1 January 2024 false No description of principal activity Taxfiler 2024.6 OC332681business:LimitedLiabilityPartnershipLLP2024-01-012024-12-31 OC3326812023-12-31 OC3326812024-01-012024-12-31 OC332681business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 OC332681business:FilletedAccounts2024-01-012024-12-31 OC3326812024-12-31 OC332681business:PartnerLLP12024-01-012024-12-31 OC332681business:PartnerLLP22024-01-012024-12-31 OC332681business:RegisteredOffice2024-01-012024-12-31 OC3326812023-12-31 OC332681core:WithinOneYear2024-12-31 OC332681core:WithinOneYear2023-12-31 OC332681core:ShareCapital2024-12-31 OC332681core:ShareCapital2023-12-31 OC332681core:RetainedEarningsAccumulatedLosses2024-12-31 OC332681core:RetainedEarningsAccumulatedLosses2023-12-31 OC332681business:SmallEntities2024-01-012024-12-31 OC332681core:FurnitureFittings2024-01-012024-12-31 OC332681countries:EnglandWales2024-01-012024-12-31 OC332681core:LandBuildings2023-12-31 OC332681core:FurnitureFittings2023-12-31 OC332681core:LandBuildings2024-12-31 OC332681core:FurnitureFittings2024-12-31 OC3326812023-01-012023-12-31 iso4217:GBP xbrli:pure
Registered No. OC332681 (England and Wales)
XP PROPERTIES LLP Unaudited accounts for the year ended 31 December 2024
XP PROPERTIES LLP LLP Information for the year ended 31 December 2024
Designated members
Stipenda Ireland Ltd
Solomon Williams
Registered Number
OC332681 (England and Wales)
Registered Office
XP House One Tournament Court Warwick CV34 6LG
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XP PROPERTIES LLP Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3
295,722 
295,722 
Current assets
Debtors
5,240 
5,240 
Cash at bank and in hand
79,660 
33,870 
84,900 
39,110 
Creditors: amounts falling due within one year
4
(112,323)
(93,703)
Net current liabilities
(27,423)
(54,593)
Net assets attributable to members
268,299 
241,129 
Represented by:
Loans and other debts due to members
5
46,204 
46,204 
Members' other interests
Members' capital classified as equity
100,000 
100,000 
Other reserves
122,095 
94,925 
222,095 
194,925 
268,299 
241,129 
Total members' interests
Loans and other debts due to members
46,204 
46,204 
Members' other interests
222,095 
194,925 
268,299 
241,129 
For the year ending 31 December 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 8 September 2025.
Solomon Williams Designated member Limited Liability Partnership Registration No. OC332681
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XP PROPERTIES LLP Notes to the Accounts for the year ended 31 December 2024
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
10%
2
Statutory information
XP PROPERTIES LLP is a limited liability partnership, incorporated in England and Wales, registration number OC332681. Its registered office is XP House One Tournament Court, Warwick, CV34 6LG.
3
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
295,722 
141,871 
437,593 
At 31 December 2024
295,722 
141,871 
437,593 
Depreciation
At 1 January 2024
- 
141,871 
141,871 
At 31 December 2024
- 
141,871 
141,871 
Net book value
At 31 December 2024
295,722 
- 
295,722 
At 31 December 2023
295,722 
- 
295,722 
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
(325)
(325)
Trade creditors
40,187 
41,045 
Taxes and social security costs
(4,007)
(3,824)
Other creditors
(36)
(3,854)
Accruals
76,504 
60,661 
112,323 
93,703 
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XP PROPERTIES LLP Notes to the Accounts for the year ended 31 December 2024
5
Loans and other debts due to members
2024 
2023 
£ 
£ 
Amounts due to members in respect of profits
46,204 
46,204 
Amounts falling due within one year
46,204 
46,204 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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