Silverfin false false 31/03/2025 01/04/2024 31/03/2025 K Wright 29/01/2021 J Wright 29/01/2021 06 January 2026 The principal activity of the limited liability partnership continued to be that of rental of holiday cottages. OC435309 2025-03-31 OC435309 bus:Director1 2025-03-31 OC435309 bus:Director2 2025-03-31 OC435309 2024-03-31 OC435309 core:CurrentFinancialInstruments 2025-03-31 OC435309 core:CurrentFinancialInstruments 2024-03-31 OC435309 core:PlantMachinery 2024-03-31 OC435309 core:Vehicles 2024-03-31 OC435309 core:FurnitureFittings 2024-03-31 OC435309 core:PlantMachinery 2025-03-31 OC435309 core:Vehicles 2025-03-31 OC435309 core:FurnitureFittings 2025-03-31 OC435309 2024-04-01 2025-03-31 OC435309 bus:FilletedAccounts 2024-04-01 2025-03-31 OC435309 bus:SmallEntities 2024-04-01 2025-03-31 OC435309 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 OC435309 bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC435309 bus:Director1 2024-04-01 2025-03-31 OC435309 bus:Director2 2024-04-01 2025-03-31 OC435309 core:PlantMachinery 2024-04-01 2025-03-31 OC435309 core:Vehicles core:TopRangeValue 2024-04-01 2025-03-31 OC435309 core:FurnitureFittings 2024-04-01 2025-03-31 OC435309 2023-04-01 2024-03-31 OC435309 core:Vehicles 2024-04-01 2025-03-31 OC435309 core:PlantMachinery 1 2024-04-01 2025-03-31 OC435309 core:Vehicles 1 2024-04-01 2025-03-31 OC435309 core:FurnitureFittings 1 2024-04-01 2025-03-31 OC435309 1 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Company No: OC435309 (England and Wales)

# BROCKENHURST PARK ESTATE LLP

### Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

BROCKENHURST PARK ESTATE LLP

## Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

BROCKENHURST PARK ESTATE LLP

## LIMITED LIABILITY PARTNERSHIP INFORMATION

For the financial year ended 31 March 2025
BROCKENHURST PARK ESTATE LLP

## LIMITED LIABILITY PARTNERSHIP INFORMATION (continued)

For the financial year ended 31 March 2025

DESIGNATED MEMBERS | K Wright
| J Wright

REGISTERED OFFICE | 22 Wycombe End
| Beaconsfield
| Buckinghamshire
| HP9 1NB
| United Kingdom

REGISTERED NUMBER | OC435309 (England and Wales)

ACCOUNTANT | S&W Partners (Thames Valley) Limited
| 22 Wycombe End
| Beaconsfield
| Buckinghamshire
| HP9 1NB

BROCKENHURST PARK ESTATE LLP

## BALANCE SHEET

As at 31 March 2025
BROCKENHURST PARK ESTATE LLP

## BALANCE SHEET (continued)

As at 31 March 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 127,052 |  | 166,686
Investment property | 4 | 6,180,399 |  | 6,070,399
|  | 6,307,451 |  | 6,237,085
Current assets |  |  |  |
Debtors | 5 | 62,414 |  | 3,582
Cash at bank and in hand |  | 11,218 |  | 7,141
|  | 73,632 |  | 10,723
Creditors: amounts falling due within one year | 6 | ( 22,943) |  | ( 7,940)
Net current assets |  | 50,689 |  | 2,783
Total assets less current liabilities |  | 6,358,140 |  | 6,239,868
Net assets attributable to members |  | 6,358,140 |  | 6,239,868
Represented by |  |  |  |
Loans and other debts due to members within one year |  |  |  |
Other amounts |  | 6,358,138 |  | 6,239,866
|  | 6,358,138 |  | 6,239,866
Members' other interests |  |  |  |
Members' capital classified as equity |  | 2 |  | 2
|  | 2 |  | 2
|  | 6,358,140 |  | 6,239,868
Total members' interests |  |  |  |
Loans and other debts due to members |  | 6,358,138 |  | 6,239,866
Members' other interests |  | 2 |  | 2
|  | 6,358,140 |  | 6,239,868

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 Brockenhurst Park Estate LLP (registered number: OC435309) were approved and authorised for issue by the Board of Directors on 06 January 2026. They were signed on its behalf by:

