Squires Park Property LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC438600

		2026		2025 as restated
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		272		480
Investment Properties	5		145,263		124,319

			145,535		124,799
CURRENT ASSETS
Cash at bank and in hand		214		578

		214		578
Creditors: Amounts Falling Due Within One Year	6	(1,857 )		(11 )

NET CURRENT ASSETS (LIABILITIES)			(1,643 )		567

TOTAL ASSETS LESS CURRENT LIABILITIES			143,892		125,366

NET ASSETS ATTRIBUTABLE TO MEMBERS			143,892		125,366

REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability		10,000		10,000
Other amounts		133,892		115,366

			143,892		125,366

			143,892		125,366

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			143,892		125,366

			143,892		125,366

Page 1

Page 2

Squires Park Property LLP

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 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 applicable to LLPs subject to the small LLPs regime.)

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 accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr Anthony Reed

Designated Member

6th August 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Squires Park Property LLP is a limited liability partnership, incorporated in England & Wales, registered number OC438600 . The Registered Office is C/O Holden Associates, V12, Merlin Park, Ringtail Road, Burscough, Lancashire, L40 8JY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention, modified to include investment property at fair value and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in May 2024 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Turnover represents rental income receivable from the letting of investment property.

Rental income arising from operating leases is recognised in the profit and loss account on a straight-line basis over the term of the lease, unless another systematic basis is more representative of the pattern in which the benefit derived from the leased property is diminished.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

33% Straight Line

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: NIL (2025: NIL)

4. Tangible Assets

	Computer Equipment
	£
Cost or Valuation
As at 1 April 2025	531
Additions	167

As at 31 March 2026	698

Depreciation
As at 1 April 2025	51
Provided during the period	375

As at 31 March 2026	426

Net Book Value
As at 31 March 2026	272

As at 1 April 2025	480

Page 3

Page 4

Squires Park Property LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

5. Investment Property

	2026
	£
Fair Value
As at 1 April 2025	124,319
Fair value adjustments	20,944

As at 31 March 2026	145,263

Investment property is initially recognised at cost and subsequently measured at fair value at each reporting date. Changes in fair value are recognised in profit or loss. The fair value at 31 March 2026 was determined by the members by reference to current market rents and investment yields for comparable properties. No independent valuation was obtained.

6. Creditors: Amounts Falling Due Within One Year

	2026	2025 as restated
	£	£
Trade creditors	86	11
Other creditors	1,771	-

	1,857	11

7. Loans and other Debts Due to Members

Members’ capital of £10,000 represents Anthony Reed’s formal capital contribution. Other amounts comprise member loans of £106,574 (2025: £110,700) and amounts owed in respect of profits of £27,318 (2025: £4,666).

Under the members’ arrangements, all profits and losses are automatically divided 100% to Anthony Reed. Automatically divided profits, including investment-property fair value movements, are recognised as members’ remuneration charged as an expense. Amounts remaining unpaid are included within loans and other debts due to members.

The balances are unsecured and rank equally with other unsecured creditors on a winding up. The LLP has no members’ other interests classified as equity.

Page 4