Barclay Property Trading LLP - LLP accounts 24.3

REGISTERED NUMBER: OC316147 (England and Wales)

Report of the Members and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Barclay Property Trading LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

A G Fernback

P Fernback

L Fernback

REGISTERED OFFICE:

The Beechwood Centre

40 Lower Gravel Road

Bromley

Kent

BR2 8GP

REGISTERED NUMBER:

OC316147 (England and Wales)

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

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of renting, management and trading of commercial properties.

DESIGNATED MEMBERS

The designated members during the year under review were:

A G Fernback

P Fernback

L Fernback

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £201,332 (2024 - £103,640 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

A G Fernback - Designated member

27 October 2025

TURNOVER

1,576,604

1,428,391

Cost of sales

669,981

665,185

GROSS PROFIT

906,623

763,206

Administrative expenses

418,376

326,123

OPERATING PROFIT

4

488,247

437,083

Interest payable and similar expenses

286,915

333,443

PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE
FOR DISCRETIONARY DIVISION
AMONG MEMBERS

201,332

103,640

FIXED ASSETS

Tangible assets

5

7,520,502

7,462,254

CURRENT ASSETS

Debtors

6

3,220,513

2,798,282

Cash at bank

72,373

15,994

3,292,886

2,814,276

CREDITORS

Amounts falling due within one year

7

2,861,405

2,544,559

NET CURRENT ASSETS

431,481

269,717

TOTAL ASSETS LESS CURRENT
LIABILITIES

7,951,983

7,731,971

CREDITORS

Amounts falling due after more than one
year

8

(4,025,285

)

(4,017,382

)

PROVISIONS FOR LIABILITIES

(55,620

)

(44,843

)

NET ASSETS ATTRIBUTABLE TO
MEMBERS

3,871,078

3,669,746

LOANS AND OTHER DEBTS DUE TO
MEMBERS

9

1,322,173

1,120,841

MEMBERS' OTHER INTERESTS

Capital accounts

(289,675

)

(289,675

)

Revaluation reserve

10

2,838,580

3,871,078

3,669,746

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

1,322,173

1,120,841

Members' other interests

2,548,905

3,871,078

3,669,746

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 27 October 2025 and were signed by:

A G Fernback - Designated member

1.	STATUTORY INFORMATION

Barclay Property Trading 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.

3.	EMPLOYEE INFORMATION

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

4.	OPERATING PROFIT

The operating profit is stated after charging:

31.3.25

31.3.24

£

Depreciation - owned assets

22,298

19,151

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST OR VALUATION

At 1 April 2024

7,350,000

144,125

7,494,125

Additions

-

80,546

At 31 March 2025

7,350,000

224,671

7,574,671

DEPRECIATION

At 1 April 2024

-

31,871

Charge for year

-

22,298

At 31 March 2025

-

54,169

NET BOOK VALUE

At 31 March 2025

7,350,000

170,502

7,520,502

At 31 March 2024

7,350,000

112,254

7,462,254

Cost or valuation at 31 March 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

Valuation in 2025

2,898,779

-

2,898,779

Cost

4,451,221

224,671

4,675,892

7,350,000

224,671

7,574,671

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

104,735

150,006

Other debtors

3,115,778

2,648,276

3,220,513

2,798,282

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

1,606,249

206,209

Taxation and social security

-

24,969

Other creditors

1,255,156

2,313,381

2,861,405

2,544,559

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Bank loans

4,025,285

4,017,382

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

There is no pressure on the loans from the members to the company to be repaid immediately or within the year. The members are happy for all other creditors to be repaid before members capital is settled.

10.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

2,838,580

11.	RELATED PARTY DISCLOSURES

At the year end, Barclay Property Trading LLP was owed / (Owing) the following amounts to related entities:

2024

2025

Centaur Property Group Ltd

466,808

427,809

Centaur Property Estates Ltd

3,403

Alpenmile Properties Ltd

-

20,000

Centaur Property Investments Ltd

8,078

Champion Properties LLP

911,218

794,218

Wentworth Trading LLP

276,949

278,949

Knowlwood Trading LLP

8,500

Barclay Estates Ltd

155,462

213,462

Barclay Home Investments Ltd

5,917

Barclay Commercial Investments Ltd

1,000

81,000

Barclay Commercial Estates Ltd

50,934

70,934

Blue Marlin Ltd

33,400

43,400

Big Padlock Ltd

(28,710

)

(14,610

)

Big Padlock Ayr Ltd

(170,159

)

(170,159

)

Big Padlock (UK) Ltd

(1,200

)

(31,200

)

Centaur Financing Ltd

644,920

691,120