REGISTERED NUMBER: OC421852 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2024 to 30 March 2025

for

Chen Family Partnership LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mrs B Chen

Y XU

Chen Family Holdings Ltd

REGISTERED OFFICE:

16 Beaufort Court

Admirals Way

Canary Wharf

London

E14 9XL

REGISTERED NUMBER:

OC421852 (England and Wales)

FIXED ASSETS

Investment property

4

2,576,855

2,576,855

CURRENT ASSETS

Debtors

26,338

26,338

Cash at bank

18,104

233,344

44,442

259,682

CREDITORS

Amounts falling due within one year

5

4,380

-

NET CURRENT ASSETS

40,062

259,682

TOTAL ASSETS LESS CURRENT LIABILITIES

2,616,917

2,836,537

CREDITORS

Amounts falling due after more than one year

6

1,817,714

1,817,709

NET ASSETS ATTRIBUTABLE TO MEMBERS

799,203

1,018,828

LOANS AND OTHER DEBTS DUE TO MEMBERS

799,203

1,018,828

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

799,203

1,018,828

Amounts due from members

(26,338

)

(26,338

)

772,865

992,490

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 period ended 30 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 19 December 2025 and were signed by:

Mrs B Chen - Designated member

1.	STATUTORY INFORMATION

Chen Family Partnership LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEE INFORMATION

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 30 March 2025

2,576,855

NET BOOK VALUE

At 30 March 2025

2,576,855

At 31 March 2024

2,576,855

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.25

31.3.24

£

£

Other creditors

4,380

-

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.3.25

31.3.24

£

£

Other creditors

1,817,714

1,817,709