R & M Home Counties LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC330472

		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		2,245,000		3,095,000

			2,245,000		3,095,000
CURRENT ASSETS
Debtors	5	82,702		113,467
Cash at bank and in hand		32,957		19,086

		115,659		132,553
Creditors: Amounts Falling Due Within One Year	6	(7,597 )		(26,387 )

NET CURRENT ASSETS (LIABILITIES)			108,062		106,166

TOTAL ASSETS LESS CURRENT LIABILITIES			2,353,062		3,201,166

Creditors: Amounts Falling Due After More Than One Year	7		(584,590 )		(1,303,842 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			1,768,472		1,897,324

REPRESENTED BY:
Equity
Members' other interests
Members' capital		479,783		200,029
Fair value reserve		1,288,689		1,697,295

			1,768,472		1,897,324

TOTAL MEMBERS' INTEREST
Members' other interests			1,768,472		1,897,324

			1,768,472		1,897,324

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R & M Home Counties LLP

Balance Sheet (continued)

As At 31 March 2025

For the 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 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

P J Rosenkranz

Designated Member

30 July 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

R & M Home Counties LLP is a limited liability partnership, incorporated in England & Wales, registered number OC330472 . The Registered Office is Alton House, 66/68 High Street, Northwood, Middlesex, HA6 1BL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees during the year was as follows: NIL (2024: NIL)

4. Investment Property

	31 March 2025
	£
Fair Value
As at 1 April 2024	3,095,000
Disposals	(850,000 )

As at 31 March 2025	2,245,000

If the investment property had not been revalued it would have been included at the historical cost of £858,587 (2024 - £1,299,981).

5. Debtors

	31 March 2025	31 March 2024
	£	£
Due within one year
Prepayments and accrued income	1,680	32,445
Other debtors	22	22
Amounts owed by participating interests	81,000	81,000

	82,702	113,467

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R & M Home Counties LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Bank loans and overdrafts	5,000	23,790
Other creditors	97	97
Accrued expenses	2,500	2,500

	7,597	26,387

7. Creditors: Amounts Falling Due After More Than One Year

	31 March 2025	31 March 2024
	£	£
Bank loans	322,150	1,041,402
Amounts owed to joint ventures	262,440	262,440

	584,590	1,303,842

8. Secured Creditors

Of the creditors the following amounts are secured.

	31 March 2025		31 March 2024
	£		£
Bank loans and overdrafts	327,150		1,065,192

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