REGISTERED NUMBER: OC427646 (England and Wales)

REPORT OF THE MEMBERS AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

MAPLEBAN LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

Ms Saeema Anwar Butt

Mr Tuzarat Hussain Khaliq

REGISTERED OFFICE:

45 Church Road

Edgbaston

Birmingham

West Midlands

B15 3ST

REGISTERED NUMBER:

OC427646 (England and Wales)

ACCOUNTANTS:

Ark&Co Ltd

Chartered Accountants & Chartered Tax Advisers

The Maltings

2 Anderson Rd

Bearwood

Birmingham

West Midlands

B66 4AR

The members present their report with the financial statements of the LLP for the year ended 31 March 2025.

DESIGNATED MEMBERS

The designated members during the year under review were:

Ms Saeema Anwar Butt

Mr Tuzarat Hussain Khaliq

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The loss for the year before members' remuneration and profit shares was £37,884 (2024 - £95,818 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

Mr Tuzarat Hussain Khaliq - Designated member

31 October 2025

TURNOVER

134,744

172,573

Administrative expenses

88,075

(17,467

)

OPERATING PROFIT

46,669

190,040

Interest payable and similar expenses

84,553

94,222

(LOSS)/PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

(37,884

)

95,818

FIXED ASSETS

Investment property

4

2,292,086

2,292,086

CURRENT ASSETS

Debtors

5

1,532

17,815

Cash at bank and in hand

337

10,184

1,869

27,999

CREDITORS

Amounts falling due within one year

6

40,790

2,127

NET CURRENT (LIABILITIES)/ASSETS

(38,921

)

25,872

TOTAL ASSETS LESS CURRENT LIABILITIES

2,253,165

2,317,958

CREDITORS

Amounts falling due after more than one year

7

1,308,601

1,320,487

NET ASSETS ATTRIBUTABLE TO MEMBERS

944,564

997,471

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

944,564

997,471

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

944,564

997,471

Amounts due from members

5

(1,532

)

-

943,032

997,471

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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 31 October 2025 and were signed by:

Mr Tuzarat Hussain Khaliq - Designated member

1.	STATUTORY INFORMATION

Mapleban 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 year was NIL (2024 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

2,292,086

NET BOOK VALUE

At 31 March 2025

2,292,086

At 31 March 2024

2,292,086

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Amounts due from members

1,532

-

Other debtors

-

17,815

1,532

17,815

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

-

1,480

Inter Co Loan - SP

33,130

-

Inter Co Loan - S

5,010

-

Client Deposits

-

(6,203

)

Inter Company - U

1,000

-

Accruals and deferred income

-

3,800

Accrued expenses

1,650

3,050

40,790

2,127

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bounce Back Loan

39,671

45,262

Mortgage

1,268,930

1,268,930

Client Deposits

-

6,295

1,308,601

1,320,487

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up.

There is no provision for specific legally enforceable protection afforded to creditors in such an event.

There are no restrictions or limitations on the ability of the members to reduce the amount of ‘Members’ other interests