1.
General Information
Alan Day Investments LLP is a limited liability partnership, incorporated in England & Wales, registered number
OC352925
. The Registered Office is Croft Cottage, Roughwood Lane, Chalfont St. Giles, Buckinghamshire, England, HP8 4AA.
2.
Accounting Policies
2.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention as modified by the revaluation of certain assets 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 represents net rents excluding value added taxes. Rents are recognised up to the year end date.
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:
| Computer Equipment |
|
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.
3.
Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 3 (2025: 3)
4.
Tangible Assets
| Computer Equipment | |
|---|---|
| £ | |
| Cost | |
| As at 1 April 2025 |
|
| Additions |
|
| As at 31 March 2026 |
|
...CONTINUED
Alan Day Investments LLP
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
| Depreciation | |
| As at 1 April 2025 |
|
| Provided during the period |
|
| As at 31 March 2026 |
|
| Net Book Value | |
| As at 31 March 2026 |
|
| As at 1 April 2025 |
|
5.
Investment Property
| 2026 | |
|---|---|
| £ | |
| Fair Value | |
| As at 1 April 2025 and 31 March 2026 |
|
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
| 2026 | 2025 | ||
|---|---|---|---|
| £ | £ | ||
| Cost | 5,220,000 | 5,220,000 | |
Investment property was valued on an open market basis on 29 May 2020 by a professionally qualified valuer.
The members consider this valuation to be a fair reflection of the properties held by the LLP as at the Balance Sheet date.
6.
Debtors
| 2026 | 2025 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Other debtors | 146,210 | 126,397 | |
In the event of a winding up of the LLP, amounts classified as 'other debts due to members' would rank behind other non-secured creditors. There are no restrictions that exist on the ability of members to reduce the amounts classified as 'members' capital'.
Members have agreed not to take cash drawings where this would conflict with the adequacy of the working capital of the LLP.
Alan Day Investments LLP
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
7.
Creditors: Amounts Falling Due Within One Year
| 2026 | 2025 | ||
|---|---|---|---|
| £ | £ | ||
| Other creditors | 193,133 | 175,984 | |
| Taxation and social security |
|
|
|
|
|
|
||
8.
Members Accounts Summary Schedule- 31 March 2026
Capital Accounts Summary Schedule - 31 March 2026
|
Capital account
£
|
Fair
value
£
|
Totals
£
|
|
|
M J Day
|
2,610,000
|
1,272,500
|
3,882,500
|
|
A C Day
|
2,610,000
![1](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 2" preserveAspectRatio="none"> <line x1="0" y1="1" x2="80" y2="1" stroke="black" shape-rendering="crispEdges"/> </svg>){kind=small}
|
1,272,500
|
3,882,500
|
|
5,220,000
![1](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 5" preserveAspectRatio="none"> <line x1="0" y1="1" x2="80" y2="1" stroke="black" shape-rendering="crispEdges"/> <line x1="0" y1="4" x2="80" y2="4" stroke="black" shape-rendering="crispEdges"/> </svg>){kind=small}
|
2,545,000
|
7,765,000
|
Capital Account Schedule - 31 March 2026
|
M J Day
£
|
A C Day
£
|
Totals
£
|
|
|
At 1 April 2025
|
2,610,000
|
2,610,000
|
5,220,000
|
|
At 31 March 2026
|
2,610,000
|
2,610,000
|
5,220,000
|
Fair Value Reserve Schedule - 31 March 2026
|
M J Day
£
|
A C Day
£
|
Totals
£
|
|
|
At 1 April 2025
|
1,590,000
|
1,590,000
|
3,180,000
|
|
At 31 March 2026
|
1,590,000
|
1,590,000
|
3,180,000
|
...CONTINUED
Alan Day Investments LLP
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
Current Accounts Schedule - 31 March 2026
|
A E Day
£
|
M J Day
£
|
A C Day
£
|
Totals
£
|
|
|
At 1 April 2025
|
(108,437)
|
45,990
|
58,792
|
(3,655)
|
|
Share of profit
|
-
|
316,279
|
316,279
|
632,558
|
|
(108,437)
|
362,269
|
375,071
|
628,903
|
|
|
Less Drawings
|
-
|
387,976
|
387,976
|
775,952
|
|
Add Capital Introduced
|
-
|
(3,560)
|
-
|
(3,560)
|
|
At 31 March 2026
|
(108,437)
|
(22,147)
|
(12,905)
|
(143,489)
|