Boultbee Brooks (Thirsk Row) Limited Liability Partnership LLP accounts

REGISTERED NUMBER: OC423100

Boultbee Brooks (Thirsk Row) Limited Liability Partnership

Unaudited Financial Statements

31 December 2025

Boultbee Brooks (Thirsk Row) Limited Liability Partnership

Financial Statements

Year ended 31 December 2025

Contents	Page

Members' report	1

Statement of comprehensive income	3

Statement of financial position	4

Reconciliation of members' interests	6

Notes to the financial statements	8

Boultbee Brooks (Thirsk Row) Limited Liability Partnership

Members' Report

Year ended 31 December 2025

The members present their report and the unaudited financial statements of the LLP for the year ended 31 December 2025 .

Principal activities

The principal activity of the company during the period was property development.

Designated members

The designated members who served the LLP during the year were as follows:

Boultbee Developments Limited
ZMR Business Consultants Limited
Groom Properties Limited
Cowrie Properties Limited

Policy regarding members' drawings and the subscription and repayment of amounts subscribed or otherwise contributed by members

Members are permitted to make drawings when profits have been allocated to them, subject to sufficient maintenance of working capital. Drawings are determined after the end of each calendar quarter.

New members are required to subscribe a minimum level of capital and any subsequent capital requirements maybe determined by unanimous consent of the members. Withdrawal of capital maybe allowed on refinance of the development property or upon sale.

This report was approved by the members on 14 September 2026 and signed on behalf of the members by:

L.Roberts director of designated member Boultbee Developments Limited

Registered office:

Shell Store

Canary Drive

Rotherwas

Hereford

HR2 6SR

Boultbee Brooks (Thirsk Row) Limited Liability Partnership

Statement of Comprehensive Income

Year ended 31 December 2025

	2025	2024
Note	£	£
Cost of sales	85,465	110,751
	--------	---------
Gross loss	( 85,465)	( 110,751)

Administrative expenses	3,990	20,902
Other operating income	343,050	352,197
	---------	---------
Operating profit	253,595	220,544

Other interest receivable and similar income	1,094	3,384
	---------	---------
Profit for the financial year before members' remuneration and profit shares available for discretionary division among members	254,689	223,928
	---------	---------

All the activities of the LLP are from continuing operations.

Boultbee Brooks (Thirsk Row) Limited Liability Partnership

Statement of Financial Position

31 December 2025

	2025	2024
Note	£	£

Current assets

Stocks		9,680,346	9,596,909
Debtors	4	193,226	238,751
Cash at bank and in hand		426,424	285,394
		-------------	-------------
		10,299,996	10,121,054

Creditors: amounts falling due within one year	5	528,268	354,007
		-------------	-------------
Net current assets		9,771,728	9,767,047
		------------	------------
Total assets less current liabilities		9,771,728	9,767,047
		------------	------------
Net assets		9,771,728	9,767,047
		------------	------------

Represented by:

Loans and other debts due to members

Other amounts	7	4,687	6

Members' other interests

Members' capital classified as equity	9,767,041	9,767,041
Other reserves	–	–
	------------	------------
	9,771,728	9,767,047
	------------	------------

Total members' interests

Amounts due from members		–	(6)
Loans and other debts due to members	7	4,687	6
Members' other interests		9,767,041	9,767,041
		------------	------------
		9,771,728	9,767,041
		------------	------------

These financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

For the year ending 31 December 2025 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) relating to small LLPs.

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 financial statements .

Boultbee Brooks (Thirsk Row) Limited Liability Partnership

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the members and authorised for issue on 14 September 2026 , and are signed on their behalf by:

L.Roberts director of designated member Boultbee Developments Limited

Registered number: OC423100

Boultbee Brooks (Thirsk Row) Limited Liability Partnership

Reconciliation of Members' Interests

Year ended 31 December 2025

	Members' other interests			Loans and other debts due to members less any amounts due from members in debtors		Total members' interests
	Members' capital (classified as equity)	Other reserves	Total	Other amounts	Total	Total 2025
	£	£	£	£	£	£
Balance at 1 January 2025	9,767,041	–	9,767,041	–	–	9,767,041
Profit for the financial year available for discretionary division among members		254,689	254,689			254,689
	------------	---------	-------------	----	----	-------------
Members' interests after profit for the year	9,767,041	254,689	10,021,730	–	–	10,021,730
Other division of profits		(254,689)	(254,689)	254,689	254,689	–
Drawings				(250,002)	(250,002)	(250,002)
Reclassifications	–	–	–	–	–	–
	------------	---------	-------------	---------	---------	-------------
Balance at 31 December 2025	9,767,041	–	9,767,041	4,687	4,687	9,771,728
	------------	---------	-------------	---------	---------	-------------

