REGISTERED NUMBER: OC417774 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

P & H HOMES LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DESIGNATED MEMBERS:

CDP Property Solutions Ltd

T Harvey

REGISTERED OFFICE:

71-75 Shelton Street

Covent Garden

London

WC2H 9JQ

REGISTERED NUMBER:

OC417774 (England and Wales)

ACCOUNTANTS:

MDG Business Associates Limited

Room 73

Wrest House

Wrest Park

Silsoe

Bedfordshire

MK45 4HR

FIXED ASSETS

Tangible assets

4

230

90

CURRENT ASSETS

Debtors

5

51,078

78,613

Cash at bank

33,560

24,571

84,638

103,184

CREDITORS

Amounts falling due within one year

6

19,561

15,894

NET CURRENT ASSETS

65,077

87,290

TOTAL ASSETS LESS CURRENT LIABILITIES

65,307

87,380

CREDITORS

Amounts falling due after more than one year

7

26,942

48,277

NET ASSETS ATTRIBUTABLE TO MEMBERS

38,365

39,103

LOANS AND OTHER DEBTS DUE TO MEMBERS

38,365

39,103

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

38,365

39,103

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.

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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 3 October 2025 and were signed by:

T Harvey - Designated member

1.	STATUTORY INFORMATION

P & H Homes 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.

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

-

33% on cost

Bounce back loan scheme

The Bounce Back Loan Scheme (BBLS) enables smaller businesses to access finance more quickly during the coronavirus outbreak. The scheme helps small and medium-sized businesses to borrow between £2,000 and up to 25% of their turnover. The maximum loan available is £50,000. The government guarantees 100% of the loan and there are no fees or interest to pay for the first 12 months. After 12 months the interest rate will be 2.5% per annum.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

Cost

At 1 April 2024

280

Additions

245

At 31 March 2025

525

Depreciation

At 1 April 2024

190

Charge for year

105

At 31 March 2025

295

Net book value

At 31 March 2025

230

At 31 March 2024

90

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

26,370

59,551

Other debtors

24,123

19,062

Prepayments and accrued income

585

-

51,078

78,613

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,648

10,000

Trade creditors

1,741

2,918

Social security and other taxes

284

591

Other creditors

6,888

2,385

19,561

15,894

The bank loan is 100% guaranteed by the government in line with the COVID scheme rules. Interest was charged at 0% in year one and at 2.5% per annum thereafter.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

1,588

11,667

Loans

25,354

36,610

26,942

48,277

The bank loan is 100% guaranteed by the government in line with the COVID scheme rules. Interest was charged at 0% in year one and at 2.5% per annum thereafter.

Other loans are interest free (2024: £Nil) with no set terms of repayment.