Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 3 Property management true 2024-04-01 false 3 false The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC416905 2024-04-01 2025-03-31 OC416905 2023-04-01 2024-03-31 OC416905 2025-03-31 OC416905 2024-03-31 OC416905 c:CurrentFinancialInstruments 2025-03-31 OC416905 c:CurrentFinancialInstruments 2024-03-31 OC416905 c:CurrentFinancialInstruments c:WithinOneYear 2025-03-31 OC416905 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC416905 d:FRS102 2024-04-01 2025-03-31 OC416905 d:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC416905 d:FullAccounts 2024-04-01 2025-03-31 OC416905 d:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC416905 2 2024-04-01 2025-03-31 OC416905 6 2024-04-01 2025-03-31 OC416905 d:PartnerLLP1 2024-04-01 2025-03-31 OC416905 c:OtherCapitalInstrumentsClassifiedAsEquity 2025-03-31 OC416905 c:OtherCapitalInstrumentsClassifiedAsEquity 2024-03-31 OC416905 c:FurtherSpecificReserve2ComponentTotalEquity 2025-03-31 OC416905 c:FurtherSpecificReserve2ComponentTotalEquity 2024-03-31 OC416905 c:FurtherSpecificReserve3ComponentTotalEquity 2025-03-31 OC416905 c:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC416905 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: OC416905 ANGLE PROPERTY (SUNBURY PROJECT MANAGEMENT) LLP UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
ANGLE PROPERTY (SUNBURY PROJECT MANAGEMENT) LLP CONTENTS
| Page
Balance Sheet | 1 - 2
Reconciliation of Members' Interests | 3
Notes to the Financial Statements | 4 - 8
ANGLE PROPERTY (SUNBURY PROJECT MANAGEMENT) LLP REGISTERED NUMBER: OC416905 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investments | 4 |  | 3,301,063 |  | 600,953
|  |  | 3,301,063 |  | 600,953
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 18,000 |  | 6,710 |
Cash at bank and in hand | 6 | 100 |  | 102 |
|  | 18,100 |  | 6,812 |
Creditors: Amounts Falling Due Within One Year | 7 | (22,330) |  | (8,520) |
Net current liabilities |  |  | (4,230) |  | (1,708)
Total assets less current liabilities |  |  | 3,296,833 |  | 599,245
Net assets |  |  | 3,296,833 |  | 599,245
Represented by: |  |  |  |  |
Loans and other debts due to members within one year |  |  |  |  |
Members' capital classified as a liability |  |  | 451,719 |  | 419,577
Other amounts | 8 |  | (26,029) |  | (21,365)
|  |  | 425,690 |  | 398,212
Members' other interests |  |  |  |  |
Members' capital classified as equity |  | 100 |  | 100 |
Other reserves classified as equity |  | 2,871,043 |  | 200,933 |
|  |  | 2,871,143 |  | 201,033
|  |  | 3,296,833 |  | 599,245
Total members' interests |  |  |  |  |
Loans and other debts due to members | 8 |  | 425,690 |  | 398,212
Members' other interests |  |  | 2,871,143 |  | 201,033
|  |  | 3,296,833 |  | 599,245
Page 1
ANGLE PROPERTY (SUNBURY PROJECT MANAGEMENT) LLP REGISTERED NUMBER: OC416905 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025 The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLPs regime. The entity was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements. The financial statements have been delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The entity has opted not to file the statement of comprehensive income in accordance with the provisions applicable to entities subject to the small LLPs regime. The financial statements were approved and authorised for issue by the members and were signed on their behalf on 3 December 2025.
