Legacy Hill LLP

	Page
Abridged Balance Sheet	1—2
Reconciliation of Members' Interests	3—4
Notes to the Abridged Financial Statements	4

Registered number: OC435781

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		404		803
Investment Properties	5		2,145,000		2,145,000

			2,145,404		2,145,803
CURRENT ASSETS
Debtors		-		7,969
Cash at bank and in hand		46,545		46,000

		46,545		53,969
Creditors: Amounts Falling Due Within One Year		(10,827 )		(1,494 )

NET CURRENT ASSETS (LIABILITIES)			35,718		52,475

TOTAL ASSETS LESS CURRENT LIABILITIES			2,181,122		2,198,278

Creditors: Amounts Falling Due After More Than One Year			(538,234 )		(568,161 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			1,642,888		1,630,117

REPRESENTED BY:
Loans and other debts due to members
Members' capital classified as a liability		1,521,106		1,521,106
Other amounts		121,782		109,011

			1,642,888		1,630,117

			1,642,888		1,630,117

TOTAL MEMBERS' INTEREST
Amounts due from members			-		(3,324)
Loans and other debts due to members			1,642,888		1,630,117

			1,642,888		1,626,793

Page 1

Page 2

Legacy Hill LLP

Abridged Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

All of the LLP's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the members

Mrs B Hillier Designated Member	Mr T Hillier Designated Member
16/06/2025

The notes on page 4 form part of these financial statements.

	EQUITY	DEBT
	Members' other interests	Loans and other debts due to members less any amounts due from members in debtors
	Other Reserves	Members'Capital classified as Debt	Other amounts	Total Debts	Total members' interest
	£	£	£	£	£
Amounts due to members	-	1,521,106	80,344	1,601,450	-
Amounts due from members	-	-	(1,768)	(1,768)	-

Balance at 1 April 2023	-	1,521,106	78,576	1,599,682	1,599,682
Members' remuneration charged as an expense, including employment and retirement benefit costs	-	-	48,234	48,234	48,234
Profit/(loss) for the financial year available for discretionary division among members	-	-	-	-	-

Members' interests after profit/(loss) for the year	-	1,521,106	126,810	1,647,916	1,647,916
Drawings	-	-	(21,123)	(21,123)	(21,123)

Amounts due to members	-	1,521,106	109,011	1,630,117	-
Amounts due from members	-	-	(3,324)	(3,324)	-

As at 31 March 2024 and 1 April 2024	-	1,521,106	105,687	1,626,793	1,626,793


Members' remuneration charged as an expense, including employment and retirement benefit costs	-	-	42,704	42,704	42,704
Profit/(loss) for the financial year available for discretionary division among members	-	-	-	-	-

Members' interests after profit/(loss) for the year	-	1,521,106	148,391	1,669,497	1,669,497
Drawings	-	-	(26,609)	(26,609)	(26,609)

Amounts due to members	-	1,521,106	121,782	1,642,888	-

As at 31 March 2025	-	1,521,106	121,782	1,642,888	1,642,888

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Page 4

Legacy Hill LLP

Notes to the Abridged Financial Statements

For The Year Ended 31 March 2025

1. General Information

Legacy Hill LLP is a limited liability partnership, incorporated in England & Wales, registered number OC435781 . The Registered Office is Little Howe, Howe Drive, Hedingham Road, Halstead, Essex, CO9 2QL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

33% straight line.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 4 (2024: 4)

4. Tangible Assets

	Total
	£
Cost
As at 1 April 2024	1,199

As at 31 March 2025	1,199

Depreciation
As at 1 April 2024	396
Provided during the period	399

As at 31 March 2025	795

Net Book Value
As at 31 March 2025	404

As at 1 April 2024	803

5. Investment Property

	2025
	£
Fair Value
As at 1 April 2024 and 31 March 2025	2,145,000

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