Wavendon Residential Properties LLP

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

Registered number: OC350097

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		1,061,034		1,059,604

			1,061,034		1,059,604
CURRENT ASSETS
Debtors	5	3,760		920
Cash at bank and in hand		156,936		173,603

		160,696		174,523
Creditors: Amounts Falling Due Within One Year	6	(28,030 )		(9,142 )

NET CURRENT ASSETS (LIABILITIES)			132,666		165,381

TOTAL ASSETS LESS CURRENT LIABILITIES			1,193,700		1,224,985

NET ASSETS ATTRIBUTABLE TO MEMBERS			1,193,700		1,224,985

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		1,193,700		1,224,985

			1,193,700		1,224,985

			1,193,700		1,224,985

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			1,193,700		1,224,985

			1,193,700		1,224,985

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Wavendon Residential Properties LLP

Balance Sheet (continued)

As At 30 November 2025

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

d Phillips Properties Limited

Designated Member

19/08/2026

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

1. General Information

Wavendon Residential Properties LLP is a limited liability partnership, incorporated in England & Wales, registered number OC350097 . The Registered Office is D N S House, 382 Kenton Road, Harrow, Middlesex, HA3 8DP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention 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. Going Concern Disclosure

The members have not identified any material uncertainties related to events or conditions that may cast significant doubt about the LLP's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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 (2024: NIL)

4. Investment Property

	2025
	£
Fair Value
As at 1 December 2024	1,059,604
Additions	1,430

As at 30 November 2025	1,061,034

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Wavendon Residential Properties LLP

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	3,760	920

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	16,960	2,175
Other creditors	11,070	6,967

	28,030	9,142

7. Related Party Transactions

Management fees of £11,800 (2024 - £7,500) were paid to D Phillips Properties Limited whose director is a designated member within the LLP.

8. Audit Information

The auditor's report on the accounts of Wavendon Residential Properties LLP for the year ended 30 November 2025 was unqualified.

The auditor's report was signed by Sunil Phakkey FCCA (Senior Statutory Auditor) for and on behalf of Pritchard Fellows & Co, Chartered Accountants , Statutory Auditor.

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