Rhodes and Calvert LLP - Filleted accounts

Registered number

OC384590

Rhodes and Calvert LLP

Filleted Accounts

30 April 2026

Lynden Consultancy Limited

Accountants

Lynden

Catton

Thirsk

N Yorkshire

YO7 4SH

Rhodes and Calvert LLP
Registered number:		OC384590
Balance Sheet
as at 30 April 2026
Notes		2026		2025
£			£
Fixed assets
Tangible assets	3	952,804		981,371
Current assets
Cash at bank and in hand		100,201		20,685

Creditors: amounts falling due within one year	4	(6,350)		(7,342)

Net current assets		93,851		13,343

Total assets less current liabilities		1,046,655		994,714



Net assets attributable to members		1,046,655		994,714

Represented by:
Loans and other debts due to members	5	1,046,655		994,714

Members' other interests
Other reserves		-		-

		1,046,655		994,714

Total members' interests
Loans and other debts due to members	5	1,046,655		994,714
Members' other interests		-		-

		1,046,655		994,714

For the year ended 30 April 2026 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to LLPs).
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.

These accounts were approved by the members on 31 May 2026 and signed on their behalf by:






Mr J Rhodes
Designated member

Rhodes and Calvert LLP
Notes to the Accounts
for the year ended 30 April 2026

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Division of profits
	Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account.

	Taxation
	Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Land & buildings			1% straight line
	Plant and machinery			25% reducing balance
	Motor vehicles			25% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Members' capital
	Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the LLP					1		1


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 May 2025	1,094,836		11,503		41,490		1,147,829
	Disposals	-		-		(41,490)		(41,490)
	At 30 April 2026	1,094,836		11,503		-		1,106,339

	Depreciation
	At 1 May 2025	131,381		11,107		23,970		166,458
	Charge for the year	10,948		99		-		11,047
	On disposals	-		-		(23,970)		(23,970)
	At 30 April 2026	142,329		11,206		-		153,535

	Net book value
	At 30 April 2026	952,507		297		-		952,804
	At 30 April 2025	963,455		396		17,520		981,371


4	Creditors: amounts falling due within one year					2026		2025
£							£

	Trade creditors					-		993
	Other taxes and social security costs					6,350		6,350
	Other creditors					-		(1)
						6,350		7,342


5	Loans and other debts due to members					2026		2025
£							£

	Loans from members					296,927		360,927
	Amounts due to members in respect of profits					749,728		633,787
						1,046,655		994,714

	Amounts falling due within one year					1,046,655		994,714

	Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.


6	Other information

	Rhodes and Calvert LLP is a limited liability partnership incorporated in England. Its registered office is:
	If House
	Thornton Industrial Estate
	Thornton Road
	Pickering North Yorkshire
	YO18 7JB