Etridge Hagger Family LLP - Filleted accounts

Registered number

OC431233

Etridge Hagger Family LLP

Filleted Accounts

31 March 2025

Etridge Hagger Family LLP
Registered number:		OC431233
Balance Sheet
as at 31 March 2025
Notes		2025		2024
£			£
Fixed assets
Tangible assets	3	1,055,000		1,055,000
Current assets
Cash at bank and in hand		3,696		5,593

Creditors: amounts falling due within one year	4	(8,632)		(5,906)

Net current liabilities		(4,936)		(313)

Total assets less current liabilities		1,050,064		1,054,687

Creditors: amounts falling due after more than one year	5	(153,238)		(159,270)


Net assets attributable to members		896,826		895,417

Represented by:
Loans and other debts due to members	6	892,933		876,371

Members' other interests
Other reserves		3,893		19,046

		896,826		895,417

Total members' interests
Loans and other debts due to members	6	892,933		876,371
Members' other interests		3,893		19,046

		896,826		895,417

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 micro-entity 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 23 December 2025 and signed on their behalf by:


K L Hagger
Designated member

Etridge Hagger Family 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 any accumulative impairment losses.

	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	1		1


3	Tangible fixed assets
				Land and buildings
£
	Cost
	At 1 April 2024			1,055,000
	At 31 March 2025			1,055,000

	Depreciation
	At 31 March 2025			-

	Net book value
	At 31 March 2025			1,055,000
	At 31 March 2024			1,055,000


4	Creditors: amounts falling due within one year	2025		2024
£			£

	Trade creditors	2,726		-
	Other creditors	5,906		5,906
		8,632		5,906


5	Creditors: amounts falling due after one year	2025		2024
£			£

	Other creditors	153,238		159,270


6	Loans and other debts due to members	2025		2024
£			£

	Members capital classified as debt	892,933		876,371

	Amounts falling due within one year	892,933		876,371

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

7	Other information

	Etridge Hagger Family LLP is a limited liability partnership incorporated in England. Its registered office is:
	7 The Green
	Stonesby
	Leics
	LE14 4QE