ADAMS BUSINESS FINANCE LLP

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

T C Adams

G W Keay

Mrs M P Barrett Rogers

J M Hoggett

REGISTERED OFFICE:

Greendale Court

Clyst St Mary

Exeter

Devon

EX5 1AW

REGISTERED NUMBER:

OC347619 (England and Wales)

ACCOUNTANTS:

Barretts

Chartered Accountants &

Chartered Tax Advisers

22 Union Street

Newton Abbot

Devon

TQ12 2JS

FIXED ASSETS

Investments

4

44,165

31,630

CURRENT ASSETS

Debtors

5

238

-

Investments

6

16,749

8,641

Cash at bank

11,401,170

11,194,633

11,418,157

11,203,274

NET CURRENT ASSETS

11,418,157

11,203,274

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

11,462,322

11,234,904

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

11,462,322

11,234,904

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

11,462,322

11,234,904

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 year ended 31 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 and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 7 October 2026 and were signed by:

Mrs M P Barrett Rogers - Designated member

J M Hoggett - Designated member

1.	STATUTORY INFORMATION

Adams Business Finance 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.

Turnover

Turnover represents the interest due on loans and advances made on an accruals basis together with arrangement and commitment fees.

Loans and advances made to customers

Loans and advances to customers are held as fixed asset investments to the extent that capital is not repayable within 12 months of the balance sheet date. Capital repayable within twelve months of the balance sheet date is shown within current assets.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2025 - NIL).

4.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2026

2025

£

£

Advances made to customers

75,000

45,000

Advances repayable < 12 months

(16,749

)

(8,641

)

Repayments received

(14,086

)

(4,729

)

44,165

31,630

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

238

-

6.	CURRENT ASSET INVESTMENTS

2026

2025

£

£

Advances repayable < 12 months

16,749

8,641

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2026

2025

£

£

Amounts owed to members in respect of profits

11,462,322

11,234,904

Falling due within one year

11,462,322

11,234,904

The loans are unsecured. It is the members' intention to repay other creditors in priority to any repayment of their own loans.