H & A Patel Properties LLP

H & A Patel Properties LLP
Contents Page
For the year ended 31 March 2025

Statement of financial position	1
Notes to the financial statements	2

Registered Number: OC446476 H & A Patel Properties LLP
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	2,310,000	2,310,000
Investments	4	3,300,000	3,300,000
		5,610,000	5,610,000
Current assets
Cash at bank and in hand		35,519	23,063
Creditors: amount falling due within one year		(1,200)	-
Net current assets		34,319	23,063

Total assets less current liabilities		5,644,319	5,633,063
Net assets		5,644,319	5,633,063

Represented by:
Loans and other debts due to members		5,608,000	5,608,000
Members' other interest
Members' capital		-	2,000
Revaluation Reserves		23,063	-
Other reserves		13,256	23,063
		36,319	25,063
		5,644,319	5,633,063

Total members' interests
Loans and other debts due to members		5,608,000	5,608,000
Members' other interests		36,319	25,063
		5,644,319	5,633,063

For the year ending 31 March 2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.The LLP has opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account under section 444(1) of the Companies Act 2006.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006 (as applied to LLPs).

These accounts were approved by the members and signed on their behalf by:

.............................................................................

Designated Member
Date approved by the members: 09 December 2025

1

H & A Patel Properties LLP
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

H & A Patel Properties LLP is a limited liability partnership, registered in , registration number OC446476, registration address 37 Chantry Close, Harrow, Middlesex, HA3 9QZ.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings

0% Reducing Balance

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

3.

Tangible fixed assets

Cost or valuation	Land and Buildings	Total
	£	£
At 01 April 2024	-	-
Additions	2,310,000	2,310,000
Disposals	-	-
At 31 March 2025	2,310,000	2,310,000
Depreciation
At 01 April 2024	-	-
Charge for year	-	-
On disposals	-	-
At 31 March 2025	-	-
Net book values
Closing balance as at 31 March 2025	2,310,000	2,310,000
Opening balance as at 01 April 2024	2,310,000	2,310,000

4.

Investments

Cost	Investments in group undertakings	Total
	£	£
At 01 April 2024	-	-
Additions	3,300,000	3,300,000
Disposals	-	-
At 31 March 2025	3,300,000	3,300,000

2

Registered Number: OC446476

H & A PATEL PROPERTIES LLP

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025