REGISTERED NUMBER: OC453988 (England and Wales)

Unaudited Financial Statements

for the Period

3rd October 2024 to 31st March 2025

for

Arietis Estates LLP

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

5

549

Investment property

6

200,351

200,900

CURRENT ASSETS

Debtors

9,866

Cash at bank

1,150

11,016

NET CURRENT ASSETS

11,016

TOTAL ASSETS LESS CURRENT LIABILITIES

211,916

CREDITORS

Amounts falling due after more than one year

139,100

NET ASSETS ATTRIBUTABLE TO MEMBERS

72,816

LOANS AND OTHER DEBTS DUE TO MEMBERS

72,816

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

72,816

Amounts due from members

(9,866

)

62,950

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 period ended 31st 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.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31st March 2025 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 30th October 2025 and were signed by:

Miss J S Conceicao Ornelas - Designated member

1.	STATUTORY INFORMATION

Arietis Estates LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number:

OC453988

Registered office:

London Road

West Kingsdown

Sevenoaks

Kent

TN15 6AR

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

This is the first period that the financial statements have been prepared under FRS 102. The accounting policies applied under the previous reporting framework are not materially different from the recognition and measurement principles set out under FRS 102. Subsequently, the transition to FRS 102 has not impacted on equity or profit and loss for this year or the prior year.

Revenue recognition

Sales comprise the fair value of the consideration received or receivable for the rendering of services in the ordinary course of the company's activities. Sales are presented, net of value-added tax, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the company's activities as follows:

Rental income

Rental income from operating leases (net of any incentives given to the lessees) is recognised when the right to receive payment is established.

Profit shares

Profit share received from companies in which the company is a corporate partner is recognised in the year in which the company is entitled to receive a share of profits.

Tangible fixed assets

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

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.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, such as the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost,

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit and loss.

4.	EMPLOYEE INFORMATION

The average number of employees during the period was 2 .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

Additions

599

At 31st March 2025

599

DEPRECIATION

Charge for period

50

At 31st March 2025

50

NET BOOK VALUE

At 31st March 2025

549

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

200,351

At 31st March 2025

200,351

NET BOOK VALUE

At 31st March 2025

200,351