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REGISTERED NUMBER: OC422163 (England and Wales)










Unaudited Financial Statements

for the Period 30 June 2023 to 31 March 2024

for

HPBP LLP

HPBP LLP (Registered number: OC422163)






Contents of the Financial Statements
for the Period 30 June 2023 to 31 March 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HPBP LLP

General Information
for the Period 30 June 2023 to 31 March 2024







DESIGNATED MEMBERS: H Purewal
B K Purewal





REGISTERED OFFICE: 44 The Grove
Ickenham
UB10 8QL





REGISTERED NUMBER: OC422163 (England and Wales)





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

HPBP LLP (Registered number: OC422163)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,653,250 3,653,250

CURRENT ASSETS
Debtors 5 3,056 1,825
Cash at bank 2,870 3,207
5,926 5,032
CREDITORS
Amounts falling due within one year 6 (10,931 ) (5,189 )
NET CURRENT LIABILITIES (5,005 ) (157 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,648,245

3,653,093

CREDITORS
Amounts falling due after more than one year 7 (1,470,548 ) (1,473,914 )
NET ASSETS ATTRIBUTABLE TO
MEMBERS

2,177,697

2,179,179

LOANS AND OTHER DEBTS DUE TO
MEMBERS

10

2,177,697

2,179,179

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 10 2,177,697 2,179,179

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 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.

HPBP LLP (Registered number: OC422163)

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 27 November 2024 and were signed by:





H Purewal - Designated member

HPBP LLP (Registered number: OC422163)

Notes to the Financial Statements
for the Period 30 June 2023 to 31 March 2024

1. STATUTORY INFORMATION

HPBP 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 as modified by the revaluation of certain assets.

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.
Freehold property - Not Provided

3. EMPLOYEE INFORMATION

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

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST OR VALUATION
At 30 June 2023
and 31 March 2024 3,653,250
NET BOOK VALUE
At 31 March 2024 3,653,250
At 29 June 2023 3,653,250

Cost or valuation at 31 March 2024 is represented by:

Freehold
property
£   
Valuation in 2021 480,828
Valuation in 2022 168,000
Valuation in 2023 (66,250 )
Cost 3,070,672
3,653,250

HPBP LLP (Registered number: OC422163)

Notes to the Financial Statements - continued
for the Period 30 June 2023 to 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 3,056 1,825

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 8) 4,214 3,298
Other creditors 4,930 43
Accrued expenses 1,787 1,848
10,931 5,189

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 8) 3,467 6,848
Mortgage 1,467,081 1,467,066
1,470,548 1,473,914

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
BounceBackloan lessthan 1 year 4,214 3,298

Amounts falling due between one and two years:
Bounce Back loan more than 1 y 3,467 6,848

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Mortgages 1,467,080 1,467,066

Mortgages are secured on the properties to which they relate.

10. LOANS AND OTHER DEBTS DUE TO MEMBERS

Members rank ahead of creditors in the event of liquidation.