REGISTERED NUMBER: OC309094 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Daisy Properties Limited Liability

Partnership

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

S Knight

Mrs S J Knight

REGISTERED OFFICE:

Hillside Court

Canon Pyon

Hereford

Herefordshire

HR4 8PD

REGISTERED NUMBER:

OC309094 (England and Wales)

ACCOUNTANTS:

Pareto Tax & Wealth LLP

The Old Schoolhouse

5-7 Byrom Street

Manchester

M3 4PF

FIXED ASSETS

Tangible assets

4

1,831

2,442

Investment property

5

4,094,042

4,094,042

4,095,873

4,096,484

CURRENT ASSETS

Cash at bank

101,541

219,962

CREDITORS

Amounts falling due within one year

6

66,126

69,747

NET CURRENT ASSETS

35,415

150,215

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

4,131,288

4,246,699

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

3,938,550

4,053,961

MEMBERS' OTHER INTERESTS

Capital accounts

100

100

Revaluation reserve

8

192,638

192,638

4,131,288

4,246,699

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

3,938,550

4,053,961

Members' other interests

192,738

192,738

4,131,288

4,246,699

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 March 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 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 11 September 2025 and were signed by:

S Knight - Designated member

1.	STATUTORY INFORMATION

Daisy Properties Limited Liability Partnership 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 represents rents receivable, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

39,183

DEPRECIATION

At 1 April 2024

36,741

Charge for year

611

At 31 March 2025

37,352

NET BOOK VALUE

At 31 March 2025

1,831

At 31 March 2024

2,442

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

4,094,042

NET BOOK VALUE

At 31 March 2025

4,094,042

At 31 March 2024

4,094,042

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

10,263

10,785

Other creditors

55,863

58,962

66,126

69,747

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Members only take drawings where cash is available and other creditors are not adversely affected.

8.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

192,638

9.	ULTIMATE CONTROLLING PARTY

The LLP is controlled by the designated members.