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REGISTERED NUMBER: OC318267 (England and Wales)

| Financial Statements

| for the Year Ended 29 May 2025

| for

| Dunwoody LLP

Dunwoody LLP (Registered number: OC318267)

Contents of the Financial Statements

for the Year Ended 29 May 2025

Page |

General Information | 1 |

Statement of Financial Position | 2 |

Notes to the Financial Statements | 4 |

Dunwoody LLP

General Information

for the Year Ended 29 May 2025

| DESIGNATED MEMBERS: | Mr M R Goodwin

| Mr R E Spencer

| REGISTERED OFFICE: | Suite 3000, Stanmore Business & Innovati

| Howards Road

| Stanmore

| Middlesex

| HA7 1BT

| REGISTERED NUMBER: | OC318267 (England and Wales)

| ACCOUNTANTS: | Parker Cavendish

| Chartered Accountants

| Suite 301, Stanmore Business

| and Innovation Centre

| Howard Road

| Stanmore

| Middlesex

| HA7 1FW

Dunwoody LLP (Registered number: OC318267)

Statement of Financial Position

29 May 2025

| 2025 | 2024 |

| (Restated) |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 29,229 |  | 31,131 |  |

CURRENT ASSETS

Stocks | 125,020 |  | 83,739 |  |

Debtors | 5 | 152,614 |  | 206,699 |  |

Cash at bank | 476,295 |  | 442,485 |  |

753,929 |  | 732,923 |  |

CREDITORS

Amounts falling due within one year | 6 | 83,281 |  | 98,412 |  |

NET CURRENT ASSETS | 670,648 |  | 634,511 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 699,877 |  | 665,642 |  |

PENSION ASSET | 8 | 219,000 |  | 6,000 |  |

NET ASSETS ATTRIBUTABLE TO MEMBERS | 918,877 |  | 671,642 |  |

LOANS AND OTHER DEBTS DUE TO MEMBERS | 7 | 314,877 |  | 224,642 |  |

MEMBERS' OTHER INTERESTS

Capital accounts | 600,000 |  | 600,000 |  |

Pension Scheme Reserves | 4,000 |  | (153,000 | ) |

918,877 |  | 671,642 |  |

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members | 7 | 314,877 |  | 224,642 |  |

Members' other interests | 604,000 |  | 447,000 |  |

918,877 |  | 671,642 |  |

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 29 May 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.

Dunwoody LLP (Registered number: OC318267)

Statement of Financial Position - continued

29 May 2025

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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 11 May 2026 and were signed by:

Mr M R Goodwin - Designated member

Mr R E Spencer - Designated member

Dunwoody LLP (Registered number: OC318267)

Notes to the Financial Statements

for the Year Ended 29 May 2025

1. | STATUTORY INFORMATION

| Dunwoody 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.

| Turnover

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

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Fixtures and fittings | - | 25% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 25% on reducing balance

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEE INFORMATION

| The average number of employees during the year was 6 (2024 - 9 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Motor |  | Computer |

| fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 30 May 2024 | 23,213 |  | 61,780 |  | 194,809 |  | 279,802 |  |

| Additions | 8,250 |  | - |  | 2,443 |  | 10,693 |  |

| Disposals | - |  | - |  | (175,389 | ) | (175,389 | ) |

| At 29 May 2025 | 31,463 |  | 61,780 |  | 21,863 |  | 115,106 |  |

| DEPRECIATION

| At 30 May 2024 | 22,695 |  | 38,675 |  | 187,301 |  | 248,671 |  |

| Charge for year | 1,504 |  | 5,777 |  | 2,101 |  | 9,382 |  |

| Eliminated on disposal | - |  | - |  | (172,176 | ) | (172,176 | ) |

| At 29 May 2025 | 24,199 |  | 44,452 |  | 17,226 |  | 85,877 |  |

| NET BOOK VALUE

| At 29 May 2025 | 7,264 |  | 17,328 |  | 4,637 |  | 29,229 |  |

| At 29 May 2024 | 518 |  | 23,105 |  | 7,508 |  | 31,131 |  |

Dunwoody LLP (Registered number: OC318267)

Notes to the Financial Statements - continued

for the Year Ended 29 May 2025

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| (Restated)

£ | £ |

| Trade debtors | 95,055 |  | 123,821 |  |

| Other debtors | 25,040 |  | 25,031 |  |

| Prepayments and accrued income | 32,519 |  | 57,847 |  |

152,614 |  | 206,699 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| (Restated)

£ | £ |

| Trade creditors | 42,668 |  | 39,907 |  |

| Social security and other taxes | 4,862 |  | 2,951 |  |

| VAT | 26,089 |  | 41,768 |  |

| Accruals and deferred income | 9,662 |  | 13,786 |  |

83,281 |  | 98,412 |  |

7. | LOANS AND OTHER DEBTS DUE TO MEMBERS |

2025 | 2024 |

| (Restated)

