Agora Develop LLP

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

Registered number: OC355649

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	5		718,111		713,923

			718,111		713,923
CURRENT ASSETS
Cash at bank and in hand		141		1,755

		141		1,755
Creditors: Amounts Falling Due Within One Year	6	(1,415 )		(1,572 )

NET CURRENT ASSETS (LIABILITIES)			(1,274 )		183

TOTAL ASSETS LESS CURRENT LIABILITIES			716,837		714,106

NET ASSETS ATTRIBUTABLE TO MEMBERS			716,837		714,106

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		716,837		714,106

			716,837		714,106

			716,837		714,106

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			716,837		714,106

			716,837		714,106

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Agora Develop LLP

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 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

Mrs Paula Willmore Designated Member	Mr Andrew Iles Designated Member
23 December 2025

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

1. General Information

Agora Develop LLP is a limited liability partnership, incorporated in England & Wales, registered number OC355649 . The Registered Office is 267 Hotwell Road, Hotwells, Bristol, BS8 4SF.

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 May 2024 (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. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

33% on cost

2.4. 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 and changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 August 2024	9,651

As at 31 July 2025	9,651

Depreciation
As at 1 August 2024	9,651

As at 31 July 2025	9,651

Net Book Value
As at 31 July 2025	-

As at 1 August 2024	-

5. Investment Property

	2025
	£
Fair Value
As at 1 August 2024	713,923
Additions	4,188

As at 31 July 2025	718,111

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Agora Develop LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	1,415	1,572

7. Related Party Transactions

At the balance sheet date, the LLP owed Willmore Iles Architects Limited, a company of which Mrs Pauls Willmore and Mr Andrew Iles are also directors, £222 (2024 - £222). During the year, the LLP received rental income of £57,068 (2024 - £57,068) from Willmore Iles Architects Limited.

These transactions were deemed to be at arm's length.

Mrs Paula Willmore and Mr Andrew Iles resigned from their positions as directors in Willmore Iles Architects Limited on 31 July 2025 although Mr Andrew Iles retained his position as Company Secretary in that company.

8. Ultimate Controlling Party

In the opinion of the members, there is no single overall controlling party.

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