Registered number
OC427277
Nitehouse LLP
Filleted Accounts
31 March 2025

Nitehouse LLP
Registered number: | OC427277
Balance Sheet
as at 31 March 2025
Notes |  | 2025 |  | 2024
£ | £
Fixed assets
Tangible assets | 3 |  | 4,456 |  | 6,683
Current assets |  |  |  |  |
Cash at bank and in hand |  |  | 3,172 |  | 1,048
Creditors: amounts falling due within one year | 4 |  | (5,048) |  | (6,548)
Net current liabilities |  |  | (1,876) |  | (5,500)
Total assets less current liabilities |  |  | 2,580 |  | 1,183
Creditors: amounts falling due after more than one year | 5 |  | (4,375) |  | (9,172)
Net liabilities attributable to members | (1,795) |  | (7,989)
Represented by:
Loans and other debts due to members | 6 |  | (51,109) |  | (50,009)
Members' other interests
Members' capital classified as equity |  |  | 7,566 |  | 1,150
Other reserves |  |  | 41,748 |  | 40,870
|  |  | 49,314 |  | 42,020
|  |  | (1,795) |  | (7,989)
Total members' interests
Loans and other debts due to members | 6 |  | (51,109) |  | (50,009)
Members' other interests |  |  | 49,314 |  | 42,020
|  |  | (1,795) |  | (7,989)
For the year ended 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to 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.
The 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.
These accounts were approved by the members on 10 October 2025 and signed on their behalf by:
M Bhatti
Designated member

Nitehouse LLP
Notes to the Accounts
for the year ended 31 March 2025
1 | Accounting policies
| Basis of preparation
| 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.
| Turnover
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
| Division of profits
| Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account.
| Taxation
| 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.
| Tangible fixed assets
| Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
| Plant and machinery | over 5 years
| Fixtures, fittings, tools and equipment | over 5 years
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Members' capital
| Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional.
2 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the LLP | 0 |  | 0
3 | Tangible fixed assets
|  |  |  |  |  |  |  | Plant and machinery etc
£
| Cost
| At 1 April 2024 | 21,858
| At 31 March 2025 | 21,858
| Depreciation
| At 1 April 2024 | 15,175
| Charge for the year | 2,227
| At 31 March 2025 | 17,402
| Net book value
| At 31 March 2025 | 4,456
| At 31 March 2024 | 6,683
4 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Other creditors | 5,048 |  | 6,548
5 | Creditors: amounts falling due after one year | 2025 |  | 2024
£ | £
| Bank loans | 4,375 |  | 9,172
6 | Loans and other debts due to members | 2025 |  | 2024
£ | £
| Loans from members | (51,109) |  | (50,009)
| Amounts falling due within one year | (51,109) |  | (50,009)
| Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.
7 | Other information
| Nitehouse LLP is a limited liability partnership incorporated in England. Its registered office is:
| 499 Oxford Road
| Reading
| Berkshire
| RG30 1HF

Nitehouse LLP OC427277 false 2024-04-01 2025-03-31 2025-03-31 VT Final Accounts April 2025 M Bhatti No description of principal activity OC427277 2023-04-01 2024-03-31 OC427277 core:WithinOneYear 2024-03-31 OC427277 core:AfterOneYear 2024-03-31 OC427277 1 2024-03-31 OC427277 core:ShareCapital 2024-03-31 OC427277 core:RetainedEarningsAccumulatedLosses 2024-03-31 OC427277 2024-04-01 2025-03-31 OC427277 bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC427277 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 OC427277 bus:PartnerLLP20 2024-04-01 2025-03-31 OC427277 3 2024-04-01 2025-03-31 OC427277 1 2024-04-01 2025-03-31 OC427277 2 2024-04-01 2025-03-31 OC427277 4 2024-04-01 2025-03-31 OC427277 core:PlantMachinery 2024-04-01 2025-03-31 OC427277 countries:England 2024-04-01 2025-03-31 OC427277 bus:FRS102 2024-04-01 2025-03-31 OC427277 bus:FilletedAccounts 2024-04-01 2025-03-31 OC427277 2025-03-31 OC427277 core:WithinOneYear 2025-03-31 OC427277 core:AfterOneYear 2025-03-31 OC427277 1 2025-03-31 OC427277 core:ShareCapital 2025-03-31 OC427277 core:RetainedEarningsAccumulatedLosses 2025-03-31 OC427277 core:PlantMachinery 2025-03-31 OC427277 2024-03-31 OC427277 core:PlantMachinery 2024-03-31 iso4217:GBP xbrli:pure