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REGISTERED NUMBER: OC304186 (England and Wales)

















Financial Statements

for the Year Ended 31 March 2024

for

The Supportive Housing LLP

The Supportive Housing LLP (Registered number: OC304186)






Contents of the Financial Statements
for the year ended 31 March 2024




Page

General Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


The Supportive Housing LLP

General Information
for the year ended 31 March 2024







DESIGNATED MEMBERS: E S Dugdale
Solid Investments Limited
J H Hoffman


REGISTERED OFFICE: 2nd Floor Regis House
45 King William Street
London
EC4R 9AN


REGISTERED NUMBER: OC304186 (England and Wales)


AUDITORS: WR Partners
Chartered Accountants and Statutory Auditor
Belmont House
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG


BANKERS: Bank of Scotland
St James' Gate
14-16 Cockspur Street
London
SW1Y 5BL

The Supportive Housing LLP (Registered number: OC304186)

Statement of Financial Position
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 10,482,245 10,482,245

CURRENT ASSETS
Cash at bank 52,824 62,830

CREDITORS
Amounts falling due within one year 5 299,791 6,234,821
NET CURRENT LIABILITIES (246,967 ) (6,171,991 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,235,278

4,310,254

CREDITORS
Amounts falling due after more than
one year

6

6,660,000

375,000
NET ASSETS ATTRIBUTABLE TO
MEMBERS

3,575,278

3,935,254

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

1,474,280

1,834,256

MEMBERS' OTHER INTERESTS
Capital accounts 2,100,998 2,100,998
3,575,278 3,935,254

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 1,474,280 1,834,256
Members' other interests 2,100,998 2,100,998
3,575,278 3,935,254

The Supportive Housing LLP (Registered number: OC304186)

Statement of Financial Position - 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 12 November 2024 and were signed by:




E S Dugdale - Designated member




J H Hoffman - Designated member


The Supportive Housing LLP (Registered number: OC304186)

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

The Supportive Housing 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
Revenue 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
All fixed assets are stated at cost less provision for any permanent diminution in value.

Financial instruments
The LLP has financial assets and financial liabilities of a kind that qualify as basic financial instruments.

Basic financial assets, including trade and other receivables and cash and bank balances are initially recognised at transaction price and subsequently carried at amortised cost with an assessment for objective evidence of impairment. Any impairment is recognised in profit and loss.

Basic financial liabilities including trade and other creditors are initially recognised at transaction price and subsequently carried at amortised cost.

3. EMPLOYEE INFORMATION

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

4. PROPERTY, PLANT AND EQUIPMENT
Land and
buildings
£   
COST
At 1 April 2023
and 31 March 2024 10,482,245
NET BOOK VALUE
At 31 March 2024 10,482,245
At 31 March 2023 10,482,245

The Supportive Housing LLP (Registered number: OC304186)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 5,997,271
Other creditors 299,791 237,550
299,791 6,234,821

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 6,660,000 375,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 6,660,000 375,000

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 6,660,000 6,372,271

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

All amounts due to members that are classified as liabilities are presented in the Statement of Financial Position within 'Loans and other debts due to members' and are charged to the Income Statement within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the Statement of Financial Position within 'Members' other interests'.

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

H Pierce FCA (Senior Statutory Auditor)
for and on behalf of WR Partners