Sappy Properties (Uxbridge) LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: OC356469

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		7,120		7,911
Tangible Assets	5		71,398		79,600

			78,518		87,511
CURRENT ASSETS
Stocks	6	1,890		1,890
Debtors	7	75,220		49,469
Cash at bank and in hand		58,316		34,467

		135,426		85,826
Creditors: Amounts Falling Due Within One Year	8	(95,515 )		(66,069 )

NET CURRENT ASSETS (LIABILITIES)			39,911		19,757

TOTAL ASSETS LESS CURRENT LIABILITIES			118,429		107,268

Creditors: Amounts Falling Due After More Than One Year	9		(6,421 )		(9,833 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			112,008		97,435

REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability		112,008		97,435

			112,008		97,435

			112,008		97,435

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			112,008		97,435

			112,008		97,435

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Sappy Properties (Uxbridge) LLP

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (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 LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr Umar Khan

Designated Member

09/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Sappy Properties (Uxbridge) LLP is a limited liability partnership, incorporated in England & Wales, registered number OC356469 . The Registered Office is 10 Franklin Gardens, East Hanney, Wantage, England, OX12 0GH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are patents. It is amortised to profit and loss account using 10% Reducing Balance.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% Reducing Balance
Fixtures & Fittings	20% Reducing Balance
Computer Equipment	15% Reducing Balance

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the LLP. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 6 (2024: 7)

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Sappy Properties (Uxbridge) LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Intangible Assets

	Other
	£
Cost
As at 1 April 2024	28,009

As at 31 March 2025	28,009

Amortisation
As at 1 April 2024	20,098
Provided during the period	791

As at 31 March 2025	20,889

Net Book Value
As at 31 March 2025	7,120

As at 1 April 2024	7,911

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	86,332	37,061	76,128	199,521
Additions	-	2,231	3,285	5,516

As at 31 March 2025	86,332	39,292	79,413	205,037

Depreciation
As at 1 April 2024	47,735	14,616	57,570	119,921
Provided during the period	5,790	4,898	3,030	13,718

As at 31 March 2025	53,525	19,514	60,600	133,639

Net Book Value
As at 31 March 2025	32,807	19,778	18,813	71,398

As at 1 April 2024	38,597	22,445	18,558	79,600

6. Stocks

	2025	2024
	£	£
Finished goods	1,890	1,890

7. Debtors

	2025	2024
	£	£
Due within one year
Amounts owed by group undertakings	26,422	24,600
Other debtors	48,798	24,869

	75,220	49,469

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Sappy Properties (Uxbridge) LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	4,669	4,669
Trade creditors	66,233	41,402
Amounts owed to group undertakings	-	8,178
Other creditors	11,143	6,601
Taxation and social security	13,470	5,219

	95,515	66,069

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	6,421	9,833

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	4,669	4,669
Later than one year and not later than five years	6,421	9,833

	11,090	14,502

	11,090	14,502

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