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REGISTERED NUMBER: OC418448 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

KTESIUS RESIDENTIAL PROJECTS LLP

KTESIUS RESIDENTIAL PROJECTS LLP (REGISTERED NUMBER: OC418448)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KTESIUS RESIDENTIAL PROJECTS LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DESIGNATED MEMBERS: Ktesius Residential Developments Limited
R W H Masters





REGISTERED OFFICE: Building 1000
Cambridge Research Park
Cambridgeshire
CB25 9PD





REGISTERED NUMBER: OC418448 (England and Wales)






KTESIUS RESIDENTIAL PROJECTS LLP (REGISTERED NUMBER: OC418448)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investments 4 620,000 620,000

CURRENT ASSETS
Debtors 5 348,135 348,135

CREDITORS
Amounts falling due within one year 6 (352,899 ) (352,899 )
NET CURRENT LIABILITIES (4,764 ) (4,764 )
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

615,236

615,236

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

620,000

620,000

MEMBERS' OTHER INTERESTS
Other reserves (4,764 ) (4,764 )
615,236 615,236

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 620,000 620,000
Members' other interests (4,764 ) (4,764 )
615,236 615,236

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 December 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.

KTESIUS RESIDENTIAL PROJECTS LLP (REGISTERED NUMBER: OC418448)

BALANCE SHEET - continued
31 DECEMBER 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 14 July 2025 and were signed by:





Ktesius Residential Developments Limited - Designated member

KTESIUS RESIDENTIAL PROJECTS LLP (REGISTERED NUMBER: OC418448)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. Statutory information

Ktesius Residential Projects 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

Going concern
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.

At the time of approving the financial statements, the members have a reasonable expectation that the limited liability partnership has adequate resources to continue in operational existence for the forseeable future. Thus the members continue to adopt the going concern basis of accounting in preparing the financial statements.

3. Employee information

The average number of employees during the year was NIL (2023 - NIL).

4. Fixed asset investments
Other
investments
£   
Cost
At 1 January 2024
and 31 December 2024 620,000
Net book value
At 31 December 2024 620,000
At 31 December 2023 620,000

The limited liability partnership is a designated member of Astoria Brighton LLP and the investment of £620,000 represents a capital contribution to Astoria Brighton LLP.

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Other debtors 348,135 348,135

Other debtors represent a loan to Astoria Brighton LLP. The loan is unsecured, repayable on demand and interest free.

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Other creditors 352,899 352,899

7. Loans and other debts due to members

In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with secured creditors.

KTESIUS RESIDENTIAL PROJECTS LLP (REGISTERED NUMBER: OC418448)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


8. Related party disclosures

At 31 December 2024 the limited liability partnership was owed £348,135 (2023: £348,135) from Astoria Brighton LLP, a limited liability partnership of which it is a designated member, as detailed in note 5.