Abbey Eng LLP

	Page
LLP Information	1
Accountant's Report	2
Balance Sheet	3—4
Notes to the Financial Statements	5—11

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Abbey Eng LLP

Accountant's Report

For The Year Ended 29 September 2025

Accountant's Report

Chartered Accountant's report to the partners on the preparation of the unaudited statutory accounts of Abbey Eng LLP for the year ended 29 September 2025

In order to assist you to fulfil your duties under 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, I have prepared for your approval the accounts of Abbey Eng LLP for the year ended 29 September 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records and from information and explanations you have given to us.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the partners of Abbey Eng LLP, as a body, in accordance with the terms of our engagement letter dated 27 August 2026. Our work has been undertaken solely to prepare for your approval the accounts of Abbey Eng LLP and state those matters that we have agreed to state to the partners of Abbey Eng LLP, as a body, in this report in accordance with AAF 2/10 as detailed at ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Abbey Eng LLP and its partners, as a body, for our work or for this report.

It is your duty to ensure that Abbey Eng LLP has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Abbey Eng LLP. You consider that Abbey Eng LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of Abbey Eng LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

ERC Accountants and Business Advisers Ltd

24 September 2026

ERC Accountants & Business Advisers Limited

Chartered Accountants

Hanover Buildings

11-13 Hanover Street

Liverpool

Merseyside

L1 3DN

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Abbey Eng LLP

Balance Sheet

As At 29 September 2025

Balance Sheet

Registered number: OC338176

		2025		2024 as restated
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,286,765		3,078,426

			3,286,765		3,078,426
CURRENT ASSETS
Debtors	5	912,651		1,374,168
Cash at bank and in hand		23,938		13,340

		936,589		1,387,508
Creditors: Amounts Falling Due Within One Year	6	(1,749,698 )		(1,702,340 )

NET CURRENT ASSETS (LIABILITIES)			(813,109 )		(314,832 )

TOTAL ASSETS LESS CURRENT LIABILITIES			2,473,656		2,763,594

Creditors: Amounts Falling Due After More Than One Year	7		(1,043,418 )		(608,375 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			1,430,238		2,155,219

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		72,265		67,359

			72,265		67,359

Equity
Members' other interests
Members' capital		997,530		1,727,417
Revaluation reserve		546,000		546,000
Other reserves		(185,557)		(185,557)

			1,357,973		2,087,860

			1,430,238		2,155,219

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			72,265		67,359
Members' other interests			1,357,973		2,087,860

			1,430,238		2,155,219

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Abbey Eng LLP

Balance Sheet (continued)

As At 29 September 2025

For the year ending 29 September 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 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 C P Jones

Designated Member

24 September 2026

The notes on pages 5 to 11 form part of these financial statements.

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Abbey Eng LLP

Notes to the Financial Statements

For The Year Ended 29 September 2025

Notes to the Financial Statements

1. General Information

Abbey Eng LLP is a limited liability partnership, incorporated in England & Wales, registered number OC338176 . The Registered Office is Hanover Buildings , 11-13 Hanover Street, Liverpool, Merseyside , L1 3DN.

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

The turnover shown in the profit and loss account represents amounts invoiced during the year exclusive of Value Added Tax and trade discounts, together with provisions in respect of services provided under contract. Contract revenue is recognised as contractual activity progresses.

2.3. Tangible Fixed Assets and Depreciation

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in

equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold	Nil
Leasehold	125 years straight line
Plant & Machinery	5% Reducing balance
Motor Vehicles	5% Reducing balance
Fixtures & Fittings	5% Reducing balance
Computer Equipment	5% Reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.

Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

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Abbey Eng LLP

Notes to the Financial Statements (continued)

For The Year Ended 29 September 2025

2.5. Financial Instruments

A financial asset or a financial liability is recognised only when the LLP 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.

Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

2.6. Pensions

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

2.7. Government Grant

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the LLP will comply with the conditions attaching to them and the grants will be received.

Government grants are recognised using the accrual model and the performance model.

Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the LLP recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable.

Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of the asset.

Under the performance model, where the grant does not impose specified future performance related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

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Abbey Eng LLP

Notes to the Financial Statements (continued)

For The Year Ended 29 September 2025

2.8. 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.

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'.

2.9. Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the LLP are assigned to those units.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 31 (2024: 21)

4. Tangible Assets

	Land & Property
	Freehold	Leasehold	Plant & Machinery	Motor Vehicles
	£	£	£	£
Cost
As at 1 October 2024	250,000	550,000	2,790,571	311,010
Additions	-	139,068	198,910	-

As at 29 September 2025	250,000	689,068	2,989,481	311,010

...CONTINUED

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Abbey Eng LLP

Notes to the Financial Statements (continued)

For The Year Ended 29 September 2025

Depreciation
As at 1 October 2024	-	5,200	819,206	94,030
Provided during the period	-	5,513	108,513	10,849

As at 29 September 2025	-	10,713	927,719	104,879

Net Book Value
As at 29 September 2025	250,000	678,355	2,061,762	206,131

As at 1 October 2024	250,000	544,800	1,971,365	216,980


	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 October 2024	79,450	25,574	4,006,605
Additions	-	-	337,978

