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REGISTERED NUMBER: OC427137 (England and Wales)

| REPORT OF THE MEMBERS AND |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2026 |

| FOR |

| B & L EMMETT LLP |

B & L EMMETT LLP (REGISTERED NUMBER: OC427137)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page |

| General Information | 1 |

| Report of the Members | 2 |

| Income Statement | 3 |

| Balance Sheet | 4 |

| Notes to the Financial Statements | 6 |

B & L EMMETT LLP

GENERAL INFORMATION

FOR THE YEAR ENDED 31 MARCH 2026

| DESIGNATED MEMBERS: | B G Emmett

| L Wiggins

| REGISTERED OFFICE: | Foxley Court Farm

| Touchen End

| Holyport

| Maidenhead

| Berkshire

| SL6 3LA

| REGISTERED NUMBER: | OC427137 (England and Wales)

| ACCOUNTANTS: | Oury Clark Chartered Accountants

| Herschel House

| 58 Herschel Street

| Slough

| Berkshire

| SL1 1PG

B & L EMMETT LLP (REGISTERED NUMBER: OC427137)

REPORT OF THE MEMBERS

FOR THE YEAR ENDED 31 MARCH 2026

The members present their report with the financial statements of the LLP for the year ended 31 March 2026.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of letting farming and storage facilities.

DESIGNATED MEMBERS

The designated members during the year under review were:

B G Emmett

L Wiggins

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £1,321,519 (2025 - £1,168,731 profit).

MEMBERS' INTERESTS

The members share profits and losses as they arise and in accordance with an agreement between themselves.

There are two designated members as stated on Page 1.

ON BEHALF OF THE MEMBERS:

B G Emmett - Designated member

3 July 2026

B & L EMMETT LLP (REGISTERED NUMBER: OC427137)

INCOME STATEMENT

FOR THE YEAR ENDED 31 MARCH 2026

| 31.3.26 |  | 31.3.25

| Notes | £ | £ |

TURNOVER | 1,606,701 |  | 1,512,024 |  |

Administrative expenses | 292,134 |  | 348,882 |  |

1,314,567 |  | 1,163,142 |  |

Other operating income | 10,000 |  | 10,000 |  |

OPERATING PROFIT | 4 | 1,324,567 |  | 1,173,142 |  |

Interest payable and similar expenses | 3,048 |  | 4,411 |  |

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS | 1,321,519 |  | 1,168,731 |  |

B & L EMMETT LLP (REGISTERED NUMBER: OC427137)

BALANCE SHEET

31 MARCH 2026

| 31.3.26 | 31.3.25 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 12,745,200 |  | 12,786,090 |  |

CURRENT ASSETS

Debtors | 6 | 12,066 |  | 13,305 |  |

Prepayments and accrued income | 32,785 |  | 37,023 |  |

Cash at bank | 1,701,111 |  | 1,419,365 |  |

1,745,962 |  | 1,469,693 |  |

CREDITORS

Amounts falling due within one year | 7 | 330,860 |  | 359,289 |  |

NET CURRENT ASSETS | 1,415,102 |  | 1,110,404 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 14,160,302 |  | 13,896,494 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 15,258 |  | 48,924 |  |

NET ASSETS ATTRIBUTABLE TO MEMBERS | 14,145,044 |  | 13,847,570 |  |

LOANS AND OTHER DEBTS DUE TO MEMBERS | 9 | 1,918,126 |  | 1,620,652 |  |

MEMBERS' OTHER INTERESTS

Capital accounts | 12,226,918 |  | 12,226,918 |  |

14,145,044 |  | 13,847,570 |  |

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members | 9 | 1,918,126 |  | 1,620,652 |  |

Members' other interests | 12,226,918 |  | 12,226,918 |  |

14,145,044 |  | 13,847,570 |  |

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.

B & L EMMETT LLP (REGISTERED NUMBER: OC427137)

BALANCE SHEET - continued

31 MARCH 2026

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 3 July 2026 and were signed by:

B G Emmett - Designated member

L Wiggins - Designated member

B & L EMMETT LLP (REGISTERED NUMBER: OC427137)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1. | STATUTORY INFORMATION

| B & L Emmett 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.

| Turnover is derived from the LLP's principal activity of letting farming and storage facilities. Income is recognised through profit and loss as it accrues.

| Tangible fixed assets

| Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.

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

| Plant and machinery etc - 25% on reducing balance.

| The Members have chosen not to depreciate the freehold land and buildings held by the partnership. This is in contravention of the Companies Act 2006 which requires depreciation to be charged. The Members are of the opinion that the residual value of the property at the end of its useful life is expected to be in excess of the carrying value.

3. | EMPLOYEE INFORMATION

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

4. | OPERATING PROFIT

| The operating profit is stated after charging:

| 31.3.26 |  | 31.3.25

£ | £ |

| Depreciation - owned assets | 42,439 |  | 48,033 |  |

B & L EMMETT LLP (REGISTERED NUMBER: OC427137)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

5. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 April 2025 | 12,354,650 |  | 582,989 |  | 12,937,639 |  |

| Additions | - |  | 1,549 |  | 1,549 |  |

| At 31 March 2026 | 12,354,650 |  | 584,538 |  | 12,939,188 |  |

| DEPRECIATION

| At 1 April 2025 | - |  | 151,549 |  | 151,549 |  |

| Charge for year | - |  | 42,439 |  | 42,439 |  |

| At 31 March 2026 | - |  | 193,988 |  | 193,988 |  |

| NET BOOK VALUE

| At 31 March 2026 | 12,354,650 |  | 390,550 |  | 12,745,200 |  |

| At 31 March 2025 | 12,354,650 |  | 431,440 |  | 12,786,090 |  |

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

| 31.3.26 |  | 31.3.25

£ | £ |

| Trade debtors | 11,539 |  | 11,266 |  |

| Other debtors | 527 |  | 2,039 |  |

12,066 |  | 13,305 |  |

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

| 31.3.26 |  | 31.3.25

£ | £ |

| Hire purchase contracts | 33,694 |  | 32,027 |  |

| Trade creditors | 47,321 |  | 45,617 |  |

| Other creditors | 249,845 |  | 281,645 |  |

330,860 |  | 359,289 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.26 |  | 31.3.25

£ | £ |

| Hire purchase contracts | 15,258 |  | 48,924 |  |

B & L EMMETT LLP (REGISTERED NUMBER: OC427137)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

9. | LOANS AND OTHER DEBTS DUE TO MEMBERS |

| 31.3.26 |  | 31.3.25

£ | £ |

| Amounts owed to members in respect of profits | 1,918,126 |  | 1,620,652 |  |

| Falling due within one year | 1,918,126 |  | 1,620,652 |  |

| Amounts owed to the members rank equally to all Trade and Other creditors, and profits are recognised as due to the members as they are earned.

10. | GOVERNMENT GRANTS

| Rural payments and grants received during the year amount to £42,813 (2025: £52,887).