IRIS Accounts Production v25.3.0.601 OC328971 designated member 6.4.24 5.4.25 5.4.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh OC328971 2024-04-05 OC328971 2025-04-05 OC328971 2024-04-06 2025-04-05 OC328971 2023-04-05 OC328971 2023-04-06 2024-04-05 OC328971 2024-04-05 OC328971 ns15:EnglandWales 2024-04-06 2025-04-05 OC328971 ns14:PoundSterling 2024-04-06 2025-04-05 OC328971 ns10:PartnerLLP1 2024-04-06 2025-04-05 OC328971 ns10:LimitedLiabilityPartnershipLLP 2024-04-06 2025-04-05 OC328971 ns10:SmallEntities 2024-04-06 2025-04-05 OC328971 ns10:AuditExempt-NoAccountantsReport 2024-04-06 2025-04-05 OC328971 ns10:SmallCompaniesRegimeForAccounts 2024-04-06 2025-04-05 OC328971 ns10:LimitedLiabilityPartnershipsSORP 2024-04-06 2025-04-05 OC328971 ns10:FullAccounts 2024-04-06 2025-04-05 OC328971 ns10:PartnerLLP2 2024-04-06 2025-04-05 OC328971 ns10:RegisteredOffice 2024-04-06 2025-04-05 OC328971 ns5:CurrentFinancialInstruments 2025-04-05 OC328971 ns5:CurrentFinancialInstruments 2024-04-05 OC328971 ns5:Non-currentFinancialInstruments 2025-04-05 OC328971 ns5:Non-currentFinancialInstruments 2024-04-05 OC328971 ns5:FurnitureFittings 2024-04-06 2025-04-05 OC328971 ns5:MotorVehicles 2024-04-06 2025-04-05 OC328971 ns5:ComputerEquipment 2024-04-06 2025-04-05 OC328971 ns5:FurnitureFittings 2024-04-05 OC328971 ns5:MotorVehicles 2024-04-05 OC328971 ns5:ComputerEquipment 2024-04-05 OC328971 ns5:FurnitureFittings 2025-04-05 OC328971 ns5:MotorVehicles 2025-04-05 OC328971 ns5:ComputerEquipment 2025-04-05 OC328971 ns5:FurnitureFittings 2024-04-05 OC328971 ns5:MotorVehicles 2024-04-05 OC328971 ns5:ComputerEquipment 2024-04-05 OC328971 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-04-05 OC328971 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-04-05 OC328971 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2025-04-05 OC328971 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2024-04-05

REGISTERED NUMBER: OC328971 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025

FOR

PCHP PROPERTY LLP

| PCHP PROPERTY LLP (REGISTERED NUMBER: OC328971) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 5 April 2025

Page |

| General Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| PCHP PROPERTY LLP |

GENERAL INFORMATION

for the Year Ended 5 April 2025

| DESIGNATED MEMBERS: | P C H Pheysey

| Ms H E Fifield

| REGISTERED OFFICE: | 10 London Mews

| London

| W2 1HY

| REGISTERED NUMBER: | OC328971 (England and Wales)

| ACCOUNTANTS: | Stein Richards

| Chartered Accountants

| 10 London Mews

| Paddington

| LONDON

| W2 1HY

| PCHP PROPERTY LLP (REGISTERED NUMBER: OC328971) |

BALANCE SHEET

5 April 2025

| 5.4.25 | 5.4.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 59,072 |  | 82,791 |  |

CURRENT ASSETS

Debtors | 5 | 111,306 |  | 45,813 |  |

Cash at bank | 39,927 |  | 423,676 |  |

151,233 |  | 469,489 |  |

CREDITORS

Amounts falling due within one year | 6 | 70,919 |  | 150,963 |  |

NET CURRENT ASSETS | 80,314 |  | 318,526 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 139,386 |  | 401,317 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 105,229 |  | 159,666 |  |

