Thame Property Company LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: OC373371

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1		1
Investment Properties	5		550,000		525,000

			550,001		525,001
CURRENT ASSETS
Cash at bank and in hand		5,196		6,392

		5,196		6,392
Creditors: Amounts Falling Due Within One Year	7	(2,975 )		(4,885 )

NET CURRENT ASSETS (LIABILITIES)			2,221		1,507

TOTAL ASSETS LESS CURRENT LIABILITIES			552,222		526,508

NET ASSETS ATTRIBUTABLE TO MEMBERS			552,222		526,508

REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability		552,222		526,508

			552,222		526,508

			552,222		526,508

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			552,222		526,508

			552,222		526,508

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Thame Property Company LLP

Balance Sheet (continued)

As At 5 April 2026

For the year ending 5 April 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

Denton Berry

Designated Member

28th August 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Thame Property Company LLP is a limited liability partnership, incorporated in England & Wales, registered number OC373371 . The Registered Office is Suite 202 , 42-44 Clarendon Road , Watford, Herts, WD17 1JJ.

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. 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.

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.

2.3. 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:

Fixtures & Fittings

Five years on cost

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.

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Thame Property Company LLP

Notes to the Financial Statements (continued)

For The Year Ended 5 April 2026

2.5. Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

2.6. Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

2.7. Taxation

The taxation payable on the partnership's profits is the liability of the members. Consequently, neither partnership taxation nor related deferred taxation is accounted for in these financial statements. Sums set aside in respect of members' tax obligations are included in the balance sheet within loans and other debts due to members, or are set against amounts due from members as appropriate.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 1 (2025: 1)

4. Tangible Assets

	Fixtures & Fittings
	£
Cost or Valuation
As at 6 April 2025	8,000

As at 5 April 2026	8,000

Depreciation
As at 6 April 2025	7,999

As at 5 April 2026	7,999

Net Book Value
As at 5 April 2026	1

As at 6 April 2025	1

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Thame Property Company LLP

Notes to the Financial Statements (continued)

For The Year Ended 5 April 2026

5. Investment Property

	2026
	£
Fair Value
As at 6 April 2025	525,000
Fair value adjustments	25,000

As at 5 April 2026	550,000

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other creditors	2,153	3,846
Taxation and social security	822	1,039

	2,975	4,885

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