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REGISTERED NUMBER: OC435077 (England and Wales)

Report of the Members and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Nikusaaldi LLP

Nikusaaldi LLP (Registered number: OC435077)

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 |

Nikusaaldi LLP

General Information

for the Year Ended 31 March 2025

| DESIGNATED MEMBERS: | Dilip Patel

| Alka Patel

| REGISTERED OFFICE: | 151 Cathill

| Cockfosters

| EN4 8HR

| REGISTERED NUMBER: | OC435077 (England and Wales)

| ACCOUNTANTS: | Prestons

| Chartered Accountants

| 364-368 Cranbrook Road

| Gants Hill

| Ilford

| Essex

| IG2 6HY

Nikusaaldi LLP (Registered number: OC435077)

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 letting and operating of own or leased real estate.

DESIGNATED MEMBERS

The designated members during the year under review were:

Dilip Patel

Alka Patel

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £108,204 (2024 - £117,776 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

Dilip Patel - Designated member

5 December 2025

Nikusaaldi LLP (Registered number: OC435077)

Income Statement

for the Year Ended 31 March 2025

| 31/3/25 |  | 31/3/24

| Notes | £ | £ |

TURNOVER | 204,340 |  | 195,931 |  |

Administrative expenses | 25,582 |  | 20,368 |  |

OPERATING PROFIT | 4 | 178,758 |  | 175,563 |  |

Interest receivable and similar income | 398 |  | - |  |

179,156 |  | 175,563 |  |

Interest payable and similar expenses | 70,952 |  | 57,787 |  |

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS | 108,204 |  | 117,776 |  |

Nikusaaldi LLP (Registered number: OC435077)

Balance Sheet

31 March 2025

| 31/3/25 | 31/3/24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 1,287 |  | - |  |

Investment property | 6 | 1,313,000 |  | 1,313,000 |  |

1,314,287 |  | 1,313,000 |  |

CURRENT ASSETS

Debtors | 7 | 91,078 |  | 1,077 |  |

Cash at bank | 117,006 |  | 9,199 |  |

208,084 |  | 10,276 |  |

CREDITORS

Amounts falling due within one year | 8 | 1,670 |  | 1,670 |  |

NET CURRENT ASSETS | 206,414 |  | 8,606 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,520,701 |  | 1,321,606 |  |

CREDITORS

Amounts falling due after more than one year | 9 | 1,011,489 |  | 1,017,856 |  |

NET ASSETS ATTRIBUTABLE TO MEMBERS | 509,212 |  | 303,750 |  |

Nikusaaldi LLP (Registered number: OC435077)

Balance Sheet - continued

31 March 2025

| 31/3/25 | 31/3/24 |

| Notes | £ | £ | £ | £ |

LOANS AND OTHER DEBTS DUE TO MEMBERS | 509,212 |  | 303,750 |  |

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members | 509,212 |  | 303,750 |  |

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 December 2025 and were signed by:

Dilip Patel - Designated member

Nikusaaldi LLP (Registered number: OC435077)

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Nikusaaldi 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.

| Fixtures and fittings - 25% on cost

| 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.

| Debtors

| Basic financial assets, including trade and other debtors, are initially recognised at transaction price, 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. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

| Creditors

| Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, 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. Such instruments are subsequently carried at amortised cost using the effective interest method, less and impairment.

3. | EMPLOYEE INFORMATION

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

Nikusaaldi LLP (Registered number: OC435077)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

4. | OPERATING PROFIT

| The operating profit is stated after charging:

| 31/3/25 |  | 31/3/24

£ | £ |

| Depreciation - owned assets | 429 |  | - |  |

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| Additions | 1,716 |  |

| At 31 March 2025 | 1,716 |  |

| DEPRECIATION

| Charge for year | 429 |  |

| At 31 March 2025 | 429 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,287 |  |

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2024

| and 31 March 2025 | 1,313,000 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,313,000 |  |

| At 31 March 2024 | 1,313,000 |  |

| Fair value at 31 March 2025 is represented by:

£ |

| Valuation in 2021 | 1,313,000 |  |

Nikusaaldi LLP (Registered number: OC435077)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

7. | DEBTORS

| 31/3/25 |  | 31/3/24

£ | £ |

| Amounts falling due within one year:

| Other debtors | 90,001 |  | - |  |

| Amounts falling due after more than one year:

| Other debtors | 1,077 |  | 1,077 |  |

| Aggregate amounts | 91,078 |  | 1,077 |  |

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

| 31/3/25 |  | 31/3/24

£ | £ |

| Other creditors | 1,670 |  | 1,670 |  |

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

| 31/3/25 |  | 31/3/24

£ | £ |

| Bank loans | 996,989 |  | 1,003,356 |  |

| Other creditors | 14,500 |  | 14,500 |  |

1,011,489 |  | 1,017,856 |  |