IRIS Accounts Production v25.3.0.601 OC424868 designated member 1.4.24 31.3.25 31.3.25 0 0 false true false false true false 0 0 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh OC424868 2024-03-31 OC424868 2025-03-31 OC424868 2024-04-01 2025-03-31 OC424868 2023-03-31 OC424868 2023-04-01 2024-03-31 OC424868 2024-03-31 OC424868 ns15:EnglandWales 2024-04-01 2025-03-31 OC424868 ns14:PoundSterling 2024-04-01 2025-03-31 OC424868 ns10:PartnerLLP1 2024-04-01 2025-03-31 OC424868 ns10:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC424868 ns10:SmallEntities 2024-04-01 2025-03-31 OC424868 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC424868 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC424868 ns10:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC424868 ns10:FullAccounts 2024-04-01 2025-03-31 OC424868 ns10:RegisteredOffice 2024-04-01 2025-03-31 OC424868 ns5:CurrentFinancialInstruments 2025-03-31 OC424868 ns5:CurrentFinancialInstruments 2024-03-31 OC424868 ns5:Non-currentFinancialInstruments 2025-03-31 OC424868 ns5:Non-currentFinancialInstruments 2024-03-31 OC424868 ns5:RevaluationReserve 2025-03-31 OC424868 ns5:RevaluationReserve 2024-03-31 OC424868 ns5:LandBuildings 2024-03-31 OC424868 ns5:LandBuildings 2025-03-31 OC424868 ns5:LandBuildings 2024-03-31 OC424868 ns5:Non-currentFinancialInstruments ns5:MoreThanFiveYears 2025-03-31 OC424868 ns5:Non-currentFinancialInstruments ns5:MoreThanFiveYears 2024-03-31 OC424868 ns5:RevaluationReserve 2024-03-31

REGISTERED NUMBER: OC424868 (England and Wales)

REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

R BRAR LLP

| R BRAR LLP (REGISTERED NUMBER: OC424868) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

| General Information | 1 |

| Report of the Members | 2 |

| Income Statement | 3 |

| Balance Sheet | 4 |

| Notes to the Financial Statements | 6 |

| R BRAR LLP |

GENERAL INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DESIGNATED MEMBERS: | R S Brar

| Mrs R K Brar

| REGISTERED OFFICE: | 114 - 116 Goodmayes Road

| Ilford

| Essex

| IG3 9UZ

| REGISTERED NUMBER: | OC424868 (England and Wales)

| ACCOUNTANTS: | Ashfords Partnership LLP

| 114 - 116 Goodmayes Road

| Ilford

| Essex

| IG3 9UZ

| R BRAR LLP (REGISTERED NUMBER: OC424868) |

REPORT OF THE MEMBERS

FOR THE YEAR ENDED 31 MARCH 2025

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 property investment and management.

DESIGNATED MEMBERS

The designated members during the year under review were:

R S Brar

Mrs R K Brar

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £983 (2024 - £21,767 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

R S Brar - Designated member

6 October 2025

| R BRAR LLP (REGISTERED NUMBER: OC424868) |

INCOME STATEMENT

FOR THE YEAR ENDED 31 MARCH 2025

| 31.3.25 |  | 31.3.24

£ | £ |

TURNOVER | 57,748 |  | 55,816 |  |

Administrative expenses | 28,956 |  | 13,762 |  |

OPERATING PROFIT | 28,792 |  | 42,054 |  |

Interest payable and similar expenses | 27,809 |  | 20,287 |  |

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS | 983 |  | 21,767 |  |

| R BRAR LLP (REGISTERED NUMBER: OC424868) |

BALANCE SHEET

31 MARCH 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 974,000 |  | 974,000 |  |

CURRENT ASSETS

Debtors | 2,296 |  | 1,038 |  |

Cash at bank and in hand | 2,487 |  | 3,727 |  |

4,783 |  | 4,765 |  |

CREDITORS

Amounts falling due within one year | 5 | 3,938 |  | 4,116 |  |

NET CURRENT ASSETS | 845 |  | 649 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 974,845 |  | 974,649 |  |

CREDITORS

Amounts falling due after more than one year | 6 | 681,660 |  | 681,660 |  |

NET ASSETS ATTRIBUTABLE TO MEMBERS | 293,185 |  | 292,989 |  |

LOANS AND OTHER DEBTS DUE TO MEMBERS | 7 | 28,900 |  | 28,704 |  |

MEMBERS' OTHER INTERESTS

Revaluation reserve | 8 | 264,285 |  | 264,285 |  |

293,185 |  | 292,989 |  |

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members | 7 | 28,900 |  | 28,704 |  |

Members' other interests | 264,285 |  | 264,285 |  |

Amounts due from members | (2,296 | ) | (1,038 | ) |

290,889 |  | 291,951 |  |

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.

| R BRAR LLP (REGISTERED NUMBER: OC424868) |

BALANCE SHEET - continued

31 MARCH 2025

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 6 October 2025 and were signed by:

R S Brar - Designated member

| R BRAR LLP (REGISTERED NUMBER: OC424868) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| R Brar 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.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3. | EMPLOYEE INFORMATION

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

4. | TANGIBLE FIXED ASSETS

| Land and

| buildings

£ |

| COST OR VALUATION

| At 1 April 2024

| and 31 March 2025 | 974,000 |  |

| NET BOOK VALUE

| At 31 March 2025 | 974,000 |  |

| At 31 March 2024 | 974,000 |  |

| Cost or valuation at 31 March 2025 is represented by:

| Land and

| buildings

£ |

| Valuation in 2020 | 454,705 |  |

| Cost | 519,295 |  |

974,000 |  |

| R BRAR LLP (REGISTERED NUMBER: OC424868) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Rent Advance Receipt | 1,215 |  | 1,215 |  |

| Accrued expenses | 2,723 |  | 2,901 |  |

3,938 |  | 4,116 |  |

6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| TSB Loan 10A | 119,335 |  | 119,335 |  |

| TSB Loan 10B | 127,893 |  | 127,893 |  |

| Mortgage Works Loan 10C | 237,222 |  | 237,222 |  |

| Mortgage Works Loan 16D Mansf | 197,210 |  | 197,210 |  |

681,660 |  | 681,660 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| TSB Loan 10A | 119,335 |  | 119,335 |  |

| TSB Loan 10B | 127,893 |  | 127,893 |  |

| Mortgage Works Loan 10C | 237,222 |  | 237,222 |  |

| Mortgage Works Loan 16D Mansf | 197,210 |  | 197,210 |  |

681,660 |  | 681,660 |  |

7. | LOANS AND OTHER DEBTS DUE TO MEMBERS |

| Members loans would rank along with other creditors.

8. | RESERVES

| Revaluation

| reserve

£ |

| At 1 April 2024

| and 31 March 2025 | 264,285 |  |