Company No: OC445809 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

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 Profit and Loss Account has not been delivered.

The financial statements of Brock House Partnership LLP (registered number: OC445809) were approved and authorised for issue by the Board of Directors on 16 December 2025. They were signed on its behalf by:

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

Brock House Partnership 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 22 Charing Cross Road, London, WC2H 0HS, United Kingdom.

The statutory accounts have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships".

The functional currency of Brock House Partnership LLP is considered to be pounds sterling because that is the currency of the primary economic environment in which the LLP operates.

These financial statements are separate financial statements.

Turnover

Turnover represents amounts receivable from rental properties relating to the period and other income when it becomes due. Turnover is recognised on an accruals basis.

Investment property

Investment property is stated at valuation. Investment property is carried at fair value as determined annually by the members. No depreciation is provided. Changes in fair value are recognised in the statement of comprehensive income.

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the LLP becomes a party to the contractual provisions of the instruments.

Trade and other debtors and creditors are classified as basic financial instruments and measured at transaction price. A provision is established when there is objective evidence that the LLP will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash at bank and in hand.

2. Employees

3. Investment property

The investment property was transferred into the LLP at valuation in the period ended 31 March 2024. The members are of the opinion that that there has been no material movement in the valuation during the year.

4. Debtors

5. Creditors: amounts falling due within one year

6. Creditors: amounts falling due after more than one year

The bank loan of £15,000,000 is a fixed rate, interest only loan payable over 9 years from the first drawdown. Interest is charged at a rate of 6.1% per annum.