IRIS Accounts Production v24.2.0.383 OC420405 designated member 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC4204052023-03-31OC4204052024-03-31OC4204052023-04-012024-03-31OC4204052022-03-31OC4204052022-04-012023-03-31OC4204052023-03-31OC420405ns15:EnglandWales2023-04-012024-03-31OC420405ns14:PoundSterling2023-04-012024-03-31OC420405ns10:PartnerLLP12023-04-012024-03-31OC420405ns10:LimitedLiabilityPartnershipLLP2023-04-012024-03-31OC420405ns10:SmallEntities2023-04-012024-03-31OC420405ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-31OC420405ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-31OC420405ns10:LimitedLiabilityPartnershipsSORP2023-04-012024-03-31OC420405ns10:FullAccounts2023-04-012024-03-31OC420405ns10:PartnerLLP22023-04-012024-03-31OC420405ns10:RegisteredOffice2023-04-012024-03-31OC420405ns5:CurrentFinancialInstruments2024-03-31OC420405ns5:CurrentFinancialInstruments2023-03-31OC420405ns5:Non-currentFinancialInstruments2024-03-31OC420405ns5:Non-currentFinancialInstruments2023-03-31OC420405ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2024-03-31OC420405ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-03-31
REGISTERED NUMBER: OC420405 (England and Wales)










Financial Statements

for the Year Ended 31 March 2024

for

HMRG Capital LLP

HMRG Capital LLP (Registered number: OC420405)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HMRG Capital LLP

General Information
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: R Khanna
P Khanna





REGISTERED OFFICE: Eshton Suite 2
Wynyard Business Park
Wynyard Avenue
Billingham
Cleveland
TS22 5TB





REGISTERED NUMBER: OC420405 (England and Wales)





ACCOUNTANTS: SKS Bailey Group Limited
Wynyard Business Park
Wynyard Avenue
Billingham
Cleveland
TS22 5TB

HMRG Capital LLP (Registered number: OC420405)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 100,589 100,589
Cash at bank 4,257 3,823
104,846 104,412
CREDITORS
Amounts falling due within one year 5 (8,316 ) (9,345 )
NET CURRENT ASSETS 96,530 95,067
TOTAL ASSETS LESS CURRENT
LIABILITIES

96,530

95,067

CREDITORS
Amounts falling due after more than one year 6 (28,141 ) (33,839 )
NET ASSETS ATTRIBUTABLE TO
MEMBERS

68,389

61,228

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

68,389

61,228

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 68,389 61,228

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 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.

HMRG Capital LLP (Registered number: OC420405)

Balance Sheet - continued
31 March 2024


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 23 October 2024 and were signed by:





R Khanna - Designated member

HMRG Capital LLP (Registered number: OC420405)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

HMRG Capital 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.

3. EMPLOYEE INFORMATION

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 100,589 100,589

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,116 5,975
Other creditors 1,295 2,530
Accrued expenses 905 840
8,316 9,345

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 28,141 33,839

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up.There is no provision for specific legally enforceable protection afforded to creditors in such an event.There are no restrictions or limitations on the ability of the members to reduce the amount of ‘Members’ other interests'.

8. RELATED PARTY DISCLOSURES

Included within other debtors are £70,000 (2023: £70,000) from M&S Capital LLP, an LLP controlled by the partners.