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REGISTERED NUMBER: OC416790

LANDBRIDGE PROPERTY LLP

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDING

31 March 2026

LANDBRIDGE PROPERTY LLP

FINANCIAL STATEMENTS

YEAR ENDED 31st MARCH 2026

Contents | PAGE

Designated members and professional advisers | 1

Chartered certified accountants report to the members on the preparation of the unaudited statutory financial statements | 2

Statement of financial position | 3

Notes to the financial statements | 5

LANDBRIDGE PROPERTY LLP

DESIGNATED MEMBERS AND PROFESSIONAL ADVISERS

DESIGNATED MEMBERS | PJR Summers
| WSF Barton
| BC Wheaton
| JES Brooke

REGISTERED OFFICE | 106-107 Dowgate Hill House
| 14-16 Dowgate Hill
| London
| EC4R 2SU

ACCOUNTANTS | Colne Valley Business Services LLP t/a Cloke & Co
| Chartered Certified Accountants
| 106-107 Dowgate Hill House
| 14-16 Dowgate Hill
| London
| EC4R 2SU

LANDBRIDGE PROPERTY LLP

CHARTERED CERTIFIED ACCOUNTANTS REPORT TO THE MEMBERS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF LANDBRIDGE PROPERTY LLP

YEAR ENDED 31st MARCH 2026
In order to assist you to fulfil your duties under the Companies Act 2006 as applied to limited liability partnerships by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Landbridge Property LLP for the year ended 31st March 2026, which comprise the statement of financial position and the related notes from the LLP's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html. This report is made solely to the members of Landbridge Property LLP, as a body, in accordance with the terms of our engagement letter dated 11th September 2017. Our work has been undertaken solely to prepare for your approval the financial statements of Landbridge Property LLP and state those matters that we have agreed to state to you, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Landbridge Property LLP and its members, as a body, for our work or for this report.
It is your duty to ensure that Landbridge Property LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Landbridge Property LLP. You consider that Landbridge Property LLP is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Landbridge Property LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Colne Valley Business Services LLP t/a Cloke & Co Chartered Certified Accountants
106-107 Dowgate Hill House 14-16 Dowgate Hill London EC4R 2SU
12 August 2026

LANDBRIDGE PROPERTY LLP

STATEMENT OF FINANCIAL POSITION

31 March 2026

| 2026 | 2025
Note | £ | £

FIXED ASSETS

Tangible assets | 5 | 10,769 | 12,541

CURRENT ASSETS

Inventories | 15,560 | 10,288
Debtors | 6 | 393,770 | 435,243
Cash at bank and in hand | 481,159 | 509,977
| --------- | ---------
| 890,489 | 955,508

CREDITORS: amounts falling due within one year | 7 | 192,875 | 198,842
| --------- | ---------
NET CURRENT ASSETS | 697,614 | 756,666
| --------- | ---------
TOTAL ASSETS LESS CURRENT LIABILITIES | 708,383 | 769,207
| --------- | ---------
NET ASSETS | 708,383 | 769,207
| --------- | ---------

REPRESENTED BY:
LOANS AND OTHER DEBTS DUE TO MEMBERS

Other amounts | 8 | 588,383 | 649,207

MEMBERS' OTHER INTERESTS

Members' capital classified as equity | 120,000 | 120,000
Other reserves | – | –
| --------- | ---------
| 708,383 | 769,207
| --------- | ---------

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members | 8 | 588,383 | 649,207
Members' other interests | 120,000 | 120,000
| --------- | ---------
| 708,383 | 769,207
| --------- | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006 (as applied to LLPs), the statement of comprehensive income has not been delivered.
For the year ending 31st March 2026 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) relating to small LLPs.
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 financial statements .

LANDBRIDGE PROPERTY LLP

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2026
These financial statements were approved by the members and authorised for issue on 7 August 2026 , and are signed on their behalf by:

PJR Summers | WSF Barton
Designated Member | Designated Member

BC Wheaton | JES Brooke
Designated Member | Designated Member

Registered number: OC416790

LANDBRIDGE PROPERTY LLP

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31st MARCH 2026

1. | GENERAL INFORMATION

The LLP is registered in England and Wales. The address of the registered office is 106-107 Dowgate Hill House, 14-16 Dowgate Hill, London, EC4R 2SU.

2. | STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP 2021).

3. | ACCOUNTING POLICIES

BASIS OF PREPARATION
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
REVENUE RECOGNITION
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
MEMBERS' PARTICIPATION RIGHTS
Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed, remuneration and profits).
Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with Section 22 of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships'. A member's participation right results in a liability unless the right to any payment is discretionary on the part of the LLP.
Amounts subscribed or otherwise contributed by members, for example members' capital, are classed as equity if the LLP has an unconditional right to refuse payment to members. If the LLP does not have such an unconditional right, such amounts are classified as liabilities.
Where profits are automatically divided as they arise, so the LLP does not have an unconditional right to refuse payment, the amounts arising that are due to members are in the nature of liabilities. They are therefore treated as an expense in the statement of comprehensive income in the relevant year. To the extent that they remain unpaid at the year end, they are shown as liabilities in the statement of financial position.
Conversely, where profits are divided only after a decision by the LLP or its representative, so that the LLP has an unconditional right to refuse payment, such profits are classed as an appropriation of equity rather than as an expense. They are therefore shown as a residual amount available for discretionary division among members in the statement of comprehensive income and are equity appropriations in the statement of financial position.
Other amounts applied to members, for example remuneration paid under an employment contract and interest on capital balances, are treated in the same way as all other divisions of profits, as described above, according to whether the LLP has, in each case, an unconditional right to refuse payment.
All amounts due to members that are classified as liabilities are presented in the statement of financial position within 'Loans and other debts due to members' and are charged to the statement of comprehensive income within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the statement of financial position within 'Members' other interests'.
TANGIBLE ASSETS
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
DEPRECIATION
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Fixtures and fittings | - | 20% reducing balance
| Equipment | - | 33% straight line

IMPAIRMENT OF FIXED ASSETS
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the LLP are assigned to those units.
INVENTORIES
Inventories have been valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacture/completion.
FINANCIAL INSTRUMENTS
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
DEFINED CONTRIBUTION PLANS
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. | EMPLOYEE NUMBERS

The average number of persons employed by the LLP during the year, including the members with contracts of employment, amounted to 6 (2025: 6 ).

5. | TANGIBLE ASSETS

| Fixtures and fittings | Equipment | Total
| £ | £ | £
Cost |  |  |
At 1st April 2025 | 22,055 | 20,214 | 42,269
Additions | – | 2,814 | 2,814
| -------- | -------- | --------
At 31st March 2026 | 22,055 | 23,028 | 45,083
| -------- | -------- | --------
Depreciation |  |  |
At 1st April 2025 | 16,092 | 13,636 | 29,728
Charge for the year | 1,193 | 3,393 | 4,586
| -------- | -------- | --------
At 31st March 2026 | 17,285 | 17,029 | 34,314
| -------- | -------- | --------
Carrying amount |  |  |
At 31st March 2026 | 4,770 | 5,999 | 10,769
| -------- | -------- | --------
At 31st March 2025 | 5,963 | 6,578 | 12,541
| -------- | -------- | --------

6. | DEBTORS

| 2026 | 2025
| £ | £
Trade debtors | 354,528 | 402,109
Other debtors | 39,242 | 33,134
| --------- | ---------
| 393,770 | 435,243
| --------- | ---------

7. CREDITORS: amounts falling due within one year

| 2026 | 2025
| £ | £
Trade creditors | 12,350 | 16,830
Social security and other taxes | 148,523 | 149,517
Other creditors | 32,002 | 32,495
| --------- | ---------
| 192,875 | 198,842
| --------- | ---------

8. | LOANS AND OTHER DEBTS DUE TO MEMBERS

| 2026 | 2025
| £ | £
Amounts owed to members in respect of profits | 588,383 | 649,207
| --------- | ---------