REGISTERED NUMBER: OC423146 (England and Wales)

Financial Statements for the Year Ended 30 June 2025

for

Chibnall Property Partnership LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Miss I R Chibnall

Miss C A Chibnall

Miss C J Chibnall

REGISTERED OFFICE:

Richmond House

Lawnswood Business Park

Redvers Close

Leeds

West Yorkshire

LS16 6QY

REGISTERED NUMBER:

OC423146 (England and Wales)

ACCOUNTANTS:

Richard Smedley Limited

Chartered Accountants & Registered Auditors

Richmond House

Lawnswood Business Park

Redvers Close

Leeds

West Yorkshire

LS16 6QY

FIXED ASSETS

Investment property

4

307,000

326,500

CURRENT ASSETS

Debtors

133,254

129,842

Cash at bank and in hand

5,608

10,792

138,862

140,634

CREDITORS

Amounts falling due within one year

5

1,076

1,043

NET CURRENT ASSETS

137,786

139,591

TOTAL ASSETS LESS CURRENT LIABILITIES

444,786

466,091

CREDITORS

Amounts falling due after more than one year

6

128,588

127,402

NET ASSETS ATTRIBUTABLE TO MEMBERS

316,198

338,689

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

316,198

321,141

MEMBERS' OTHER INTERESTS

Revaluation reserve

9

-

17,548

316,198

338,689

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

316,198

321,141

Members' other interests

-

17,548

Amounts due from members

(133,254

)

(129,842

)

182,944

208,847

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 30 June 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 19 May 2026 and were signed by:

Miss C J Chibnall - Designated member

1.	STATUTORY INFORMATION

Chibnall Property Partnership 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 represents rents receivable in the period.

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.

3.	EMPLOYEE INFORMATION

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

326,500

Revaluations

(19,500

)

At 30 June 2025

307,000

NET BOOK VALUE

At 30 June 2025

307,000

At 30 June 2024

326,500

Fair value at 30 June 2025 is represented by:

£

Valuation in 2022

37,048

Valuation in 2024

(19,500

)

Valuation in 2025

(19,500

)

Cost

308,952

307,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade creditors

-

1

Other creditors

1,076

1,042

1,076

1,043

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Other creditors

128,588

127,402

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

128,588

127,402

7.	SECURED DEBTS

Mortgage deed is held by Keystone Property Finance Limited.

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of winding up, other unsecured creditors would be paid first before any repayment of members' accounts.

9.

RESERVES

Revaluation

reserve

£

At 1 July 2024

17,548

Fair value reserve

(17,548

)

At 30 June 2025

-