CHJ Properties LLP Filleted accounts for Companies House (small and micro)

REGISTERED NUMBER: OC396851

CHJ PROPERTIES LLP

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 March 2026

CHJ PROPERTIES LLP

STATEMENT OF FINANCIAL POSITION

31 March 2026

	2026		2025
Note	£	£	£	£

FIXED ASSETS

Tangible assets	4		685,000		685,000

CURRENT ASSETS

Cash at bank and in hand	20,556		36,168

CREDITORS: amounts falling due within one year	5	1,440		1,440
		--------		--------
NET CURRENT ASSETS			19,116		34,728
			---------		---------
TOTAL ASSETS LESS CURRENT LIABILITIES			704,116		719,728
			---------		---------
NET ASSETS			704,116		719,728
			---------		---------

REPRESENTED BY:

LOANS AND OTHER DEBTS DUE TO MEMBERS

Members' capital classified as a liability	6	565,497	565,497
Other amounts	6	137,619	153,231
		---------	---------
		703,116	718,728

MEMBERS' OTHER INTERESTS

Members' capital classified as equity	1,000	1,000
Other reserves	–	–
	---------	---------
	704,116	719,728
	---------	---------

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members	6	703,116	718,728
Members' other interests		1,000	1,000
		---------	---------
		704,116	719,728
		---------	---------

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 comprehensive income has not been delivered.

For the year ending 31 March 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 .

CHJ PROPERTIES LLP

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2026

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

Mrs J F Taylor

Designated Member

Registered number: OC396851

CHJ PROPERTIES LLP

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2026

1.	GENERAL INFORMATION

The LLP is registered in England and Wales. The address of the registered office is 1 Kings Court, Kettering Parkway, Kettering, Northamptonshire, NN156WJ, England.

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.

Revenue recognition

Turnover represents rental income receivable and is recognised when the LLP is entitled to that income.

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 comprehensive income in the relevant year. To the extent that they remain unpaid at the year end, they are shown as liabilities in the statement of financial position.

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 comprehensive income and are equity appropriations in the statement of financial position.

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 statement of financial position within 'Loans and other debts due to members' and are charged to the statement of comprehensive income within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the statement of financial position 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.

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.

4.	TANGIBLE ASSETS

	Land and buildings
	£
Cost
At 1 April 2025 and 31 March 2026	685,000
	---------
Depreciation
At 1 April 2025 and 31 March 2026	–
	---------
Carrying amount
At 31 March 2026	685,000
	---------
At 31 March 2025	685,000
	---------

5. CREDITORS: amounts falling due within one year

	2026	2025
	£	£
Other creditors	1,440	1,440
	-------	-------

6.	LOANS AND OTHER DEBTS DUE TO MEMBERS

	2026	2025
	£	£
Amounts owed to members in respect of profits	137,619	153,231
Other amounts	565,497	565,497
	---------	---------
	703,116	718,728
	---------	---------