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REGISTERED NUMBER: OC359572 (England and Wales)










Unaudited Financial Statements for the Year Ended 30 November 2023

for

Hippo Homes LLP

Hippo Homes LLP (Registered number: OC359572)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hippo Homes LLP

General Information
for the Year Ended 30 November 2023







DESIGNATED MEMBERS: J G C Gater
Ms E M M Loudon





REGISTERED OFFICE: 4 Capricorn Centre
Cranes Farm Road
Basildon
Essex
SS14 3JJ





REGISTERED NUMBER: OC359572 (England and Wales)





ACCOUNTANTS: Robert Lewis Accountants
4 Capricorn Centre
Cranes Farm Road
Basildon
Essex
SS14 3JJ

Hippo Homes LLP (Registered number: OC359572)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 775,049 775,300

CURRENT ASSETS
Cash at bank 4,719 14,247

CREDITORS
Amounts falling due within one year 5 1,200 2,280
NET CURRENT ASSETS 3,519 11,967
TOTAL ASSETS LESS CURRENT
LIABILITIES

778,568

787,267

CREDITORS
Amounts falling due after more than one year 6 - 79,768
NET ASSETS ATTRIBUTABLE TO
MEMBERS

778,568

707,499

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

571,710

500,641

MEMBERS' OTHER INTERESTS
Revaluation reserve 8 87,194 87,194
Other reserves 54,367 54,367
Members' capital 65,297 65,297
778,568 707,499

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 571,710 500,641
Members' other interests 206,858 206,858
778,568 707,499

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 30 November 2023.

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.

Hippo Homes LLP (Registered number: OC359572)

Balance Sheet - continued
30 November 2023


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 2 August 2024 and were signed by:




J G C Gater - Designated member




Ms E M M Loudon - Designated member


Hippo Homes LLP (Registered number: OC359572)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Hippo Homes 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.

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 (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2022
and 30 November 2023 774,296 40,290 814,586
DEPRECIATION
At 1 December 2022 - 39,286 39,286
Charge for year - 251 251
At 30 November 2023 - 39,537 39,537
NET BOOK VALUE
At 30 November 2023 774,296 753 775,049
At 30 November 2022 774,296 1,004 775,300

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other creditors 1,200 2,280

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans - 79,768

Hippo Homes LLP (Registered number: OC359572)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

.

8. RESERVES
Revaluation
reserve
£   
At 1 December 2022
and 30 November 2023 87,194