Caseware UK (AP4) 2025.0.111 2025.0.111 2026-03-31 2026-03-31 12 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2025-04-01 false providing parts, rental, servicing and sale of classic cars 9 false true OC347212 2025-04-01 2026-03-31 OC347212 2024-04-01 2025-03-31 OC347212 2026-03-31 OC347212 2025-03-31 OC347212 c:MotorVehicles 2025-04-01 2026-03-31 OC347212 c:MotorVehicles 2026-03-31 OC347212 c:MotorVehicles 2025-03-31 OC347212 c:MotorVehicles c:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 OC347212 c:FurnitureFittings 2025-04-01 2026-03-31 OC347212 c:FurnitureFittings 2026-03-31 OC347212 c:FurnitureFittings 2025-03-31 OC347212 c:FurnitureFittings c:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 OC347212 c:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 OC347212 c:CurrentFinancialInstruments 2026-03-31 OC347212 c:CurrentFinancialInstruments 2025-03-31 OC347212 c:CurrentFinancialInstruments 2 2026-03-31 OC347212 c:CurrentFinancialInstruments 2 2025-03-31 OC347212 c:Non-currentFinancialInstruments 2026-03-31 OC347212 c:Non-currentFinancialInstruments 2025-03-31 OC347212 c:CurrentFinancialInstruments c:WithinOneYear 2026-03-31 OC347212 c:CurrentFinancialInstruments c:WithinOneYear 2025-03-31 OC347212 c:Non-currentFinancialInstruments c:AfterOneYear 2026-03-31 OC347212 c:Non-currentFinancialInstruments c:AfterOneYear 2025-03-31 OC347212 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2026-03-31 OC347212 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2025-03-31 OC347212 e:FRS102 2025-04-01 2026-03-31 OC347212 e:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 OC347212 e:FullAccounts 2025-04-01 2026-03-31 OC347212 e:LimitedLiabilityPartnershipLLP 2025-04-01 2026-03-31 OC347212 c:HirePurchaseContracts c:WithinOneYear 2026-03-31 OC347212 c:HirePurchaseContracts c:WithinOneYear 2025-03-31 OC347212 c:HirePurchaseContracts c:BetweenOneFiveYears 2026-03-31 OC347212 c:HirePurchaseContracts c:BetweenOneFiveYears 2025-03-31 OC347212 e:PartnerLLP1 2025-04-01 2026-03-31 OC347212 c:FurtherSpecificReserve2ComponentTotalEquity 2026-03-31 OC347212 c:FurtherSpecificReserve2ComponentTotalEquity 2025-03-31 OC347212 c:FurtherSpecificReserve3ComponentTotalEquity 2026-03-31 OC347212 c:FurtherSpecificReserve3ComponentTotalEquity 2025-03-31 iso4217:GBP xbrli:pure

Registered number: OC347212 CLASSIC HEROES LLP UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
CLASSIC HEROES LLP CONTENTS
| Page
Balance sheet | 1 - 2
Reconciliation of members' interests | 3
Notes to the financial statements | 4 - 10
CLASSIC HEROES LLP REGISTERED NUMBER: OC347212 BALANCE SHEET AS AT 31 MARCH 2026
|  | 2026 |  | 2025
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 42,608 |  | 53,883
|  |  | 42,608 |  | 53,883
Current assets |  |  |  |  |
Stocks | 5 | 4,762 |  | 4,762 |
Debtors: amounts falling due within one year | 6 | 846,804 |  | 596,127 |
Cash at bank and in hand | 7 | 66,370 |  | 52,516 |
|  | 917,936 |  | 653,405 |
Creditors: Amounts Falling Due Within One Year | 8 | (913,792) |  | (664,504) |
Net current assets/(liabilities) |  |  | 4,144 |  | (11,099)
Total assets less current liabilities |  |  | 46,752 |  | 42,784
Creditors: amounts falling due after more than one year | 9 |  | (21,504) |  | (33,230)
Net assets |  |  | 25,248 |  | 9,554
Represented by: |  |  |  |  |
Loans and other debts due to members within one year |  |  |  |  |
Other amounts | 12 |  | 44,320 |  | 44,320
|  |  | 44,320 |  | 44,320
Members' other interests |  |  |  |  |
Other reserves classified as equity |  | (19,072) |  | (34,766) |
|  |  | (19,072) |  | (34,766)
|  |  | 25,248 |  | 9,554
Total members' interests |  |  |  |  |
Amounts due from members (included in debtors) | 6 |  | (349,529) |  | (258,738)
Loans and other debts due to members | 12 |  | 44,320 |  | 44,320
Members' other interests |  |  | (19,072) |  | (34,766)
|  |  | (324,281) |  | (249,184)
1
CLASSIC HEROES LLP REGISTERED NUMBER: OC347212 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2026 The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLPs regime. The entity was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements. The financial statements have been delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The entity has opted not to file the profit and loss account in accordance with the provisions applicable to entities subject to the small LLPs regime. The financial statements were approved and authorised for issue by the members and were signed on their behalf by:
J Jones
Designated member
Date: 9 July 2026
The notes on pages 4 to 10 form part of these financial statements. Classic Heroes LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of changes in equity. 2
