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Registered number: OC439724
Studio Hatcham Architects LLP
Unaudited Financial Statements
For The Year Ended 31 March 2025
ArchElm Chartered Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC439724
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,651 2,645
1,651 2,645
CURRENT ASSETS
Debtors 5 10,328 9,863
Cash at bank and in hand 8,367 16,309
18,695 26,172
Creditors: Amounts Falling Due Within One Year 6 (11,017 ) (8,151 )
NET CURRENT ASSETS (LIABILITIES) 7,678 18,021
TOTAL ASSETS LESS CURRENT LIABILITIES 9,329 20,666
NET ASSETS ATTRIBUTABLE TO MEMBERS 9,329 20,666
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 1 -
1 -
Equity
Members' other interests
Members' capital 9,330 20,666
Other reserves (2) -
9,328 20,666
9,329 20,666
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 1 -
Members' other interests 9,328 20,666
9,329 20,666
Page 1
Page 2
For the year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)
The members acknowledge their responsibilities for complying with the requirements of the Act (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 taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.
On behalf of the members
Mr Henry Battey
Partner
Mr Hallam Tucker
Partner
31/10/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Studio Hatcham Architects LLP is a limited liability partnership, incorporated in England & Wales, registered number OC439724 . The Registered Office is 70 Cowcross Street, London, EC1M 6EJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 33% Straight Line
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 1 (2024: NIL)
1 -
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2024 7,553
Additions 2,237
As at 31 March 2025 9,790
Depreciation
As at 1 April 2024 4,908
Provided during the period 3,231
As at 31 March 2025 8,139
Net Book Value
As at 31 March 2025 1,651
As at 1 April 2024 2,645
Page 3
Page 4
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 10,328 9,863
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 1,165 1,845
Taxation and social security 9,852 6,306
11,017 8,151
Page 4