REGISTERED NUMBER: OC371509 (England and Wales)

CM & HG Property LLP

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

General Information

1

Chartered Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

5

DESIGNATED MEMBERS:

Mr H H Goncu

Mrs C F Maxton

REGISTERED OFFICE:

Green Tiles

Glenwood Way

Croydon

Surrey

CR0 7RT

REGISTERED NUMBER:

OC371509 (England and Wales)

ACCOUNTANTS:

Alton & Co

Chartered Accountants

239-241 Kennington Lane

London

SE11 5QU

The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Statement of Financial Position. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of CM & HG Property LLP for the year ended 31 March 2025 which comprise the Abridged Income Statement, Statement of Financial Position and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the members of CM & HG Property LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of CM & HG Property LLP and state those matters that we have agreed to state to the members of CM & HG Property LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CM & HG Property LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that CM & HG Property LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of CM & HG Property LLP. You consider that CM & HG Property LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of CM & HG Property LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Alton & Co

Chartered Accountants

239-241 Kennington Lane

London

SE11 5QU

6 December 2025

FIXED ASSETS

Property, plant and equipment

4

95

127

Investment property

5

1,575,000

1,575,000

1,575,095

1,575,127

CURRENT ASSETS

Debtors

6

2,329

1,575

Cash at bank

6,957

1,306

9,286

2,881

CREDITORS

Amounts falling due within one year

7

2,944

3,782

NET CURRENT ASSETS/(LIABILITIES)

6,342

(901

)

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,581,437

1,574,226

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

1,581,437

1,574,226

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

1,581,437

1,574,226

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.

All the members have consented to the preparation of an abridged Income Statement for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 6 December 2025 and were signed by:

Mr H H Goncu - Designated member

Mrs C F Maxton - Designated member

1.	STATUTORY INFORMATION

CM & HG Property 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 represents gross invoiced rents receivables.

Turnover is generated from ordinary activities of the business and is recognised on an accrual basis.

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 reducing balance

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.

After initial recognition, investment property is accounted for in accordance with the cost model as set out in FRS16 and FRS40. In accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) no depreciation is provided in respect of freehold properties held as investments. This is a departure from the requirements of the Companies Act 2006 which requires all properties to be depreciated. Such properties are held for investment and not for consumption and the director considers that to depreciate them would not give a true and fair view. Depreciation is only one of the many elements reflected in the annual valuation of properties and accordingly the amount of depreciation which might otherwise have been charged cannot be separately identified and quantified. The director considers that this policy results in the accounts giving a true and fair view.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2024 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

fittings

£

COST

At 1 April 2024

and 31 March 2025

2,240

DEPRECIATION

At 1 April 2024

2,113

Charge for year

32

At 31 March 2025

2,145

NET BOOK VALUE

At 31 March 2025

95

At 31 March 2024

127

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,575,000

NET BOOK VALUE

At 31 March 2025

1,575,000

At 31 March 2024

1,575,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2017

758,961

Valuation in 2018

(92,147

)

Valuation in 2023

(130,388

)

Cost

1,038,574

1,575,000

If investment properties had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

1,038,573

1,038,573

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

2,329

1,575

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

452

1,284

Other creditors

2,492

2,498

2,944

3,782

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

£

Amounts owed to members in respect of profits

969,260

962,049

Capital account

612,177

612,177

1,581,437

1,574,226

Falling due within one year

969,260

962,049

Falling due after more than one year

612,177

612,177

1,581,437

1,574,226