Hollowcombe Education LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC361927 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

HOLLOWCOMBE EDUCATION LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

D J W Fleming

C E Fleming

REGISTERED OFFICE:

Marlston Farmhouse

Marlston Hermitage

Thatcham

Berks

RG18 9UU

REGISTERED NUMBER:

OC361927 (England and Wales)

ACCOUNTANTS:

C B Heslop & Company Limited

Chartered Accountants

1 High Street

Thatcham

Berks

RG19 3JG

FIXED ASSETS

Tangible assets

4

1,511,765

1,495,261

CURRENT ASSETS

Stocks

500

Debtors

5

-

2,939

Cash at bank

21,600

1,780

22,100

5,219

CREDITORS

Amounts falling due within one year

6

1,609

4,767

NET CURRENT ASSETS

20,491

452

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO
MEMBERS

1,532,256

1,495,713

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

220,051

183,508

MEMBERS' OTHER INTERESTS

Capital accounts

1,312,205

1,532,256

1,495,713

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

220,051

183,508

Members' other interests

1,312,205

1,532,256

1,495,713

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 2 December 2025 and were signed by:

D J W Fleming - Designated member

1.	STATUTORY INFORMATION

Hollowcombe Education LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

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.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Office Equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

Office

property

fittings

vehicles

Equipment

Totals

£

COST OR VALUATION

At 1 April 2024

1,493,049

7,210

-

2,131

1,502,390

Additions

-

22,700

-

22,700

At 31 March 2025

1,493,049

7,210

22,700

2,131

1,525,090

DEPRECIATION

At 1 April 2024

-

5,645

-

1,484

7,129

Charge for year

-

391

5,675

130

6,196

At 31 March 2025

-

6,036

5,675

1,614

13,325

NET BOOK VALUE

At 31 March 2025

1,493,049

1,174

17,025

517

1,511,765

At 31 March 2024

1,493,049

1,565

-

647

1,495,261

Cost or valuation at 31 March 2025 is represented by:

Fixtures

Freehold

and

Motor

Office

property

fittings

vehicles

Equipment

Totals

£

Valuation in 2019

(47,664

)

-

(47,664

)

Valuation in 2021

300,341

-

300,341

Valuation in 2024

118,049

-

118,049

Cost

1,122,323

7,210

22,700

2,131

1,154,364

1,493,049

7,210

22,700

2,131

1,525,090

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Other debtors

-

2,939

Prepayments £Nil (2024 : £2,939)

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Other creditors

1,609

4,767

Accruals £1,609 (2024: £4,767)

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

31.3.25

31.3.24

£

Amounts owed to members in respect of profits

220,051

183,508

Falling due within one year

220,051

183,508

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