1 April 2024 false No description of principal activity Taxfiler 2024.6 OC436461business:LimitedLiabilityPartnershipLLP2024-04-012025-03-31 OC4364612024-03-31 OC4364612024-04-012025-03-31 OC436461business:AuditExemptWithAccountantsReport2024-04-012025-03-31 OC436461business:FilletedAccounts2024-04-012025-03-31 OC4364612025-03-31 OC436461business:PartnerLLP12024-04-012025-03-31 OC436461business:PartnerLLP22024-04-012025-03-31 OC436461business:PartnerLLP32024-04-012025-03-31 OC436461business:RegisteredOffice2024-04-012025-03-31 OC4364612024-03-31 OC436461core:WithinOneYear2025-03-31 OC436461core:WithinOneYear2024-03-31 OC436461core:RetainedEarningsAccumulatedLosses2025-03-31 OC436461core:RetainedEarningsAccumulatedLosses2024-03-31 OC436461business:SmallEntities2024-04-012025-03-31 OC436461countries:EnglandWales2024-04-012025-03-31 OC4364612023-04-012024-03-31 iso4217:GBP xbrli:pure
Registered No. OC436461 (England and Wales)
SHABIZA PROPERTIES LLP Unaudited accounts for the year ended 31 March 2025
SHABIZA PROPERTIES LLP LLP Information for the year ended 31 March 2025
Designated members
Mr Bazlur Rashid
Ms Farhana Rashid
Mrs Momtaz Rashid
Registered Number
OC436461 (England and Wales)
Registered Office
64 West Hill Wembley London HA9 9RS England
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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SHABIZA PROPERTIES LLP Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Investment property
3
1,045,000 
1,045,000 
Creditors: amounts falling due within one year
4
(518,479)
(519,151)
Net current liabilities
(518,479)
(519,151)
Net assets attributable to members
526,521 
525,849 
Represented by:
Loans and other debts due to members
5
509,997 
509,324 
Members' other interests
Other reserves
16,524 
16,525 
526,521 
525,849 
Total members' interests
Loans and other debts due to members
509,997 
509,324 
Members' other interests
16,524 
16,525 
526,521 
525,849 
For the year ending 31 March 2025 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 26 June 2025.
Mr Bazlur Rashid Designated member Limited Liability Partnership Registration No. OC436461
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SHABIZA PROPERTIES LLP Notes to the Accounts for the year ended 31 March 2025
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.
Members' remuneration
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense. Members are expected to subscribe a minimum amount of capital and may be invited to contribute more. On retirement, all capital is repaid to the member concerned. Members' shares in the profit or loss for the year available for discretionary division among the members are accounted for as an allocation of that balance. Allocated balances are split between the members with any unallocated balances being included within 'Other reserves'. Members are permitted to make drawings in anticipation of that allocation, subject to the agreement of the other members.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property
Investment properties are revalued annually and any surplus or deficit is dealt with through profit and loss. No depreciation is provided in respect of investment properties.
2
Statutory information
SHABIZA PROPERTIES LLP is a limited liability partnership, incorporated in England and Wales, registration number OC436461. Its registered office is 64 West Hill, Wembley, London, HA9 9RS, England.
3
Investment property
2025 
£ 
Fair value at 1 April 2024
1,045,000 
At 31 March 2025
1,045,000 
4
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Other creditors
517,855 
517,855 
Accruals
624 
1,296 
518,479 
519,151 
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SHABIZA PROPERTIES LLP Notes to the Accounts for the year ended 31 March 2025
5
Loans and other debts due to members
2025 
2024 
£ 
£ 
Loans from members
1,801 
504 
Amounts due to members in respect of profits
508,196 
508,820 
509,997 
509,324 
Amounts falling due within one year
509,997 
509,324 
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 (2024: 0).
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