Registered number
OC360994
Albury Property LLP
Filleted Accounts
31 March 2026

Albury Property LLP
Registered number: | OC360994
Balance Sheet
as at 31 March 2026
Notes |  | 2026 |  | 2025
£ | £
Fixed assets
Investments | 3 |  | 300,000 |  | 300,000
Current assets |  |  |  |  |
Debtors | 4 |  | 144 |  | -
Cash at bank and in hand |  |  | 585 |  | 465
|  |  | 729 |  | 465
Creditors: amounts falling due within one year | 5 |  | (801) |  | (1,201)
Net current liabilities |  |  | (72) |  | (736)
Total assets less current liabilities |  |  | 299,928 |  | 299,264
Net assets attributable to members | 299,928 |  | 299,264
Represented by:
Loans and other debts due to members | 6 |  | (1,250) |  | (1,914)
Members' other interests
Members' capital classified as equity |  |  | 326,784 |  | 326,784
Revaluation reserve |  |  | (25,606) |  | (25,606)
|  |  | 301,178 |  | 301,178
|  |  | 299,928 |  | 299,264
Total members' interests
Loans and other debts due to members | 6 |  | (1,250) |  | (1,914)
Members' other interests |  |  | 301,178 |  | 301,178
|  |  | 299,928 |  | 299,264
For the year ended 31 March 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 11 August 2026 and signed on their behalf by:
Sara Kennard
Designated member

Albury Property LLP
Notes to the Accounts
for the year ended 31 March 2026
1 | Accounting policies
| Investment income
| Rental income arising from investment properties is recognised on a straight line basis over the lease term. Rental income is presented within investment income in the profit and loss account.
| 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.
| Investments
| Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
| 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 | 0 |  | 0
3 | Fixed asset investments
Other
investments
£
| Cost
| At 1 April 2025 | 300,000
| At 31 March 2026 | 300,000
| Historical cost
| At 1 April 2025 | 300,000
| At 31 March 2026 | 300,000
4 | Debtors | 2026 |  | 2025
£ | £
| Other debtors | 144 |  | -
5 | Creditors: amounts falling due within one year | 2026 |  | 2025
£ | £
| Other creditors | 801 |  | 1,201
6 | Loans and other debts due to members | 2026 |  | 2025
£ | £
| Amounts due to members in respect of profits | (1,250) |  | (1,914)
| Amounts falling due within one year | 664 |  | 26,706
| Amounts falling due after more than one year | (1,914) |  | (28,620)
|  |  |  |  |  | (1,250) |  | (1,914)
| Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.
7 | Revaluation reserve | 2026 |  | 2025
£ | £
| At 1 April 2025 | 25,606 |  | -
| Gain on revaluation of land and buildings | - |  | 25,606
| At 31 March 2026 | 25,606 |  | 25,606
8 | Other information
| Albury Property LLP is a limited liability partnership incorporated in England. Its registered office is:
| Old Bank Building
| East Street
| Ilminster
| TA19 0AJ

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