REGISTERED NUMBER: OC378244 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

WESTFIELD HOUSE RENTALS LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

A C Wills

N D Wills

REGISTERED OFFICE:

Westfield House

Goudhurst Road

Marden

Kent

TN12 9NW

REGISTERED NUMBER:

OC378244 (England and Wales)

ACCOUNTANTS:

Friend & Grant Ltd t/a Xeinadin

Bryant House

Bryant Road

Strood

Rochester

Kent

ME2 3EW

FIXED ASSETS

Tangible assets

4

12,368

16,361

Investment property

5

4,629,973

4,615,000

4,642,341

4,631,361

CURRENT ASSETS

Debtors

6

22,460

20,201

Prepayments and accrued income

1,573

1,359

Cash at bank

100

253

24,133

21,813

CREDITORS

Amounts falling due within one year

7

2,482

1,499

NET CURRENT ASSETS

21,651

20,314

TOTAL ASSETS LESS CURRENT LIABILITIES

4,663,992

4,651,675

ACCRUALS AND DEFERRED INCOME

12,686

15,016

NET ASSETS ATTRIBUTABLE TO MEMBERS

4,651,306

4,636,659

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

3,198,953

3,195,306

MEMBERS' OTHER INTERESTS

Fair value reserve

9

1,452,353

1,441,353

4,651,306

4,636,659

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

3,198,953

3,195,306

Members' other interests

1,452,353

1,441,353

4,651,306

4,636,659

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 22 October 2026 and were signed by:

A C Wills - Designated member

N D Wills - Designated member

1.	STATUTORY INFORMATION

Westfield House Rentals LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The financial statements have been compiled on a basis which enables profits to be calculated in accordance with generally accepted accounting practice and which provides sufficient and relevant information to enable the completion of a tax return.

Turnover

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.The policies adopted for the recognition of turnover are as following:

- Rents receivable

Turnover represents rents receivable.

- Rendering of services

Turnover is usually recognised on the basis of the period of occupancy of each property.

- Interest receivable

Interest income is recognised using the effective interest method.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Tangible fixed assets other than freehold property are stated at cost less depreciation. No depreciation has been charged in respect of freehold investment properties as the members consider their cost to be equivalent to their open market value on an existing use basis.

Investment property

Investment property is included at fair value. Valuations are carried out annually by the partners based on:

- how the market could be expected to price the asset

- measuring the risk return factors inherent in the asset

Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold. No depreciation is provided in respect of investment properties.

Hire purchase and leasing commitments

Assets held under finance lease and hire purchase contracts are capitalised in the balance sheet and depreciated over their expected useful lives. The interest element of the leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease.

All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2025

13,351

7,361

88,450

109,162

Additions

-

130

-

130

At 31 March 2026

13,351

7,491

88,450

109,292

DEPRECIATION

At 1 April 2025

10,058

5,853

76,890

92,801

Charge for year

823

410

2,890

4,123

At 31 March 2026

10,881

6,263

79,780

96,924

NET BOOK VALUE

At 31 March 2026

2,470

1,228

8,670

12,368

At 31 March 2025

3,293

1,508

11,560

16,361

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

4,615,000

Additions

3,973

Revaluations

11,000

At 31 March 2026

4,629,973

NET BOOK VALUE

At 31 March 2026

4,629,973

At 31 March 2025

4,615,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2026

1,448,380

Cost

3,181,593

4,629,973

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

22,460

20,201

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

1,894

709

Taxation and social security

588

610

Other creditors

-

180

2,482

1,499

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.

9.

RESERVES

Fair

value

reserve

£

At 1 April 2025

1,441,353

Revaluation in the year

11,000

At 31 March 2026

1,452,353