REGISTERED NUMBER: OC428237 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

De Montfort Street LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

V N Popat

N Popat

N Thakkar

REGISTERED OFFICE:

3 - 5 College Street

Nottingham

Nottinghamshire

NG1 5AQ

REGISTERED NUMBER:

OC428237 (England and Wales)

FIXED ASSETS

Investment property

4

2,561,128

2,550,000

CURRENT ASSETS

Debtors

5

106,655

161,912

Cash at bank

4,053

2,633

110,708

164,545

CREDITORS

Amounts falling due within one year

6

(12,541

)

(118,184

)

NET CURRENT ASSETS

98,167

46,361

TOTAL ASSETS LESS CURRENT LIABILITIES

2,659,295

2,596,361

CREDITORS

Amounts falling due after more than one year

7

(1,578,000

)

(1,578,000

)

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,081,295

1,018,361

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

1,081,295

1,018,361

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

1,081,295

1,018,361

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 July 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 15 September 2025 and were signed by:

V N Popat - Designated member

1.	STATUTORY INFORMATION

De Montfort Street 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.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

2,550,000

Additions

11,128

At 31 July 2025

2,561,128

NET BOOK VALUE

At 31 July 2025

2,561,128

At 31 July 2024

2,550,000

Fair value at 31 July 2025 is represented by:

£

Valuation in 2024

300,000

Cost

2,261,128

2,561,128

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

106,655

161,912

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

3,600

Trade creditors

-

855

Other creditors

12,541

113,729

12,541

118,184

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,578,000

1,578,000

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,575,000

1,575,000

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.