REGISTERED NUMBER: OC350016 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

TERM TIME PROPERTIES LLP

Page

General Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DESIGNATED MEMBERS:

J Parisella

Mrs C Parisella

REGISTERED OFFICE:

Wells Associates

Oakhurst House

77 Mount Ephraim

Tunbridge Wells

Kent

TN4 8BS

REGISTERED NUMBER:

OC350016 (England and Wales)

ACCOUNTANTS:

Wells Associates

Ground Floor Oakhurst House

77 Mount Ephraim

Tunbridge Wells

Kent

TN4 8BS

FIXED ASSETS

Tangible assets

4

528,781

522,790

CURRENT ASSETS

Debtors

5

-

5

Cash at bank

1,659

1,068

1,659

1,073

CREDITORS

Amounts falling due within one year

6

(5,547

)

(9,526

)

NET CURRENT LIABILITIES

(3,888

)

(8,453

)

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

524,893

514,337

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

524,893

514,337

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

524,893

514,337

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 3 July 2026 and were signed by:

J Parisella - Designated member

1.	STATUTORY INFORMATION

Term Time 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.

Turnover

Turnover represents rental income, excluding VAT.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

491,955

30,500

51,499

-

573,954

Additions

-

-

18,187

2,399

20,586

At 31 March 2026

491,955

30,500

69,686

2,399

594,540

DEPRECIATION

At 1 April 2025

-

22,915

28,249

-

51,164

Charge for year

-

3,437

10,359

799

14,595

At 31 March 2026

-

26,352

38,608

799

65,759

NET BOOK VALUE

At 31 March 2026

491,955

4,148

31,078

1,600

528,781

At 31 March 2025

491,955

7,585

23,250

-

522,790

'Investment properties' have been valued as at 31 March 2026 by the members of the LLP. The valuation is considered to be the current market value for the investment properties concerned taking into account the current rental status of the properties and the income arising.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Prepayments and accrued income

-

5

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

140

94

Other creditors

3,823

3,681

Accruals and deferred income

-

4,167

Accrued expenses

1,584

1,584

5,547

9,526

7.

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.

8.	RELATED PARTY DISCLOSURES

During the year under review the LLP was controlled by its designated members, Mr J Parisella and Mrs C Parisella.