Howgate Partnership LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC454288

		31 October 2025
	Notes	£	£
FIXED ASSETS
Investment Properties	4		1,350,000

			1,350,000
CURRENT ASSETS
Cash at bank and in hand		5,358

		5,358
Creditors: Amounts Falling Due Within One Year	5	(1,350,000 )

NET CURRENT ASSETS (LIABILITIES)			(1,344,642 )

TOTAL ASSETS LESS CURRENT LIABILITIES			5,358

NET ASSETS ATTRIBUTABLE TO MEMBERS			5,358

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		88,568

			88,568

Equity
Members' other interests
Other reserves		(83,210)

			(83,210)

			5,358

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			88,568
Members' other interests			(83,210)

			5,358

Page 1

Page 2

Howgate Partnership LLP

Balance Sheet (continued)

As At 31 October 2025

For the period ending 31 October 2025 the LLP 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 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Kevin Howgate

Designated Member

25 June 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Howgate Partnership LLP is a limited liability partnership, incorporated in England & Wales, registered number OC454288 . The Registered Office is 5-7 Station Road, Longfield, Kent, DA3 7QD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in May 2024 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Turnover comprises income generated from the letting and ongoing operation of the company’s own or leased real estate properties. This includes rental income, service charges, and any ancillary income arising directly from the management and utilisation of these properties. Revenue is recognised when the right to receive payment has been established and the economic benefits are probable, in accordance with applicable accounting standards.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.4. 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.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the period was: NIL

4. Investment Property

	31 October 2025
	£
Fair Value
As at 28 October 2024	-
Additions	1,350,000

As at 31 October 2025	1,350,000

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	31 October 2025
	£
Cost	1,350,000
Accumulated depreciation and impairment	27,000

Carrying amount	1,323,000

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Page 4

Howgate Partnership LLP

Notes to the Financial Statements (continued)

For the Period 28 October 2024 to 31 October 2025

5. Creditors: Amounts Falling Due Within One Year

	31 October 2025
	£
Other creditors	1,350,000

Page 4