ACCOUNTS - Final Accounts preparation

Registered number: OC436216

PPR HL1 LLP

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

PPR HL1 LLP

REGISTERED NUMBER: OC436216

BALANCE SHEET

AS AT 31 MARCH 2025

	2025	2025	2024	2024
Note	£	£	£	£


Current assets
Debtors: amounts falling due within one year	4	2,500,000		2,500,000
		2,500,000		2,500,000
Creditors: Amounts Falling Due Within One Year	5	(200,000)		(200,000)
Net current assets			2,300,000		2,300,000
Total assets less current liabilities			2,300,000		2,300,000

Net assets			2,300,000		2,300,000

Represented by:
Loans and other debts due to members within one year
Members' other interests
Members' capital classified as equity	2,300,000		2,300,000
		2,300,000		2,300,000
		2,300,000		2,300,000

Total members' interests
Members' other interests	2,300,000	2,300,000
	2,300,000	2,300,000

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PPR HL1 LLP

REGISTERED NUMBER: OC436216

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2025

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

The entity 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.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

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

The entity has opted not to file the statement of comprehensive income in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf by:

................................................

PPR Estates Limited

Designated member

Date: 4 December 2025

The notes on page 3 form part of these financial statements.

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PPR HL1 LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

PPR HL1 LLP is a limited liability partnership incorporated in England and Wales. The registered office address is 5 Welbeck Street, London, W1G 9YQ

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are presented in Sterling (£), which is the functional currency of the entity.

The following principal accounting policies have been applied:

2.2

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.3

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The entity has no employees.

Debtors

					2025	2024
					£	£


Other debtors	2,500,000	2,500,000

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

	Other creditors	200,000	200,000

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