REGISTERED NUMBER: OC435112 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

LR STRATEGIES LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

A E Law

Baron M J H Roborough

G D B Stucley

REGISTERED OFFICE:

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

REGISTERED NUMBER:

OC435112 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Intangible assets

4

-

15,405

Tangible assets

5

7,903,010

7,320,799

7,903,010

7,336,204

CURRENT ASSETS

Debtors

6

125,410

12,129

Cash at bank

461,216

59,073

586,626

71,202

CREDITORS

Amounts falling due within one year

7

167,792

12,581

NET CURRENT ASSETS

418,834

58,621

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

8,321,844

7,394,825

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

300,330

123,311

MEMBERS' OTHER INTERESTS

Capital accounts

8,021,514

7,271,514

8,321,844

7,394,825

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

300,330

123,311

Members' other interests

8,021,514

7,271,514

8,321,844

7,394,825

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 31st 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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 5th November 2025 and were signed by:

Baron M J H Roborough - Designated member

1.	STATUTORY INFORMATION

LR Strategies 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.

Turnover and income

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

Rent receivable is recognised in the period to which it relates. Any amounts received in advance are deferred and released in the appropriate period.

Intangible assets

Basic payment scheme entitlements are measured at cost.

Tangible fixed assets

Tangible fixed asset are held at cost.

The value of freehold buildings is not separately identified from land on the LLP's in-hand forestry and farming properties, as this is not considered to provide any additional value to the members. No depreciation is therefore provided in respect of these buildings.

3.	EMPLOYEE INFORMATION

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

4.	INTANGIBLE FIXED ASSETS

Entitlements

£

COST

At 1st April 2024

15,405

Disposals

(15,405

)

At 31st March 2025

-

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

15,405

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

property

property

Totals

£

£

£

COST

At 1st April 2024

7,320,799

-

7,320,799

Additions

-

582,211

582,211

At 31st March 2025

7,320,799

582,211

7,903,010

NET BOOK VALUE

At 31st March 2025

7,320,799

582,211

7,903,010

At 31st March 2024

7,320,799

-

7,320,799

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

55,800

7,500

VAT

66,620

1,861

Prepayments

2,990

2,768

125,410

12,129

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

158,074

9,581

Accrued expenses

9,718

3,000

167,792

12,581

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to ordinary creditors on winding up.