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REGISTERED NUMBER: OC417623 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Element Property Group LLP
Element Property Group LLP (Registered number: OC417623)

Contents of the Financial Statements
for the Year Ended 31 March 2026










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Element Property Group LLP

General Information
for the Year Ended 31 March 2026







DESIGNATED MEMBERS: Mrs C Papanastasiou
A Papanastasiou





REGISTERED OFFICE: 26 Palace Gatees Road
London
N22 7BN





REGISTERED NUMBER: OC417623 (England and Wales)





ACCOUNTANTS: APT
44 The Pantiles
Tunbridge Wells
Kent
TN2 5TN
Page 1
Element Property Group LLP (Registered number: OC417623)

Balance Sheet
31 March 2026

31.3.26 31.3.25
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 71 477
Investment property 5 11,814,065 11,770,000
11,814,136 11,770,477

CURRENT ASSETS
Debtors 6 1,442,353 12,276
Cash at bank 256,169 196,334
1,698,522 208,610
CREDITORS
Amounts falling due within one year 7 49,703 48,893
NET CURRENT ASSETS 1,648,819 159,717
TOTAL ASSETS LESS CURRENT
LIABILITIES
13,462,955
11,930,194

CREDITORS
Amounts falling due after more than one
year
8
1,593,208
-
NET ASSETS ATTRIBUTABLE TO
MEMBERS
11,869,747
11,930,194

The notes form part of these financial statements

Page 2 continued...
Element Property Group LLP (Registered number: OC417623)

Balance Sheet - continued
31 March 2026

31.3.26 31.3.25
Notes £    £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS
122,318
182,765

MEMBERS' OTHER INTERESTS
Capital accounts 11,747,429 11,747,429
11,869,747 11,930,194

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 122,318 182,765
Members' other interests 11,747,429 11,747,429
Amounts due from members 6 (1,442,353 ) -
10,427,394 11,930,194

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2026.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 1 September 2026 and were signed by:





C A Papanastasiou - Designated member

The notes form part of these financial statements

Page 3
Element Property Group LLP (Registered number: OC417623)

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


1. STATUTORY INFORMATION

Element Property Group LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The functional and presentational currency of the LLP is pounds sterling. Monetary amounts in these financial statements are rounded to the nearest £1, except where otherwise indicated.

Going concern
After reviewing the LLP's forecasts and projections, the members have a reasonable expectation that the LLP has adequate resources to continue in operational existence for the foreseeable future. The LLP therefore continues to adopt the going concern basis in preparing its financial statements.

Turnover
Turnover represents rental income received excluding value added tax and is measured at the fair value.

Other income
Interest income, including income arising from finance leases and other financial instruments, is recognised using the effective interest method. Income from fixed asset investments is recognised when the right to it has been established.

Significant judgements and estimates
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Basic financial assets, including trade and other receivables and cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost, using the effective interest rate method.

Basic financial liabilities including trade and other payables are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Page 4 continued...
Element Property Group LLP (Registered number: OC417623)

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


2. ACCOUNTING POLICIES - continued

Provision for liabilities
Provisions are recognised when the LLP has a present obligation (legal or constructive) as a result of a past event, it is probable that the LLP will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value using a pre-tax discount rate. The unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2025 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2025
and 31 March 2026 2,474
DEPRECIATION
At 1 April 2025 1,997
Charge for year 406
At 31 March 2026 2,403
NET BOOK VALUE
At 31 March 2026 71
At 31 March 2025 477

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2025 11,770,000
Additions 4,065
Revaluations 40,000
At 31 March 2026 11,814,065
NET BOOK VALUE
At 31 March 2026 11,814,065
At 31 March 2025 11,770,000

Page 5 continued...
Element Property Group LLP (Registered number: OC417623)

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


5. INVESTMENT PROPERTY - continued

Fair value at 31 March 2026 is represented by:
£   
Valuation in 2020 665,879
Valuation in 2022 (488,774 )
Valuation in 2024 1,701,122
Valuation in 2025 320,874
Valuation in 2026 40,000
Cost 9,574,964
11,814,065

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.26 31.3.25
£    £   
Other debtors 1,442,353 12,276

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.26 31.3.25
£    £   
Other creditors 49,703 48,893

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.26 31.3.25
£    £   
Bank loans 1,593,208 -

9. CONTINGENT LIABILITIES

There is a cross guarantee in place with Element Investments Limited, a connected company, whose bank loan balances totals £5,157,000 (2025: £6,750,208).

10. RELATED PARTY DISCLOSURES

As at 31 March 2026 £1,442,353 (2025: £nil) was owed from an entity connected with key management personnel.The loan is interest free and repayable on demand.

Page 6