CLASSIC HEROES LLP RECONCILIATION OF MEMBERS' INTERESTS FOR THE YEAR ENDED 31 MARCH 2026
| EQUITY Members' other interests | DEBT Loans and other debts due to members less any amounts due from members in debtors | Total members' interests
| Other reserves | Total | Other amounts | Total | Total
| £ | £ | £ | £ | £
Loss for the year available for discretionary division among members | (34,766) | (34,766) | - | - | (34,766)
Members' interests after profit for the year | (34,766) | (34,766) | (136,418) | (136,418) | (171,184)
Drawings on account and distribution of profit | - | - | (78,000) | (78,000) | (78,000)
Other movements | - | - | - | - | -
Amounts due to members |  |  | 44,320 | 44,320 |
Amounts due from members |  |  | (258,738) | (258,738) |
Balance at 31 March 2025 | (34,766) | (34,766) | (214,418) | (214,418) | (249,184)
Profit for the year available for discretionary division among members | 15,694 | 15,694 | - | - | 15,694
Members' interests after profit for the year | (19,072) | (19,072) | (214,418) | (214,418) | (233,490)
Drawings on account and distribution of profit | - | - | (90,791) | (90,791) | (90,791)
Other movements | - | - | - | - | -
Amounts due to members |  |  | 44,320 | 44,320 |
Amounts due from members |  |  | (349,529) | (349,529) |
Balance at 31 March 2026 | (19,072) | (19,072) | (305,209) | (305,209) | (324,281)
There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests.
3
CLASSIC HEROES LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
1. | General information
Classic Heroes LLP is a limited liability partnership, registered in England and Wales, registration number OC347212. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE and the trading address is Lower Totease Farm, Framfield Road, Buxted, TN22 4LF. The principal activity of the LLP continued to be that of providing parts, rental, servicing and sale of classic cars. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships". The functional and presentational currency of the LLP is pound sterling. The following principal accounting policies have been applied:
| 2.2 | Turnover
Turnover comprises revenue recognised by the LLP in respect of providing parts, rental, servicing and sale of classic cars during the year, exclusive of value added tax and trade discounts. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Sale of cars is recognised at the point when the vehicle is delivered, and legal ownership passes to the customer. Servicing is recognised when the service is completed or when parts are delivered to the customer. Storage income is recognised over time on a straight-line basis across the storage rental period
| 2.3 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.4 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred. 4
CLASSIC HEROES LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.Accounting policies (continued)
| 2.5 | Pensions
Defined contribution pension plan The LLP operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the LLP pays fixed contributions into a separate entity. Once the contributions have been paid the LLP has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the LLP in independently administered funds.
| 2.6 | Division and distribution of profits
A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period. An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making. The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense' in. In the event of the LLP making losses, the loss is recognised as a credit amount of 'Members' remuneration charged as an expense' where it is automatically divided or as a debit within equity under 'Other reserves' if not divided automatically.
| 2.7 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on the following basis. Depreciation is provided on the following basis:
|  |  |  | Motor vehicles | - | 25% reducing balance method
|  |  |  | Fixtures and fittings | - | 25% reducing balance method
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss. 5
CLASSIC HEROES LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.Accounting policies (continued)
| 2.8 | Stocks
Stocks related to classic cars are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Work in progress and finished goods include labour and attributable overheads. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.9 | Debtors
Short-term debtors are measured at transaction price, less any impairment.
| 2.10 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
| 2.11 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.12 | Financial instruments
The LLP only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.
