Grange Park Homes LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC363423 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

GRANGE PARK HOMES LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mrs G A Ray

Mr D J M Ray

REGISTERED OFFICE:

Grange Farm

Gypsy Lane

Derby

DE72 3PB

REGISTERED NUMBER:

OC363423 (England and Wales)

ACCOUNTANTS:

SMH Howard Matthews Ltd

Lidgett House

56 Lidgett Lane

Garforth

Leeds

LS25 1LL

FIXED ASSETS

Tangible assets

3

160,210

693,366

CURRENT ASSETS

Stocks

10,000

121,498

Debtors

4

1,485,820

213,920

Cash at bank and in hand

7,029

12,212

1,502,849

347,630

CREDITORS

Amounts falling due within one year

5

597,573

704,927

NET CURRENT ASSETS/(LIABILITIES)

905,276

(357,297

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,065,486

336,069

CREDITORS

Amounts falling due after more than one
year

6

-

7,954

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,065,486

328,115

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

1,065,486

328,115

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

1,065,486

328,115

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 19 October 2026 and were signed by:

Mr D J M Ray - Designated member

1.	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 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.

Freehold property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2.	EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2025 - 1 ) .

3.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

COST

At 1 April 2025

929,428

32,501

45,313

1,007,242

Additions

-

65,456

Disposals

(838,625

)

-

(838,625

)

At 31 March 2026

90,803

32,501

110,769

234,073

DEPRECIATION

At 1 April 2025

263,149

17,943

32,784

313,876

Charge for year

(4,568

)

3,640

19,496

18,568

Eliminated on disposal

(258,581

)

-

(258,581

)

At 31 March 2026

-

21,583

52,280

73,863

NET BOOK VALUE

At 31 March 2026

90,803

10,918

58,489

160,210

At 31 March 2025

666,279

14,558

12,529

693,366

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

1,059

77,394

Other debtors

1,484,761

136,526

1,485,820

213,920

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

8,767

21,078

Hire purchase contracts

58,391

6,620

Trade creditors

158

29,067

VAT

235

9,953

Other creditors

528,292

636,594

Accruals and deferred income

1,730

1,615

597,573

704,927

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

Bank loans - 2-5 years

-

7,954

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Amounts due to members include members' capital classified as a liability and any undrawn profits that have been allocated to members. these amounts are unsecured and are repayable only after the settlement of all external creditors. No fixed date of repayment has been agreed. Repayment and distributions are made in accordance with the LLP agreement.