Registered No. OC434624 (England and Wales)
HOUSEMADE LLP
Unaudited accounts
for the year ended 31 December 2024
HOUSEMADE LLP
LLP Information
for the year ended 31 December 2024
Designated members
Escott Properties Ltd
Registered Number
OC434624 (England and Wales)
Registered Office
129 Conway Road
London
N14 7BH
United Kingdom
Accountants
1040 Tax Solutions
Fairways House
George Street
Prestwich
Manchester
M25 9WS
HOUSEMADE LLP
Statement of financial position
as at 31 December 2024
Investment property
102,078
102,078
Cash at bank and in hand
3,616
4,061
Net current assets
3,616
4,061
Total assets less current liabilities
105,694
106,139
Creditors: amounts falling due after more than one year
(72,730)
(72,730)
Net assets attributable to members
32,964
33,409
Loans and other debts due to members
29,348
29,990
Other reserves
3,616
3,419
Loans and other debts due to members
29,348
29,990
Members' other interests
3,616
3,419
For the year 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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 28 September 2025.
Escott Properties Ltd
Designated member
Limited Liability Partnership Registration No. OC434624
HOUSEMADE LLP
Notes to the Accounts
for the year ended 31 December 2024
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
Investment properties are revalued annually and any surplus or deficit is dealt with through profit and loss. No depreciation is provided in respect of investment properties.
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
Members' shares in the profit or loss for the year available for discretionary division among the members are accounted for as an allocation of that balance. Allocated balances are split between the members with any unallocated balances being included within 'Other reserves'. Members are permitted to make drawings in anticipation of that allocation, subject to the agreement of the other members.
HOUSEMADE LLP is a limited liability partnership, incorporated in England and Wales, registration number OC434624. Its registered office is 129 Conway Road, London, N14 7BH, United Kingdom.
Fair value at 1 January 2024
102,078
At 31 December 2024
102,078
4
Creditors: amounts falling due after more than one year
2024
2023
5
Loans and other debts due to members
2024
2023
Loans from members
28,956
28,945
Amounts due to members in respect of profits
392
1,045
Amounts falling due within one year
29,348
29,990
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
HOUSEMADE LLP
Notes to the Accounts
for the year ended 31 December 2024
6
Transactions with related parties
LTSN Properties, a partner in Housemade LLP is the legal owner of the investment property, held in trust for Housemade LLP.
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).