3. | Employees
| The average monthly number of employees, including designated members, during the year was 9 (2025 - 12).
6
CLASSIC HEROES LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
4. | Tangible fixed assets
|  | Motor vehicles | Fixtures and fittings | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 April 2025 | 46,701 | 52,606 | 99,307
| Additions | 2,775 | - | 2,775
| At 31 March 2026 | 49,476 | 52,606 | 102,082
| Depreciation |  |  |
| At 1 April 2025 | 14,195 | 31,229 | 45,424
| Charge for the year | 8,706 | 5,344 | 14,050
| At 31 March 2026 | 22,901 | 36,573 | 59,474
| Net book value |  |  |
| At 31 March 2026 | 26,575 | 16,033 | 42,608
| At 31 March 2025 | 32,506 | 21,377 | 53,883
5. | Stocks
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Finished goods and goods for resale | 4,762 | 4,762
6. | Debtors
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Trade debtors | 493,882 | 336,072
| Other debtors | 2,189 | -
| Prepayments | 1,204 | 1,318
| Amounts due from members | 349,529 | 258,738
|  | 846,804 | 596,128
7
CLASSIC HEROES LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
7. | Cash and cash equivalents
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Cash at bank and in hand | 66,370 | 52,516
8. | Creditors: amounts falling due within one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Bank loans | 5,833 | 15,968
| Other loans | 100,000 | 50,000
| Trade creditors | 201,905 | 142,789
| Other taxation and social security | 19,377 | 23,420
| Obligations under finance lease and hire purchase contracts | 6,726 | 6,726
| Other creditors | 28,846 | 22,646
| Accruals and deferred income | 551,105 | 402,955
|  | 913,792 | 664,504
| Included in creditors due within one year is a loan of £NIL (2025 - £5,135) from Royal Bank of Scotland, which has a fixed and floating charge held over the fixed assets of the LLP. Included in creditors due within one year is a Coronavirus Bounce Back Loan of £5,833 (2025 - £10,833), 100% guaranteed by the government.
9. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Bank loans | - | 5,000
| Net obligations under finance leases and hire purchase contracts | 21,504 | 28,231
|  | 21,504 | 33,231
| Included in creditors due after more than one year is a loan of £NIL (2025 - £NIL) from Royal Bank of Scotland, which has a fixed and floating charge held over the fixed assets of the LLP. Included in creditors due after more than one year is a Coronavirus Bounce Back Loan of £NIL (2025 - £5,000), 100% guaranteed by the government.
8
CLASSIC HEROES LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
10. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 5,833 | 15,968
| Other loans | 100,000 | 50,000
|  | 105,833 | 65,968
| Amounts falling due 1-2 years |  |
| Bank loans | - | 5,000
|  | - | 5,000
|  | 105,833 | 70,968
11. | Hire purchase and finance leases
| Minimum lease payments under hire purchase fall due as follows:
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Within one year | 6,726 | 6,726
| Between 1-5 years | 21,504 | 28,230
|  | 28,230 | 34,956
9
CLASSIC HEROES LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
12. | Loans and other debts due to members
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Other amounts due to members | 44,320 | 44,320
Loans and other debts due to members may be further analysed as follows:
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Falling due within one year | 44,320 | 44,320
Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.
13. | Pension commitments
The LLP operates a defined contribution scheme. The assets of the scheme are held separately from those of the LLP in an independently administered fund. The pension cost charge represents contributions payable by the LLP to the fund and amounted to £6,560 (2025 - £6,252). Included in other creditors at the year end there is an amount payable of £1,424 (2025 - £1,435).
10