IRIS Accounts Production v25.3.0.601 OC428459 designated member 1.4.24 31.3.25 31.3.25 0 0 false true false false true false 0 0 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh OC428459 2024-03-31 OC428459 2025-03-31 OC428459 2024-04-01 2025-03-31 OC428459 2023-03-31 OC428459 2023-04-01 2024-03-31 OC428459 2024-03-31 OC428459 ns15:EnglandWales 2024-04-01 2025-03-31 OC428459 ns14:PoundSterling 2024-04-01 2025-03-31 OC428459 ns10:PartnerLLP1 2024-04-01 2025-03-31 OC428459 ns10:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC428459 ns10:SmallEntities 2024-04-01 2025-03-31 OC428459 ns10:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 OC428459 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC428459 ns10:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC428459 ns10:FullAccounts 2024-04-01 2025-03-31 OC428459 ns10:PartnerLLP2 2024-04-01 2025-03-31 OC428459 ns10:RegisteredOffice 2024-04-01 2025-03-31 OC428459 ns5:CurrentFinancialInstruments 2025-03-31 OC428459 ns5:CurrentFinancialInstruments 2024-03-31 OC428459 ns5:ComputerEquipment 2024-04-01 2025-03-31 OC428459 ns5:ComputerEquipment 2024-03-31 OC428459 ns5:ComputerEquipment 2025-03-31 OC428459 ns5:ComputerEquipment 2024-03-31 OC428459 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 OC428459 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31

REGISTERED NUMBER: OC428459 (England and Wales)

Report of the Members and

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

by Hi LLP

by Hi LLP (Registered number: OC428459)

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

General Information | 1 |

Report of the Members | 2 |

Income Statement | 3 |

Statement of Financial Position | 4 |

Reconciliation of Members' Interests | 6 |

Notes to the Financial Statements | 8 |

by Hi LLP

General Information

for the Year Ended 31 March 2025

| DESIGNATED MEMBERS: | Mr S T Huggan

| Ms P D Ivanova

| REGISTERED OFFICE: | HATS Gloucester Ltd

| 48 Hucclecote Road

| Gloucester

| GL3 3RS

| REGISTERED NUMBER: | OC428459 (England and Wales)

| ACCOUNTANTS: | HATS Gloucester Ltd

| 48 Hucclecote Road

| Gloucester

| Gloucestershire

| GL3 3RS

by Hi LLP (Registered number: OC428459)

Report of the Members

for the Year Ended 31 March 2025

The members present their report with the financial statements of the LLP for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of architectural and design services.

DESIGNATED MEMBERS

The designated members during the year under review were:

Mr S T Huggan

Ms P D Ivanova

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £10,053 (2024 - £4,750 loss).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

Mr S T Huggan - Designated member

19 October 2025

by Hi LLP (Registered number: OC428459)

Income Statement

for the Year Ended 31 March 2025

| 31/3/25 |  | 31/3/24

£ | £ |

TURNOVER | 15,894 |  | - |  |

Cost of sales | 106 |  | - |  |

GROSS PROFIT | 15,788 |  | - |  |

Administrative expenses | 5,735 |  | 4,750 |  |

OPERATING PROFIT/(LOSS) and |

PROFIT/(LOSS) FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS | 10,053 |  | (4,750 | ) |

by Hi LLP (Registered number: OC428459)

Statement of Financial Position

31 March 2025

| 31/3/25 | 31/3/24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | - |  | 325 |  |

CURRENT ASSETS

Debtors | 5 | 24,101 |  | 22,554 |  |

Cash at bank | 251 |  | 244 |  |

24,352 |  | 22,798 |  |

CREDITORS

Amounts falling due within one year | 6 | 624 |  | 600 |  |

NET CURRENT ASSETS | 23,728 |  | 22,198 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS | 23,728 |  | 22,523 |  |

LOANS AND OTHER DEBTS DUE TO MEMBERS | 7 | 23,728 |  | 22,523 |  |

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members | 7 | 23,728 |  | 22,523 |  |

Amounts due from members | 5 | (23,407 | ) | (21,578 | ) |

321 |  | 945 |  |

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.

by Hi LLP (Registered number: OC428459)

Statement of Financial Position - continued

31 March 2025

The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 19 October 2025 and were signed by:

Mr S T Huggan - Designated member

by Hi LLP (Registered number: OC428459)

Reconciliation of Members' Interests

for the Year Ended 31 March 2025

| EQUITY |  | DEBT |  | TOTAL

| Members' | Loans and other debts due to | MEMBERS'

| other | members less any amounts due | INTERESTS

| interests | from members in debtors |

| Other |  | Other |

| reserves |  | amounts |  | Total

£ | £ | £ |

Amount due to members | 22,523 |  |

Amount due from members | (21,578 | ) |

Balance at 1 April 2024 | - |  | 945 |  | 945 |  |

Profit for the financial year available for discretionary division among members | 10,053 |  | - |  | 10,053 |  |

Members' interests after profit for the year | 10,053 |  | 945 |  | 10,998 |  |

Other divisions of profit | (10,053 | ) | 10,053 |  | - |  |

Introduced by members | - |  | 4,823 |  | 4,823 |  |

Drawings on account and distributions of profit | - |  | (15,500 | ) | (15,500 | ) |

Amount due to members | 23,728 |  |

Amount due from members | (23,407 | ) |

Balance at 31 March 2025 | - |  | 321 |  | 321 |  |

by Hi LLP (Registered number: OC428459)

Reconciliation of Members' Interests

for the Year Ended 31 March 2025

| EQUITY |  | DEBT |  | TOTAL

| Members' | Loans and other debts due to | MEMBERS'

| other | members less any amounts due | INTERESTS

| interests | from members in debtors |

| Other |  | Other |

| reserves |  | amounts |  | Total

£ | £ | £ |

Amount due to members | 21,324 |  |

Amount due from members | (19,651 | ) |

Balance at 1 April 2023 | - |  | 1,673 |  | 1,673 |  |

Loss for the financial year available for discretionary division among members | (4,750 | ) | - |  | (4,750 | ) |

Members' interests after loss for the year | (4,750 | ) | 1,673 |  | (3,077 | ) |

Other divisions of loss | 4,750 |  | (4,750 | ) | - |  |

Introduced by members | - |  | 4,022 |  | 4,022 |  |

Amount due to members | 22,523 |  |

Amount due from members | (21,578 | ) |

Balance at 31 March 2024 | - |  | 945 |  | 945 |  |

by Hi LLP (Registered number: OC428459)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| by Hi 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 | - | 25% on cost

3. | EMPLOYEE INFORMATION

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

4. | TANGIBLE FIXED ASSETS

| Computer

| equipment

£ |

| Cost

| At 1 April 2024

| and 31 March 2025 | 1,784 |  |

| Depreciation

| At 1 April 2024 | 1,459 |  |

| Charge for year | 325 |  |

| At 31 March 2025 | 1,784 |  |

| Net book value

| At 31 March 2025 | - |  |

| At 31 March 2024 | 325 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31/3/25 |  | 31/3/24

£ | £ |

| Other debtors | 24,101 |  | 22,554 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31/3/25 |  | 31/3/24

£ | £ |

| Other creditors | 624 |  | 600 |  |

by Hi LLP (Registered number: OC428459)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

7. | LOANS AND OTHER DEBTS DUE TO MEMBERS |

| 31/3/25 |  | 31/3/24

£ | £ |

| Amounts owed to members in respect of profits | 23,728 |  | 22,523 |  |

| Falling due within one year | 23,728 |  | 22,523 |  |

| Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up.