NET ASSETS ATTRIBUTABLE TO MEMBERS | 34,157 |  | 241,651 |  |

LOANS AND OTHER DEBTS DUE TO MEMBERS | 9 | 34,157 |  | 241,651 |  |

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members | 9 | 34,157 |  | 241,651 |  |

Amounts due from members | 5 | (15,129 | ) | - |  |

19,028 |  | 241,651 |  |

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.

| PCHP PROPERTY LLP (REGISTERED NUMBER: OC328971) |

BALANCE SHEET - continued

5 April 2025

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 23 December 2025 and were signed by:

P C H Pheysey - Designated member

| PCHP PROPERTY LLP (REGISTERED NUMBER: OC328971) |

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 5 April 2025

1. | STATUTORY INFORMATION

| PCHP Property 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.

| After reviewing the LLPs forecasts and projections, the partners have reasonable expectation that the LLP has adequate resources to continue in operational existence for the foreseeable future. The LLP therefore continues to adopt the going concern basis in preparing its financial statements.

| Turnover

| Turnover represents the provision of property consultancy services excluding VAT and discounts.

| Rendering of services

| Revenue for providing services are recognised when the service has been completed.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Fixtures and fittings | - | 25% reducing balance

| Motor vehicles | - | 25% reducing balance

| Computer equipment | - | 33.33% reducing balance

| Financial instruments

| The LLP only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors and loans to related parties.

| The basic financial debtors and liabilities as listed above are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future payments / receipts discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment. An impairment review is undertaken annually at the balance sheet date.

3. | EMPLOYEE INFORMATION

| The average number of employees during the year was 1 (2024 - 1 ) .

| PCHP PROPERTY LLP (REGISTERED NUMBER: OC328971) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 5 April 2025

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Motor |  | Computer |

| fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 6 April 2024 | 3,580 |  | 150,562 |  | 4,866 |  | 159,008 |  |

| Disposals | - |  | (19,102 | ) | - |  | (19,102 | ) |

| At 5 April 2025 | 3,580 |  | 131,460 |  | 4,866 |  | 139,906 |  |

| DEPRECIATION

| At 6 April 2024 | 3,552 |  | 67,805 |  | 4,860 |  | 76,217 |  |

| Charge for year | 7 |  | 19,682 |  | - |  | 19,689 |  |

| Eliminated on disposal | - |  | (15,072 | ) | - |  | (15,072 | ) |

| At 5 April 2025 | 3,559 |  | 72,415 |  | 4,860 |  | 80,834 |  |

| NET BOOK VALUE

| At 5 April 2025 | 21 |  | 59,045 |  | 6 |  | 59,072 |  |

| At 5 April 2024 | 28 |  | 82,757 |  | 6 |  | 82,791 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 5.4.25 |  | 5.4.24

£ | £ |

| Trade debtors | 48,628 |  | 18,628 |  |

| Other debtors | 62,678 |  | 27,185 |  |

111,306 |  | 45,813 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 5.4.25 |  | 5.4.24

£ | £ |

| Hire purchase contracts | 57,926 |  | 7,577 |  |

| Taxation and social security | 7,849 |  | 61,274 |  |

| Other creditors | 5,144 |  | 82,112 |  |

70,919 |  | 150,963 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 5.4.25 |  | 5.4.24

£ | £ |

| Hire purchase contracts | - |  | 57,926 |  |

| Other creditors | 105,229 |  | 101,740 |  |

105,229 |  | 159,666 |  |

| Amounts falling due in more than five years:

| Repayable otherwise than by instalments

| Other loans more 5yrs non-inst | 105,229 |  | 101,740 |  |

| PCHP PROPERTY LLP (REGISTERED NUMBER: OC328971) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 5 April 2025

8. | SECURED DEBTS

| The following secured debts are included within creditors:

| 5.4.25 |  | 5.4.24

£ | £ |

| Hire purchase contracts | 57,926 |  | 65,503 |  |

9. | LOANS AND OTHER DEBTS DUE TO MEMBERS |

| Monies owed to the partners included in loans and other debts due to members are payable after all creditors have been paid.