REGISTERED NUMBER: OC447283 (England and Wales)

REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

STIRLIN INGHAM LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Reconciliation of Members' Interests

5

to

6

Notes to the Financial Statements

7

DESIGNATED MEMBERS:

Stirlin Group Limited

Kingsthorne Limited

REGISTERED OFFICE:

11 Sadler Court

Stirlin Point

Lincoln

Lincolnshire

LN6 3RG

REGISTERED NUMBER:

OC447283 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

4 Henley Way

Doddington Road

Lincoln

Lincolnshire

LN6 3QR

The members present their report with the financial statements of the LLP for the year ended 31 October 2025.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of property developers.

DESIGNATED MEMBERS

The designated members during the year under review were:

JPW Trade Limited

Stirlin Group Limited

Other changes in designated members are as follows:

JPW Trade Limited resigned as a member after 31 October 2025 but prior to the date of this report.

Kingsthorne Limited was appointed as a member after 31 October 2025 but prior to the date of this report

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The loss for the year before members' remuneration and profit shares was £39,167 (2024 - £21,111 loss).

MEMBERS' INTERESTS

Members capital is subscribed to in accordance with the members agreement and will be repaid by the Limited Liability Partnership on the departure of a member from the Limited Liability Partnership.

Profits for the year are allocated on accordance with the members agreement.

Members may only make drawings on account of profits if all members agree and in such case any overdrawing of profits, as disclosed in the annual financial statements, shall be repaid immediately.

ON BEHALF OF THE MEMBERS:

Stirlin Group Limited - Designated member

13 May 2026

TURNOVER

-

-

Cost of sales

-

17,382

GROSS LOSS

-

(17,382

)

Administrative expenses

34,862

4,145

OPERATING LOSS

(34,862

)

(21,527

)

Interest receivable and similar income

-

416

(34,862

)

(21,111

)

Interest payable and similar expenses

4,305

-

LOSS FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

(39,167

)

(21,111

)

CURRENT ASSETS

Stocks

1,258,096

1,194,342

Debtors

4

162,215

122,516

Cash at bank

637

105,812

1,420,948

1,422,670

CREDITORS

Amounts falling due within one year

5

1,420,948

1,422,670

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET LIABILITIES ATTRIBUTABLE TO MEMBERS

-

-

LOANS AND OTHER DEBTS DUE TO MEMBERS

-

-

TOTAL MEMBERS' INTERESTS

Amounts due from members

4

(60,278

)

(21,111

)

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 October 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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 13 May 2026 and were signed by:

Stirlin Group Limited - Designated member

EQUITY

DEBT

TOTAL

Members'

Loans and other debts due to

MEMBERS'

other

members less any amounts due

INTERESTS

interests

from members in debtors

Other

Other

reserves

amounts

Total

£

£

£

Amount due to members

-

Amount due from members

(21,111

)

Balance at 1 November 2024

-

(21,111

)

(21,111

)

Loss for the financial year available for discretionary division among members

(39,167

)

-

(39,167

)

Members' interests after loss for the year

(39,167

)

(21,111

)

(60,278

)

Other divisions of loss

39,167

(39,167

)

-

Amount due to members

-

Amount due from members

(60,278

)

Balance at 31 October 2025

-

(60,278

)

(60,278

)

EQUITY

DEBT

TOTAL

Members'

Loans and other debts due to

MEMBERS'

other

members less any amounts due

INTERESTS

interests

from members in debtors

Other

Other

reserves

amounts

Total

£

£

£

Amount due to members

-

Amount due from members

-

Balance at 12 May 2023

-

-

-

Loss for the financial year available for discretionary division among members

(21,111

)

-

(21,111

)

Members' interests after loss for the year

(21,111

)

-

(21,111

)

Other divisions of loss

21,111

(21,111

)

-

Amount due to members

-

Amount due from members

(21,111

)

Balance at 31 October 2024

-

(21,111

)

(21,111

)

1.	STATUTORY INFORMATION

Stirlin Ingham LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

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

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.

Stocks and work in progress

Work in progress is valued at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchases, costs of conversion and all other costs incurred in bringing work in progress to its present condition.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2024 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

162,215

122,516

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

31,255

1,038,572

Other creditors

1,389,693

384,098

1,420,948

1,422,670

6.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Loans

875,000

-

Loans are secured by a fixed charge over the development being carried out.