RVH Development (Folkestone) LLP iXBRL

Limited Liability Partnership Number: OC452918

RVH Development (Folkestone) LLP

Unaudited Financial Statements

for the financial period ended 31 March 2026

RVH Development (Folkestone) LLP

MEMBERS AND OTHER INFORMATION

Members	Tolman Homes Limited
	Mactaggart & Mickel Homes Limited


Limited Liability Partnership Number	OC452918


Registered Office	5 West Court
	Enterprise Road
	Maidstone
	Kent
	ME15 6JD


Business Address	The Coal House
	The Halt
	Duck Street
	Elham
	Canterbury
	Kent
	CT4 6TP


Accountants	Henry Reeves and Co
	Chartered Certified Accountants
	5 West Court
	Enterprise Road
	Maidstone
	Kent
	ME15 6JD

RVH Development (Folkestone) LLP

STATEMENT OF MEMBERS' RESPONSIBILITIES IN RESPECT OF THE MEMBERS’ REPORT AND THE FINANCIAL STATEMENTS

for the financial period ended 31 March 2026

General responsibilities

The members are responsible for preparing the Members’ Report and the financial statements in accordance with applicable law and regulations.

Legislation applicable to limited liability partnerships requires the members to prepare financial statements for each financial period. Under that law the members have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including FRS102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", applying Section 1A of that Standard. Under company law as applied to Limited Liability Partnerships the members must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Limited Liability Partnership and of the profit or loss of the Limited Liability Partnership for that period.

The members are responsible for keeping adequate accounting records that are sufficient to show and explain the Limited Liability Partnership's transactions and disclose with reasonable accuracy at any time the financial position of the Limited Liability Partnership and enable them to ensure that the financial statements comply with the Companies Act 2006 as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. The members are also responsible for safeguarding the assets of the Limited Liability Partnership and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The members are responsible for the maintenance and integrity of the corporate and financial information included on the limited liability partnership website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Members' declaration on unaudited financial statements

In relation to the financial statements comprising the Statement of Financial Position and related notes, including a summary of significant accounting policies set out in note 2.

The members approve these financial statements and confirm that they are responsible for them, including selecting the appropriate accounting policies, applying them consistently and making, on a reasonable and prudent basis, the judgements underlying them. They have been prepared on the going concern basis on the grounds that the Limited Liability Partnership will continue in business.

The members confirm that they have made available to Henry Reeves and Co, Chartered Certified Accountants, all the Limited Liability Partnership's accounting records and provided all the information, books and documents necessary for the compilation of the financial statements.

The members confirm that to the best of their knowledge and belief, the accounting records reflect all the transactions of the Limited Liability Partnership for the financial period ended 31 March 2026.

Approved by the members on 27 August 2026

and signed on behalf of the members



__________________________________
Tolman Homes Limited
Designated Member

RVH Development (Folkestone) LLP

Limited Liability Partnership Number: OC452918

STATEMENT OF FINANCIAL POSITION

as at 31 March 2026

Mar 26

Jul 25

Notes

Current Assets

Stock

8,947,454

5,345,506

Creditors: Amounts falling due within one year

(2,449)

(26,031)

─────────

Net Current Assets

8,945,005

5,319,475

─────────

Total Assets less Current Liabilities

8,945,005

5,319,475

Creditors: Amounts falling due after more than one year

(6,585,235)

(2,959,854)

─────────

Net assets attributable to members

2,359,770

2,359,621

═════════

Represented By:

Loans and other debts due to members within one year

Members' capital classified as a liability

2,365,272

2,362,609

Members' other interests

Other reserves classified as equity

(5,502)

(2,988)

─────────

2,359,770

2,359,621

═════════

Total Members' Interests

Loans and other debts due to members

2,365,272

2,362,609

Members' other interests

(5,502)

(2,988)

─────────

2,359,770

2,359,621

═════════

The Limited Liability Partnership has taken advantage of the exemption under section 444 not to file the Income Statement.

For the financial period ended 31 March 2026 the Limited Liability Partnership was entitled to exemption from audit under section 477 of the Companies Act 2006, as modified by Regulation 34 of the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

The members acknowledge their responsibilities for ensuring that the Limited Liability Partnership keeps accounting records which comply with Section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the Limited Liability Partnership as at the end of the financial period and of its profit and loss for the financial period then ended in accordance with Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the Limited Liability Partnership.

These financial statements have been prepared in accordance with the special provisions relating to small Limited Liability Partnership within Part 15 of the Companies Act 2006 (as applied to Limited Liability Partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008) as amended.

These unaudited financial statements were approved by the members.

These financial statements were approved by the members and authorised for issue on 27 August 2026, and signed on their behalf by:

________________________________

Tolman Homes Limited

Designated Member

LLP No. OC452918

RVH Development (Folkestone) LLP

NOTES TO THE FINANCIAL STATEMENTS

for the financial period ended 31 March 2026

GENERAL INFORMATION

RVH Development (Folkestone) LLP is an LLP incorporated in England. The LLP's registered office is 5 West Court , Enterprise Road, Maidstone, Kent, ME15 6JD,. The nature of the LLP’s operations and its principal activities are set out in the Members' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

ACCOUNTING POLICIES

Statement of compliance

The financial statements of the Limited Liability Partnership for the financial period ended 31 March 2026 have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland", applying Section 1A of the Standard, issued by the Financial Reporting Council and in accordance with the Companies Act 2006 as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, as amended.

Basis of preparation

The financial statements have been prepared under the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets. The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the Limited Liability Partnership's financial statements.

Cash flow statement

The Limited Liability Partnership has availed of the exemption in Section 1A, FRS 102 from the requirement to prepare a Statement of Cash Flows because it is classified as a small entity.

Members' remuneration

A member's share in the profit and loss for the financial period is accounted for as an allocation of profits.

Stock

Stocks are valued at the lower of cost and net realisable value. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

PERIOD OF FINANCIAL STATEMENTS

The financial statements are for the 8 month period ended 31 March 2026.

EMPLOYEES

The average monthly number of persons (including members with contracts of employment) employed during the financial year, was 0.


5.	STOCK	Mar 26	Jul 25
		£	£

	Work in progress	8,947,454	5,345,506
		═════════	═════════


6.	CREDITORS	Mar 26	Jul 25
	Amounts falling due within one year	£	£

	Trade creditors	19	198
	Accruals	2,430	25,833
		─────────	─────────
		2,449	26,031
		═════════	═════════


7.	CREDITORS	Mar 26	Jul 25
	Amounts falling due after more than one year	£	£

	Other loan	6,585,235	2,959,854
		═════════	═════════

	Loans
	Repayable between two and five years	6,585,235	2,959,854
		═════════	═════════

RANKING IN THE EVENT OF WINDING UP

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.