REGISTERED NUMBER: OC447418 (England and Wales)

REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

TEDDINGTON PROPERTY GROUP LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Statement of Financial Position

4

Notes to the Financial Statements

5

DESIGNATED MEMBERS:

V Barber

Mrs L S Lawless

REGISTERED OFFICE:

Langley House

Park Road

London

N2 8EY

REGISTERED NUMBER:

OC447418 (England and Wales)

ACCOUNTANTS:

Accura Accountants Ltd

Langley House

Park Road

East Finchley

London

N2 8EY

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 holding investment property

DESIGNATED MEMBERS

The designated members during the year under review were:

V Barber

Mrs L S Lawless

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £135,672 (2024 - £104,906 profit).

MEMBERS' INTERESTS

Members are permitted to drawings in anticipation of the profits which will be allocated to them. The amount of such drawings are reviewed during the financial year, taking into account the anticipated cash needs of the business.

ON BEHALF OF THE MEMBERS:

V Barber - Designated member

5 November 2025

TURNOVER

194,000

151,339

Administrative expenses

(58,328

)

(44,125

)

OPERATING PROFIT

135,672

107,214

Interest payable and similar expenses

-

(2,308

)

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES

135,672

104,906

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES

135,672

104,906

Members' remuneration charged as an expense

4

(135,672

)

(104,906

)

PROFIT FOR THE FINANCIAL YEAR AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

-

-

FIXED ASSETS

Investment property

5

3,600,000

3,600,000

CURRENT ASSETS

Debtors

6

-

9,847

Cash at bank

59,089

44,144

59,089

53,991

CREDITORS

Amounts falling due within one year

7

4,150

1,800

NET CURRENT ASSETS

54,939

52,191

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

3,654,939

3,652,191

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

3,654,939

3,652,191

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

3,654,939

3,652,191

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 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 5 November 2025 and were signed by:

V Barber - Designated member

1.	STATUTORY INFORMATION

Teddington Property Group 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.

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 deficits arising from changes in fair value is recognised in profit or loss.

This is a departure from the Companies Act which requires assets to be depreciated. However, in the opinion of the directors, property is held primarily for their investment potential and so fair value is of more significance as a measure of consumption. They therefore have applied a true and fair override with respect to investment properties.

3.	EMPLOYEE INFORMATION

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

4.	INFORMATION IN RELATION TO MEMBERS

Period

22.5.23

Year Ended

to

31.3.25

31.3.24

£

£

Members' remuneration charged as an expense

Automatic division of profit

135,672

104,906

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

3,600,000

NET BOOK VALUE

At 31 March 2025

3,600,000

At 31 March 2024

3,600,000

The members believe there are no material difference between the fair value of the properties and the value in the financial statements.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

-

9,847

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

2,350

-

Other creditors

1,800

1,800

4,150

1,800

Included in creditors due within one year are accrued expenses of £1,800.

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of winding up, the loans and other debts due to members will rank equally with unsecured creditors.

There are no restrictions on the ability of the members to reduce the amount of "Members' other interests".