REGISTERED NUMBER: OC388454 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

FOR

R N PROPERTY PARTNERSHIP LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

R Farrow

Technical & Development Services Limited

REGISTERED OFFICE:

West End House

60 Oxford Street

Wellingborough

Northamptonshire

NN8 4JJ

REGISTERED NUMBER:

OC388454 (England and Wales)

ACCOUNTANTS:

ISIS Business Solutions (Northants) LLP

Venture Court

2 Debdale Road

Wellingborough

Northamptonshire

NN8 5AA

FIXED ASSETS

Tangible assets

4

361,553

361,827

CURRENT ASSETS

Debtors

5

1,289

952

Cash at bank

31,432

23,693

32,721

24,645

CREDITORS

Amounts falling due within one year

6

10,266

11,491

NET CURRENT ASSETS

22,455

13,154

TOTAL ASSETS LESS CURRENT LIABILITIES

384,008

374,981

CREDITORS

Amounts falling due after more than one year

7

280,000

220,000

NET ASSETS ATTRIBUTABLE TO MEMBERS

104,008

154,981

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

104,008

154,981

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

104,008

154,981

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 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.

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 3rd October 2025 and were signed by:

R Farrow - Designated member

Technical & Development Services Limited - Designated member

1.	STATUTORY INFORMATION

R N Property Partnership 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.

Tangible fixed assets

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

Freehold property

-

not provided

Fixtures and fittings

-

15% on reducing balance

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST OR VALUATION

At 1st April 2024

and 31st March 2025

360,000

2,523

362,523

DEPRECIATION

At 1st April 2024

-

696

696

Charge for year

-

274

274

At 31st March 2025

-

970

970

NET BOOK VALUE

At 31st March 2025

360,000

1,553

361,553

At 31st March 2024

360,000

1,827

361,827

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

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

Valuation in 2022

56,615

-

56,615

Cost

303,385

2,523

305,908

360,000

2,523

362,523

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,284

81

Other debtors

5

871

1,289

952

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

488

2,977

Other creditors

9,778

8,514

10,266

11,491

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed to associates

280,000

220,000

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

All unsecured creditors rank pari-passu with member's loans.

9.	RELATED PARTY DISCLOSURES

During the year the Partnership entered into transactions with related parties. All transactions were carried out at arm's length.

The Partnership received £3,600 in rent from TDS Holdings Ltd, £3,600 from TDS Limited and £345 from TDS LLP.

At the balance sheet date, the Partnership owed TDS Consulting Ltd £280,000 and paid interest amounting to £8,667.