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REGISTERED NUMBER: OC365071 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

THE HARFORD BUILDING LLP

THE HARFORD BUILDING LLP (REGISTERED NUMBER: OC365071)

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


THE HARFORD BUILDING LLP

General Information
for the year ended 31 March 2024







Designated members: P E Williams
A S Brockley
R V Woolstencroft





Registered office: 3rd Floor
Marlborough House
298 Regents Park Road
Finchley
London
N3 2SZ





Registered number: OC365071 (England and Wales)





Accountants: Duncan & Toplis Limited
3rd Floor, Marlborough House
298 Regents Park Road
Finchley
London
N3 2SZ

THE HARFORD BUILDING LLP (REGISTERED NUMBER: OC365071)

Balance Sheet
31 March 2024

2024 2023
Notes £ £ £ £
Assets

Fixed assets
Tangible assets 4 - -
Investment property 5 2,170,000 2,170,000
2,170,000 2,170,000

Current assets
Debtors 6 436,011 491,220
Cash at bank 35,679 51,941
471,690 543,161
2,641,690 2,713,161

Capital, reserves and liabilities

Loans and other debts due to members 7 476,654 554,873

Creditors 8 2,165,036 2,158,288
2,641,690 2,713,161

Total members' interests
Loans and other debts due to members 7 476,654 554,873

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.

THE HARFORD BUILDING LLP (REGISTERED NUMBER: OC365071)

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 29 January 2025 and were signed by:





P E Williams - Designated member

THE HARFORD BUILDING LLP (REGISTERED NUMBER: OC365071)

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


1. Statutory information

The Harford Building 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. Employee information

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

4. Tangible fixed assets
Plant and
machinery
etc
£
Cost
At 1 April 2023
and 31 March 2024 171,462
Depreciation
At 1 April 2023
and 31 March 2024 171,462
Net book value
At 31 March 2024 -

5. Investment property
Total
£
Fair value
At 1 April 2023
and 31 March 2024 2,170,000
Net book value
At 31 March 2024 2,170,000
At 31 March 2023 2,170,000

THE HARFORD BUILDING LLP (REGISTERED NUMBER: OC365071)

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


5. Investment property - continued

Fair value at 31 March 2024 is represented by:
£
Valuation in 2017 1,870,551
Valuation in 2021 (1,095,000 )
Cost 1,394,449
2,170,000

If investment properties had not been revalued they would have been included at the following historical cost:

2024 2023
£ £
Cost 1,394,449 1,394,449

Investment properties were valued on fair value basis on 12 March 2021 by Allsop LLP .

6. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors 33,000 33,000
Other debtors 403,011 458,220
436,011 491,220

7. Loans and other debts due to members

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

8. Creditors
2024 2023
£ £
Amounts falling due within one year:
Taxation and social security 13,120 11,275
Other creditors 16,916 12,013
30,036 23,288

Amounts falling due after more than one year:
Bank loans 2,135,000 2,135,000

Aggregate amounts 2,165,036 2,158,288

THE HARFORD BUILDING LLP (REGISTERED NUMBER: OC365071)

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


9. Secured debts

The following secured debts are included within creditors:

2024 2023
£ £
Bank loans 2,135,000 2,135,000

The bank loan is secured by way of a fixed and floating charge against the freehold land and buildings known as 420 to 430 Mile End Road and 1 to 13 Harford Street London, together with all associated fixtures.

10. Related party disclosures

At the balance sheet date, other debtors includes a balance of £130,384 (2023: £176,733) due from The Harford Building Residential LLP. P E Williams, A S Brockley and R V Woolstencroft are Designated Members of The Harford Building Residential LLP.

At the balance sheet date, other debtors includes a balance of £240,000 (2023: £243,000) due from Toby Lane LLP. P E Williams, A S Brockley and R V Woolstencroft are Designated Members of Toby Lane LLP.