TFC (Investment Properties) LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC317987 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

TFC (INVESTMENT PROPERTIES) LLP

Page

General Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

R J Ormond

Mrs A L Czerwinka

Mrs L C Ormond

M R Ormond

REGISTERED OFFICE:

The Old Post Office

Village Road

Dorney

Windsor

SL4 6QW

REGISTERED NUMBER:

OC317987 (England and Wales)

ACCOUNTANTS:

Wells Associates

Ground Floor Oakhurst House

77 Mount Ephraim

Tunbridge Wells

Kent

TN4 8BS

FIXED ASSETS

Property, plant and equipment

4

-

Investment property

5

815,000

CURRENT ASSETS

Debtors

6

2,738

3,250

Cash at bank

43,884

55,807

46,622

59,057

CREDITORS

Amounts falling due within one year

7

(1,500

)

(1,800

)

NET CURRENT ASSETS

45,122

57,257

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO
MEMBERS

860,122

872,257

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

126,161

138,296

MEMBERS' OTHER INTERESTS

Capital accounts

656,174

Revaluation reserve

9

77,787

860,122

872,257

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

126,161

138,296

Members' other interests

733,961

Amounts due from members

6

(2,738

)

(2,738

)

857,384

869,519

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 22 June 2026 and were signed by:

R J Ormond - Designated member

1.	STATUTORY INFORMATION

TFC (Investment Properties) 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

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

Property, plant and equipment

Property, plant and equipment is measured at cost less accumulated depreciation and any accumulated impairment losses.

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

Fixtures and fittings - 20% on cost

Motor vehicles - 33% on cost

At each statement of financial position date, the LLP reviews the carrying amount of its property, plant and equipment to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the income statement. No depreciation is provided in respect of investment property.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2025 - NIL).

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

Motor

fittings

vehicles

Totals

£

COST

At 1 April 2025

and 31 March 2026

43,341

15,500

58,841

DEPRECIATION

At 1 April 2025

and 31 March 2026

43,341

15,500

58,841

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

815,000

NET BOOK VALUE

At 31 March 2026

815,000

At 31 March 2025

815,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2021

555,000

Valuation in 2023

260,000

815,000

If investment property had not been revalued it would have been included at the following historical cost:

2026

2025

£

Cost

477,213

Investment property was valued on an open market basis on 31 March 2023 by the members .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Amounts due from members

2,738

Social security & other taxes

-

512

2,738

3,250

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Accrued expenses

1,500

1,800

8.

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.

9.

RESERVES

Revaluation

reserve

£

At 1 April 2025

and 31 March 2026

77,787