Boultbee Brooks (Thirsk Row) Limited Liability Partnership

Reconciliation of Members' Interests (continued)

Year ended 31 December 2025

	Members' other interests			Loans and other debts due to members less any amounts due from members in debtors		Total members' interests
	Members' capital (classified as equity)	Other reserves	Total	Other amounts	Total	Total 2024
	£	£	£	£	£	£
Amounts due to members				–	–
Amounts due from members				–	–
				----	----
Balance at 1 January 2024	9,896,686	(103,573)	9,793,113	–	–	9,793,113
Profit for the financial year available for discretionary division among members		223,928	223,928			223,928
	------------	---------	-------------	----	----	-------------
Members' interests after profit for the year	9,896,686	120,355	10,017,041	–	–	10,017,041
Other division of profits		(120,355)	(120,355)	120,355	120,355	–
Drawings				(250,000)	(250,000)	(250,000)
Reclassifications	(129,645)	–	(129,645)	129,645	129,645	–
				---------	---------
Amounts due to members				6	6
Amounts due from members				(6)	(6)
	------------	---------	-------------	---------	---------	-------------
Balance at 31 December 2024	9,767,041	–	9,767,041	–	–	9,767,041
	------------	---------	-------------	---------	---------	-------------

Boultbee Brooks (Thirsk Row) Limited Liability Partnership

Notes to the Financial Statements

Year ended 31 December 2025

1.	General information

The LLP is registered in England and Wales. The address of the registered office is Shell Store, Canary Drive, Rotherwas, Hereford, HR2 6SR.

2.	Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP 2021).

3.	Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

After the year end the property stock was sold. As soon as all assets have been realised and liabilities settled, the Limited Liability Partnership will be dissolved.

Members' participation rights

Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed, remuneration and profits).

Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with Section 22 of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships'. A member's participation right results in a liability unless the right to any payment is discretionary on the part of the LLP.

Amounts subscribed or otherwise contributed by members, for example members' capital, are classed as equity if the LLP has an unconditional right to refuse payment to members. If the LLP does not have such an unconditional right, such amounts are classified as liabilities.

Where profits are automatically divided as they arise, so the LLP does not have an unconditional right to refuse payment, the amounts arising that are due to members are in the nature of liabilities. They are therefore treated as an expense in the statement of comprehensive income in the relevant year. To the extent that they remain unpaid at the year end, they are shown as liabilities in the statement of financial position.

Boultbee Brooks (Thirsk Row) Limited Liability Partnership

Notes to the Financial Statements (continued)

Year ended 31 December 2025

3. Accounting policies (continued)

Members' participation rights (continued)

Conversely, where profits are divided only after a decision by the LLP or its representative, so that the LLP has an unconditional right to refuse payment, such profits are classed as an appropriation of equity rather than as an expense. They are therefore shown as a residual amount available for discretionary division among members in the statement of comprehensive income and are equity appropriations in the statement of financial position.

Other amounts applied to members, for example remuneration paid under an employment contract and interest on capital balances, are treated in the same way as all other divisions of profits, as described above, according to whether the LLP has, in each case, an unconditional right to refuse payment.

All amounts due to members that are classified as liabilities are presented in the statement of financial position within 'Loans and other debts due to members' and are charged to the statement of comprehensive income within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the statement of financial position within 'Members' other interests'.

Operating leases

Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

4.	Debtors

	2025	2024
	£	£
Trade debtors	80,204	4,972
Other debtors	113,022	233,779
	---------	---------
	193,226	238,751
	---------	---------

5. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	183,992	139,649
Social security and other taxes	55,305	9,937
Other creditors	288,971	204,421
	---------	---------
	528,268	354,007
	---------	---------

6.	Financial instruments

Financial assets and liabilities are accounted for on an amortised cost basis.

7.	Loans and other debts due to members

	2025	2024
	£	£
Amounts owed to members in respect of profits	4,687	6
	-------	----