REGISTERED NUMBER: OC448966 (England and Wales)

REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2025

FOR

SHUBH PROPERTIES LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

M Samani

Mrs S Dyall-Samani

REGISTERED OFFICE:

1 Woodland Avenue

Walsall

West Midlands

WS5 3LN

REGISTERED NUMBER:

OC448966 (England and Wales)

ACCOUNTANTS:

Segrave & Partners LLP

Chartered Accountants

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

The members present their report with the financial statements of the LLP for the year ended 5 April 2025.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of property rental.

DESIGNATED MEMBERS

The designated members during the year under review were:

M Samani

Mrs S Dyall-Samani

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £7,372 (2024 - £1,238 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

Mrs S Dyall-Samani - Designated member

18 December 2025

TURNOVER

20,400

10,200

Cost of sales

1,632

815

GROSS PROFIT

18,768

9,385

Administrative expenses

7,460

6,179

OPERATING PROFIT

11,308

3,206

Interest payable and similar expenses

3,936

1,968

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

7,372

1,238

FIXED ASSETS

Investment property

4

360,000

409,507

CURRENT ASSETS

Debtors

5

740

725

CREDITORS

Amounts falling due within one year

6

1,260

1,200

NET CURRENT LIABILITIES

(520

)

(475

)

TOTAL ASSETS LESS CURRENT LIABILITIES

359,480

409,032

CREDITORS

Amounts falling due after more than one year

7

182,521

182,567

NET ASSETS ATTRIBUTABLE TO MEMBERS

176,959

226,465

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

176,959

176,958

MEMBERS' OTHER INTERESTS

Revaluation reserve

9

-

49,507

176,959

226,465

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

176,959

176,958

Members' other interests

-

49,507

176,959

226,465

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 5 April 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 18 December 2025 and were signed by:

Mrs S Dyall-Samani - Designated member

M Samani - Designated member

1.	STATUTORY INFORMATION

Shubh Properties 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.

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 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 6 April 2024

409,507

Revaluations

(49,507

)

At 5 April 2025

360,000

NET BOOK VALUE

At 5 April 2025

360,000

At 5 April 2024

409,507

Fair value at 5 April 2025 is represented by:

£

Valuation in 2024

49,507

Valuation in 2025

(49,507

)

Cost

360,000

360,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

740

725

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

1,260

1,200

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

182,567

Other creditors

182,521

-

182,521

182,567

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up. There is no provision for specific legally enforceable protection afforded to creditors, in such an event.

9.

RESERVES

Revaluation

reserve

£

At 6 April 2024

49,507

Revaluation in the year

(49,507

)

At 5 April 2025

-