The notes on pages 3 to 5 form part of these financial statements.

For the financial year ended 31 March 2026 the limited liability partnership 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 relating to small limited liability partnerships.

The members acknowledge their responsibilities for complying with the requirements of the Act as applied to limited liability partnerships with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to limited liability partnerships subject to the small limited liability partnerships regime.

The members of the limited liability partnership have elected not to include a copy of the profit and loss account within the financial statements.

The Hayton LLP is a limited liability partnership incorporated in England and Wales. The registered office is c/o Fenn Wright, 20 Duke Street, Chelmsford, Essex, United Kingdom, CM1 1HL.

The limited liability partnership's principal activities are disclosed in the Members' Report.

These financial statements have been prepared in accordance with the Statement of Recommended Practice "Accounting by Limited Liability Partnerships" issued in December 2021, together with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the limited liability partnership. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Turnover represents rents receivable for the period.

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Creditors

Short term creditors are measured at the transaction price.

Significant judgements and estimates

No significant judgements or estimations have been applied in the preparation of the financial statements.

The average number of persons (excluding members) employed by the partnership during the year was:

Investment property comprises £500,000. The fair value of the investment property has been arrived at on the basis of a valuation carried out at 31 March 2026 by the members. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

The bank loan is secured by a first legal charge over the LLP's investment property.

Amounts due to members fall due within one year.

In the event of the Limited Liability Partnership being wound up, all unsecured creditors would rank equally. There is no provision for specific legally enforceable protection afforded to creditors in such an event. There are no restrictions or limitations that exist on the members to reduce the 'Members other interest'.

The LLP has three designated members, none of whom has a controlling interest.