REGISTERED NUMBER: OC444468 (England and Wales)

Report of the Members and

Unaudited Financial Statements for the Year Ended 30 November 2025

for

SALIE-PARKER LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

Dr M S Parker

Dr R Salie-Parker

REGISTERED OFFICE:

Havenbrook Clacton Road

Elmstead

Colchester

Essex

CO7 7DB

REGISTERED NUMBER:

OC444468 (England and Wales)

The members present their report with the financial statements of the LLP for the year ended 30 November 2025.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of other letting and operating of own or leased properties.

DESIGNATED MEMBERS

The designated members during the year under review were:

Dr M S Parker

Dr R Salie-Parker

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £4,261 (2024 - £1,097 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

Dr M S Parker - Designated member

27 August 2026

TURNOVER

25,200

25,200

Administrative expenses

1,002

1,107

OPERATING PROFIT

24,198

24,093

Interest payable and similar expenses

19,937

22,996

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

4,261

1,097

FIXED ASSETS

Investment property

4

265,246

265,246

CURRENT ASSETS

Cash at bank

5,037

2,449

CREDITORS

Amounts falling due within one year

5

5,852

4,952

NET CURRENT LIABILITIES

(815

)

(2,503

)

TOTAL ASSETS LESS CURRENT LIABILITIES

264,431

262,743

CREDITORS

Amounts falling due after more than one year

6

244,017

246,591

NET ASSETS ATTRIBUTABLE TO MEMBERS

20,414

16,152

LOANS AND OTHER DEBTS DUE TO MEMBERS

20,414

16,152

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

20,414

16,152

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 30 November 2025.

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 27 August 2026 and were signed by:

Dr M S Parker - Designated member

1.	STATUTORY INFORMATION

SALIE-PARKER LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

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 modified to include investment property.

Turnover

Turnover represents the rent receivable in the period. Income is recognised in the period to which it relates.

Investment property

Investment property which is property held to earn rentals and/or for capital appreciation is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit and loss account.

Financial instruments

The limited liability partnership has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the limited liability partnership's statement of financial position when the limited liability partnership becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors, are recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2024

and 30 November 2025

265,246

NET BOOK VALUE

At 30 November 2025

265,246

At 30 November 2024

265,246

In the opinion of the members, the market value of the other property is not materially different to the carrying value in the accounts as the balance sheet.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts (see note 7)

3,152

3,152

Other creditors

2,700

1,800

5,852

4,952

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans (see note 7)

244,017

246,591

7.

LOANS

An analysis of the maturity of loans is given below:

30.11.25

30.11.24

£

£

Amounts falling due within one year or on demand:

Bank loans - less than 1 yr

3,152

3,152

Amounts falling due between two and five years:

Bank loans - 2-5 years

244,017

246,591

Included within creditors falling due within one year and more than one year are bank loans amounting to £247,168 (2024: £249,743)

Bank loan are secured over the properties owned by the company.