Maunie Properties LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC357608 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

MAUNIE PROPERTIES LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DESIGNATED MEMBERS:

A Signorini

P J Bowen

REGISTERED OFFICE:

111 Park Street, Mayfair

London

W1K 7JF

REGISTERED NUMBER:

OC357608 (England and Wales)

ACCOUNTANTS:

A.C.T. London Limited

27 Hill Street

Mayfair, London

W1J 5LP

FIXED ASSETS

Investment property

4

915,367

874,023

CURRENT ASSETS

Debtors

5

123,925

159,673

Cash in hand

16,300

140,225

175,973

CREDITORS

Amounts falling due within one year

6

(5,729

)

(2,700

)

NET CURRENT ASSETS

134,496

173,273

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,049,863

1,047,296

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

601,027

598,460

MEMBERS' OTHER INTERESTS

Fair value reserve

8

448,836

1,049,863

1,047,296

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

601,027

598,460

Members' other interests

448,836

Amounts due from members

5

(123,340

)

(159,133

)

926,523

888,163

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 September 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 26 June 2026 and were signed by:

A Signorini - Designated member

1.	STATUTORY INFORMATION

Maunie Properties 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.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEE INFORMATION

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

874,023

Exchange differences

41,344

At 30 September 2025

915,367

NET BOOK VALUE

At 30 September 2025

915,367

At 30 September 2024

874,023

The investment property represents a residential property located in Italy.

The beneficial owner of the company has assessed the valuation of the properties based on estimated valuation obtained from a reputable website and against comparable properties sold within the area.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

Amounts due from members

123,340

159,133

Prepayments

585

540

123,925

159,673

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

Trade creditors

2,489

-

Accrued expenses

3,240

2,700

5,729

2,700

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

30.9.25

30.9.24

£

Loans from members

600,927

598,360

Capital account

100

601,027

598,460

Falling due within one year

601,027

598,460

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up. Amounts due to members that are classified as equity are shown in the Balance Sheet within 'Members' other interests'.

8.

RESERVES

Fair value

reserve

£

At 1 October 2024

and 30 September 2025

448,836

9.	RELATED PARTY DISCLOSURES

No transactions with related parties were undertaken such as are required to be disclosed under the Financial Reporting Standard (effective January 2016), other than those disclosed in notes 4,5,6,7 to the financial statements.