REGISTERED NUMBER: OC330319 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025

FOR

HANOVER HOUSE ADVISORY LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

M L Stratford

R R Stratford

E Stratford

D Stratford

REGISTERED OFFICE:

Mucky Cottage

Naunton

Cheltenham

Gloucestershire

GL54 3AY

REGISTERED NUMBER:

OC330319 (England and Wales)

ACCOUNTANTS:

Kingscott Dix (Cheltenham) Limited

7 Rockfield Business Park

Old Station Drive

Leckhampton

Cheltenham

GL53 0AN

FIXED ASSETS

Tangible assets

4

-

209

CURRENT ASSETS

Debtors

44,008

83,756

Cash at bank

7,363

4

51,371

83,760

CREDITORS

Amounts falling due within one year

5

(20,705

)

(11,121

)

NET CURRENT ASSETS

30,666

72,639

TOTAL ASSETS LESS CURRENT LIABILITIES

30,666

72,848

CREDITORS

Amounts falling due after more than one year

6

(30,000

)

(40,000

)

NET ASSETS ATTRIBUTABLE TO MEMBERS

666

32,848

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

466

32,548

MEMBERS' OTHER INTERESTS

Capital accounts

200

300

666

32,848

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

466

32,548

Members' other interests

200

300

Amounts due from members

(44,008

)

(83,756

)

(43,342

)

(50,908

)

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 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 8 September 2025 and were signed by:

M L Stratford - Designated member

1.	STATUTORY INFORMATION

Hanover House Advisory LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Significant judgements and estimates

No significant judgements or estimates have been used in 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.

Tangible fixed assets

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

Computer equipment

-

25% on cost

Financial instruments

The partnership only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

1,788

Disposals

(1,788

)

At 31 March 2025

-

DEPRECIATION

At 1 January 2024

1,579

Charge for period

209

Eliminated on disposal

(1,788

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 December 2023

209

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2023

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

1,122

-

Other creditors

9,583

1,121

20,705

11,121

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2023

£

£

Bank loans

30,000

40,000

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2023

£

£

Amounts owed to members in respect of profits

466

32,548

Falling due within one year

466

32,548

Loans and other debts to members are unsecured and rank pari passu with other unsecured creditors.