REGISTERED NUMBER: OC429439 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2025

for

Darby Family Partnership LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DESIGNATED MEMBERS:

C C Darby

Central Pad Ltd

REGISTERED OFFICE:

C/O OCG Accountants Ltd

Biz Hub Tees Valley

Belasis Hall Technology Park

Billingham

Co. Durham

TS23 4EA

REGISTERED NUMBER:

OC429439 (England and Wales)

ACCOUNTANTS:

OCG Accountants Ltd

Biz Hub Tees Valley

Belasis Hall Technology Park

Coxwold Way

Billingham

Co. Durham

TS23 4EA

FIXED ASSETS

Tangible assets

4

5,134,384

5,172,384

CURRENT ASSETS

Cash at bank

594

1,531

CREDITORS

Amounts falling due within one year

5

(61,999

)

(42,000

)

NET CURRENT LIABILITIES

(61,405

)

(40,469

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,072,979

5,131,915

CREDITORS

Amounts falling due after more than one year

6

(2,509,795

)

(2,562,118

)

NET ASSETS ATTRIBUTABLE TO MEMBERS

2,563,184

2,569,797

LOANS AND OTHER DEBTS DUE TO MEMBERS

-

-

MEMBERS' OTHER INTERESTS

Capital accounts

2,563,184

2,569,797

2,563,184

2,569,797

TOTAL MEMBERS' INTERESTS

Members' other interests

2,563,184

2,569,797

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 2025.

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 24th July 2026 and were signed by:

C C Darby - Designated member

1.	STATUTORY INFORMATION

Darby Family Partnership 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 as modified by the revaluation of certain assets.

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.

Land and buildings

-

in accordance with the property

Plant and machinery etc

-

33% on cost

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1st April 2024

5,146,384

42,000

5,188,384

Revaluations

(25,000

)

-

(25,000

)

At 31st March 2025

5,121,384

42,000

5,163,384

DEPRECIATION

At 1st April 2024

-

16,000

16,000

Charge for year

-

13,000

13,000

At 31st March 2025

-

29,000

29,000

NET BOOK VALUE

At 31st March 2025

5,121,384

13,000

5,134,384

At 31st March 2024

5,146,384

26,000

5,172,384

Cost or valuation at 31st March 2025 is represented by:

Land and

buildings

£

Valuation in 2022

55,000

Valuation in 2023

78,000

Valuation in 2024

575,000

Valuation in 2025

(25,000

)

Cost

4,438,384

5,121,384

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

6,999

7,000

Other creditors

55,000

35,000

61,999

42,000

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

16,814

21,000

Other creditors

2,492,981

2,541,118

2,509,795

2,562,118

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Mortgages

2,492,981

2,541,118

Debts are secured against the assets they relate to.

The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st March 2025 set out on page nil and you consider that the LLP is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

OCG Accountants Ltd

Biz Hub Tees Valley

Belasis Hall Technology Park

Coxwold Way

Billingham

Co. Durham

TS23 4EA

Date: .............................................