REGISTERED NUMBER: OC412542 (England and Wales)

Unaudited Financial Statements for the Year Ended 5 April 2025

for

Oak Narwana LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

A N Gupta

Dr R Barathan

Dr N Gupta

V K Gupta

REGISTERED OFFICE:

7 Bell Yard

London

WC2A 2JR

REGISTERED NUMBER:

OC412542 (England and Wales)

ACCOUNTANTS:

Marshall & Co

Chartered Accountants

& Chartered Tax Advisers

The Bloc

Springfield Way

Anlaby

Kingston upon Hull

East Yorkshire

HU10 6RJ

FIXED ASSETS

Tangible assets

4

-

16,752

Investments

5

474,766

483,470

Investment property

6

16,319,715

18,202,265

16,794,481

18,702,487

CURRENT ASSETS

Debtors

7

370,552

425,299

Cash at bank

139,042

72,225

509,594

497,524

CREDITORS

Amounts falling due within one year

8

92,868

12,978

NET CURRENT ASSETS

416,726

484,546

TOTAL ASSETS LESS CURRENT LIABILITIES

17,211,207

19,187,033

CREDITORS

Amounts falling due after more than one year

9

5,778,097

6,294,044

NET ASSETS ATTRIBUTABLE TO MEMBERS

11,433,110

12,892,989

LOANS AND OTHER DEBTS DUE TO MEMBERS

-

-

MEMBERS' OTHER INTERESTS

Capital accounts

11,433,110

12,892,989

11,433,110

12,892,989

TOTAL MEMBERS' INTERESTS

Members' other interests

11,433,110

12,892,989

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.

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 7 May 2026 and were signed by:

A N Gupta - Designated member

1.	STATUTORY INFORMATION

Oak Narwana 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.

Significant judgements and estimates

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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.

Plant and machinery etc

-

25% on reducing balance

Investment property

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.

Financial instruments

Basic financial assets, including trade and other receivables and cash and bank balances 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 receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost, using the effective interest rate method.

Basic financial liabilities including trade and other payables are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

Investments

Investments are shown at fair value or where fair value cannot be readily ascertained at cost less impairment. Any aggregate or surplus arising from changes in fair value is recognised through profit and loss.

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 6 April 2024

75,355

Disposals

(69,505

)

At 5 April 2025

5,850

DEPRECIATION

At 6 April 2024

58,603

Charge for year

1,933

Eliminated on disposal

(54,686

)

At 5 April 2025

5,850

NET BOOK VALUE

At 5 April 2025

-

At 5 April 2024

16,752

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 6 April 2024

483,470

Additions

59,229

Disposals

(67,933

)

At 5 April 2025

474,766

NET BOOK VALUE

At 5 April 2025

474,766

At 5 April 2024

483,470

Cost or valuation at 5 April 2025 is represented by:

Other

investments

£

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 6 April 2024

18,202,265

Additions

16,630

Disposals

(2,001,680

)

Revaluations

102,500

At 5 April 2025

16,319,715

NET BOOK VALUE

At 5 April 2025

16,319,715

At 5 April 2024

18,202,265

Fair value at 5 April 2025 is represented by:

£

Valuation in 2019

1,995,427

Valuation in 2020

(537,555

)

Valuation in 2021

(1,853,560

)

Valuation in 2022

1,505,187

Valuation in 2023

2,510,000

Valuation in 2024

562,803

Valuation in 2025

102,500

Cost

12,034,913

16,319,715

7.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

250

18,774

Other debtors

20,788

18,085

21,038

36,859

Amounts falling due after more than one year:

Other debtors

349,514

388,440

Aggregate amounts

370,552

425,299

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

24,684

7,892

Taxation and social security

1,171

3,996

Other creditors

67,013

1,090

92,868

12,978

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

5,778,097

6,294,044

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

5,778,097

6,294,044