REGISTERED NUMBER: OC414645 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2024

for

CNMP Properties Partnership LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

C Taylor-Nikzad

CNMP Properties Ltd

REGISTERED OFFICE:

c/o OCG Accountants Ltd

Biz Hub Tees Valley

Belasis Hall Technology Park

Billingham

TS23 4EA

REGISTERED NUMBER:

OC414645 (England and Wales)

ACCOUNTANTS:

OCG Accountants Ltd

Biz Hub Tees Valley

Belasis Hall Technology Park

Coxwold Way

Billingham

Co. Durham

TS23 4EA

FIXED ASSETS

Tangible assets

4

10,877,295

11,007,295

CURRENT ASSETS

Debtors

441,079

46,086

Cash at bank

16,513

75,059

457,592

121,145

CREDITORS

Amounts falling due within one year

5

(10,000

)

(17,757

)

NET CURRENT ASSETS

447,592

103,388

TOTAL ASSETS LESS CURRENT LIABILITIES

11,324,887

11,110,683

CREDITORS

Amounts falling due after more than one year

6

(6,479,587

)

(5,599,054

)

NET ASSETS ATTRIBUTABLE TO MEMBERS

4,845,300

5,511,629

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

-

5,511,629

MEMBERS' OTHER INTERESTS

Capital accounts

4,845,300

-

4,845,300

5,511,629

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

-

5,511,629

Members' other interests

4,845,300

-

Amounts due from members

(441,079

)

(46,086

)

4,404,221

5,465,543

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 31st March 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 9th September 2025 and were signed by:

C Taylor-Nikzad - Designated member

1.	STATUTORY INFORMATION

CNMP Properties Partnership 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 as modified by the revaluation of certain assets.

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.

Land and buildings

-

in accordance with the property

HIRE PURCHASE AND LEASING COMMITMENTS

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST OR VALUATION

At 1st April 2023

11,007,295

Revaluations

(130,000

)

At 31st March 2024

10,877,295

NET BOOK VALUE

At 31st March 2024

10,877,295

At 31st March 2023

11,007,295

Cost or valuation at 31st March 2024 is represented by:

Land and

buildings

£

Valuation in 2023

455,000

Valuation in 2024

(130,000

)

Cost

10,552,295

10,877,295

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

-

7,757

Other creditors

10,000

10,000

10,000

17,757

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 2-5 years

-

29,691

Mortgages

6,479,587

5,569,363

6,479,587

5,599,054

7.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Mortgages

6,479,587

5,569,363

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Members rank ahead of other creditors in liquidation.