REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 6 April 2023 to 30 April 2024 |
for |
Hother Associates LLP |
REGISTERED NUMBER: |
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: |
Registered office: |
Registered number: |
Accountants: |
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 |
Current assets |
Debtors | 5 |
Cash at bank |
Creditors |
Amounts falling due within one year | 6 |
Net current assets |
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 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. |
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 |
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 |
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 |
Plant and machinery etc | - |
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 |
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 |
Disposals | ( |
) |
At 30 April 2024 |
Depreciation |
At 6 April 2023 |
Charge for period |
Eliminated on disposal | ( |
) |
At 30 April 2024 |
Net book value |
At 30 April 2024 |
At 5 April 2023 |
5. | Debtors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Trade debtors |
Other debtors |
6. | Creditors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors |
7. | Leasing agreements |
Minimum lease payments under non-cancellable operating leases fall due as follows: |
2024 | 2023 |
£ | £ |
Within one year |
Between one and five years |
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. |