IRIS Accounts Production v25.1.4.42 OC450505 designated member 1.4.24 31.3.25 31.3.25 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC4505052024-03-31OC4505052025-03-31OC4505052024-04-012025-03-31OC4505052024-01-04OC4505052024-01-052024-03-31OC4505052024-03-31OC450505ns15:EnglandWales2024-04-012025-03-31OC450505ns14:PoundSterling2024-04-012025-03-31OC450505ns10:PartnerLLP12024-04-012025-03-31OC450505ns10:LimitedLiabilityPartnershipLLP2024-04-012025-03-31OC450505ns10:SmallEntities2024-04-012025-03-31OC450505ns10:AuditExemptWithAccountantsReport2024-04-012025-03-31OC450505ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-31OC450505ns10:LimitedLiabilityPartnershipsSORP2024-04-012025-03-31OC450505ns10:FullAccounts2024-04-012025-03-31OC45050512024-04-012025-03-31OC450505ns10:RegisteredOffice2024-04-012025-03-31OC450505ns5:CurrentFinancialInstruments2025-03-31OC450505ns5:CurrentFinancialInstruments2024-03-31OC450505ns5:Non-currentFinancialInstruments2025-03-31OC450505ns5:Non-currentFinancialInstruments2024-03-31OC450505ns5:NetGoodwill2024-04-012025-03-31OC450505ns5:IntangibleAssetsOtherThanGoodwill2024-04-012025-03-31OC450505ns5:OwnedAssets2024-04-012025-03-31OC450505ns5:OwnedAssets2024-01-052024-03-31OC450505ns5:NetGoodwill2024-03-31OC450505ns5:NetGoodwill2025-03-31OC450505ns5:NetGoodwill2024-03-31OC450505ns5:MotorVehicles2024-03-31OC450505ns5:ComputerEquipment2024-03-31OC450505ns5:MotorVehicles2024-04-012025-03-31OC450505ns5:ComputerEquipment2024-04-012025-03-31OC450505ns5:MotorVehicles2025-03-31OC450505ns5:ComputerEquipment2025-03-31OC450505ns5:MotorVehicles2024-03-31OC450505ns5:ComputerEquipment2024-03-31OC450505ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-31OC450505ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-31
REGISTERED NUMBER: OC450505 (England and Wales)















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: A Kaxe
N Kaxe





REGISTERED OFFICE: 1 High Street
Thatcham
Berks
RG19 3JG





REGISTERED NUMBER: OC450505 (England and Wales)





ACCOUNTANTS: C B Heslop & Company Limited
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:

A Kaxe
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:





A Kaxe - Designated member


14 July 2025

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 750,919 117,058

Administrative expenses 457,662 57,421
OPERATING PROFIT 4 293,257 59,637

Interest receivable and similar income 18,796 3,202
312,053 62,839

Interest payable and similar expenses 2,820 493
PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE
FOR DISCRETIONARY DIVISION
AMONG MEMBERS




309,233




62,346

HENWICK PROPERTIES LLP (REGISTERED NUMBER: OC450505)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 2 2
Tangible assets 6 123,074 64,905
123,076 64,907

CURRENT ASSETS
Debtors 7 193,994 5,888
Cash at bank 26,967 176,418
220,961 182,306
CREDITORS
Amounts falling due within one year 8 45,852 153,636
NET CURRENT ASSETS 175,109 28,670
TOTAL ASSETS LESS CURRENT
LIABILITIES

298,185

93,577

CREDITORS
Amounts falling due after more than one
year

9

105,906

45,781
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 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 2025.

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 have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 14 July 2025 and were signed by:





A Kaxe - Designated member

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
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 7 (2024 - 6 ) .

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 36,268 2,766

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 2
NET BOOK VALUE
At 31 March 2025 2
At 31 March 2024 2

6. TANGIBLE FIXED ASSETS
Motor Office
vehicles Equipment Totals
£    £    £   
COST
At 1 April 2024 66,843 828 67,671
Additions 102,720 1,782 104,502
Disposals (10,495 ) - (10,495 )
At 31 March 2025 159,068 2,610 161,678
DEPRECIATION
At 1 April 2024 2,739 27 2,766
Charge for year 35,746 522 36,268
Eliminated on disposal (430 ) - (430 )
At 31 March 2025 38,055 549 38,604
NET BOOK VALUE
At 31 March 2025 121,013 2,061 123,074
At 31 March 2024 64,104 801 64,905

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other debtors 193,994 5,888

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 10,461 10,203
Hire purchase contracts 13,692 4,920
Taxation and social security 19,699 19,203
Other creditors 2,000 119,310
45,852 153,636

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 1,775 12,236
Hire purchase contracts 104,131 33,545
105,906 45,781

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.