Arden Property Management LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: SO301137

		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		5,167		33,583
Tangible Assets	5		77,543		89,915

			82,710		123,498
CURRENT ASSETS
Debtors	6	28,866		63,123
Cash at bank and in hand		241,938		42,902

		270,804		106,025
Creditors: Amounts Falling Due Within One Year	7	(89,977 )		(45,864 )

NET CURRENT ASSETS (LIABILITIES)			180,827		60,161

TOTAL ASSETS LESS CURRENT LIABILITIES			263,537		183,659

Creditors: Amounts Falling Due After More Than One Year	8		(242,354 )		(40,540 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			21,183		143,119

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		21,183		143,119

			21,183		143,119

			21,183		143,119

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			21,183		143,119

			21,183		143,119

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Arden Property Management 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

Mrs C Smith

Designated Member

12 November 2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Arden Property Management LLP is a limited liability partnership, incorporated in Scotland, registered number SO301137 . The Registered Office is 43 Morningside Road, Edinburgh, EH10 4DR.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	in accordance with the property
Plant & Machinery	25% on cost
Fixtures & Fittings	25% on cost

3. Average Number of Employees

Average number of employees during the year was: 10 (2024: 8)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	332,881

As at 31 March 2025	332,881

...CONTINUED

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Arden Property Management LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Amortisation
As at 1 April 2024	299,298
Provided during the period	28,416

As at 31 March 2025	327,714

Net Book Value
As at 31 March 2025	5,167

As at 1 April 2024	33,583

5. Tangible Assets

	Land & Property
	Leasehold	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 April 2024	108,707	11,870	120,577

As at 31 March 2025	108,707	11,870	120,577

Depreciation
As at 1 April 2024	24,836	5,826	30,662
Provided during the period	9,964	2,408	12,372

As at 31 March 2025	34,800	8,234	43,034

Net Book Value
As at 31 March 2025	73,907	3,636	77,543

As at 1 April 2024	83,871	6,044	89,915

6. Debtors

	31 March 2025	31 March 2024
	£	£
Due within one year
Trade debtors	50	46,321
Prepayments and accrued income	13,696	6,552
Other debtors	15,120	10,250

	28,866	63,123

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Arden Property Management LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Trade creditors	4,586	3,351
Bank loans and overdrafts	61,094	17,143
Other taxes and social security	5,531	1,105
VAT	18,614	19,771
Other creditors	152	4,494

	89,977	45,864

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

	31 March 2025	31 March 2024
	£	£
Bank loans	242,354	40,540

9. Secured Creditors

Of the creditors the following amounts are secured. The loan is secured via a bond and floating charge over the assets of the LLP and also by personal guarantee from Mrs C Smith.

	31 March 2025		31 March 2024
	£		£
Bank loans and overdrafts	291,224		35,259

10. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	31 March 2025	31 March 2024
	£	£
Not later than one year	48,000	36,000
Later than one year and not later than five years	192,000	144,000
Later than five years	30,000	58,500

	270,000	238,500

11. Related Party Transactions

Rent of £42,875 (2024: £33,000) is paid to Almondell Properties Ltd. Catriona Smith is a Director and majority shareholder of Almondell Properties Ltd. All transactions are paid under normal commercial terms.

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Arden Property Management LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

12. Exceptional Items

During the year the LLP incurred an exceptional expense which was made to correct a previous accounting adjustment arising in the ordinary course of business. The Members consider that separate disclosure is necessary to provide a true and fair view of the LLP's results for the period.

The adjustment is not expected to recur in future periods.

13. 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.

There are no restrictions or limitations on the ability of the members to reduce the amount of ‘Members’ other interests'

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