REGISTERED NUMBER: OC428137 (England and Wales)

Report of the Members and

Unaudited Financial Statements for the Year Ended 31st March 2025

for

Shivani Shaunak LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

Miss S D Shaunak

S Shaunak Holdings Limited

REGISTERED OFFICE:

C/O Ocg Accountants Ltd

Biz Hub Tees Valley

Belasis Hall Technology Park

Billingham

Co. Durham

TS23 4EA

REGISTERED NUMBER:

OC428137 (England and Wales)

ACCOUNTANTS:

OCG Accountants Ltd

Biz Hub Tees Valley

Belasis Hall Technology Park

Coxwold Way

Billingham

Co. Durham

TS23 4EA

The members present their report with the financial statements of the LLP for the year ended 31st March 2025.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of property rentals.

DESIGNATED MEMBERS

The designated members during the year under review were:

Miss S D Shaunak

S Shaunak Holdings Limited

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £93,579 (2024 - £92,926 profit).

MEMBERS' INTERESTS

Members are remunerated from the profits of the LLP and are required to make their own provision for pensions and other benefits. Profits are allocated and divided between members after finalisation of the financial statements. Members draw a proportion of their profit shares during the year in which it is made, with the balance of profits being distributed after the year end, subject to the cash requirements of the business. Capital is repaid to members on resignation or retirement. Only those members who have contributed capital to the LLP are allocated losses, if the LLP declares a loss in a period.

ON BEHALF OF THE MEMBERS:

Miss S D Shaunak - Designated member

5th May 2026

TURNOVER

110,927

91,502

Administrative expenses

(53,563

)

(24,301

)

57,364

67,201

Other operating income

175,235

153,034

OPERATING PROFIT

232,599

220,235

Interest payable and similar expenses

(139,020

)

(127,309

)

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

93,579

92,926

FIXED ASSETS

Tangible assets

4

5,171,341

5,156,210

CURRENT ASSETS

Debtors

5

119,151

57,767

Investments

6

-

1,687

Cash at bank

150,197

183,407

TOTAL ASSETS LESS CURRENT LIABILITIES

5,440,689

5,399,071

CREDITORS

Amounts falling due after more than one year

7

(1,892,038

)

(1,892,038

)

NET ASSETS ATTRIBUTABLE TO MEMBERS

3,548,651

3,507,033

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

64,572

3,507,033

MEMBERS' OTHER INTERESTS

Capital accounts

3,484,079

-

3,548,651

3,507,033

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

64,572

3,507,033

Members' other interests

3,484,079

-

Amounts due from members

5

(64,572

)

-

3,484,079

3,507,033

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 31st March 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.

The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 5th May 2026 and were signed by:

Miss S D Shaunak - Designated member

1.	STATUTORY INFORMATION

Shivani Shaunak 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 as modified by the revaluation of certain assets.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

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

Land and buildings

-

in accordance with the property

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST OR VALUATION

At 1st April 2024

5,156,210

Additions

15,131

At 31st March 2025

5,171,341

NET BOOK VALUE

At 31st March 2025

5,171,341

At 31st March 2024

5,156,210

The members see no benefit in revaluing these properties.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

119,151

57,767

6.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Other

-

1,687

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

1,892,038

1,892,038

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Mortgages

1,892,038

1,892,038

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Members rank ahead of other creditors in a liquidation.