REGISTERED NUMBER: OC426658 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Zaro Property LLP

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Investment property

4

571,268

571,268

CURRENT ASSETS

Debtors

5

89,690

91,495

Cash at bank

8,311

3,443

98,001

94,938

CREDITORS

Amounts falling due within one year

6

8,441

13,386

NET CURRENT ASSETS

89,560

81,552

TOTAL ASSETS LESS CURRENT LIABILITIES

660,828

652,820

CREDITORS

Amounts falling due after more than one year

7

165,315

165,329

NET ASSETS ATTRIBUTABLE TO MEMBERS

495,513

487,491

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

495,513

487,491

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

495,513

487,491

Amounts due from members

5

(80,336

)

(90,837

)

415,177

396,654

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 8 December 2025 and were signed by:

Mr J E Nichols - Designated member

1.	STATUTORY INFORMATION

Zaro Property LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number:

OC426658

Registered office:

7 Broomfield Lane

Hale

Altrincham

Cheshire

WA15 9AP

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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.

3.	EMPLOYEE INFORMATION

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

571,268

NET BOOK VALUE

At 31 March 2025

571,268

At 31 March 2024

571,268

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by participating interests

9,354

658

Other debtors

80,336

90,837

89,690

91,495

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

6,782

6,782

Trade creditors

-

50

Amounts owed to participating interests

46

5,054

Other creditors

1,613

1,500

8,441

13,386

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

165,315

165,329

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

138,202

138,202

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

172,097

-

The bank loans are secured by either a fixed charge and a negative pledge with Handelsbanken PLC over land and property and other fixed assets owned either now or in the future, by the partners.

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Amounts due to members would rank equally as unsecured liabilities with other creditors.

10.	ULTIMATE CONTROLLING PARTY

J E Nichols and A Nichols jointly represent the ultimate controlling party by virtue of their status as members of the LLP.