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Registered Number: OC450294


 

 

 

HOUSELOOK PROPERTIES LLP



Abridged Accounts
 


Period of accounts

Start date: 14 December 2023

End date: 31 December 2024
As described on the balance sheet you are responsible for the preparation of the financial statements for the period ended 31 December 2024 and you consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.



....................................................

Diamond Tax & Consulting
Landmark Space
170 Midsummer Boulevard
Milton Keynes
MK9 1BP
12 September 2025
1
 
 
Notes
 
2024
£
Fixed assets    
Tangible fixed assets 3 1,640,000 
1,640,000 
Current assets    
Cash at bank and in hand 2,891 
Net current assets 2,891 
 
Total assets less current liabilities 1,642,891 
Net assets 1,642,891 
 

Represented by:
Loans and other debts due to members 1,672,112 
Members' other interest
Other reserves (29,221)
(29,221)

1,642,891 
 

Total members' interests
Loans and other debts due to members 1,672,112 
Members' other interests (29,221)
1,642,891 
 


For the period ending 31 December 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (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 opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account under section 444(1) of the Companies Act 2006.


The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006 (as applied to LLPs).

These accounts were approved by the members and signed on their behalf by:


.............................................................................
Adedeji Adesoji Soyemi
Designated Member
Date approved by the members: 12 September 2025
2
General Information
HOUSELOOK PROPERTIES LLP is a limited liability partnership, registered in , registration number OC450294, registration address 128 City Road, London, EC1V 2NX.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
2.

Average number of employees

Average number of employees during the period was 2.
3.

Tangible fixed assets

Cost or valuation Investment properties   Total
  £   £
At 14 December 2023  
Additions 1,640,000    1,640,000 
Disposals  
At 31 December 2024 1,640,000    1,640,000 
Depreciation
At 14 December 2023  
Charge for period  
On disposals  
At 31 December 2024  
Net book values
Closing balance as at 31 December 2024 1,640,000    1,640,000 
Opening balance as at 14 December 2023  


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