Registered No. OC342300 (England and Wales)
Helmores Estate Agents LLP
Unaudited accounts
for the year ended 31 March 2025
Helmores Estate Agents LLP
LLP Information
for the year ended 31 March 2025
Designated members
Helmores Limited
Registered Number
OC342300 (England and Wales)
Registered Office
LLOYDS BANK CHAMBERS
HIGH STREET
CREDITON
DEVON
EX17 3AH
Helmores Estate Agents LLP
Statement of financial position
as at 31 March 2025
Intangible assets
593,609
593,609
Tangible assets
622,519
661,819
Cash at bank and in hand
170,393
53,141
Creditors: amounts falling due within one year
(123,377)
(109,948)
Net current assets
217,099
83,171
Total assets less current liabilities
1,433,227
1,338,599
Creditors: amounts falling due after more than one year
(147,403)
(184,125)
Net assets attributable to members
1,285,824
1,154,474
Members' capital classified as equity
1,567,400
1,567,400
Other reserves
(281,576)
(412,926)
Members' other interests
1,285,824
1,154,474
For the year ending 31 March 2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small 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.
These 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.
Approved by the members on 29 December 2025.
Robin Alan Stoyle
Designated member
Limited Liability Partnership Registration No. OC342300
Helmores Estate Agents LLP
Notes to the Accounts
for the year ended 31 March 2025
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.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% reducing balance
Fixtures & fittings
10% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at valuation, as valued by the partners.
Helmores Estate Agents LLP is a limited liability partnership, incorporated in England and Wales, registration number OC342300. Its registered office is LLOYDS BANK CHAMBERS, HIGH STREET, CREDITON, DEVON, EX17 3AH.
3
Intangible fixed assets
Goodwill
Helmores Estate Agents LLP
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
542,804
280,723
294,528
1,118,055
Additions
-
41,000
8,333
49,333
Disposals
-
(218,192)
-
(218,192)
At 31 March 2025
542,804
103,531
302,861
949,196
At 1 April 2024
-
202,210
254,026
456,236
Charge for the year
-
10,162
9,767
19,929
On disposals
-
(149,488)
-
(149,488)
At 31 March 2025
-
62,884
263,793
326,677
At 31 March 2025
542,804
40,647
39,068
622,519
At 31 March 2024
542,804
78,513
40,502
661,819
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
38,530
40,848
Obligations under finance leases and hire purchase contracts
2,307
19,853
Taxes and social security costs
66,778
33,484
6
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
147,403
174,274
Obligations under finance leases and hire purchase contracts
-
9,851
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
8
Average number of employees
During the year the average number of employees was 16 (2024: 16).