REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 30 June 2023 to 31 March 2024 |
for |
HPBP LLP |
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
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 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 7 | ( |
) | ( |
) |
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 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 were approved by the members of the LLP and authorised for issue on |
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 |
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 |
Freehold property | - |
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 |
NET BOOK VALUE |
At 31 March 2024 |
At 29 June 2023 |
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 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans and overdrafts (see note 8) |
Other creditors |
Accrued expenses |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans (see note 8) |
Mortgage | 1,467,081 | 1,467,066 |
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. |