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Registration number: OC418602

Sandley Estate LLP

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2025

 

Sandley Estate LLP

Limited liability partnership information

Designated members

J Barnett

K Barnett
 

Registered office

4th Floor
45 Ludgate Hill
London
EC4M 7JU

Accountants

EVMS Partners LLP
Chartered Accountants
45 Ludgate Hill
London
EC4M 7JU

 

Sandley Estate LLP

(Registration number: OC418602)
Balance Sheet as at 31 December 2025

2025
£

2024
£

Fixed assets

74,610

184,470

Current assets

88,981

36,601

Creditors: Amounts falling due within one year

(1,800)

(5,226)

Net current assets

87,181

31,375

Net assets attributable to members

161,791

215,845

Total members' interests

Loans and other debts due to members

458,304

458,304

Equity

(296,513)

(242,459)

 

161,791

215,845

Particulars of employees

The average number of persons employed by the LLP during the year was 0 (2024 - 0).

Members' confirmations

These financial statements have been prepared in accordance with the provisions applicable to limited liability partnerships subject to the micro limited liability partnerships regime and delivered in accordance with the provision applicable to limited liability partnerships subject to the small limited liability partnerships regime. 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.

For the year ending 31 December 2025 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.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, 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 Sandley Estate LLP (registered number OC418602) were approved by the members and authorised for issue on 25 February 2026. They were signed on behalf of the limited liability partnership by:

.........................................
J Barnett
Designated member

 

Sandley Estate LLP

(Registration number: OC418602)
Balance Sheet as at 31 December 2025

Accounting policies

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense' in the profit & loss account.

In the event of the LLP making losses, the loss is recognised as a credit amount of 'Members' remuneration charged as an expense where it is automatically divided or as a debit within equity under 'Other reserves' if not divided automatically.