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REGISTERED NUMBER: OC350856 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

GROVE MILLS (HAWKHURST) LLP

GROVE MILLS (HAWKHURST) LLP (REGISTERED NUMBER: OC350856)






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


GROVE MILLS (HAWKHURST) LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DESIGNATED MEMBERS: J Clark-Wilson
Head First (Hawkhurst) Ltd





REGISTERED OFFICE: Ground Floor
Oakhurst House
77 Mount Ephraim
Tunbridge Wells
Kent
TN4 8BS





REGISTERED NUMBER: OC350856 (England and Wales)





ACCOUNTANTS: Wells Associates
Ground Floor Oakhurst House
77 Mount Ephraim
Tunbridge Wells
Kent
TN4 8BS

GROVE MILLS (HAWKHURST) LLP (REGISTERED NUMBER: OC350856)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,139,688 824,181

CURRENT ASSETS
Cash at bank 32,383 24,850

CREDITORS
Amounts falling due within one year 5 (158,578 ) (2,194 )
NET CURRENT (LIABILITIES)/ASSETS (126,195 ) 22,656
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,013,493

846,837

CREDITORS
Amounts falling due after more than one
year

6

(40,108

)

-
NET ASSETS ATTRIBUTABLE TO
MEMBERS

973,385

846,837

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

390,636

264,088

MEMBERS' OTHER INTERESTS
Capital accounts 582,749 582,749
973,385 846,837

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 390,636 264,088
Members' other interests 582,749 582,749
973,385 846,837

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.

GROVE MILLS (HAWKHURST) LLP (REGISTERED NUMBER: OC350856)

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 28 January 2025 and were signed by:





J Clark-Wilson - Designated member

GROVE MILLS (HAWKHURST) LLP (REGISTERED NUMBER: OC350856)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Grove Mills (Hawkhurst) 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 represents gross rent receivable.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 April 2023 824,181
Additions 315,507
At 31 March 2024 1,139,688
NET BOOK VALUE
At 31 March 2024 1,139,688
At 31 March 2023 824,181

The freehold property has been revalued as at 31 December 2012 by the members of the LLP. The valuation is considered to be the current market value for the freehold property concerned taking into account the current rental status of the properties and the income arising.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 13,859 -
Other creditors 144,719 2,194
158,578 2,194

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 40,108 -

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 53,967 -

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.

GROVE MILLS (HAWKHURST) LLP (REGISTERED NUMBER: OC350856)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

9. RELATED PARTY DISCLOSURES

During the period under review the LLP was controlled by its designated members.

During the period under review the LLP rented their property to Head First (Assessment and Case Management) Ltd, a business controlled by the designated members. Rent of £62,500 was received from Head First (Assessment and Case Management) Ltd.