REGISTERED NUMBER: OC315967 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st March 2025

for

Nash Peters LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Designated members:

S S Chadha

N Patel

Registered office:

4 Beacon Road

Trafford Park

Manchester

M17 1AF

Registered number:

OC315967 (England and Wales)

Accountants:

DBF Associates

Chartered Accountants

South Cheetham B C

10 Park Place

Manchester

Lancashire

M4 4EY

Fixed assets

Tangible assets

4

45,949

37,036

Investment property

5

671,755

671,755

717,704

708,791

Current assets

Cash at bank

2,805

10,696

Creditors

Amounts falling due within one year

6

3,027

281,046

Net current liabilities

(222

)

(270,350

)

Total assets less current liabilities

717,482

438,441

Creditors

Amounts falling due after more than one year

7

575,204

306,608

Net assets attributable to members

142,278

131,833

Loans and other debts due to members

8

142,278

134,332

Members' other interests

Capital accounts

-

(2,499

)

142,278

131,833

Total members' interests

Loans and other debts due to members

8

142,278

134,332

Members' other interests

-

(2,499

)

142,278

131,833

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 31st 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 17th November 2025 and were signed by:

N Patel - Designated member

1.	Statutory information

Nash Peters 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.

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.

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.	Tangible fixed assets

Motor

vehicles

£

Cost

At 1st April 2024

46,295

Additions

46,335

Disposals

(46,295

)

At 31st March 2025

46,335

Depreciation

At 1st April 2024

9,259

Charge for year

4,630

Eliminated on disposal

(13,503

)

At 31st March 2025

386

Net book value

At 31st March 2025

45,949

At 31st March 2024

37,036

5.	Investment property

Total

£

Fair value

At 1st April 2024

and 31st March 2025

671,755

Net book value

At 31st March 2025

671,755

At 31st March 2024

671,755

Fair value at 31st March 2025 is represented by:

£

Valuation in 2021

485,000

Cost

186,755

671,755

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

2,562

-

Trade creditors

465

72

Other creditors

-

280,974

3,027

281,046

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans

251,157

276,464

Hire purchase contracts

43,073

30,144

Other creditors

280,974

-

575,204

306,608

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

280,974

-

Repayable by instalments

Bank loans more 5 yr by instal

251,157

271,908

Hire purchase

43,073

30,144

294,230

302,052

8.

Loans and other debts due to members

Member loans will only be repaid only when there is sufficient funds available after paying all other creditors.

9.	Related party disclosures

At the year end, the company had interest-free loans to related parties totalling £280,974 (2024: £280,974). There has been no movement in the year.