REGISTERED NUMBER: OC362980 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

BRANDON LETTINGS LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr S A Ross

Mrs C J Ross

REGISTERED OFFICE:

1 Langley Court

Pyle Street

Newport

Isle of Wight

PO30 1LA

REGISTERED NUMBER:

OC362980 (England and Wales)

ACCOUNTANTS:

Mackenzies, a Xeinadin company

1 Langley Court

Pyle Street

Newport

Isle of Wight

PO30 1LA

FIXED ASSETS

Tangible assets

4

1,151,473

1,166,859

CURRENT ASSETS

Debtors

932,534

322,586

Cash at bank

6,611

3,935

939,145

326,521

CREDITORS

Amounts falling due within one year

5

206,298

177,085

NET CURRENT ASSETS

732,847

149,436

TOTAL ASSETS LESS CURRENT LIABILITIES

1,884,320

1,316,295

CREDITORS

Amounts falling due after more than one year

6

2,005,707

1,437,682

NET LIABILITIES ATTRIBUTABLE TO MEMBERS

(121,387

)

(121,387

)

LOANS AND OTHER DEBTS DUE TO MEMBERS

-

-

MEMBERS' OTHER INTERESTS

Capital accounts

(121,387

)

(121,387

)

(121,387

)

(121,387

)

TOTAL MEMBERS' INTERESTS

Members' other interests

(121,387

)

(121,387

)

Amounts due from members

(932,534

)

(322,586

)

(1,053,921

)

(443,973

)

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 2025.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 27 August 2025 and were signed by:

Mr S A Ross - Designated member

1.	STATUTORY INFORMATION

Brandon Lettings 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

in accordance with the property

Plant and machinery

-

at varying rates on cost

Computer equipment

-

15% on cost

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Computer

property

machinery

equipment

Totals

£

£

£

£

COST

At 1 April 2024

1,295,507

72,760

7,438

1,375,705

Additions

-

-

2,413

2,413

At 31 March 2025

1,295,507

72,760

9,851

1,378,118

DEPRECIATION

At 1 April 2024

163,451

42,375

3,020

208,846

Charge for year

12,955

3,638

1,206

17,799

At 31 March 2025

176,406

46,013

4,226

226,645

NET BOOK VALUE

At 31 March 2025

1,119,101

26,747

5,625

1,151,473

At 31 March 2024

1,132,056

30,385

4,418

1,166,859

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

76,006

58,049

Trade creditors

434

15,120

VAT

25,336

14,033

Other creditors

-

2,280

Accruals and deferred income

104,522

87,603

206,298

177,085

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - over 1 year

2,005,707

1,437,682