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Registration number: OC366249

CES Freehold Estates LLP
Unaudited Filleted Financial Statements
for the Year Ended 5 April 2025

CES Freehold Estates LLP

Contents

Limited liability partnership information | 1
Financial Statements | 2 to 6
Balance Sheet | 2
Notes to the Financial Statements | 4

CES Freehold Estates LLP

Limited liability partnership information

Designated members | M B Sadler C E Stevens

Registered office | 3 Warners Mill Silks Way Braintree Essex CM7 3GB

Bankers | HSBC Bank Plc 9 Market Place Romford Essex RM1 3AF

Accountants | Lambert Chapman LLP Chartered Accountants and Statutory Auditors 3 Warners Mill Silks Way Braintree Essex CM7 3GB

CES Freehold Estates LLP

(Registration number: OC366249)
Balance Sheet as at 5 April 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 3 | - | 69,329
Investment property | 4 | 38,075 | -
|  | 38,075 | 69,329
Current assets |  |  |
Cash and short-term deposits |  | 45,562 | 6,810
Creditors: Amounts falling due within one year | 5 | (2,022) | (1,995)
Net current assets |  | 43,540 | 4,815
Net assets attributable to members |  | 81,615 | 74,144
Represented by: |  |  |
Loans and other debts due to members |  |  |
Members' capital classified as a liability |  | 81,615 | 74,144
|  | 81,615 | 74,144
Total members' interests |  |  |
Loans and other debts due to members |  | 81,615 | 74,144
|  | 81,615 | 74,144

For the year ending 5 April 2025 the limited liability partnership was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied to limited liability partnerships, relating to small entities.

These financial statements have been prepared and delivered in accordance with the provisions applicable to limited liability partnerships subject to the small limited liability partnerships regime. As permitted by section 444 (5A) of the Companies Act 2006, the members have not delivered to the registrar a copy of the Profit and Loss Account.

CES Freehold Estates LLP

(Registration number: OC366249)
Balance Sheet as at 5 April 2025

The members acknowledge their responsibilities for complying with the requirements of the Act, as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 with respect to accounting records and the preparation of accounts.

The financial statements of CES Freehold Estates LLP (registered number OC366249) were approved by the Board and authorised for issue on 2 January 2025. They were signed on behalf of the limited liability partnership by:

......................................... M B Sadler Designated member

CES Freehold Estates LLP

Notes to the Financial Statements for the Year Ended 5 April 2025

1 | Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

General information and basis of accounting

The limited liability partnership is incorporated in England under the Limited Liability Partnership Act 2000. The address of the registered office is given on the limited liability partnership information page. The nature of the limited liability partnership’s operations and its principal activities are given in the members’ report.
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are presented in Sterling (£), which is the company's functional currency.

Revenue recognition

Revenue is recognised to the extent that the limited liability partnership obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

Taxation

The taxation payable on the partnership's profits is the personal liability of the members, although payment of such liabilities is administered by the partnership on behalf of its members. Consequently, neither partnership taxation nor related deferred taxation is accounted for in these financial statements. Sums set aside in respect of members' tax obligations are included in the balance sheet within loans and other debts due to members, or are set against amounts due from members as appropriate.

Tangible fixed assets

Individual fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
The gain or loss arising on the disposal of an asset is determined as the difference between the proceeds and the carrying value of the asset and is recognised in the profit and loss account.

Investment properties

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually. The valuations using observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Members' interests

Amounts due to members after more than one year comprise provisions for annuities to current members and certain loans from members which are not repayable within twelve months of the balance sheet date.

CES Freehold Estates LLP

Notes to the Financial Statements for the Year Ended 5 April 2025

Fair value measurement

The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.

2 | Particulars of employees

The average number of persons employed by the limited liability partnership during the year was 2 (2024 - 2).

3 | Tangible fixed assets

| Freehold land and buildings £ | Total £
Cost |  |
At 6 April 2024 | 69,329 | 69,329
Disposals | (31,254) | (31,254)
At 5 April 2025 | 38,075 | 38,075
Depreciation |  |
Transfers | 38,075 | 38,075
At 5 April 2025 | 38,075 | 38,075
Net book value |  |
At 5 April 2025 | - | -
At 5 April 2024 | 69,329 | 69,329

4 | Investment property

| 2025 £
Transfers | 38,075

There has been no valuation of investment property by an independent valuer.
During the year, freehold properties from property, plant and equipment have been reclassified to investment property due to properties being held to earn rental income rather than for use in the company's operations.

CES Freehold Estates LLP

Notes to the Financial Statements for the Year Ended 5 April 2025

5 | Creditors: Amounts falling due within one year

| 2025 £ | 2024 £
Other creditors | 1,500 | 1,995
Accruals and deferred income | 522 | -
| 2,022 | 1,995

6 | Control

The members are the controlling party by virtue of their controlling interest in the limited liability partnership. The ultimate controlling party is the same as the controlling party.