REGISTERED NUMBER: OC396598 (England and Wales)

Financial Statements

for the Year Ended 31 March 2026

for

Godwit Haven LLP

Page

General Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr P Gudka

Mr D S Leigh

Mr J S Orchard

Mr G E Smith

REGISTERED OFFICE:

C/o Parker Cavendish, Suite

301, Stanmore Business and

Innovation Centre, Howard Rd

Stanmore

Middlesex

HA7 1FW

REGISTERED NUMBER:

OC396598 (England and Wales)

ACCOUNTANTS:

Parker Cavendish

Chartered Accountants

Suite 301, Stanmore Business

and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

FIXED ASSETS

Investment property

4

3,000,000

6,000,000

CURRENT ASSETS

Debtors

5

34,452

36,382

Cash at bank

98,332

54,090

132,784

90,472

CREDITORS

Amounts falling due within one year

6

(71,954

)

(78,384

)

NET CURRENT ASSETS

60,830

12,088

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

3,060,830

6,012,088

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

125,844

77,102

MEMBERS' OTHER INTERESTS

Capital accounts

9,534,986

9,534,986

Fair value reserve

8

(6,600,000

)

(3,600,000

)

3,060,830

6,012,088

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

125,844

77,102

Members' other interests

2,934,986

5,934,986

3,060,830

6,012,088

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 March 2026.

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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 12 August 2026 and were signed by:

Mr P Gudka - Designated member

1.	STATUTORY INFORMATION

Godwit Haven 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 as modified by the revaluation of certain assets.

Turnover

Income comprises rent receivable and other income from investment properties net of value added tax and is recognised on an accruals basis. Benefits provided to lessees in the form of rent free periods and capital contributions are treated as a reduction in the overall return on the lease and are recognised on a straight line basis over the full term of the lease.

Investment property

Initial measurement

Investment properties are initially measured at cost.

Subsequent measurement

Investment properties are measured at fair value at each reporting date with changes in fair values recognised in profit or loss. No depreciation is provided in respect of investment properties.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2025 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

6,000,000

Revaluations

(3,000,000

)

At 31 March 2026

3,000,000

NET BOOK VALUE

At 31 March 2026

3,000,000

At 31 March 2025

6,000,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2026

3,000,000

If the investment properties had not been revalued they would have been included at the following historical cost:

2026

2025

£

£

Cost

9,600,000

9,600,000

The investment properties were valued on an open market basis on 31 March 2026 by the members .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

9,752

8,459

Other debtors

24,700

27,923

34,452

36,382

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

-

1,056

VAT

20,140

22,682

Other creditors

4,513

7,345

Accruals and deferred income

47,301

47,301

71,954

78,384

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank pari passu with other unsecured creditors in the event of a winding up of the LLP. There are no restrictions on the ability of the members to reduce the amount of members’ other interests.

8.

RESERVES

Fair

value

reserve

£

At 1 April 2025

(3,600,000

)

Fair value movement

(3,000,000

)

At 31 March 2026

(6,600,000

)

9.	RELATED PARTY DISCLOSURES

During the year, the LLP paid Mr P Gudka £9,000 (2025: £9,000) for accountancy services. The LLP also paid Mr G E Smith £9,000 (2025: £9,000) for property consultancy services. Both, Mr P Gudka and Mr G E Smith are designated members.