REGISTERED NUMBER: OC304335 (England and Wales)

The Coniston Shooting Ground LLP

Report of the Members and

Unaudited Financial Statements

for the Year Ended 31 March 2026

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

M J R Bannister

N W A Bannister

The Coniston Hotel Limited

REGISTERED OFFICE:

Coniston Hall

Coniston Cold

Skipton

North Yorkshire

BD23 4EB

REGISTERED NUMBER:

OC304335 (England and Wales)

ACCOUNTANTS:

Walkers Accountants Limited

Aireside House

Aireside Business Centre

Royd Ings Avenue

Keighley

West Yorkshire

BD21 4BZ

The members present their report with the financial statements of the LLP for the year ended 31 March 2026.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of running of the shooting ground on the Coniston Hall estate.

DESIGNATED MEMBERS

The designated members during the year under review were:

M J R Bannister

N W A Bannister

The Coniston Hotel Limited

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £190,390 (2025 - £73,945 profit).

MEMBERS' INTERESTS

Members are permitted to make drawings in anticipation of profits which will be allocated to them.

New members are required to subscribe a minimum level of capital. Capital repayment is at the discretion of the members.

During the year £nil was transferred from members' equity interests to debts due to members.

ON BEHALF OF THE MEMBERS:

M J R Bannister - Designated member

24 August 2026

TURNOVER

1,129,621

990,066

Cost of sales

(539,471

)

(450,780

)

GROSS PROFIT

590,150

539,286

Administrative expenses

(399,729

)

(465,920

)

190,421

73,366

Other operating income

-

208

OPERATING PROFIT

4

190,421

73,574

Interest receivable and similar income

251

371

190,672

73,945

Interest payable and similar expenses

(282

)

-

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES

190,390

73,945

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES

190,390

73,945

Members' remuneration charged as an expense

5

(86,075

)

(27,462

)

PROFIT FOR THE FINANCIAL YEAR AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

104,315

46,483

FIXED ASSETS

Tangible assets

6

416,898

333,122

CURRENT ASSETS

Stocks

202,943

179,592

Debtors

7

43,400

86,628

Cash at bank

78,027

89,076

324,370

355,296

CREDITORS

Amounts falling due within one year

8

(88,396

)

(80,180

)

NET CURRENT ASSETS

235,974

275,116

TOTAL ASSETS LESS CURRENT LIABILITIES

652,872

608,238

CREDITORS

Amounts falling due after more than one year

9

(39,679

)

-

NET ASSETS ATTRIBUTABLE TO MEMBERS

613,193

608,238

LOANS AND OTHER DEBTS DUE TO MEMBERS

11

28,608

23,653

MEMBERS' OTHER INTERESTS

Capital accounts

584,585

584,585

613,193

608,238

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

11

28,608

23,653

Members' other interests

584,585

584,585

Amounts due from members

7

(17,240

)

(66,778

)

595,953

541,460

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

The financial statements were approved by the members of the LLP and authorised for issue on 24 August 2026 and were signed by:

M J R Bannister - Designated member

1.	STATUTORY INFORMATION

The Coniston Shooting Ground 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.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - 5% on cost

Short leasehold - over the period of the lease

Plant and machinery - 15% on reducing balance

Fixtures and fittings - 10% on cost

Motor vehicles - 25% on cost

Assets held under finance lease are depreciated in the same manner as owned assets.

Renewals, repairs and maintenance are charged to profit and loss during the period in which they are incurred.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using a mixture of methods. The depreciation bases are as detailed above.

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are credited or charged to the income statement.

Impairment of fixed assets

At each balance sheet date, the Company reviews the carrying amounts of its property, plant and equipment to determine whether there is any indication that any items of property, plant and equipment have suffered an impairment loss. If any such indications exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

If the recoverable amount of an asset is estimated to be less that its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.

Where an impairment loss subsequently reserves, the carrying amount of the asset is increased to the revised estimate of its recoverable amount that would have been determined (net of depreciation) had no impairment loss been recognised for the asset in the prior years. A reversal of an impairment loss is recognised as income immediately.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 11 (2025 - 11 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

31.3.26

31.3.25

£

£

Depreciation - owned assets

37,156

36,777

5.	INFORMATION IN RELATION TO MEMBERS

31.3.26

31.3.25

£

£

Members' remuneration charged as an expense

Partners' salaries

86,075

27,462

6.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2025

402,194

801,992

1,204,186

Additions

-

121,485

121,485

Disposals

-

(87,440

)

(87,440

)

At 31 March 2026

402,194

836,037

1,238,231

DEPRECIATION

At 1 April 2025

285,277

585,787

871,064

Charge for year

-

37,709

37,709

Eliminated on disposal

-

(87,440

)

(87,440

)

At 31 March 2026

285,277

536,056

821,333

NET BOOK VALUE

At 31 March 2026

116,917

299,981

416,898

At 31 March 2025

116,917

216,205

333,122

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

Additions

53,100

At 31 March 2026

53,100

DEPRECIATION

Charge for year

553

At 31 March 2026

553

NET BOOK VALUE

At 31 March 2026

52,547

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

14,711

14,126

Other debtors

28,689

72,502

43,400

86,628

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts (see note 10)

13,854

-

Trade creditors

39,623

52,229

Taxation and social security

30,319

23,451

Other creditors

4,600

4,500

88,396

80,180

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts (see note 10)

39,679

-

10.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.3.26

31.3.25

£

£

Net obligations repayable:

Within one year

13,854

-

Between one and five years

39,679

-

53,533

-

11.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Third party creditors will take priority over amounts due to members.