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REGISTERED NUMBER: OC442461 (England and Wales)










Unaudited Financial Statements

for the Period 1 June 2023 to 31 March 2024

for

Hoofer & Mortar Holdings LLP

Hoofer & Mortar Holdings LLP (Registered number: OC442461)






Contents of the Financial Statements
for the Period 1 June 2023 to 31 March 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hoofer & Mortar Holdings LLP

General Information
for the Period 1 June 2023 to 31 March 2024







DESIGNATED MEMBERS: R S Ham
R Ham Holdings Limited





REGISTERED OFFICE: 46 Coatham Road
Redcar
TS10 1RS





REGISTERED NUMBER: OC442461 (England and Wales)





ACCOUNTANTS: SKS Bailey Group Limited
Oaklea House
46 Coatham Road
Redcar
TS10 1RS

Hoofer & Mortar Holdings LLP (Registered number: OC442461)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,299 2,774
Investment property 5 728,000 725,000
730,299 727,774

CURRENT ASSETS
Debtors 6 8,050 4,550
Cash at bank 10,102 1,352
18,152 5,902
CREDITORS
Amounts falling due within one year 7 (4,093 ) (1,805 )
NET CURRENT ASSETS 14,059 4,097
TOTAL ASSETS LESS CURRENT
LIABILITIES

744,358

731,871

CREDITORS
Amounts falling due after more than one year 8 (330,277 ) (329,939 )
NET ASSETS ATTRIBUTABLE TO
MEMBERS

414,081

401,932

LOANS AND OTHER DEBTS DUE TO
MEMBERS

10

414,081

401,932

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 10 414,081 401,932

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.

Hoofer & Mortar Holdings LLP (Registered number: OC442461)

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 25 March 2025 and were signed by:





R S Ham - Designated member

Hoofer & Mortar Holdings LLP (Registered number: OC442461)

Notes to the Financial Statements
for the Period 1 June 2023 to 31 March 2024

1. STATUTORY INFORMATION

Hoofer & Mortar Holdings 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.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 20% on reducing balance

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.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEE INFORMATION

The average number of employees during the period was 2 (2023 - 2 ) .

Hoofer & Mortar Holdings LLP (Registered number: OC442461)

Notes to the Financial Statements - continued
for the Period 1 June 2023 to 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 June 2023
and 31 March 2024 380 2,800 3,180
DEPRECIATION
At 1 June 2023 79 327 406
Charge for period 63 412 475
At 31 March 2024 142 739 881
NET BOOK VALUE
At 31 March 2024 238 2,061 2,299
At 31 May 2023 301 2,473 2,774

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023 725,000
Revaluations 3,000
At 31 March 2024 728,000
NET BOOK VALUE
At 31 March 2024 728,000
At 31 May 2023 725,000

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2024 3,000
Cost 725,000
728,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 8,050 4,550

Hoofer & Mortar Holdings LLP (Registered number: OC442461)

Notes to the Financial Statements - continued
for the Period 1 June 2023 to 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Social security and other taxes 1,035 305
Other creditors 1,539 -
Pension liability 169 -
Accrued expenses 1,350 1,500
4,093 1,805

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 8,185 11,494
Bank loans more 5 yrs non-inst 322,092 318,445
330,277 329,939

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 322,092 318,445

Repayable by instalments
Bank loans 8,185 11,494

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Mortgage 322,092 318,445

10. LOANS AND OTHER DEBTS DUE TO MEMBERS
2024 2023
£    £   
Amounts owed to members in respect of profits 414,081 401,932

Falling due within one year 414,081 401,932

Members rank ahead of other creditors in a liquidation.