2 April 2024 false No description of principal activity Taxfiler 2024.6 OC451668business:LimitedLiabilityPartnershipLLP2024-04-022025-04-30 OC4516682024-04-01 OC4516682024-04-022025-04-30 OC451668business:AuditExempt-NoAccountantsReport2024-04-022025-04-30 OC451668business:FilletedAccounts2024-04-022025-04-30 OC4516682025-04-30 OC451668business:PartnerLLP32024-04-022025-04-30 OC451668business:PartnerLLP52024-04-022025-04-30 OC451668business:RegisteredOffice2024-04-022025-04-30 OC451668core:ShareCapital2025-04-30 OC451668core:RetainedEarningsAccumulatedLosses2025-04-30 OC451668business:SmallEntities2024-04-022025-04-30 OC451668countries:EnglandWales2024-04-022025-04-30 iso4217:GBP xbrli:pure
Registered No. OC451668 (England and Wales)
Ess Assets LLP Unaudited accounts for the period from 2 April 2024 to 30 April 2025
Ess Assets LLP LLP Information for the period from 2 April 2024 to 30 April 2025
Designated members
Mrs Hina Tariq Siddiqi
Mr Tariq Azam Siddiqi
Registered Number
OC451668 (England and Wales)
Registered Office
17 Harvard Walk Romford Hornchurch RM12 4BB England
Accountants
Maknas Accountants Limited 2A Grange Road Romford Essex RM3 7DU
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Ess Assets LLP Statement of financial position as at 30 April 2025
2025 
Notes
£ 
Fixed assets
Investment property
575,000 
Net current assets
- 
Net assets attributable to members
575,000 
Represented by:
Members' other interests
Members' capital classified as equity
580,024 
Other reserves
(5,024)
575,000 
575,000 
Total members' interests
Members' other interests
575,000 
575,000 
For the period ending 30 April 2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 2 January 2026.
Mr Tariq Azam Siddiqi Designated member Limited Liability Partnership Registration No. OC451668
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Ess Assets LLP Notes to the Accounts for the period from 2 April 2024 to 30 April 2025
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment properties are revalued annually and any surplus or deficit is dealt with through profit and loss. No depreciation is provided in respect of investment properties.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rental income is recognised when invoice is raised.
Members' remuneration
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense. Members are expected to subscribe a minimum amount of capital and may be invited to contribute more. On retirement, all capital is repaid to the member concerned. Members' shares in the profit or loss for the year available for discretionary division among the members are accounted for as an allocation of that balance. Allocated balances are split between the members with any unallocated balances being included within 'Other reserves'. Members are permitted to make drawings in anticipation of that allocation, subject to the agreement of the other members.
2
Statutory information
Ess Assets LLP is a limited liability partnership, incorporated in England and Wales, registration number OC451668. Its registered office is 17 Harvard Walk, Romford, Hornchurch, RM12 4BB, England.
3
Investment property
2025 
£ 
Additions
575,000 
At 30 April 2025
575,000 
The directors have valued the property based on the current market value and condition of the property
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
5
Average number of employees
During the period the average number of employees was 2.
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