REGISTERED NUMBER: OC424269 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

MP2RE LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

M P G Perkins

Mrs E K V Perkins

REGISTERED OFFICE:

14 Church Street

Whitchurch

Hampshire

RG28 7AB

REGISTERED NUMBER:

OC424269 (England and Wales)

ACCOUNTANTS:

Wheeler & Co Ltd

Chartered Accountants

The Shrubbery

14 Church Street

Whitchurch

Hampshire

RG28 7AB

CURRENT ASSETS

Debtors

4

418,126

354,806

Cash at bank

8,451

30

426,577

354,836

CREDITORS

Amounts falling due within one year

5

2,110

325

NET CURRENT ASSETS

424,467

354,511

TOTAL ASSETS LESS CURRENT LIABILITIES

424,467

354,511

CREDITORS

Amounts falling due after more than one year

6

45,001

-

NET ASSETS ATTRIBUTABLE TO MEMBERS

379,466

354,511

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

379,466

354,511

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

379,466

354,511

Amounts due from members

4

(418,126

)

(353,831

)

(38,660

)

680

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 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 5 August 2025 and were signed by:

M P G Perkins - Designated member

1.	STATUTORY INFORMATION

MP2RE 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEE INFORMATION

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

418,126

354,806

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

1,785

-

Other creditors

325

325

2,110

325

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

45,001

-

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

other creditors take priority over any loans or other debts due to members.