ACCOUNTS - Final Accounts preparation

Registered number: OC436477

Monument Nicholas LLP

Financial statements

Information for filing with the registrar

31 March 2025


Monument Nicholas LLP

Balance sheet

At 31 March 2025

	2025	2024
Note	£	£

Fixed assets
Investments	4	390,000	390,000
Total assets less current liabilities		390,000	390,000
Net assets		390,000	390,000

Represented by:
Members' other interests
Members' capital classified as equity
	390,000	390,000

Total members' interests
Members' interests	390,000	390,000
Members' surplus	390,000	390,000


Monument Nicholas LLP

Balance sheet (continued)

At 31 March 2025

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLPs regime.

The entity was entitled to exemption from audit under section 480 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

The financial statements have been delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The entity has opted not to file the statement of comprehensive income in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf on 12 December 2025.

T Wooldridge - Monument Real Estate Management Limited

Designated member

LLP registered number: OC436477
The notes on pages 3 to 4 form part of these financial statements.


Monument Nicholas LLP

Notes to the financial statements

Year ended 31 March 2025

1.	General information

Monument Nicholas LLP ('the LLP') is a limited liability partnership incorporated and domiciled in the United Kingdom and registered in England. The address of the registered office is 4th Floor, 2 Cathedral, Cloth Market, Newcastle upon Tyne, NE1 1EE.

2.Accounting policies

2.1

Statement of compliance

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland', the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships".

2.2

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits based upon the method outlined in the member's agreement.

2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Employees

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


Monument Nicholas LLP

Notes to the financial statements

Year ended 31 March 2025

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost
	At 1 April 2024	390,000
	At 31 March 2025	390,000