J Wright Designated member |

BROCKENHURST PARK ESTATE LLP

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
BROCKENHURST PARK ESTATE LLP

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025

##### 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 year, unless otherwise stated.

##### General information and basis of accounting

Brockenhurst Park Estate 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 Wycombe End, Beaconsfield, Buckinghamshire, HP9 1NB, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The functional currency of Brockenhurst Park Estate 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 rent receivable for the services provided to clients, excluding value added tax, under contractual obligations which are performed gradually over time.
If, at the balance sheet date, completion of contractual obligations is dependent on external factors (and thus outside the control of the Limited Liability Partnership), then revenue is recognised only when the event occurs. In such cases, costs incurred up to the balance sheet date are carried forward as work in progress.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery | 15 % reducing balance
Vehicles | 4 years straight line
Fixtures and fittings | 15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

##### Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

##### Financial instruments

The company has elected to apply the provisions of Section 11 ”Basic Financial Instruments” to all of its financial
instruments.
Financial instruments are recognised in the company’s balance sheet when the company becomes party to the
contractual provisions of the instrument.

Basic financial assets
Short term debtors are measured at transaction price less any provision for impairment. Loans receivable are
measured initially at fair value, net of transaction costs and are subsequently carried at amortised costs using the
effective interest method, less any provision for impairment.

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

##### Members' participation rights

Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed remuneration and profits).
Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with section 22 of FRS 102. A member's participation rights including amounts subscribed or otherwise contributed by members, for example members' capital, are classed as liabilities unless the LLP has an unconditional right to refuse payment to members, in which case they are classified as equity.
All amounts due to members that are classified as liabilities are presented within 'Loans and other debts due to members' and, where such an amount relates to current year profits, they are recognised within ‘Members' remuneration charged as an expense’ in arriving at the relevant year’s result. Undivided amounts that are classified as equity are shown within ‘Members' other interests’. Amounts recoverable from members are presented as debtors and shown as amounts due from members within members’ interests.
Where there exists an asset and liability component in respect of an individual member’s participation rights, they are presented on a gross basis unless the LLP has both a legally enforceable right to set off the recognised amounts, and it intends either to settle on a net basis or to settle and realise these amounts simultaneously, in which case they are presented net.
Once an unavoidable obligation has been created in favour of members through allocation of profits or other means, any undrawn profits remaining at the reporting date are shown as ‘Loans and other debts due to members’ to the extent they exceed debts due from a specific member.

##### Government grants

#####

Grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the
grant conditions will be met and the grants will be received.
A grant that specifies performance conditions is recognised in income when the performance conditions are met.
Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or
receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the LLP during the year | 4 |  | 4

#### 3. Tangible assets

| Plant and machinery |  | Vehicles |  | Fixtures and fittings |  | Total
| £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |
At 01 April 2024 | 185,864 |  | 16,500 |  | 20,857 |  | 223,221
Additions | 1,250 |  | 0 |  | 7,640 |  | 8,890
Disposals | ( 28,081) |  | 0 |  | ( 3,177) |  | ( 31,258)
| 0 |  | 0 |  | 0 |  | 0
At 31 March 2025 | 159,033 |  | 16,500 |  | 25,320 |  | 200,853
Accumulated depreciation |  |  |  |  |  |  |
At 01 April 2024 | 46,587 |  | 6,188 |  | 3,760 |  | 56,535
Charge for the financial year | 17,774 |  | 4,125 |  | 2,547 |  | 24,446
Disposals | ( 6,669) |  | 0 |  | ( 511) |  | ( 7,180)
At 31 March 2025 | 57,692 |  | 10,313 |  | 5,796 |  | 73,801
Net book value |  |  |  |  |  |  |
At 31 March 2025 | 101,341 |  | 6,187 |  | 19,524 |  | 127,052
At 31 March 2024 | 139,277 |  | 10,312 |  | 17,097 |  | 166,686

#### 4. Investment property

| Investment property
| £
Fair value |
As at 01 April 2024 | 6,070,399
Additions | 110,000
As at 31 March 2025 | 6,180,399

The fair value of the investment property has been arrived at on the basis of a valuation carried out by the members of the partnership at 31 March 2025. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Other debtors | 62,414 |  | 3,582

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Bank overdrafts | 1 |  | 1
Trade creditors | 18,497 |  | 3,669
Other creditors | 4,445 |  | 4,270
| 22,943 |  | 7,940