ACCOUNTS - Final Accounts preparation

Company Registration Number: OC447650

RHB RETREATS LLP

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

RHB RETREATS LLP

REGISTERED NUMBER: OC447650

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Investments	4		920,000		920,000
			920,000		920,000
Current assets
Cash at bank and in hand	5	6,568		6,744
		6,568		6,744
Creditors: Amounts Falling Due Within One Year	6	(8,380)		(6,074)
Net current (liabilities)/assets			(1,812)		670
Total assets less current liabilities			918,188		920,670

Net assets			918,188		920,670

Represented by:
Loans and other debts due to members within one year
Other amounts		(1,812)		670
		(1,812)		670
Members' other interests
Members' capital classified as equity	920,000		920,000
		920,000		920,000
		918,188		920,670

Total members' interests
Loans and other debts due to members	(1,812)	670
Members' other interests	920,000	920,000
	918,188	920,670

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RHB RETREATS LLP

REGISTERED NUMBER: OC447650

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLPs regime.

The entity 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.

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.

The financial statements have been delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The entity has opted not to file the statement of comprehensive income in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf on 23 December 2025.

Julia Huitson	Julian Huitson
Designated member	Designated member

The notes on pages 4 to 6 form part of these financial statements.

RHB Retreats LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of changes in equity.

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RHB RETREATS LLP

RECONCILIATION OF MEMBERS' INTERESTS

FOR THE YEAR ENDED 31 MARCH 2025


	EQUITY Members' other interests			DEBT Loans and other debts due to members less any amounts due from members in debtors		Total members' interests
	Members' capital (classified as equity)	Other reserves	Total	Other amounts	Total	Total
	£	£	£	£	£	£
Profit for the year available for discretionary division among members	-	4,862	4,862	-	-	4,862
Members' interests after profit for the year	920,000	4,862	924,862	-	-	924,862
Other division of profits	-	(4,862)	(4,862)	4,862	4,862	-
Amounts introduced by members	-	-	-	8,308	8,308	8,308
Drawings on account and distribution of profit	-	-	-	(12,500)	(12,500)	(12,500)
Amounts due to members				670	670
Amounts due from members				-	-
Balance at 31 March 2024	920,000	-	920,000	670	670	920,670
Profit for the year available for discretionary division among members	-	20,375	20,375	-	-	20,375
Members' interests after profit for the year	920,000	20,375	940,375	670	670	941,045
Other division of profits	-	(20,375)	(20,375)	20,375	20,375	-
Amounts introduced by members	-	-	-	2,874	2,874	2,874
Drawings on account and distribution of profit	-	-	-	(25,732)	(25,732)	(25,732)
Amounts due to members				(1,812)	(1,812)
Amounts due from members				-	-
Balance at 31 March 2025	920,000	-	920,000	(1,812)	(1,812)	918,188

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.

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RHB RETREATS LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

RHB Retreats LLP is a limited liability parnership, incorporation in England & Wales, registered number OC447650. The registered office address is Foulsyke House, Fylingdales, Whitby, North Yorkshire, YO22 4QL.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the LLP and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the LLP has transferred the significant risks and rewards of ownership to the buyer;

∙the LLP retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the LLP will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the LLP will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

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RHB RETREATS LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.3

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense in .

2.4

Investment property

Investment property is carried at fair value determined annually by external valuers 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. Changes in fair value are recognised in profit or loss.

2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

4.	Fixed asset investments

		Property Investments
		£
	Cost or valuation
	At 1 April 2024	920,000
	At 31 March 2025	920,000

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RHB RETREATS LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

5.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	6,568	6,744
	6,568	6,744

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Other creditors	5,170	3,104
Accruals and deferred income	3,210	2,970
	8,380	6,074

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