Registered number
OC416455
JHP Estates LLP
Accounts
31 March 2025

JHP Estates LLP
Report and accounts
Contents
Page
LLP information | 1
Profit and loss account | 2
Balance sheet | 3
Reconciliation of members' interests | 4
Notes to the accounts | 5

JHP Estates LLP
LLP Information
Designated members
Mr James Edward Hufton
Mrs Elena Crina Hufton
Accountants
Abacus Business Advisors Ltd
166 King Cross Road
Halifax, West Yorkshire
HX1 3LN
Registered office
The Hollies
Hollins Lane
Sowerby Bridge
West Yorkshire
HX6 2RS
Registered number
OC416455

JHP Estates LLP
Profit and Loss Account
for the year ended 31 March 2025
|  |  |  |  |  | 2025 |  | 2024
£ | £
Turnover | (1) |  | -
Administrative expenses | (23,111) |  | (22,723)
Other operating income | 63,055 |  | 63,148
Operating profit | 39,943 |  | 40,425
Interest payable | (8,400) |  | (7,471)
Profit before members' remuneration and profit share |  |  | 31,543 |  | 32,954
Profit for the financial year available for discretionary division among members |  |  | 31,543 |  | 32,954

JHP Estates LLP
Registered number: | OC416455
Balance Sheet
as at 31 March 2025
Notes |  | 2025 |  | 2024
£ | £
Fixed assets
Tangible assets | 3 |  | 895,000 |  | 895,000
Current assets |  |  |  |  |
Debtors | 4 |  | 800 |  | 800
Cash at bank and in hand |  |  | 185,377 |  | 153,834
|  |  | 186,177 |  | 154,634
Creditors: amounts falling due within one year | 5 |  | (350) |  | (350)
Net current assets |  |  | 185,827 |  | 154,284
Total assets less current liabilities |  |  | 1,080,827 |  | 1,049,284
Net assets attributable to members | 1,080,827 |  | 1,049,284
Represented by:
Loans and other debts due to members | 6 |  | 895,000 |  | 895,000
Members' other interests
Other reserves |  |  | 185,827 |  | 154,284
|  |  | 1,080,827 |  | 1,049,284
Total members' interests
Loans and other debts due to members | 6 |  | 895,000 |  | 895,000
Members' other interests |  |  | 185,827 |  | 154,284
|  |  | 1,080,827 |  | 1,049,284
For the year ended 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to LLPs).
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
These accounts were approved by the members on 26 December 2025 and signed on their behalf by:
Mr James Edward Hufton
Designated member

JHP Estates LLP
Reconciliation of Members' Interests
for the year ended 31 March 2025
£
| EQUITY | DEBT | TOTAL
| Members' other interests | Loans and other debts due to members
|  |  |  |  |  | less any amounts due from members
|  |  |  |  |  | in debtors
| Members' capital (classified as equity) | Revaluation reserve | Other reserves | Total |  | Members' capital (classified as debt) | Other amounts | Total |  | Total members' interests
Balance at 1 April 2024 | - | - | 154,284 | 154,284 |  | 895,000 | - | 895,000 |  | 1,049,284
Profit for the financial year available for discretionary division among members |  |  | 31,543 | 31,543 |  |  |  |  |  | 31,543
Members' interests after profit for the year | - | - | 185,827 | 185,827 |  | 895,000 | - | 895,000 |  | 1,080,827
Balance at 31 March 2025 | - | - | 185,827 | 185,827 |  | 895,000 | - | 895,000 |  | 1,080,827

JHP Estates LLP
Notes to the Accounts
for the year ended 31 March 2025
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
| 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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
| Division of profits
| Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account.
| Taxation
| Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
| Tangible fixed assets
| Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
| Freehold buildings | over 50 years
| Leasehold land and buildings | over the lease term
| Plant and machinery | over 5 years
| Fixtures, fittings, tools and equipment | over 5 years
| Investments
| Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Provisions
| Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
| Members' capital
| Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional.
| Pensions
| Contributions to defined contribution plans are expensed in the period to which they relate.
2 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the LLP | 0 |  | 0
3 | Tangible fixed assets
|  |  |  |  |  |  |  | Land and buildings
£
| Cost
| At 1 April 2024 | 895,000
| At 31 March 2025 | 895,000
| Depreciation
| At 31 March 2025 | -
| Net book value
| At 31 March 2025 | 895,000
| At 31 March 2024 | 895,000
4 | Debtors | 2025 |  | 2024
£ | £
| Other debtors | 800 |  | 800
5 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Other creditors | 350 |  | 350
6 | Loans and other debts due to members | 2025 |  | 2024
£ | £
| Members capital classified as debt | 895,000 |  | 895,000
| Amounts falling due within one year | 895,000 |  | 895,000
| Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.
7 | Other information
| JHP Estates LLP is a limited liability partnership incorporated in England. Its registered office is:
| The Hollies
| Hollins Lane
| Sowerby Bridge
| West Yorkshire
| HX6 2RS

JHP Estates LLP
Administrative expenses
for the year ended 31 March 2025
This schedule does not form part of the statutory accounts of the LLP
|  | 2025 |  | 2024
£ | £
Premises costs | 104 |  | -
Repairs | 7,172 |  | 7,680
General administrative expenses | 2,993 |  | 4,126
Motor expenses | 10,786 |  | 8,315
Legal and professional costs | 350 |  | 972
Other expenses | 1,706 |  | 1,630
|  | 23,111 |  | 22,723

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