REGISTERED NUMBER: OC454489 (England and Wales)

Report of the Members and

Unaudited Financial Statements

for the Period

13 November 2024 to 31 March 2026

for

BPV Servicing LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Statement of Financial Position

4

Notes to the Financial Statements

5

DESIGNATED MEMBERS:

S Streames

A Urbanski

REGISTERED OFFICE:

The Workshop

Ely Avenue

Slough

SL1 3AE

REGISTERED NUMBER:

OC454489 (England and Wales)

ACCOUNTANTS:

Villars Hayward LLP

Chartered Accountants,

Chartered Tax Advisers and Registered Auditors

Boston House

Henley-on-Thames

RG9 1DY

The members present their report with the financial statements of the LLP for the period 13 November 2024 to 31 March 2026.

INCORPORATION

The LLP was incorporated on 13 November 2024 and commenced trading on the same date.

DESIGNATED MEMBERS

The designated members during the period under review were:

S Streames

A Urbanski

RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS

The profit for the period before members' remuneration and profit shares was £59,312.

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

S Streames - Designated member

28 May 2026

TURNOVER

156,974

Cost of sales

45,879

GROSS PROFIT

111,095

Administrative expenses

55,964

55,131

Other operating income

4,181

OPERATING PROFIT and

PROFIT FOR THE FINANCIAL PERIOD BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

59,312

FIXED ASSETS

Tangible assets

5

27,500

CURRENT ASSETS

Debtors

6

1,718

Cash at bank and in hand

9,557

11,275

CREDITORS

Amounts falling due within one year

7

4,436

NET CURRENT ASSETS

6,839

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

34,339

LOANS AND OTHER DEBTS DUE TO MEMBERS

34,339

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

34,339

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 period 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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 28 May 2026 and were signed by:

S Streames - Designated member

A Urbanski - Designated member

1.	STATUTORY INFORMATION

BPV Servicing 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.

Plant and machinery etc

-

25% 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.

3.	EMPLOYEE INFORMATION

The average number of employees during the period was NIL.

4.	OPERATING PROFIT

The operating profit is stated after charging:

£

Depreciation - owned assets

12,500

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

40,000

At 31 March 2026

40,000

DEPRECIATION

Charge for period

12,500

At 31 March 2026

12,500

NET BOOK VALUE

At 31 March 2026

27,500

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

1,718

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Taxation and social security

2,812

Other creditors

1,624

4,436