REGISTERED NUMBER: OC368414 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

CLARKE FAMILY DEVELOPMENTS LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

F M Clarke

J Clarke

REGISTERED OFFICE:

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

REGISTERED NUMBER:

OC368414 (England and Wales)

ACCOUNTANTS:

Watson Associates (Professional Services) Ltd

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

FIXED ASSETS

Investment property

4

750,600

750,600

CURRENT ASSETS

Debtors

5

78,278

211,193

CREDITORS

Amounts falling due within one year

6

(97,390

)

(228,730

)

NET CURRENT LIABILITIES

(19,112

)

(17,537

)

TOTAL ASSETS LESS CURRENT LIABILITIES

731,488

733,063

CREDITORS

Amounts falling due after more than one year

7

(194,103

)

(201,050

)

NET ASSETS ATTRIBUTABLE TO MEMBERS

537,385

532,013

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

190,175

184,580

MEMBERS' OTHER INTERESTS

Capital accounts

118,452

118,675

Other reserves

228,758

228,758

537,385

532,013

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

190,175

184,580

Members' other interests

347,210

347,433

537,385

532,013

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 30 December 2025 and were signed by:

F M Clarke - Designated member

1.	STATUTORY INFORMATION

Clarke Family Developments 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEE INFORMATION

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

750,600

NET BOOK VALUE

At 31 March 2025

750,600

At 31 March 2024

750,600

Fair value at 31 March 2025 is represented by:

£

Valuation in 2022

113,158

Valuation in 2024

115,600

Cost

521,842

750,600

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

414

-

Amounts owed by group undertakings

76,500

210,000

Other debtors

1,364

1,193

78,278

211,193

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

80,149

226,116

Trade creditors

522

557

Other creditors

16,719

2,057

97,390

228,730

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

194,103

201,050

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

167,858

174,805

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Amounts shown as due as loans and other debts due to members rank pari passu in relation to other creditors in the event of a winding up.