Remarkable Property Investments LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC412219 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Remarkable Property Investments LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

M Shaw

A Shaw

E Shaw

Remarkable Ventures Ltd

REGISTERED OFFICE:

West Lea Havikil Lane

Scotton

Knaresborough

North Yorkshire

HG5 9HN

REGISTERED NUMBER:

OC412219 (England and Wales)

ACCOUNTANTS:

SKS Bailey Group Limited

Oaklea House

46 Coatham Road

Redcar

TS10 1RS

Fixed assets

Tangible assets

4

909

-

Investments

5

1,700

1,251

Investment property

6

718,922

604,155

721,531

605,406

Current assets

Stocks

7

40,483

Debtors

8

360,542

571,764

Cash at bank and in hand

36

1,585

401,061

613,832

Creditors

Amounts falling due within one year

9

(32,631

)

(25,908

)

Net current assets

368,430

587,924

Total assets less current liabilities

1,089,961

1,193,330

Creditors

Amounts falling due after more than one year

10

(971,755

)

(1,148,120

)

Net assets attributable to members

118,206

45,210

Loans and other debts due to members

13

82,706

9,710

Members' other interests

Capital accounts

35,500

118,206

45,210

Total members' interests

Loans and other debts due to members

13

82,706

9,710

Members' other interests

35,500

Amounts due from members

8

(137,712

)

(159,286

)

(19,506

)

(114,076

)

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 31 December 2025 and were signed by:

M Shaw - Designated member

A Shaw - Designated member

1.	STATUTORY INFORMATION

Remarkable Property Investments 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 - No depreciation

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.

STOCKS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

HIRE PURCHASE AND LEASING COMMITMENTS

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 3 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

1,119

At 31 March 2025

1,119

DEPRECIATION

Charge for year

210

At 31 March 2025

210

NET BOOK VALUE

At 31 March 2025

909

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2024

1,251

Revaluations

449

At 31 March 2025

1,700

NET BOOK VALUE

At 31 March 2025

1,700

At 31 March 2024

1,251

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

604,155

Revaluations

114,767

At 31 March 2025

718,922

NET BOOK VALUE

At 31 March 2025

718,922

At 31 March 2024

604,155

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.

7.

STOCKS

2025

2024

£

Stocks

40,483

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

37,379

14,410

Amounts due from members

137,712

159,286

Other debtors

185,451

398,068

360,542

571,764

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts (see note 11)

1,257

1,227

Trade creditors

8,306

2,149

Other creditors

20,950

20,570

Accrued expenses

2,118

1,962

32,631

25,908

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans (see note 11)

142

1,373

Other loans (see note 11)

971,613

1,146,747

971,755

1,148,120

Amounts falling due in more than five years:

Repayable by instalments

Mortgage

508,236

507,481

11.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

Amounts falling due within one year or on demand:

Bank loans - less than 1 yr

1,257

1,227

Amounts falling due between one and two years:

Bank loans - 1-2 years

142

1,258

Loans

463,377

639,266

463,519

640,524

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

115

Amounts falling due in more than five years:

Repayable by instalments

Mortgage

508,236

507,481

12.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Mortgages

508,236

507,481

13.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

Amounts owed to members in respect of profits

82,706

9,710

Falling due within one year

82,706

9,710

In the event of liquidation debts due to members rank ahead of other debts.