Denlat Property Management LLP

Denlat Property Management LLP
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	755,000	730,000
		755,000	730,000
Current assets
Cash at bank and in hand		150	608
Creditors: amount falling due within one year	4	(1,921)	(1,921)
Net current assets		(1,771)	(1,313)

Total assets less current liabilities		753,229	728,687
Creditors: amount falling due after more than one year	5	(402,575)	(402,575)
Net assets		350,654	326,112

Represented by:
Loans and other debts due to members		325,138	310,091
Members' other interest
Revaluation Reserves		41,021	33,000
Other reserves		(15,505)	(16,979)
		25,516	16,021
		350,654	326,112

Total members' interests
Loans and other debts due to members		325,138	310,091
Members' other interests		25,516	16,021
		350,654	326,112

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 financial statements have been prepared in accordance with the special 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

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

.............................................................................
Shazad Khan
Designated Member
Date approved by the members: 11 December 2025

Denlat Property Management LLP
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

Denlat Property Management LLP is a limited liability partnership, registered in England and Wales, registration number OC444444, registration address 16 Lonnen Avenue, Newcastle upon Tyne, NE4 9LQ.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

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:

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 1).

Tangible fixed assets

Cost or valuation	Investment properties	Total
	£	£
At 01 April 2024	697,000	697,000
Additions	-	-
Disposals	-	-
Revaluations	58,000	58,000
At 31 March 2025	755,000	755,000
Depreciation
At 01 April 2024	-	-
Charge for year	-	-
On disposals	-	-
At 31 March 2025	-	-
Net book values
Closing balance as at 31 March 2025	755,000	755,000
Opening balance as at 01 April 2024	730,000	730,000

Creditors: amount falling due within one year

	2025 £		2024 £
Accrued Expenses	1,921		1,921
	1,921		1,921

Creditors: amount falling due after more than one year

	2025 £		2024 £
Bank Loans & Overdrafts (secured)	402,575		402,575
	402,575		402,575

Registered Number: OC444444
England and Wales
DENLAT PROPERTY MANAGEMENT LLP

Unaudited Financial Statements

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