REGISTERED NUMBER: OC324372 (England and Wales)

Report of the Members and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Knowlwood 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

Centaur Property Estates Limited

REGISTERED OFFICE:

The Beechwood

40 Lower Gravel Road

Bromley

Kent

BR2 8GP

REGISTERED NUMBER:

OC324372 (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

Centaur Property Estates Limited

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The loss for the year before members' remuneration and profit shares was £31,321 (2024 - £31,002 loss).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

A G Fernback - Designated member

27 October 2025

TURNOVER

108,286

107,996

Cost of sales

4,060

7,966

GROSS PROFIT

104,226

100,030

Administrative expenses

45,722

26,535

OPERATING PROFIT

58,504

73,495

Interest payable and similar expenses

89,825

104,497

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

(31,321

)

(31,002

)

FIXED ASSETS

Tangible assets

4

1,840,000

1,840,000

CURRENT ASSETS

Debtors

5

722,762

693,492

Cash at bank

1,131

8,651

723,893

702,143

CREDITORS

Amounts falling due within one year

6

413,671

366,836

NET CURRENT ASSETS

310,222

335,307

TOTAL ASSETS LESS CURRENT LIABILITIES

2,150,222

2,175,307

CREDITORS

Amounts falling due after more than one year

7

(1,260,776

)

(1,260,776

)

PROVISIONS FOR LIABILITIES

(6,236

)

-

NET ASSETS ATTRIBUTABLE TO MEMBERS

883,210

914,531

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

429,770

461,091

MEMBERS' OTHER INTERESTS

Capital accounts

(767,310

)

(767,310

)

Revaluation reserve

9

1,220,750

1,220,750

883,210

914,531

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

429,770

461,091

Members' other interests

453,440

453,440

883,210

914,531

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

Knowlwood 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.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

1,840,000

NET BOOK VALUE

At 31 March 2025

1,840,000

At 31 March 2024

1,840,000

Cost or valuation at 31 March 2025 is represented by:

Land and

buildings

£

Valuation in 2017

1,105,000

Valuation in 2022

715,000

Valuation in 2024

20,000

1,840,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

18,830

7,107

Other debtors

703,932

686,385

722,762

693,492

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

97,221

2,702

Other creditors

316,450

364,134

413,671

366,836

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,260,776

1,260,776

8.

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.

9.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

1,220,750

10.	RELATED PARTY DISCLOSURES

At the year end, Knowlwood Trading LLP owed / (owing) the following balances:

2024

2025

Centaur Property Group Ltd

(321,466

)

(278,157

)

Centaur Property Estates Ltd

262,313

262,313

Alpenmile Properties Ltd

(8,300

)

6,700

Centaur Property Investments Ltd

60,480

52,565

Spedho Ltd

-

500

Centaur Property Company Ltd

1,500

3,000

Big Padlock Group Ltd

(950

)

6,050

Barclay Property Trading LLP

(8,500

)

(8,500

)

Champion Properties LLP

-

(20,000

)

Centaur Financing Ltd

14,999

14,999