Company No: OC400003 (England and Wales)

Contents

• Limited Liability Partnership Information
• Balance Sheet
• Reconciliation of Members' Interests
• Notes to the Financial Statements

Designated members	S Blanch
	R Kent
	G Maclean
	N J Morris

Registered office	Roundstone Caravans
	Worthing Road
	Southwater
	Horsham
	West Sussex
	RH13 9JG
	United Kingdom

Registered number

OC400003 (England and Wales)

Accountant	Kreston Reeves LLP
	Springfield House
	Springfield Road
	Horsham
	West Sussex
	RH12 2RG

	Note	31.03.2025		31.03.2024
		£		£
Fixed assets
Tangible assets	3	3,378,491		3,358,070
		3,378,491		3,358,070
Current assets
Stocks		440,264		548,617
Debtors	4	70,254		22,322
Cash at bank and in hand		589,375		451,043
		1,099,893		1,021,982
Creditors: amounts falling due within one year	5	( 481,805)		( 562,514)
Net current assets		618,088		459,468
Total assets less current liabilities		3,996,579		3,817,538
Net assets attributable to members		3,996,579		3,817,538
Represented by
Loans and other debts due to members within one year
Other amounts	7	3,996,579		3,817,538
		3,996,579		3,817,538
Members' other interests
		0		0
		3,996,579		3,817,538
Total members' interests
Loans and other debts due to members		3,996,579		3,817,538
		3,996,579		3,817,538

For the financial year ending 31 March 2025 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.

Members' responsibilities:

• The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime and a copy of the Statement of Comprehensive Income has not been delivered.

The financial statements of Roundstone Caravan Depot LLP (registered number: OC400003) were approved and authorised for issue by the Board of Directors on 29 September 2025. They were signed on its behalf by:

R Kent Designated member

	DEBT Loans and other debts due to members less any amounts due from members in debtors	Total members' interests
	Other amounts	Total
	£	£
Amounts due to members	3,822,899
Balance at 01 May 2023	3,822,899	3,822,899
Members' remuneration charged as an expense, including employment and retirement benefit costs	304,175	304,175
Members' interest after result for the financial year/period	4,127,074	4,127,074
Drawings	(309,536)	(309,536)
Amounts due to members	3,817,538
Balance at 31 March 2024	3,817,538	3,817,538
Members' remuneration charged as an expense, including employment and retirement benefit costs	567,717	567,717
Members' interest after result for the financial year/period	4,385,255	4,385,255
Drawings	(388,676)	(388,676)
Amounts due to members	3,996,579
Balance at 31 March 2025	3,996,579	3,996,579

There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Roundstone Caravan Depot LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales. The address of the LLP's registered office is Roundstone Caravans, Worthing Road, Southwater, , Horsham, West Sussex, RH13 9JG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Limited Liability Partnerships Act 2000 as applicable to companies subject to the small companies regime and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships issued in December 2021 (SORP 2022).

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the LLP and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Employee benefits

Defined contribution schemes
The LLP operates a defined contribution scheme. The amount charged to the Statement of Comprehensive Income in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Finance costs

Finance costs are charged to the Statement of Comprehensive Income over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	30 - 50 years straight line
Plant and machinery	10 - 15 % reducing balance
Vehicles	15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	Year ended 31.03.2025		Period from 01.05.2023 to 31.03.2024
	Number		Number
Monthly average number of persons employed by the LLP during the year	8		8

3. Tangible assets

	Land and buildings		Plant and machinery		Vehicles		Total
	£		£		£		£
Cost
At 01 April 2024	3,356,510		95,026		26,131		3,477,667
Additions	0		5,995		36,825		42,820
At 31 March 2025	3,356,510		101,021		62,956		3,520,487
Accumulated depreciation
At 01 April 2024	52,275		45,012		22,310		119,597
Charge for the financial year	13,970		7,474		955		22,399
At 31 March 2025	66,245		52,486		23,265		141,996
Net book value
At 31 March 2025	3,290,265		48,535		39,691		3,378,491
At 31 March 2024	3,304,235		50,014		3,821		3,358,070

4. Debtors

	31.03.2025		31.03.2024
	£		£
Trade debtors	22,770		6,731
Prepayments and accrued income	40,027		12,208
VAT recoverable	7,457		3,383
	70,254		22,322

5. Creditors: amounts falling due within one year

	31.03.2025		31.03.2024
	£		£
Trade creditors	51,105		150,741
Accruals and deferred income	424,029		405,145
Other taxation and social security	6,671		6,628
	481,805		562,514

6. Financial commitments

Pensions

The LLP operates a defined contribution pension scheme for the members and employees. The assets of the scheme are held separately from those of the LLP in an independently administered fund.

The pension cost charge represents contributions payable by the entity to the fund and amounted to £6,249 (2024 - £5,984) Contributions totalling £nil (2024 - £nil) were payable to the fund at the balance sheet date.

7. Loans and other debtors due to members

	31.03.2025		31.03.2024
	£		£
Other amounts due to members	3,996,579		3,817,538

Loans and other debts due to members are repayable on demand and are therefore considered to be falling due within one year.

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.