Junction 14 LLP

	Page
Balance Sheet	1—2
Reconciliation of Members' Interests	3—4
Notes to the Financial Statements	4—5

Registered number: OC402032

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		3,010,570		2,966,171

			3,010,570		2,966,171
CURRENT ASSETS
Debtors	5	52,576		141,705
Cash at bank and in hand		264,035		313,767

		316,611		455,472
Creditors: Amounts Falling Due Within One Year	6	(151,911 )		(196,495 )

NET CURRENT ASSETS (LIABILITIES)			164,700		258,977

TOTAL ASSETS LESS CURRENT LIABILITIES			3,175,270		3,225,148

Creditors: Amounts Falling Due After More Than One Year	7		(2,520,000 )		(2,930,000 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			655,270		295,148

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		478,584		118,462

			478,584		118,462

Equity
Members' other interests
Other reserves		176,686		176,686

			176,686		176,686

			655,270		295,148

...CONTINUED

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Junction 14 LLP

Balance Sheet (continued)

As At 31 March 2026

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year	478,584	118,462
Members' other interests	176,686	176,686

	655,270	295,148

For the year ending 31 March 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

Mr. Eamon O'Loughlin

Designated Member

24 September 2026

The notes on pages 4 to 5 form part of these financial statements.

	EQUITY	DEBT
	Members' other interests	Loans and other debts due to members less any amounts due from members in debtors
	Other Reserves	Other amounts	Total members' interest
	£	£	£
Balance at 1 April 2024	58,225	-	58,225
Profit/(loss) for the financial year available for discretionary division among members	236,923	-	236,923

Members' interests after profit/(loss) for the year	295,148	-	295,148
Other divisions of profits (losses)	(118,462)	118,462	-

Amounts due to members	-	118,462	-

As at 31 March 2025 and 1 April 2025	176,686	118,462	295,148


Members' remuneration charged as an expense, including employment and retirement benefit costs	-	-	-
Profit/(loss) for the financial year available for discretionary division among members	360,122	-	360,122

Members' interests after profit/(loss) for the year	536,808	118,462	655,270
Other divisions of profits (losses)	(360,122)	360,122	-

Amounts due to members	-	478,584	-

As at 31 March 2026	176,686	478,584	655,270

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Junction 14 LLP

Notes to the Financial Statements

For The Year Ended 31 March 2026

1. General Information

The members of the LLP have elected not to include a copy of the profit and loss account within the financial statements.

Junction 14 LLP is a limited liability partnership, incorporated in England & Wales, registered number OC402032 . The Registered Office is Quattro House, Acton Goods Yard, 305 Horn Lane, Acton, W3 0BP.

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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

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. 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: NIL (2025: NIL)

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Junction 14 LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Investment Property

	2026
	£
Fair Value
As at 1 April 2025	2,966,171
Additions	44,399

As at 31 March 2026	3,010,570

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	47,251	135,770
Other debtors	5,325	5,935

	52,576	141,705

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	4,559	58,364
Other creditors	129,536	135,788
Taxation and social security	17,816	2,343

	151,911	196,495

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Other creditors	2,520,000	2,930,000

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