As at 29 September 2025	79,450	25,574	4,344,583

Depreciation
As at 1 October 2024	7,249	2,494	928,179
Provided during the period	3,610	1,154	129,639

As at 29 September 2025	10,859	3,648	1,057,818

Net Book Value
As at 29 September 2025	68,591	21,926	3,286,765

As at 1 October 2024	72,201	23,080	3,078,426

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2025	2024 as restated
	£	£
Plant & Machinery	1,217,724	1,137,947
Fixtures & Fittings	59,159	62,273
Motor Vehicles	163,806	172,427
Computer Equipment	16,546	17,417

	1,457,235	1,390,064

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Abbey Eng LLP

Notes to the Financial Statements (continued)

For The Year Ended 29 September 2025

Cost or valuation as at 29 September 2025 represented by:

	Land & Property
	Freehold	Leasehold	Plant & Machinery	Motor Vehicles
	£	£	£	£
At cost	154,000	239,068	2,989,481	311,010
At valuation	96,000	450,000	-	-

	250,000	689,068	2,989,481	311,010


	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
At cost	79,450	25,574	3,798,583
At valuation	-	-	546,000

	79,450	25,574	4,344,583

The properties were revalued on 30 September 2023 by the members. The members believe this value to still be a true representation of the fair value of the properties as at 30 September 2025.

5. Debtors

	2025	2024 as restated
	£	£
Due within one year
Trade debtors	1,326	472,262
Prepayments and accrued income	71	167,751
SBI Ltd	420,000	420,000
Other debtors.	455,490	191,866
VAT	35,764	122,289

	912,651	1,374,168

6. Creditors: Amounts Falling Due Within One Year

	2025	2024 as restated
	£	£
Net obligations under finance lease and hire purchase contracts	131,033	101,614
Trade creditors	86,043	333,156
Bank loans and overdrafts	35,158	28,284
Other taxes and social security	51,292	22,344
Other creditors	1,329,381	759,198
MSIF grants	80,264	91,731
Accruals and deferred income	36,527	366,013

	1,749,698	1,702,340

Outstanding charges created on 07.08.2020, 04.11.22 and 12.08.25 are held over the company's assets to which they relate.

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Abbey Eng LLP

Notes to the Financial Statements (continued)

For The Year Ended 29 September 2025

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

	2025	2024 as restated
	£	£
Net obligations under finance lease and hire purchase contracts	238,210	245,588
Bank loans	805,208	362,787

	1,043,418	608,375

Outstanding charges created on 07.08.2020, 04.11.22 and 12.08.25 are held over the company's assets to which they relate.

Of the creditors falling due after more than one year the following amounts are due after more than five years.

	2025		2024 as restated
	£		£
Bank loans	695,957		282,659

8. Secured Creditors

Of the creditors the following amounts are secured.

	2025		2024 as restated
	£		£
Bank loans and overdrafts	832,521		373,734

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024 as restated
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	131,033	101,614
Later than one year and not later than five years	238,210	245,588

	369,243	347,202

	369,243	347,202

10. Related Party Transactions

The following related party transactions were undertaken during the year:

The company entered into transactions during the year with companies under common control of the members.

During the year, the company made payments on behalf of and received payments on behalf of related entities in the normal course of business. No guarantees were given or received in respect of these balances.

At the balance sheet date, amounts due from related parties totalled £257,954 (2024: £nil) and amounts due to related parties totalled £1,263,397 (2024: £736,041).

The balances are unsecured, interest-free and repayable on demand unless otherwise stated.

The related party balances are with the following entities:

Abbey Group International

Abbey Group Industrial Limited

Abbey Group Defence Limited

North Wales Eco Lodges Limited

Gradan Care Limited

Gradan Homes Limited

...CONTINUED

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Abbey Eng LLP

Notes to the Financial Statements (continued)

For The Year Ended 29 September 2025

10. Related Party Transactions - continued

Gradan Developments Limited

Gradan Homes Investment Limited

During the period members introduced capital of £nil (2024: £1,129,119) , withdrew amounts of £729,887 (2024: £348,193). At the balance sheet date the amounts owed to members totalled £1,430,238 (2024: £2,155,219).

No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial

Reporting Standard applicable in the UK and Republic of Ireland'.

11. Prior period adjustment

Prior period errors have been identified in respect of the assets incorrectly classified as leased assets, which were in fact acquired under hire purchase agreements. The correction of these errors has resulted in an increase in profit of £12,724 for the prior year. The comparative figures have been restated accordingly. The restatement has also resulted in adjustments to tangible fixed assets and liabilities relating to hire purchase agreements, with the corresponding adjustment reflected in retained profits.

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Designated Members	Mrs E L Jones
	Mr C P Jones

LLP Registration Number	OC338176

Registered Office	Hanover Buildings
	11-13 Hanover Street
	Liverpool
	Merseyside
	L1 3DN

Accountants	ERC Accountants & Business Advisers Limited
	Chartered Accountants
	Hanover Buildings
	11-13 Hanover Street
	Liverpool
	Merseyside
	L1 3DN