Hungerford Investments LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC300846 (England and Wales)

Unaudited Financial Statements for the Year Ended 5 April 2025

for

Hungerford Investments LLP

Page

Balance Sheet

1

Notes to the Financial Statements

4

Fixed assets

Tangible assets

4

-

Investments

5

3,250,000

Investment property

6

2,341,462

4,720,000

5,591,462

7,970,000

Current assets

Debtors

7

196,133

149,011

Cash at bank

47,648

27,596

243,781

176,607

Creditors

Amounts falling due within one year

8

1,804,576

1,896,128

Net current liabilities

(1,560,795

)

(1,719,521

)

Total assets less current liabilities

4,030,667

6,250,479

Creditors

Amounts falling due after more than
one year

9

1,347,500

2,000,000

Net assets attributable to members

2,683,167

4,250,479

Loans and other debts due to members

11

223,908

581,209

Members' other interests

Capital accounts

131,055

Revaluation reserve

12

2,328,204

3,538,215

2,683,167

4,250,479

Total members' interests

Loans and other debts due to members

11

223,908

581,209

Members' other interests

2,459,259

3,669,270

Amounts due from members

7

(118,893

)

(65,960

)

2,564,274

4,184,519

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 5 April 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 17 December 2025 and were signed by:

R J Grievson - Designated member

1.	Statutory information

Hungerford Investments LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number:

OC300846

Registered office:

Totterdown House

Inkpen

Hungerford

Berkshire

RG17 9EA

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 represents amounts receivable for the sale of properties, consultancy fees and rental income net of VAT.

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 cost

Investment property

Investment properties are valued by the designated members on an open market value basis. Depreciation is not provided on these investment properties, apart from fixtures and fittings (see below).

Fixed asset investments

Fixed asset investments are stated at their value with any gain or loss taken to the revaluation reserve.

Taxation

The LLP is not liable for taxation as tax is the individual responsibility of members. Accordingly no provision is made for tax or deferred taxation.

3.	Employee information

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

4.	Tangible fixed assets

Fixtures

and

fittings

£

Cost

At 6 April 2024

and 5 April 2025

130,040

Depreciation

At 6 April 2024

and 5 April 2025

130,040

Net book value

At 5 April 2025

-

At 5 April 2024

-

5.	Fixed asset investments

Unlisted

investment

£

Cost or valuation

At 6 April 2024

and 5 April 2025

3,250,000

Net book value

At 5 April 2025

3,250,000

At 5 April 2024

3,250,000

Cost or valuation at 5 April 2025 is represented by:

Unlisted

investment

£

Valuation in 2024

(250,000

)

Valuation in 2023

(1,000,000

)

Valuation in 2017

2,500,000

Cost

2,000,000

3,250,000

6.	Investment property

The investment property was valued on an open market basis by RJ Grievson, a designated member, at 5 April 2025 based on valuations prepared by independent third parties.

Fair value at 5 April 2025 is represented by:

£

Valuation in 2025

(33,538

)

Valuation in 2024

(70,636

)

Valuation in 2023

(92,437

)

Valuation in 2022

(7,848

)

Valuation in 2015

113,156

Valuation in 2014

432,633

Valuation in 2013

53,970

Valuation in 2012

277,094

Valuation in 2011

166,801

Valuation in 2010

239,009

Cost

1,263,258

2,341,462

7.

Debtors: amounts falling due within one year

2025

2024

£

Amounts owed by associates

57,722

28,840

Amounts due from members

118,893

65,960

Other debtors

7,443

VAT

-

32,592

Prepayments

12,075

14,176

196,133

149,011

8.

Creditors: amounts falling due within one year

2025

2024

£

Amounts owed to associates

1,071,666

1,164,708

Other creditors

-

6,320

Accrued expenses

732,910

725,100

1,804,576

1,896,128

9.

Creditors: amounts falling due after more than one year

2025

2024

£

Bank loans due after 5 years

1,347,500

2,000,000

2025

2024

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans due after 5 years

1,347,500

2,000,000

10.	Secured debts

The following secured debts are included within creditors:

2025

2024

£

Bank loans

1,347,500

2,000,000

The loan is secured by a mortgage debenture over the assets of the LLP.

11.

Loans and other debts due to members

Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.

12.

Reserves

Revaluatio

reserve

£

At 6 April 2024

3,538,215

Revaluation in the period

(33,538

)

Realised in the period

(1,176,473

)

At 5 April 2025

2,328,204

13.	Ultimate controlling party

There is no ultimate controlling party.