REGISTERED NUMBER: OC312713 (England and Wales)

Unaudited Financial Statements

for the Year Ended 5 April 2025

for

The St.quinton LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

S E St Quinton

Mrs P G St Quinton

D S St. Quinton

Mrs L K Hamzic

REGISTERED OFFICE:

6 Newbegin

Beverley

North Humberside

HU17 8EG

REGISTERED NUMBER:

OC312713 (England and Wales)

ACCOUNTANTS:

APT

44 The Pantiles

Tunbridge Wells

Kent

TN2 5TN

FIXED ASSETS

Tangible assets

4

57,826

10,589

Investment property

5

2,580,000

2,602,600

2,637,826

2,613,189

CURRENT ASSETS

Debtors

6

264,697

250,050

Cash at bank

123,142

170,478

387,839

420,528

CREDITORS

Amounts falling due within one year

7

34,519

48,102

NET CURRENT ASSETS

353,320

372,426

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

2,991,146

2,985,615

LOANS AND OTHER DEBTS DUE TO MEMBERS

-

-

MEMBERS' OTHER INTERESTS

Capital accounts

2,991,146

2,985,615

2,991,146

2,985,615

TOTAL MEMBERS' INTERESTS

Members' other interests

2,991,146

2,985,615

Amounts due from members

6

(154,697

)

(140,050

)

2,836,449

2,845,565

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 5 April 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 26 September 2025 and were signed by:

S E St Quinton - Designated member

1.	STATUTORY INFORMATION

The St.quinton 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

The functional and presentational currency of the LLP is pounds sterling. Monetary amounts in these financial statements are rounded to the nearest £1, except where otherwise indicated.

Going concern

After reviewing the LLP's forecasts and projections, the members have a reasonable expectation that the LLP has adequate resources to continue in operational existence for the foreseeable future. The LLP therefore continues to adopt the going concern basis in preparing its financial statements.

Turnover

Turnover from rents received is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Other income

Interest income, including income arising from finance leases and other financial instruments, is recognised using the effective interest method. Dividend income and profit share income is recognised when the right to receive payment is established.

Significant judgements and estimates

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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

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.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

Investments

Investments are shown at fair value or where fair value cannot be readily ascertained at cost less impairment.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Provision for liabilities

Provisions are recognised when the LLP has a present obligation (legal or constructive) as a result of a past event, it is probable that the LLP will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value using a pre-tax discount rate. The unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 6 April 2024

78,626

Additions

60,537

Disposals

(7,463

)

At 5 April 2025

131,700

DEPRECIATION

At 6 April 2024

68,037

Charge for year

5,837

At 5 April 2025

73,874

NET BOOK VALUE

At 5 April 2025

57,826

At 5 April 2024

10,589

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 6 April 2024

2,602,600

Impairments

(22,600

)

At 5 April 2025

2,580,000

NET BOOK VALUE

At 5 April 2025

2,580,000

At 5 April 2024

2,602,600

Fair value at 5 April 2025 is represented by:

£

Valuation in 2021

221,729

Valuation in 2023

33,463

Valuation in 2025

(22,600

)

Cost

2,347,408

2,580,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

5.4.24

£

£

Other debtors

264,697

250,050

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

5.4.24

£

£

Taxation and social security

3,048

2,004

Other creditors

31,471

46,098

34,519

48,102

8.	RELATED PARTY DISCLOSURES

As at 31 March 2025 £264,697 (2024: £110,000) was owed from companies connected with key management personnel. The loans are interest free and are repayable on demand.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is S E St Quinton.