REGISTERED NUMBER: OC428374 (England and Wales)

REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

SKK NANDA LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

Dr S K Nanda

Mrs K A Parmar

Mrs K J Nanda

REGISTERED OFFICE:

217 East India Dock Road

London

E14 0ED

REGISTERED NUMBER:

OC428374 (England and Wales)

ACCOUNTANTS:

Ashfords Partnership LLP

114 - 116 Goodmayes Road

Ilford

Essex

IG3 9UZ

The members present their report with the financial statements of the LLP for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of managing of own real estate

DESIGNATED MEMBERS

The designated members during the year under review were:

Dr S K Nanda

Mrs K A Parmar

Mrs K J Nanda

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The loss for the year before members' remuneration and profit shares was £183,657 (2024 - £37,182 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

Dr S K Nanda - Designated member

23 September 2025

TURNOVER

180,000

180,000

Administrative expenses

5,466

29,988

OPERATING PROFIT

174,534

150,012

Interest payable and similar expenses

358,191

112,830

(LOSS)/PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

(183,657

)

37,182

FIXED ASSETS

Investment property

5

3,500,000

3,500,000

CURRENT ASSETS

Debtors

6

3,354

240,400

Cash at bank

732

10,620

4,086

251,020

CREDITORS

Amounts falling due within one year

7

8,413

6,312

NET CURRENT (LIABILITIES)/ASSETS

(4,327

)

244,708

TOTAL ASSETS LESS CURRENT LIABILITIES

3,495,673

3,744,708

CREDITORS

Amounts falling due after more than one year

8

2,510,911

1,924,490

NET ASSETS ATTRIBUTABLE TO MEMBERS

984,762

1,820,218

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

300

18,180

MEMBERS' OTHER INTERESTS

Capital accounts

984,462

1,802,038

984,762

1,820,218

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

300

18,180

Members' other interests

984,462

1,802,038

984,762

1,820,218

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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 23 September 2025 and were signed by:

Dr S K Nanda - Designated member

1.	STATUTORY INFORMATION

Skk Nanda 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.

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 NIL (2024 - NIL).

4.	IRRECOVERABLE LOAN DEBT

31.3.25

31.3.24

£

£

Irrecoverable loan debt

(237,400

)

-

During the year, the company recognised an exceptional charge of £237,400 in respect of the write-off of amounts due from an associate and fellow group undertakings.

The balances were considered irrecoverable following a review of the financial position of the related entities. Given the size and unusual nature of this write-off, the directors consider it appropriate to disclose the charge separately as an exceptional item to provide a clearer understanding of the company's financial performance.

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

3,500,000

NET BOOK VALUE

At 31 March 2025

3,500,000

At 31 March 2024

3,500,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2019

3,312,202

Cost

187,798

3,500,000

6.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Amounts owed by associates

3,354

240,400

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

8,413

6,312

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

37,359

41,147

Amounts owed to associates

2,473,552

1,883,343

2,510,911

1,924,490

Amounts falling due in more than five years:

Repayable by instalments

Bounce Back loan

37,359

41,147

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank pari pasu in relation to other creditors after secured creditors.