SSV Estates LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC430400

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		501,000		490,000

			501,000		490,000
Creditors: Amounts Falling Due Within One Year	5	(1,440 )		(1,439 )

NET CURRENT ASSETS (LIABILITIES)			(1,440 )		(1,439 )

TOTAL ASSETS LESS CURRENT LIABILITIES			499,560		488,561

Creditors: Amounts Falling Due After More Than One Year	6		(19,950 )		(45,464 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			479,610		443,097

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		10,897		-

			10,897		-

Equity
Members' other interests
Members' capital		422,032		407,416
Revaluation reserve		11,000		-
Other reserves		35,681		35,681

			468,713		443,097

			479,610		443,097

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			10,897		-
Members' other interests			468,713		443,097

			479,610		443,097

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Page 2

SSV Estates LLP

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (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 LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr Inderpal Virdee

Designated Member

03/10/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

SSV Estates LLP is a limited liability partnership, incorporated in England & Wales, registered number OC430400 . The Registered Office is 74 Little Ilford Lane, Manor Park, E12 5PN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

No depreciation

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost or Valuation
As at 1 April 2024	490,000
Revaluation	11,000

As at 31 March 2025	501,000

Net Book Value
As at 31 March 2025	501,000

As at 1 April 2024	490,000

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	(1 )
Other creditors	1,440	1,440

	1,440	1,439

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SSV Estates LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	18,190	43,704
Rent deposit	1,760	1,760

	19,950	45,464

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