0 false false false false false false false false false false false false false false false false false No description of principal activity 2025-04-06 Sage Accounts Production Advanced 2025 - FRS102_2025 840,743 458,243 382,500 840,743 xbrli:pure xbrli:shares iso4217:GBP OC316094 2025-04-06 2026-04-05 OC316094 2026-04-05 OC316094 2025-04-05 OC316094 2024-04-06 2025-04-05 OC316094 2025-04-05 OC316094 2024-04-05 OC316094 bus:Director2 2025-04-06 2026-04-05 OC316094 core:WithinOneYear 2026-04-05 OC316094 core:WithinOneYear 2025-04-05 OC316094 bus:Director1 2025-04-06 2026-04-05 OC316094 bus:SmallEntities 2025-04-06 2026-04-05 OC316094 bus:AuditExemptWithAccountantsReport 2025-04-06 2026-04-05 OC316094 bus:SmallCompaniesRegimeForAccounts 2025-04-06 2026-04-05 OC316094 bus:EntityNoLongerTradingButTradedInPast 2025-04-06 2026-04-05 OC316094 bus:LimitedLiabilityPartnershipLLP 2025-04-06 2026-04-05 OC316094 bus:FullAccounts 2025-04-06 2026-04-05 OC316094 core:InvestmentPropertyIncludedWithinPPE 2026-04-05 OC316094 core:InvestmentPropertyIncludedWithinPPE 2025-04-05
REGISTERED NUMBER: OC316094

SCAR PROPERTIES LLP

Filleted Unaudited Financial Statements

5 April 2026

SCAR PROPERTIES LLP

Balance Sheet

5 April 2026

| 2026 | 2025
Note | £ | £ | £ | £

Fixed assets

Tangible assets | 4 |  | 382,500 |  | 840,743

Current assets

Debtors | 5 | 454,601 |  | 5,654 |
Cash at bank and in hand | 5,127 |  | 48,492 |
| --------- |  | -------- |
| 459,728 |  | 54,146 |

Creditors: amounts falling due within one year | 6 | ( 1,485) |  | ( 1,380) |
| --------- |  | -------- |
Net current assets |  | 458,243 |  | 52,766
|  | --------- |  | ---------
Total assets less current liabilities |  | 840,743 |  | 893,509
|  | --------- |  | ---------
Net assets |  | 840,743 |  | 893,509
|  | --------- |  | ---------

Represented by:
Loans and other debts due to members

Other amounts | 7 |  | – |  | 52,766

Members' other interests

Members' capital classified as equity |  | 840,743 |  | 840,743
Other reserves |  | – |  | –
|  | --------- |  | ---------
|  | 840,743 |  | 893,509
|  | --------- |  | ---------

Total members' interests

Amounts due from members |  | (451,423) |  | –
Loans and other debts due to members | 7 |  | – |  | 52,766
Members' other interests |  | 840,743 |  | 840,743
|  | --------- |  | ---------
|  | 389,320 |  | 893,509
|  | --------- |  | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006 (as applied to LLPs), the statement of income and retained earnings has not been delivered.
For the year ending 5 April 2026 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of financial statements .

SCAR PROPERTIES LLP

Balance Sheet (continued)

5 April 2026
These financial statements were approved by the members and authorised for issue on 16 July 2026 , and are signed on their behalf by:

E Jackson
Designated Member

Registered number: OC316094

SCAR PROPERTIES LLP

Notes to the Financial Statements

Year ended 5 April 2026

1. | General information

The LLP is registered in England and Wales. The address of the registered office is The Old Forge, Bowling Green Yard, Kirkgate, Knaresborough, HG5 8FL.

2. | Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP 2021).

3. | Accounting policies

Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Members' participation rights
Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed, remuneration and profits).
Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with Section 22 of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships'. A member's participation right results in a liability unless the right to any payment is discretionary on the part of the LLP.
Amounts subscribed or otherwise contributed by members, for example members' capital, are classed as equity if the LLP has an unconditional right to refuse payment to members. If the LLP does not have such an unconditional right, such amounts are classified as liabilities.
Where profits are automatically divided as they arise, so the LLP does not have an unconditional right to refuse payment, the amounts arising that are due to members are in the nature of liabilities. They are therefore treated as an expense in the statement of income and retained earnings in the relevant year. To the extent that they remain unpaid at the year end, they are shown as liabilities in the balance sheet.
Conversely, where profits are divided only after a decision by the LLP or its representative, so that the LLP has an unconditional right to refuse payment, such profits are classed as an appropriation of equity rather than as an expense. They are therefore shown as a residual amount available for discretionary division among members in the statement of income and retained earnings and are equity appropriations in the balance sheet.
Other amounts applied to members, for example remuneration paid under an employment contract and interest on capital balances, are treated in the same way as all other divisions of profits, as described above, according to whether the LLP has, in each case, an unconditional right to refuse payment.
All amounts due to members that are classified as liabilities are presented in the balance sheet within 'Loans and other debts due to members' and are charged to the statement of income and retained earnings within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the balance sheet within 'Members' other interests'.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the LLP are assigned to those units.
Financial instruments
The LLP only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors and loans from banks and other third parties.

4. | Tangible assets

| Investment
| £
Cost |
At 6 April 2025 and 5 April 2026 | 840,743
| ---------
Depreciation |
At 6 April 2025 | –
Impairment losses | 458,243
| ---------
At 5 April 2026 | 458,243
| ---------
Carrying amount |
At 5 April 2026 | 382,500
| ---------
At 5 April 2025 | 840,743
| ---------

The investment comprises a 75% share of a 6,000 square foot office at 2, Greengate, Cardale Park, Harrogate, HG1 1GY which it acquired on 10 November 2005 for £1,120,990. 75% of the original purchase cost is £840,743, and a one third share of this is £280,247.

5. | Debtors

| 2026 | 2025
| £ | £
Other debtors | 454,601 | 5,654
| --------- | -------

6. Creditors: amounts falling due within one year

| 2026 | 2025
| £ | £
Other creditors | 1,485 | 1,380
| ------- | -------

7. | Loans and other debts due to members

| 2026 | 2025
| £ | £
Amounts owed to members in respect of profits | – | 52,766
| ---- | --------