EDP DEVELOPMENTS LLP - Filleted accounts

Registered number

OC435845

EDP DEVELOPMENTS LLP

Filleted Accounts

31 March 2026

EDP DEVELOPMENTS LLP
Registered number:	OC435845
Balance Sheet
as at 31 March 2026
Notes	2026		2025
£		£
Fixed assets
Tangible assets	3,015,000		2,098,855
Current assets
Debtors	52,159		-
Cash at bank and in hand	12,450		235
	64,609		235

Creditors: amounts falling due within one year	(3,350)		(9,642)

Net current assets/(liabilities)	61,259		(9,407)

Total assets less current liabilities	3,076,259		2,089,448

Creditors: amounts falling due after more than one year	(2,220,000)		(1,656,110)


Net assets attributable to members	856,259		433,338

Represented by:
Loans and other debts due to members	195,482		639,656

Members' other interests
Revaluation reserve	916,145		-
Other reserves	(255,368)		(206,318)
	660,777		(206,318)

	856,259		433,338

Total members' interests
Loans and other debts due to members	195,482		639,656
Members' other interests	660,777		(206,318)

	856,259		433,338

For the year ended 31 March 2026 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to LLPs).
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.

These accounts were approved by the members on 13 October 2026 and signed on their behalf by:


Dawud Sandhu
Designated member

EDP DEVELOPMENTS LLP
Notes to the Accounts
for the year ended 31 March 2026

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Division of profits
	Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	18% reducing balance
	Fixtures, fittings, tools and equipment	18% reducing balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Members' capital
	Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the LLP		1		1




3	Other information

	EDP DEVELOPMENTS LLP is a limited liability partnership incorporated in England. Its registered office is:
	C/O. 18 Beehive Lane
	Ilford
	Essex
	IG1 3RD