REGISTERED NUMBER: OC437657 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

C Savoy Enterprise LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

C Savoy

C Savoy Properties Limited

REGISTERED OFFICE:

Oaklea House

46 Coatham Road

Redcar

England

TS10 1RS

REGISTERED NUMBER:

OC437657 (England and Wales)

ACCOUNTANTS:

SKS Bailey Group Limited

Oaklea House

46 Coatham Road

Redcar

TS10 1RS

Fixed assets

Tangible assets

4

522

696

Investment property

5

295,000

495,000

295,522

495,696

Current assets

Debtors

6

46,849

20,771

Cash at bank

1,350

3,577

48,199

24,348

Creditors: amounts falling due within one year

7

(1,474

)

(1,332

)

Net current assets

46,725

23,016

Total assets less current liabilities

342,247

518,712

Creditors: amounts falling due after more than one year

8

(169,789

)

(297,709

)

Net assets attributable to members

172,458

221,003

Loans and other debts due to members

10

172,458

221,003

Total members' interests

Loans and other debts due to members

10

172,458

221,003

Amounts due from members

6

(21,815

)

(20,771

)

150,643

200,232

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 23 December 2025 and were signed by:

C Savoy - Designated member

1.	STATUTORY INFORMATION

C Savoy Enterprise 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 as modified by the revaluation of certain assets.

TURNOVER

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

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

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.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

and 31 March 2025

926

DEPRECIATION

At 1 April 2024

230

Charge for year

174

At 31 March 2025

404

NET BOOK VALUE

At 31 March 2025

522

At 31 March 2024

696

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

495,000

Disposals

(200,000

)

At 31 March 2025

295,000

NET BOOK VALUE

At 31 March 2025

295,000

At 31 March 2024

495,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2023

40,000

Valuation in 2024

(20,000

)

Cost

275,000

295,000

Properties are required to be disclosed within the financial statements at fair value.

The valuation was made by directors on an open market value basis by reference to market evidence of transaction prices for similar properties. Deferred tax has been calculated on the revalued amounts and provided for within the financial statements.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

25,034

-

Amounts due from members

21,815

20,771

46,849

20,771

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Accrued expenses

1,474

1,332

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

169,789

297,709

2025

2024

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans

169,789

297,709

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

169,789

297,709

10.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Members rank ahead of other creditors in a liquidation.