Registered No. OC441700 (England and Wales)
Readco Property Management Llp
Unaudited accounts
for the period from 1 April 2024 to 30 March 2025
Readco Property Management Llp
LLP Information
for the period from 1 April 2024 to 30 March 2025
Designated members
Mrs Jennifer Evelyn Read
Registered Number
OC441700 (England and Wales)
Registered Office
9-11 New Broadway
Ealing
London
W5 5AW
England
Readco Property Management Llp
Statement of financial position
as at 30 March 2025
Tangible assets
505,000
505,000
Cash at bank and in hand
28
26,935
Creditors: amounts falling due within one year
(1,700)
(1,200)
Net current (liabilities)/assets
(1,672)
25,735
Total assets less current liabilities
503,328
530,735
Creditors: amounts falling due after more than one year
(286,047)
(286,047)
Net assets attributable to members
217,281
244,688
Loans and other debts due to members
21,856
54,688
Revaluation reserve
190,000
190,000
Loans and other debts due to members
21,856
54,688
Members' other interests
195,425
190,000
For the period ending 30 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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 23 December 2025.
Mr Stuart Mark Read
Designated member
Limited Liability Partnership Registration No. OC441700
Readco Property Management Llp
Notes to the Accounts
for the period from 1 April 2024 to 30 March 2025
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) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Readco Property Management Llp is a limited liability partnership, incorporated in England and Wales, registration number OC441700. Its registered office is 9-11 New Broadway, Ealing, London, W5 5AW, England.
3
Tangible fixed assets
Land & buildings
4
Creditors: amounts falling due within one year
2025
2024
5
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
286,047
286,047
Readco Property Management Llp
Notes to the Accounts
for the period from 1 April 2024 to 30 March 2025
6
Loans and other debts due to members
2025
2024
Members' capital classified as a liability
21,856
54,688
Amounts falling due within one year
21,856
54,688
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the period the average number of employees was 2 (2024: 2).