Acorah Software Products - Accounts Production 16.8.310 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 OC431493 C Partrick S P Partrick iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC431493 2024-03-31 OC431493 2025-03-31 OC431493 2024-04-01 2025-03-31 OC431493 frs-core:CurrentFinancialInstruments 2025-03-31 OC431493 frs-core:Non-currentFinancialInstruments 2025-03-31 OC431493 frs-core:InvestmentPropertyIncludedWithinPPE 2025-03-31 OC431493 frs-core:InvestmentPropertyIncludedWithinPPE 2024-04-01 2025-03-31 OC431493 frs-core:InvestmentPropertyIncludedWithinPPE 2024-03-31 OC431493 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC431493 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC431493 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 OC431493 frs-bus:SmallEntities 2024-04-01 2025-03-31 OC431493 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC431493 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC431493 frs-countries:EnglandWales 2024-04-01 2025-03-31 OC431493 frs-bus:PartnerLLP1 2024-04-01 2025-03-31 OC431493 frs-bus:PartnerLLP2 2024-04-01 2025-03-31 OC431493 2023-03-31 OC431493 2024-03-31 OC431493 2023-04-01 2024-03-31 OC431493 frs-core:CurrentFinancialInstruments 2024-03-31 OC431493 frs-core:Non-currentFinancialInstruments 2024-03-31
Registered number: OC431493
Partrick Properties LLP
Unaudited Financial Statements
For The Year Ended 31 March 2025
Elsby & Company Limited
Partrick Properties LLP
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
Partrick Properties LLP
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: OC431493

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 1,185,000 |  | 1,140,000
|  |  | 1,185,000 |  | 1,140,000
Creditors: Amounts Falling Due Within One Year | 5 | (296 ) |  | (1,477 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (296 ) |  | (1,477 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,184,704 |  | 1,138,523
Creditors: Amounts Falling Due After More Than One Year | 6 |  | (619,260 ) |  | (621,077 )
NET ASSETS ATTRIBUTABLE TO MEMBERS |  |  | 565,444 |  | 517,446
REPRESENTED BY:
Loans and other debts due to members
Members' capital classified as a liability |  | 335,444 |  | 332,446 |
|  |  | 335,444 |  | 332,446
Equity
Members' other interests
Revaluation reserve |  | 230,000 |  | 185,000 |
|  |  | 230,000 |  | 185,000
|  |  | 565,444 |  | 517,446
TOTAL MEMBERS' INTEREST
Loans and other debts due to members |  |  | 335,444 |  | 332,446
Members' other interests |  |  | 230,000 |  | 185,000
|  |  | 565,444 |  | 517,446

Page 1
Page 2
Partrick Properties 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

C Partrick Designated Member | S P Partrick Designated Member
18th August 2025

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Partrick Properties LLP
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Partrick Properties LLP is a limited liability partnership, incorporated in England & Wales, registered number OC431493 . The Registered Office is 155 Wellingborough Road, Rushden, Northamptonshire, NN10 9TB.
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. Investment Properties
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. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets

| Investment Properties
--- | ---
| £
Cost or Valuation
As at 1 April 2024 | 1,140,000
Revaluation | 45,000
As at 31 March 2025 | 1,185,000
Net Book Value
As at 31 March 2025 | 1,185,000
As at 1 April 2024 | 1,140,000

Cost or valuation as at 31 March 2025 represented by:

| Investment Properties
--- | ---
| £
At cost | 955,000
At valuation | 230,000
| 1,185,000

5. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 296 |  | 1,477

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 619,260 |  | 621,077

Page 3
Page 4
Partrick Properties LLP
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
7. Secured Creditors
Of the creditors the following amounts are secured.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 619,260 |  | 621,077

8. Loans and Other Debts Due To Members
In the event of a winding up the amounts included in 'Loans and other debts due to members' will rank equally with unsecured creditors.
Page 4