09-30 OC428887 2023-09-30 OC428887 2022-10-01 2023-09-30 OC428887 frs-core:CurrentFinancialInstruments 2023-09-30 OC428887 frs-core:Non-currentFinancialInstruments 2023-09-30
Registered number: OC428887
Cabul Road Properties LLP
Unaudited Financial Statements
For The Year Ended 30 September 2024
AF TAX SOLUTIONS LTD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC428887
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,617,500 3,625,000
1,617,500 3,625,000
CURRENT ASSETS
Debtors 5 12,013 33,420
Cash at bank and in hand 14,253 15,837
26,266 49,257
Creditors: Amounts Falling Due Within One Year 6 (19,959 ) (15,011 )
NET CURRENT ASSETS (LIABILITIES) 6,307 34,246
TOTAL ASSETS LESS CURRENT LIABILITIES 1,623,807 3,659,246
Creditors: Amounts Falling Due After More Than One Year 7 (1,867,856 ) (2,963,125 )
NET (LIABILITIES)/ASSETS ATTRIBUTABLE TO MEMBERS (244,049 ) 696,121
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability 1,027,954 1,011,680
1,027,954 1,011,680
Equity
Members' other interests
Members' capital 122 122
Revaluation reserve (382,500) 121,050
Other reserves (889,625) (436,731)
(1,272,003) (315,559)
(244,049) 696,121
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 1,027,954 1,011,680
Members' other interests (1,272,003) (315,559)
(244,049) 696,121
Page 1
Page 2
For the year ending 30 September 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.
On behalf of the members
BOULTBEE LDN CAPITAL LIMITED
Designated Member
11/04/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Cabul Road Properties LLP is a limited liability partnership, incorporated in England & Wales, registered number OC428887 . The Registered Office is 117 George Street, London, W1H 7HF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2023: NIL)
- -
4. Investment Property
2024
£
Fair Value
As at 1 October 2023 3,625,000
Disposals (1,500,000 )
Revaluations (507,500)
As at 30 September 2024 1,617,500
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 12,013 33,420
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 7,731 14,381
Other creditors 12,228 630
19,959 15,011
Page 3
Page 4
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 372,000 1,462,000
Other creditors 1,495,856 1,501,125
1,867,856 2,963,125
8. Secured Creditors
Included within creditors falling due after more than one year is a loan from Investec Bank PLC for £372,000 (2023:
£1.462,000). This is denominated in pound sterling with a interest rate of 7.49% (2023: 7.49%) per annum.
The loan is secured by a fixed and floating charge over the assets of the company. It is also secured by a negative pledge
2024 2023
£ £
Bank loans and overdrafts 372,000 1,462,000
9. 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 winding up. Amounts
due within one year totalling £1,027,954 (2023: £1,011,680).
Page 4