REGISTERED NUMBER: OC436405 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Longacre Lettings LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DESIGNATED MEMBERS:

Mr A J Hale

Mrs L A Hale

REGISTERED OFFICE:

46 Long Acre Road

Whitchurch

Bristol

BS14 0HW

REGISTERED NUMBER:

OC436405 (England and Wales)

ACCOUNTANTS:

Norton Tax Shops Limited

3 & 5 Station Road

Keynsham

Bristol

BS31 2BH

FIXED ASSETS

Tangible assets

4

1,362,500

1,362,500

CREDITORS

Amounts falling due within one year

5

693

660

NET CURRENT LIABILITIES

(693

)

(660

)

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,361,807

1,361,840

LOANS AND OTHER DEBTS DUE TO MEMBERS

1,361,807

1,361,840

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

1,361,807

1,361,840

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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 8 August 2025 and were signed by:

Mr A J Hale - Designated member

Mrs L A Hale - Designated member

1.	STATUTORY INFORMATION

Longacre 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.

Tangible fixed assets

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

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

1,362,500

NET BOOK VALUE

At 31 March 2025

1,362,500

At 31 March 2024

1,362,500

Cost or valuation at 31 March 2025 is represented by:

Freehold

property

£

Valuation in 2022

790,000

Valuation in 2023

572,500

1,362,500

Freehold land and buildings were valued on an open market basis on 31 March 2025 by the members .

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Accrued expenses

693

660