REGISTERED NUMBER: OC413862 (England and Wales)

BURNT YATES PARTNERSHIP LLP

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Caruso Partners Limited

Finsbury Securities Limited

S R V Holdings Limited

Summercroft Limited

REGISTERED OFFICE:

14 The Pavilion Apartments

St Johns Wood Road

London

NW8 7HB

REGISTERED NUMBER:

OC413862 (England and Wales)

ACCOUNTANTS:

Shaw Gibbs Limited

Wey Court West

Union Road

Farnham

Surrey

GU9 7PT

CURRENT ASSETS

Stocks

-

94,200

Debtors

4

2,314

128

Cash at bank

-

6,119

2,314

100,447

CREDITORS

Amounts falling due within one year

5

-

(4,933

)

NET CURRENT ASSETS

2,314

95,514

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

2,314

95,514

LOANS AND OTHER DEBTS DUE TO MEMBERS

6

2,314

95,514

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

2,314

95,514

Amounts due from members

4

-

(128

)

2,314

95,386

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2025.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 15 December 2025 and were signed by:

Caruso Partners Limited - Designated member

1.	STATUTORY INFORMATION

Burnt Yates Partnership LLP is a Limited Liability Partnership registered in England. Details of the registered office and company number can be found on Page 1.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover comprises the proceeds of properties sold during the year.

3.	EMPLOYEE INFORMATION

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,314

-

Other debtors

-

128

2,314

128

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

(1

)

Other creditors

-

4,934

-

4,933

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans from members carry an entitlement to a priority profit-share equivalent to 8.5% per annum above base rate on the loan, to be allocated on completion of the project. In the event of a winding-up, unsecured debts due to members will rank equally with debts due to other unsecured creditors.