General Information
C4L Property Services LLP is a limited liability partnership, registered in England and Wales, under OC419684, at Units 2 and 3 Oak House, Albert Drive, Burgess Hill, West Sussex, RH15 9TN. 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 including the provisions of Section 1A "Smaller Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships together with the Companies Act 2006.
Basis of preparation
The financial statements have been prepared on the going concern basis and 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.
Going concern basis
The Proprietors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation has not been charged on freehold properties as the costs represent the development and construction of the site. Depreciation will be charged once the site is completed and available for use by the LLP.
|
| 2. |
Average number of employees
Average number of employees during the year was 0 (2024 : 0).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Land and buildings |
|
Total |
| |
£ |
|
£ |
| At 01 April 2024 |
791,858 |
|
791,858 |
| Additions |
203,482 |
|
203,482 |
| Disposals |
- |
|
- |
| At 31 March 2025 |
995,340 |
|
995,340 |
| Depreciation |
| At 01 April 2024 |
- |
|
- |
| Charge for year |
- |
|
- |
| On disposals |
- |
|
- |
| At 31 March 2025 |
- |
|
- |
| Net book values |
| Closing balance as at 31 March 2025 |
995,340 |
|
995,340 |
| Opening balance as at 01 April 2024 |
791,858 |
|
791,858 |
|
| 4. |
Debtors: amounts falling due within one year
|
2025 £ |
|
2024 £ |
| Other Debtors |
4,242 |
|
- |
|
4,242 |
|
- |
|
| 5. |
Creditors: amount falling due within one year
|
2025 £ |
|
2024 £ |
| Amounts owed to Group Undertakings |
1,030,986 |
|
868,986 |
|
1,030,986 |
|
868,986 |
|
| 6. |
Related parties
During the year the company entered into the following transactions with related parties: | Transaction value - income/(expenses) | | Balance owed by/(owed to) |
|---|
| 2025 £ | | 2024 £ | | 2025 £ | | 2024 £ |
|---|
| Cells4Life Group LLP | 162,000 | | - | | 1,030,986 | | 868,986 |
The LLP received a loan from Cells4Life Group LLP, an LLP with common membership. There are no specific repayment terms attached to this loan and interest is not being charged.
|
2
|