REGISTERED NUMBER: OC350387 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

DPC REAL ESTATE LLP

Page

General Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

D Cowdell

Mrs P Cowdell

REGISTERED OFFICE:

Ground Floor

Oakhurst House

77 Mount Ephraim

Tunbridge Wells

Kent

TN4 8BS

REGISTERED NUMBER:

OC350387 (England and Wales)

ACCOUNTANTS:

Wells Associates

Ground Floor Oakhurst House

77 Mount Ephraim

Tunbridge Wells

Kent

TN4 8BS

FIXED ASSETS

Investment property

4

1,315,990

1,387,000

CURRENT ASSETS

Debtors

5

38,590

29,723

Cash at bank

140

1,405

38,730

31,128

CREDITORS

Amounts falling due within one year

6

(6,185

)

(7,849

)

NET CURRENT ASSETS

32,545

23,279

TOTAL ASSETS LESS CURRENT LIABILITIES

1,348,535

1,410,279

CREDITORS

Amounts falling due after more than one year

7

(312,074

)

(312,522

)

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,036,461

1,097,757

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

469,744

531,040

MEMBERS' OTHER INTERESTS

Capital accounts

189,132

189,132

Revaluation reserve

10

377,585

377,585

1,036,461

1,097,757

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

469,744

531,040

Members' other interests

566,717

566,717

Amounts due from members

5

(17,013

)

(9,632

)

1,019,448

1,088,125

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 2026.

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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 14 May 2026 and were signed by:

D Cowdell - Designated member

1.	STATUTORY INFORMATION

DPC Real Estate 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 represents rents received.

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 (2025 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

1,387,000

Additions

39,990

Revaluations

(111,000

)

At 31 March 2026

1,315,990

NET BOOK VALUE

At 31 March 2026

1,315,990

At 31 March 2025

1,387,000

Investment properties were revalued on 31 March 2026 by the members.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,962

1,962

Amounts due from members

17,013

9,632

Other debtors

19,615

18,129

38,590

29,723

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

352

1,917

Other creditors

2,944

2,944

Accrued expenses

2,889

2,988

6,185

7,849

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 2-5 years

-

526

Mortgage

262,074

261,996

Other loans

50,000

50,000

312,074

312,522

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Mortgage

262,074

261,996

Other loans

50,000

50,000

312,074

311,996

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Mortgage

262,074

261,996

The mortgage is secured against a number of the LLP's investment properties.

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank pari passu with unsecured creditors. Members' other interests rank pari passu with unsecured creditors.

10.

RESERVES

Revaluation

reserve

£

At 1 April 2025

and 31 March 2026

377,585