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Registered Number: OC451942
England and Wales

 

 

 

IMPRESSIVE PROPERTY SOLUTIONS LLP



Abridged Accounts
 


Period of accounts

Start date: 17 April 2024

End date: 31 March 2025

Impressive Property Solutions LLP
Contents Page
For the Period 17 April 2024 to 31 March 2025
Chartered Accountant’s report to the members of Impressive Property Solutions LLP LLP on the preparation of the unaudited statutory financial statements for the year ended 31 March 2025

To assist you to fulfil your duties under the Companies Act 2006 as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Impressive Property Solutions LLP LLP which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the LLP’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the members of Impressive Property Solutions LLP, as a body, in accordance with the terms of our engagement letter dated 08 May 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Impressive Property Solutions LLP and state those matters that we have agreed to state to the members of Impressive Property Solutions LLP, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Impressive Property Solutions LLP and its members as a body, for our work or for this report.

It is your duty to ensure that Impressive Property Solutions LLP LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Impressive Property Solutions LLP LLP. You consider that Impressive Property Solutions LLP LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Impressive Property Solutions LLP LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.



....................................................
aa Chartered Accountants
6 Blenheim Court
Peppercorn Close
Peterborough
PE1 2DU
16 December 2025
1
 
 		 Notes
 		 2025
£
Fixed assets    
Tangible fixed assets 3 418,419 
418,419 
Current assets    
Debtors 574 
Cash at bank and in hand 5,066 
5,640 
Creditors: amount falling due within one year (1,058)
Net current assets 4,582 
 
Total assets less current liabilities 423,001 
Net assets 423,001 
 

Represented by:
Loans and other debts due to members 4 426,868 
Amounts due from members (2,521)
Members' other interest
Other reserves (1,346)
(1,346)

423,001 
 

Total members' interests
Amounts due from members 4 (2,521)
Loans and other debts due to members 426,868 
Members' other interests (1,346)
423,001 
 


For the period 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:


.............................................................................
Andrew Stuart Findlay
Designated Member
Date approved by the members: 16 December 2025
2
General Information
Impressive Property Solutions LLP is a limited liability partnership, registered in England and Wales, registration number OC451942, registration address 6 Blenheim Court, Peppercorn Close, Peterborough, Cambs, PE1 2DU.

The presentation currency is £ sterling.
1.

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)
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.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current and deferred tax assets and liabilities are not discounted.
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:
Plant and Machinery 20% Reducing Balance
Fixtures and Fittings 20% Reducing Balance
Computer Equipment 33.33% Reducing Balance
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
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 period was 4.
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Fixtures and Fittings   Computer Equipment   Investment properties   Total
  £   £   £   £   £
At 17 April 2024 -    -    -    -    - 
Additions 499    1,991    3,519    414,080    420,089 
Disposals -    -    -    -    - 
At 31 March 2025 499    1,991    3,519    414,080    420,089 
Depreciation
At 17 April 2024 -    -    -    -    - 
Charge for period 100    398    1,172    -    1,670 
On disposals -    -    -    -    - 
At 31 March 2025 100    398    1,172    -    1,670 
Net book values
Closing balance as at 31 March 2025 399    1,593    2,347    414,080    418,419 
Opening balance as at 17 April 2024 -    -    -    -    - 


4.

Members' Interests

Other reserves   Loans and other debts due to members less any amounts due from members included in debtors   Total
Profit for the period available for discretionary division among members (1,346)   0    (1,346)
Members' interests after profit for the period (1,346)   0    (1,346)
Introduced by members 0    426,868    426,868 
Drawings 0    (2,521)   (2,521)
Balance at 31 March 2025 (1,346)   424,347    423,001 
 



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