REGISTERED NUMBER: OC454841 (England and Wales)

Report of the Members and

Unaudited Financial Statements

for the Period 10th December 2024 to 31st March 2026

for

Carroll Homes Partnership LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

A L Carroll

Ms H Carroll

C L Carroll

REGISTERED OFFICE:

169 Rose Lane

Liverpool

L18 5EA

REGISTERED NUMBER:

OC454841 (England and Wales)

ACCOUNTANTS:

OCG Accountants Ltd

Biz Hub Tees Valley

Belasis Hall Technology Park

Coxwold Way

Billingham

Co. Durham

TS23 4EA

The members present their report with the financial statements of the LLP for the period 10th December 2024 to 31st March 2026.

INCORPORATION

The LLP was incorporated on 10th December 2024 and commenced trading on 6th April 2025.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the period under review was that of property rental.

DESIGNATED MEMBERS

The designated members during the period under review were:

A L Carroll

Ms H Carroll

C L Carroll

RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS

The profit for the period before members' remuneration and profit shares was £3,151,769.

MEMBERS' INTERESTS

Members are remunerated from the profits of the LLP and are required to make their own provision for pensions and other benefits. Profits are allocated and divided between members after finalisation of the financial statements. Members draw a proportion of their profit shares during the year in which it is made, with the balance of profits being distributed after the year end, subject to the cash requirements of the business. Capital is repaid to members on resignation or retirement. Only those members who have contributed capital to the LLP are allocated losses, if the LLP declares a loss in a period.

ON BEHALF OF THE MEMBERS:

A L Carroll - Designated member

9th September 2026

TURNOVER

276,154

Administrative expenses

(104,541

)

171,613

Gain/loss on revaluation of tangible assets

3,157,400

OPERATING PROFIT

3,329,013

Interest payable and similar expenses

(177,244

)

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

3,151,769

FIXED ASSETS

Tangible assets

4

6,350,000

CURRENT ASSETS

Debtors

5

69,983

Cash at bank

1,272

71,255

CREDITORS

Amounts falling due within one year

6

(1,440

)

NET CURRENT ASSETS

69,815

TOTAL ASSETS LESS CURRENT LIABILITIES

6,419,815

CREDITORS

Amounts falling due after more than one year

7

(4,470,000

)

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,949,815

LOANS AND OTHER DEBTS DUE TO MEMBERS

-

MEMBERS' OTHER INTERESTS

Capital accounts

1,949,815

1,949,815

TOTAL MEMBERS' INTERESTS

Members' other interests

1,949,815

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 period ended 31st 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 9th September 2026 and were signed by:

A L Carroll - Designated member

1.	STATUTORY INFORMATION

Carroll Homes Partnership 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 as modified by the revaluation of certain assets.

TURNOVER

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.

Land and buildings

-

in accordance with the property

3.	EMPLOYEE INFORMATION

The average number of employees during the period was NIL.

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST OR VALUATION

Additions

3,192,600

Revaluations

3,157,400

At 31st March 2026

6,350,000

NET BOOK VALUE

At 31st March 2026

6,350,000

Cost or valuation at 31st March 2026 is represented by:

Land and

buildings

£

Valuation in 2026

3,157,400

Cost

3,192,600

6,350,000

5.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Other debtors

69,983

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other creditors

1,440

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans

4,470,000

8.	SECURED DEBTS

The following secured debts are included within creditors:

£

Bank loans

4,470,000