Nova Peeler 61 LLP OC413321 false 2025-04-01 2026-03-31 2026-03-31 The principal activity of the company is property investment. Digita Accounts Production Advanced 6.30.9574.0 true OC413321 2025-04-01 2026-03-31 OC413321 2026-03-31 OC413321 core:WithinOneYear 2026-03-31 OC413321 bus:SmallEntities 2025-04-01 2026-03-31 OC413321 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 OC413321 bus:FilletedAccounts 2025-04-01 2026-03-31 OC413321 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 OC413321 bus:PartnerLLP9 2025-04-01 2026-03-31 OC413321 bus:LimitedLiabilityPartnershipLLP 2025-04-01 2026-03-31 OC413321 countries:AllCountries 2025-04-01 2026-03-31 OC413321 2024-04-01 2025-03-31 OC413321 2025-03-31 OC413321 core:WithinOneYear 2025-03-31 xbrli:pure iso4217:GBP

Registration number: OC413321

Nova Peeler 61 LLP
Annual Report and Unaudited Financial Statements - Companies House Filing
for the Year Ended 31 March 2026

Nova Peeler 61 LLP

(Registration number: OC413321)
Statement of Financial Position as at 31 March 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Investment property | 4 | 360,000 | 360,000
Current assets |  |  |
Debtors | 5 | 74,351 | 74,641
Cash and short-term deposits |  | 16,519 | 16,084
|  | 90,870 | 90,725
Creditors: Amounts falling due within one year | 6 | (15,870) | (15,725)
Net current assets |  | 75,000 | 75,000
Net assets attributable to members |  | 435,000 | 435,000
Represented by: |  |  |
Members’ other interests |  |  |
Members' capital classified as equity |  | 435,000 | 435,000
|  | 435,000 | 435,000
Total members' interests |  |  |
Amounts due from members |  | (74,015) | (74,305)
Equity |  | 435,000 | 435,000
|  | 360,985 | 360,695

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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, as applied to small limited liability partnerships.

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 Peeler 61 LLP (registered number OC413321) were approved by the Board and authorised for issue on 8 June 2026. They were signed on behalf of the limited liability partnership by:

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

Nova Peeler 61 LLP

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

1 | General information

Nova Peeler 61 LLP (LLP number: OC413321) is a limited liability partnership incorporated in England and Wales. Its registered office is 41 Commercial Rd, 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 (£).

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.

2 | Accounting policies

Revenue recognition

Turnover is stated net of discounts, and comprises of rental income. Rental income is recognised on a straight-line basis over the period of the lease.

Taxation

The taxation payable on the partnership's profits is the personal liability of the members, although payment of such liabilities is administered by the partnership on behalf of its members. Consequently, neither partnership taxation or related deferred taxation are accounted for in these financial statements. Sums set aside in respect of members' tax obligations are included in the balance sheet within loans and other debts due to members, or are set against amounts due from members as appropriate.

Investment properties

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

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the limited liability partnership will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Nova Peeler 61 LLP

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

Trade creditors

Financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs and are measured subsequently at amortised cost using the effective interest method.

Members' interests

Amounts due to members after more than one year comprise provisions for annuities to current members and certain loans from members which are not repayable within twelve months of the balance sheet date.

Financial instruments

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

3 | Particulars of employees

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

4 | Investment property

| 2026 £
At 1 April 2025 | 360,000
At 31 March 2026 | 360,000

5 | Debtors

| 2026 £ | 2025 £
Other debtors | 74,015 | 74,305
Prepayments and accrued income | 336 | 336
| 74,351 | 74,641

6 | Creditors: Amounts falling due within one year

| 2026 £ | 2025 £
Other creditors | 14,272 | 14,127
Accruals and deferred income | 1,598 | 1,598
| 15,870 | 15,725

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 afford to creditors in such of an event. There is no restrictions or limitations on the ability of the members to reduce the amount of "Members other interests".