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Registration number: OC398932

Nova Salisbury 46 LLP
Annual Report and Unaudited Financial Statements - Companies House Filing
for the Year Ended 31 March 2026

Nova Salisbury 46 LLP

Contents

Financial Statements | 1 to 3
Statement of Financial Position | 1
Notes to the Financial Statements | 2

Nova Salisbury 46 LLP

(Registration number: OC398932)
Statement of Financial Position as at 31 March 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Investment property | 4 | 255,000 | 246,500
Current assets |  |  |
Debtors | 5 | 11,187 | 18,397
Cash and short-term deposits |  | 2,109 | 2,381
|  | 13,296 | 20,778
Creditors: Amounts falling due within one year | 6 | (10,587) | (12,278)
Net current assets |  | 2,709 | 8,500
Net assets attributable to members |  | 257,709 | 255,000
Represented by: |  |  |
Loans and other debts due to members |  |  |
Members' capital classified as a liability |  | 2,709 | -
Members’ other interests |  |  |
Members' capital classified as equity |  | 255,000 | 255,000
|  | 257,709 | 255,000
Total members' interests |  |  |
Amounts due from members |  | (10,915) | (18,125)
Loans and other debts due to members |  | 2,709 | -
Equity |  | 255,000 | 255,000
|  | 246,794 | 236,875

For the year ending 31 March 2026 the limited liability partnership was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied to limited liability partnerships, relating to small entities.

These financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime, as applied to limited liability partnerships. As permitted by section 444 (5A) of the Companies Act 2006, the members have not delivered to the registrar a copy of the Profit and Loss Account.

The members acknowledge their responsibilities for complying with the requirements of the Act, as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 with respect to accounting records and the preparation of accounts.

The financial statements of Nova Salisbury 46 LLP (registered number OC398932) were approved by the Board and authorised for issue on 29 June 2026. They were signed on behalf of the limited liability partnership by:

......................................... T G Lewis, Designated member |  |

Nova Salisbury 46 LLP

Notes to the Financial Statements for the Year Ended 31 March 2026

1 | General information

Nova Salisbury 46 LLP (LLP number: OC398932) is a limited liability partnership incorporated in England and Wales. Its registered office is 41 Commercial Road, Poole, Dorset, BH14 0HU.
The financial statements have been prepared under the historical cost convention in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006 and in accordance with the Statement of Recommended Practice ‘Accounting for Limited Liability Partnerships’ issued in December 2018.
The presentation currency of the financial statements is the Pounds Sterling (£).

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Revenue recognition

Revenue comprises of rents receivable, and is recognised on a straight-line basis over the term of a lease. Revenue is measured at the fair value of the consideration received, excluding VAT.

Taxation

The taxation payable on the partnership's profits is the personal liability of the members. Consequently, neither partnership taxation nor related deferred taxation is accounted for in these financial statements.

Investment properties

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Financial instruments

The LLP only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

3 | Particulars of employees

The average number of persons employed by the limited liability partnership during the year was 0 (2025 - 0).

Nova Salisbury 46 LLP

Notes to the Financial Statements for the Year Ended 31 March 2026

4 | Investment property

| 2026 £
At 1 April 2025 | 246,500
Fair value adjustments | 8,500
At 31 March 2026 | 255,000

The investment property was revalued by the designated members at the balance sheet date at its market value within the benefit of the existing lease. The historic cost of the property was £250,601.

5 | Debtors

| 2026 £ | 2025 £
Other debtors | 10,915 | 18,125
Prepayments and accrued income | 272 | 272
| 11,187 | 18,397

6 | Creditors: Amounts falling due within one year

| 2026 £ | 2025 £
Other creditors | 4,747 | 6,438
Accruals and deferred income | 2,580 | 2,580
Taxation and social security | 3,260 | 3,260
| 10,587 | 12,278

7 | Analysis of other amounts

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 of an event.
There are no restrictions or limitations on the ability of the members to reduce the amount of "Members' other interests".