£ | £ |

| Amounts owed to members in respect of profits | 314,877 |  | 224,642 |  |

| Falling due within one year | 314,877 |  | 224,642 |  |

8. | EMPLOYEE BENEFIT OBLIGATIONS

| The amounts recognised in profit or loss are as follows:

| Defined benefit |

| pension plans |

2025 | 2024 |

| (Restated) |

£ | £ |

| Current service cost | - |  | - |  |

| Net interest from net defined benefit asset/liability | (1,000 | ) | 9,000 |  |

| Past service cost | - |  | - |  |

(1,000 | ) | 9,000 |  |

| Actual return on plan assets | 87,000 |  | 75,000 |  |

Dunwoody LLP (Registered number: OC318267)

Notes to the Financial Statements - continued

for the Year Ended 29 May 2025

8. | EMPLOYEE BENEFIT OBLIGATIONS - continued

| Changes in the present value of the defined benefit obligation are as follows:

| Defined benefit |

| pension plans |

2025 | 2024 |

| (Restated) |

£ | £ |

| Opening defined benefit obligation | 2,318,000 |  | 1,836,000 |  |

| Interest cost | 117,000 |  | 97,000 |  |

| Inclusion of annuity policies | - |  | 320,000 |  |

| Actuarial losses/(gains) | (188,000 | ) | 84,000 |  |

| Benefits paid | (58,000 | ) | (19,000 | ) |

2,189,000 |  | 2,318,000 |  |

| Changes in the fair value of scheme assets are as follows:

| Defined benefit |

| pension plans |

2025 | 2024 |

| (Restated) |

£ | £ |

| Opening fair value of scheme assets | 2,324,000 |  | 1,649,000 |  |

| Inclusion of terminal bonus | - |  | 244,000 |  |

| Inclusion of annuity policies | - |  | 320,000 |  |

| Contributions by employer | 55,000 |  | 55,000 |  |

| Assets Interest | 118,000 |  | 88,000 |  |

| Actuarial gains/(losses) | (31,000 | ) | (13,000 | ) |

| Benefits paid | (58,000 | ) | (19,000 | ) |

2,408,000 |  | 2,324,000 |  |

| The amounts recognised in other comprehensive income are as follows:

| Defined benefit |

| pension plans |

2025 | 2024 |

| (Restated) |

£ | £ |

| Actuarial gains/(losses) | 157,000 |  | (97,000 | ) |

157,000 |  | (97,000 | ) |

| The major categories of scheme assets as a percentage of total scheme assets are as follows:

| Defined benefit |

| pension plans |

2025 | 2024 |

| (Restated) |

| Fixed Interest | 51% | 52% |

| Equity | 28% | 28% |

| Property | 21% | 20% |

100% | 100% |

Dunwoody LLP (Registered number: OC318267)

Notes to the Financial Statements - continued

for the Year Ended 29 May 2025

8. | EMPLOYEE BENEFIT OBLIGATIONS - continued

| Principal actuarial assumptions at the balance sheet date (expressed as weighted averages):

2025 | 2024 |

| (Restated)

| Discount Rate | 5.10% | 5.10% |

| Retail Price Inflation | 3.70% | 3.70% |

| Consumer Price Inflation | 2.70% | 2.70% |

| Deferred Pension Increases | 2.70% | 2.70% |

| Expected Return on Assets | 5.10% | 5.10% |

| Mortality rate for the year ended 29 May 2025

| Mortality pre-retirement - None

| Early retirement - No Allowance

| Cash commutation - Members are assumed to commute part of their pension for 95% of the maximum lumpsum, using the Scheme's current commutation factors.

| Defined contribution scheme

| The LLP and Dunwoody Building Legislation Limited operates a defined benefit pension scheme. T Dunwoody & Partners Retirement Benefits Scheme was set up for benefit of the employees; the assets of the scheme are held separately from those of the LLP.

| The most recently completed triennial actuarial valuation was performed by an independent actuary for the trustees of the scheme and was carried out on 30 August 2023. This actuarial valuation shows a funding deficit at that date. In order to cover the deficit the LLP and Dunwoody Building Legislation Limited have given a commitment to make additional contributions of £52,000 per annum paid in equal monthly instalments of £4,333.33 from September 2014, ending in August 2029.

| Commitment has been renewed and as per new commitment, LLP and Dunwoody Building Legislation Limited will make contributions of £5,250 in equal monthly installments from March 2022, Ending in August 2032.

| A valuation of the scheme is undertaken by independent qualified actuaries every year and the annual contributions are paid in according to their recommendations.

| The most recent formal actuarial valuation took place on 17 December 2025.

| The scheme is defined benefit in nature, and was valued on 29 May 2025 using the basis prescribed by FRS 102. The assumptions which have most significant effect on the results of the valuation are those which relate to the discount rate used to value liabilities, the expected rate of increase in pensions in payment and the rate of inflation as set out above.

9. | PENSION SCHEME RESERVES

| Other Reserves |  |

|  | 2025 |  |  | 2024 |

| (Restated | ) |

| At 30 May 2024 |  | (153,000 | ) |  | (300,000 | )

| Remeasurement of net defined benefit liability |  | 157,000 |  |  | (97,000 | )

| Inclusion of Terminal Bonus |  | - |  |  | 244,000 |

| At 29 May 2025 |  | 4,000 |  |  | (153,000 | )