Richon Properties LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC354853 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2026

for

Richon Properties LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

RCNL Properties Ltd

R D Hayley

L B Hayley

N R Hayley

REGISTERED OFFICE:

c/o OCG Accountants Ltd

Biz Hub Tees Valley

Belasis Hall Technology Park

Billingham

TS23 4EA

REGISTERED NUMBER:

OC354853 (England and Wales)

ACCOUNTANTS:

OCG Accountants Ltd

Biz Hub Tees Valley

Belasis Hall Technology Park

Coxwold Way

Billingham

Co. Durham

TS23 4EA

FIXED ASSETS

Tangible assets

4

2,369,786

2,369,877

CURRENT ASSETS

Debtors

5

300

Cash at bank

14,797

34,899

15,097

35,199

CREDITORS

Amounts falling due within one year

6

(468,233

)

(466,791

)

NET CURRENT LIABILITIES

(453,136

)

(431,592

)

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,916,650

1,938,285

LOANS AND OTHER DEBTS DUE TO MEMBERS

-

MEMBERS' OTHER INTERESTS

Capital accounts

1,916,650

1,938,285

1,916,650

1,938,285

TOTAL MEMBERS' INTERESTS

Members' other interests

1,916,650

1,938,285

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 31st 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 17th October 2026 and were signed by:

R D Hayley - Designated member

1.	STATUTORY INFORMATION

Richon Properties 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 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.

Land and buildings

-

in accordance with the property

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST OR VALUATION

At 1st April 2025

and 31st March 2026

2,369,425

3,196

2,372,621

DEPRECIATION

At 1st April 2025

-

2,744

Charge for year

-

91

At 31st March 2026

-

2,835

NET BOOK VALUE

At 31st March 2026

2,369,425

361

2,369,786

At 31st March 2025

2,369,425

452

2,369,877

The members see no benefit in revaluing the assets.

Cost or valuation at 31st March 2026 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

Valuation in 2021

325,085

-

325,085

Valuation in 2022

150,500

-

150,500

Valuation in 2024

68,925

-

68,925

Cost

1,824,915

3,196

1,828,111

2,369,425

3,196

2,372,621

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Other debtors

300

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Other creditors

468,233

466,791