IRIS Accounts Production v24.3.0.553 OC312159 designated member 6.4.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC3121592023-04-05OC3121592024-04-30OC3121592023-04-062024-04-30OC3121592022-04-05OC3121592022-04-062023-04-05OC3121592023-04-05OC312159ns15:EnglandWales2023-04-062024-04-30OC312159ns14:PoundSterling2023-04-062024-04-30OC312159ns10:PartnerLLP12023-04-062024-04-30OC312159ns10:LimitedLiabilityPartnershipLLP2023-04-062024-04-30OC312159ns10:SmallEntities2023-04-062024-04-30OC312159ns10:AuditExempt-NoAccountantsReport2023-04-062024-04-30OC312159ns10:SmallCompaniesRegimeForAccounts2023-04-062024-04-30OC312159ns10:LimitedLiabilityPartnershipsSORP2023-04-062024-04-30OC312159ns10:FullAccounts2023-04-062024-04-30OC312159ns10:PartnerLLP22023-04-062024-04-30OC312159ns10:RegisteredOffice2023-04-062024-04-30OC312159ns5:CurrentFinancialInstruments2024-04-30OC312159ns5:CurrentFinancialInstruments2023-04-05OC312159ns5:PlantMachinery2023-04-062024-04-30OC312159ns5:PlantMachinery2023-04-05OC312159ns5:PlantMachinery2024-04-30OC312159ns5:PlantMachinery2023-04-05OC312159ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-30OC312159ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-05OC312159ns5:WithinOneYear2024-04-30OC312159ns5:WithinOneYear2023-04-05OC312159ns5:BetweenOneFiveYears2024-04-30OC312159ns5:BetweenOneFiveYears2023-04-05OC312159ns5:AllPeriods2024-04-30OC312159ns5:AllPeriods2023-04-05
REGISTERED NUMBER: OC312159 (England and Wales)















Unaudited Financial Statements

for the Period 6 April 2023 to 30 April 2024

for

Hother Associates LLP

Hother Associates LLP (Registered number: OC312159)

Contents of the Financial Statements
for the period 6 April 2023 to 30 April 2024










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Hother Associates LLP

General Information
for the period 6 April 2023 to 30 April 2024







Designated members: MIMASE Limited
MEA Hother Limited





Registered office: Oak House
Tanshire Park
Elstead
Godaliming
Surrey
GU8 6LB





Registered number: OC312159 (England and Wales)





Accountants: Cooper Parry Advisory Limited
250 Fowler Avenue
Farnborough
Hampshire
GU14 7JP

Hother Associates LLP (Registered number: OC312159)

Balance Sheet
30 April 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 4 1,471 2,034

Current assets
Debtors 5 85,680 91,074
Cash at bank 81,321 127,366
167,001 218,440
Creditors
Amounts falling due within one year 6 48,453 105,955
Net current assets 118,548 112,485
Total assets less current liabilities
and
Net assets attributable to members 120,019 114,519

Loans and other debts due to members 8 120,019 114,519

Total members' interests
Loans and other debts due to members 8 120,019 114,519

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 period ended 30 April 2024.

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 14 October 2024 and were signed by:





MEA Hother Limited - Designated member

Hother Associates LLP (Registered number: OC312159)

Notes to the Financial Statements
for the period 6 April 2023 to 30 April 2024


1. Statutory information

Hother Associates 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.

The financial statements are prepared in sterling, which is the functional currency of the limited liability partnership. Monetary a mounts in these financial statements are rounded to the nearest pound.

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.
Plant and machinery etc - 25% on cost

Financial instruments
The limited liability partnership has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the limited liability partnership's statement of financial position when the limited liability partnership becomes party to the contractual provisions of the instrument.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.
Impairment of financial assets
Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Basic financial liabilities
Basic financial liabilities, including creditors, and loans from fellow entities are recognised at transaction price. Financial liabilities classified as payable within one year are not amortised. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities
Financial liabilities are derecognised when the limited liability partnership's obligations expire or are discharged or cancelled.

Equity instruments
Equity instruments issued by the limited liability partnership are recorded at the proceeds received, net of direct issue costs.

3. Employee information

The average number of employees during the period was 2 (2023 - 2 ) .

Hother Associates LLP (Registered number: OC312159)

Notes to the Financial Statements - continued
for the period 6 April 2023 to 30 April 2024


4. Tangible fixed assets
Plant and
machinery
etc
£
Cost
At 6 April 2023 51,683
Disposals (49,606 )
At 30 April 2024 2,077
Depreciation
At 6 April 2023 49,649
Charge for period 563
Eliminated on disposal (49,606 )
At 30 April 2024 606
Net book value
At 30 April 2024 1,471
At 5 April 2023 2,034

5. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors 85,680 89,603
Other debtors - 1,471
85,680 91,074

6. Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 22,152 47,484
Amounts owed to group undertakings 1,467 -
Taxation and social security 21,234 24,748
Other creditors 3,600 33,723
48,453 105,955

7. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£ £
Within one year 748 -
Between one and five years 2,183 -
2,931 -

8. Loans and other debts due to members

In the event of winding up the amounts included in ''Loans and other debts due to members'' will rank equally with unsecured creditors.