| REGISTERED NUMBER: |
| REPORT OF THE MEMBERS AND |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| FOR |
| HENWICK PROPERTIES LLP |
| REGISTERED NUMBER: |
| REPORT OF THE MEMBERS AND |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| FOR |
| HENWICK PROPERTIES LLP |
| HENWICK PROPERTIES LLP (REGISTERED NUMBER: OC450505) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the year ended 31 MARCH 2025 |
| Page |
| General Information | 1 |
| Report of the Members | 2 |
| Income Statement | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 6 |
| HENWICK PROPERTIES LLP |
| GENERAL INFORMATION |
| for the year ended 31 MARCH 2025 |
| DESIGNATED MEMBERS: |
| N Kaxe |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 1 High Street |
| Thatcham |
| Berks |
| RG19 3JG |
| HENWICK PROPERTIES LLP (REGISTERED NUMBER: OC450505) |
| REPORT OF THE MEMBERS |
| for the year ended 31 MARCH 2025 |
| The members present their report with the financial statements of the LLP for the year ended 31 March 2025. |
| PRINCIPAL ACTIVITY |
| The principal activity of the LLP in the year under review was that of residential and commercial property sales and lettings. |
| DESIGNATED MEMBERS |
| The designated members during the year under review were: |
| N Kaxe |
| RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS |
| The profit for the year before members' remuneration and profit shares was £309,233 (2024 - £62,346 profit). |
| MEMBERS' INTERESTS |
| The policies for members' drawings, subscriptions and repayment of members' capital are governed by the Limited Liability Partnership Agreement. |
| ON BEHALF OF THE MEMBERS: |
| HENWICK PROPERTIES LLP (REGISTERED NUMBER: OC450505) |
| INCOME STATEMENT |
| for the year ended 31 MARCH 2025 |
| Period |
| 5.1.24 |
| Year Ended | to |
| 31.3.25 | 31.3.24 |
| Notes | £ | £ |
| TURNOVER |
| Administrative expenses |
| OPERATING PROFIT | 4 |
| Interest receivable and similar income |
| 312,053 | 62,839 |
| Interest payable and similar expenses |
| PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS |
| HENWICK PROPERTIES LLP (REGISTERED NUMBER: OC450505) |
| BALANCE SHEET |
| 31 MARCH 2025 |
| 31.3.25 | 31.3.24 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 5 |
| Tangible assets | 6 |
| CURRENT ASSETS |
| Debtors | 7 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
9 |
| NET ASSETS ATTRIBUTABLE TO MEMBERS |
192,279 |
47,796 |
| LOANS AND OTHER DEBTS DUE TO MEMBERS |
10 |
192,279 |
47,796 |
| TOTAL MEMBERS' INTERESTS |
| Loans and other debts due to members | 10 | 192,279 | 47,796 |
| 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. |
| HENWICK PROPERTIES LLP (REGISTERED NUMBER: OC450505) |
| BALANCE SHEET - continued |
| 31 MARCH 2025 |
| The financial statements were approved by the members of the LLP and authorised for issue on |
| HENWICK PROPERTIES LLP (REGISTERED NUMBER: OC450505) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the year ended 31 MARCH 2025 |
| 1. | STATUTORY INFORMATION |
| Henwick Properties 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 |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Goodwill |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| 3. | EMPLOYEE INFORMATION |
| The average number of employees during the year was |
| 4. | OPERATING PROFIT |
| The operating profit is stated after charging: |
| Period |
| 5.1.24 |
| Year Ended | to |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Depreciation - owned assets |
| HENWICK PROPERTIES LLP (REGISTERED NUMBER: OC450505) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 MARCH 2025 |
| 5. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 April 2024 |
| and 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 March 2024 |
| 6. | TANGIBLE FIXED ASSETS |
| Motor | Office |
| vehicles | Equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 April 2024 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 March 2025 |
| DEPRECIATION |
| At 1 April 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 March 2024 |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Other debtors |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Taxation and social security |
| Other creditors |
| HENWICK PROPERTIES LLP (REGISTERED NUMBER: OC450505) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 MARCH 2025 |
| 9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Bank loans |
| Hire purchase contracts |
| 10. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
| Loans and other debts due to members rank equally with other debts due to unsecured creditors in the event of a winding up. |