C A Allen On behalf of Fiera Real Estate UK Limited
Designated member
The notes on pages 4 to 8 form part of these financial statements. Page 2
ANGLE PROPERTY (SUNBURY PROJECT MANAGEMENT) LLP RECONCILIATION OF MEMBERS' INTERESTS FOR THE YEAR ENDED 31 MARCH 2025
| EQUITY Members' other interests | DEBT Loans and other debts due to members less any amounts due from members in debtors | Total members' interests
| Members' capital (classified as equity) | Other reserves | Total | Members' capital (classified as debt) | Other amounts | Total | Total
| £ | £ | £ | £ | £ | £ | £
Amounts due to members |  |  |  | 416,346 | (18,315) | 398,031 |
Balance at 1 April 2023 | 100 | 296,338 | 296,438 | 416,346 | (18,315) | 398,031 | 694,469
Members' remuneration charged as an expense | - | - | - | - | (3,050) | (3,050) | (3,050)
Loss for the year available for discretionary division among members | - | (95,405) | (95,405) | - | - | - | (95,405)
Members' interests after profit for the year | 100 | 200,933 | 201,033 | 416,346 | (21,365) | 394,981 | 596,014
Amounts introduced by members | - | - | - | 3,231 | - | 3,231 | 3,231
Amounts due to members |  |  |  | 419,577 | (21,365) | 398,212 |
Balance at 31 March 2024 | 100 | 200,933 | 201,033 | 419,577 | (21,365) | 398,212 | 599,245
Members' remuneration charged as an expense | - | - | - | - | (4,664) | (4,664) | (4,664)
Profit for the year available for discretionary division among members | - | 2,670,110 | 2,670,110 | - | - | - | 2,670,110
Members' interests after profit for the year | 100 | 2,871,043 | 2,871,143 | 419,577 | (26,029) | 393,548 | 3,264,691
Amounts introduced by members | - | - | - | 32,142 | - | 32,142 | 32,142
Amounts due to members |  |  |  | 451,719 | (26,029) | 425,690 |
Balance at 31 March 2025 | 100 | 2,871,043 | 2,871,143 | 451,719 | (26,029) | 425,690 | 3,296,833
The notes on pages 4 to 8 form part of these financial statements.
There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests.
Page 3
ANGLE PROPERTY (SUNBURY PROJECT MANAGEMENT) LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Angle Property (Sunbury Project Management) LLP is a Limited Liability Partnership, registered in England and Wales, registration number OC416905. The address of its registered office is Third Floor Queensberry House, 3 Old Burlington Street, London, W1S 3AE. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships". The following principal accounting policies have been applied:
| 2.2 | Going concern
The LLP is currently reliant on its members for financial support. The members are committed to the sustainment of the LLP and its property management activities, and are confident that the LLP has the resources to continue operating for at least 12 months from the date the financial statements are authorised. The members have concluded that it is appropriate that the financial statements be prepared on a going concern basis.
| 2.3 | Turnover
Turnover represents fees receivable net of VAT and share of partnership result. Income is recognised as follows: (i) Fees receivable - turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the balance sheet date turnover represents the value of the services provided based on a proportion of the total expected consideration at completion. (ii) Share of partnership result - upon realisation of the profit or loss in the partnership.
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.5 | Valuation of investments
The valuation of the investment in the SPV is based on the entity's entitlement to the proportion of the net assets of the SPV after adjusting for the fair value of the stock held.
| 2.6 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment. Page 4
ANGLE PROPERTY (SUNBURY PROJECT MANAGEMENT) LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.7 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.8 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.9 | Financial instruments
The LLP has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. Financial instruments are recognised in the LLP's Balance Sheet when the LLP becomes party to the contractual provisions of the instrument. Basic financial assets Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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. Discounting is omitted where the effect of discounting is immaterial. The LLP's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments. Page 5
ANGLE PROPERTY (SUNBURY PROJECT MANAGEMENT) LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.9 | Financial instruments (continued)
Basic financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the LLP after the deduction of all its liabilities. Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial. Derecognition of financial assets Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the LLP transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the LLP will continue to recognise the value of the portion of the risks and rewards retained. Derecognition of financial liabilities Financial liabilities are derecognised when the LLP's contractual obligations expire or are discharged or cancelled.
3. | Members
| The average number of members during the year was 3 (2024: 3)
Page 6
ANGLE PROPERTY (SUNBURY PROJECT MANAGEMENT) LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Fixed asset investments
|  | Investments | Loans to investments | Fair value movements | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 1 April 2024 | 20 | 400,000 | 200,933 | 600,953
| Additions | 30,000 | - | - | 30,000
| Revaluations | - | - | 2,670,110 | 2,670,110
| At 31 March 2025 | 30,020 | 400,000 | 2,871,043 | 3,301,063
| Unlisted investments represent 20% of the capital contribution in Angle Property (Sunbury) LLP, a limited liability partnership in which this LLP is a designated member.
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | - | 710
| Prepayments and accrued income | 18,000 | 6,000
|  | 18,000 | 6,710
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 100 | 102
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other creditors | 730 | 20
| Accruals and deferred income | 21,600 | 8,500
|  | 22,330 | 8,520
Page 7
ANGLE PROPERTY (SUNBURY PROJECT MANAGEMENT) LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
8. | Loans and other debts due to members
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Members' capital treated as debt | 451,719 | 419,577
| Other amounts due from members | (26,029) | (21,365)
|  | 425,690 | 398,212
9. | Other reserves
This reserve represents the cumulative fair value movement of the investment. This reserve is undistributable.
Page 8