REGISTERED NUMBER: OC423325 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2025

for

Brogan Family Partnership LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

M N Brogan

C S Brogan

Chris Brogan Family Holdings Limited

Mark Brogan Family Holdings Limited

SQ Property Trading Limited

REGISTERED OFFICE:

c/o OCG Accountants Ltd

Biz Hub Tees Valley

Belasis Hall Technology Park

Billingham

TS23 4EA

REGISTERED NUMBER:

OC423325 (England and Wales)

ACCOUNTANTS:

OCG Accountants Ltd

Biz Hub Tees Valley

Belasis Hall Technology Park

Coxwold Way

Billingham

Co. Durham

TS23 4EA

FIXED ASSETS

Tangible assets

4

16,706,362

19,277,261

CURRENT ASSETS

Debtors

5

24,054

21,591

Cash at bank and in hand

1,128,300

213,001

1,152,354

234,592

CREDITORS

Amounts falling due within one year

6

(5,747

)

(5,963

)

NET CURRENT ASSETS

1,146,607

228,629

TOTAL ASSETS LESS CURRENT LIABILITIES

17,852,969

19,505,890

CREDITORS

Amounts falling due after more than one year

7

(4,946,692

)

(5,392,426

)

NET ASSETS ATTRIBUTABLE TO MEMBERS

12,906,277

14,113,464

LOANS AND OTHER DEBTS DUE TO MEMBERS

-

-

MEMBERS' OTHER INTERESTS

Capital accounts

12,906,277

14,113,464

12,906,277

14,113,464

TOTAL MEMBERS' INTERESTS

Members' other interests

12,906,277

14,113,464

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 31st 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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 22nd June 2026 and were signed by:

C S Brogan - Designated member

1.	STATUTORY INFORMATION

Brogan Family Partnership 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.

TANGIBLE FIXED ASSETS

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

Land and buildings

-

in accordance with the property

Plant and machinery etc

-

15% on reducing balance

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 NIL (2024 - 2 ).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1st April 2024

19,276,869

1,039

19,277,908

Disposals

(1,844,750

)

-

(1,844,750

)

Revaluations

(726,090

)

-

(726,090

)

At 31st March 2025

16,706,029

1,039

16,707,068

DEPRECIATION

At 1st April 2024

-

647

647

Charge for year

-

59

59

At 31st March 2025

-

706

706

NET BOOK VALUE

At 31st March 2025

16,706,029

333

16,706,362

At 31st March 2024

19,276,869

392

19,277,261

Cost or valuation at 31st March 2025 is represented by:

Land and

buildings

£

Valuation in 2021

2,824,100

Valuation in 2022

1,484,432

Valuation in 2023

1,687,461

Valuation in 2024

1,134,070

7,130,063

**	TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

FREEHOLD PROPERTY

'COST' ACCOUNT TOTAL

Cost/valuation b/f

19,276,869

Disposals

(1,844,750

)

Revaluations

(726,090

)

16,706,029

CLIENT SCREEN TOTAL

=

-

**	TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

FIXTURES AND FITTINGS

'COST' ACCOUNT TOTAL

Cost/valuation b/f

1,039

1,039

CLIENT SCREEN TOTAL

=

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

24,054

21,591

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

216

Other creditors

5,747

5,747

5,747

5,963

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

4,946,692

5,392,426

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Mortgages

-

5,392,426