REGISTERED NUMBER: OC414796 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

LONDON DAVIS PARTNERSHIP LLP

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

3,807,635

6,037,684

CURRENT ASSETS

Cash at bank

1,196

5,652

CREDITORS

Amounts falling due within one year

5

2,340

-

NET CURRENT (LIABILITIES)/ASSETS

(1,144

)

5,652

TOTAL ASSETS LESS CURRENT LIABILITIES

3,806,491

6,043,336

CREDITORS

Amounts falling due after more than one year

6

1,293,376

1,575,177

NET ASSETS ATTRIBUTABLE TO MEMBERS

2,513,115

4,468,159

LOANS AND OTHER DEBTS DUE TO MEMBERS

-

-

MEMBERS' OTHER INTERESTS

Capital accounts

2,513,115

4,468,159

2,513,115

4,468,159

TOTAL MEMBERS' INTERESTS

Members' other interests

2,513,115

4,468,159

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 16 October 2026 and were signed by:

Mr D K Davis - Designated member

1.	STATUTORY INFORMATION

London Davis Partnership LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number:

OC414796

Registered office:

Unit 2.02 High Weald House

Glovers End

Bexhill

East Sussex

TN39 5ES

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 as modified by the revaluation of certain assets.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

Cost or valuation

At 1 April 2025

6,037,684

Disposals

(1,164,467

)

Revaluations

(1,065,582

)

At 31 March 2026

3,807,635

Net book value

At 31 March 2026

3,807,635

At 31 March 2025

6,037,684

Cost or valuation at 31 March 2026 is represented by:

Freehold

property

£

Valuation in 2018

(28,087

)

Valuation in 2019

(35,000

)

Valuation in 2020

63,542

Valuation in 2021

1,365,550

Valuation in 2022

234,500

Valuation in 2023

348,841

Valuation in 2024

65,000

Valuation in 2025

(681,000

)

Valuation in 2026

(1,065,582

)

Cost

3,539,871

3,807,635

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other creditors

2,340

-

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

1,293,376

1,575,177

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,293,376

1,575,177