Asiana Management Services LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC343940

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		2,252,930		2,604,340

			2,252,930		2,604,340
CURRENT ASSETS
Debtors	5	267,692		14,272
Cash at bank and in hand		169,600		228,802

		437,292		243,074
Creditors: Amounts Falling Due Within One Year	6	(755,082 )		(91,518 )

NET CURRENT ASSETS (LIABILITIES)			(317,790 )		151,556

TOTAL ASSETS LESS CURRENT LIABILITIES			1,935,140		2,755,896

Creditors: Amounts Falling Due After More Than One Year	7		(431,720 )		(443,414 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			1,503,420		2,312,482

REPRESENTED BY:
Loans and other debts due to members
Members' capital classified as a liability		294,834		1,103,896
Other amounts		146,528		146,528

			441,362		1,250,424

Equity
Members' other interests
Members' capital		1,062,058		1,062,058

			1,062,058		1,062,058

			1,503,420		2,312,482

TOTAL MEMBERS' INTEREST
Amounts due from members			(220,743)		-
Loans and other debts due to members			441,362		1,250,424
Members' other interests			1,062,058		1,062,058

			1,282,677		2,312,482

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Asiana Management Services LLP

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (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 taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr S S Sangha

Designated Member

18/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Asiana Management Services LLP is a limited liability partnership, incorporated in England & Wales, registered number OC343940 . The Registered Office is 108 Woodborough Road, Nottingham, NG3 1AR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 8 (2024: 8)

4. Investment Property

	2025
	£
Fair Value
As at 1 April 2024	2,604,340
Revaluations	(351,410)

As at 31 March 2025	2,252,930

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	12,548	14,182
Other debtors	255,144	90

	267,692	14,272

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	6,220	-
Bank loans and overdrafts	51,358	51,358
Other creditors	689,092	35,469
Taxation and social security	8,412	4,691

	755,082	91,518

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Asiana Management Services LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	431,720	443,414

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