REGISTERED NUMBER: OC324912 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st March 2026

for

Serviced Office Centres LLP

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

5

1,372,258

1,410,205

Investments

6

94

4,214

1,372,352

1,414,419

CURRENT ASSETS

Debtors

24,065

32,382

Cash at bank

34,803

53,478

58,868

85,860

CREDITORS

Amounts falling due within one year

312,462

357,514

NET CURRENT LIABILITIES

(253,594

)

(271,654

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,118,758

1,142,765

CREDITORS

Amounts falling due after more than one year

61,978

99,021

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,056,780

1,043,744

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

1,056,780

1,043,744

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

1,056,780

1,043,744

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 31st 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st March 2026 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 16th July 2026 and were signed by:

Miss K Chapman - Designated member

1.	STATUTORY INFORMATION

Serviced Office Centres LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number:

OC324912

Registered office:

A4G Suite

Nepicar House

London Road

Wrotham Heath

Kent

TN15 7RS

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Revenue recognition

Sales comprise the fair value of the consideration received or receivable for the rendering of services in the ordinary course of the company's activities. Sales are presented, net of value-added tax, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the company's activities as follows:

Revenue from the sale of services is recognised at the point at which those services have been provided to the customer. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

2% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Financial instruments

The company 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, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, such as the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit and loss.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4.	EMPLOYEE INFORMATION

The average number of employees during the year was 3 (2025 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1st April 2025

1,724,460

Additions

5,050

At 31st March 2026

1,729,510

DEPRECIATION

At 1st April 2025

314,255

Charge for year

42,997

At 31st March 2026

357,252

NET BOOK VALUE

At 31st March 2026

1,372,258

At 31st March 2025

1,410,205

Cost or valuation at 31st March 2026 is represented by:

Totals

£

Valuation in 2025

652,319

Valuation in 2026

5,050

Cost

1,072,141

1,729,510

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST OR VALUATION

At 1st April 2025

and 31st March 2026

51,500

DEPRECIATION

At 1st April 2025

20,570

Charge for year

7,733

At 31st March 2026

28,303

NET BOOK VALUE

At 31st March 2026

23,197

At 31st March 2025

30,930

6.	FIXED ASSET INVESTMENTS

The amount included as a fixed asset investment represents the LLP's capital account outstanding as at the balance sheet date in Frucosol UK LLP.

7.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

99,281

138,226

The mortgage is secured against freehold property.

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

The balances shown above would rank below unsecured creditors from the proceeds of a winding-up of the LLP.

9.	SUBSEQUENT EVENTS

Harold Chapman, deceased, on 8th May 2026.