REGISTERED NUMBER: OC372764 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

10 Marline Avenue LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Tripple Wammey Holdings Limited

P Hyland

Mrs D Hyland

REGISTERED OFFICE:

44 The Pantiles

Tunbridge Wells

Kent

TN2 5TN

REGISTERED NUMBER:

OC372764 (England and Wales)

FIXED ASSETS

Investment property

4

475,000

460,710

CURRENT ASSETS

Debtors

5

1,027

2,188

Cash at bank

73,492

73,267

74,519

75,455

CREDITORS

Amounts falling due within one year

6

360

-

NET CURRENT ASSETS

74,159

75,455

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

549,159

536,165

LOANS AND OTHER DEBTS DUE TO MEMBERS

3,620

-

MEMBERS' OTHER INTERESTS

Capital accounts

545,539

536,165

549,159

536,165

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

3,620

-

Members' other interests

545,539

536,165

549,159

536,165

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 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 31 August 2025 and were signed by:

P Hyland - Designated member

1.	STATUTORY INFORMATION

10 Marline Avenue 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.

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.

Other income

Rental income is recognised on an accruals basis in accordance with the substance of the relevant agreement net of VAT.

3.	EMPLOYEE INFORMATION

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

460,710

Revaluations

14,290

At 31 March 2025

475,000

NET BOOK VALUE

At 31 March 2025

475,000

At 31 March 2024

460,710

Fair value at 31 March 2025 is represented by:

£

Valuation in 2017

35,000

Valuation in 2020

25,000

Valuation in 2022

55,446

Valuation in 2025

14,290

Cost

345,264

475,000

If the investment properties had not been revalued they would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

345,264

345,264

The investment properties were valued on an open market basis on 31 March 2025 by the designated members. .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

1,027

2,188

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

360

-

7.

CURRENCY

The LLP's functional and presentational currency is pounds sterling.