REGISTERED NUMBER: OC428328 (England and Wales)

Report of the Members and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Henry Hannon Home Search LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

H Hannon

Mrs L Hannon

REGISTERED OFFICE:

Ivy House

Newbury Street

Lambourn

Berkshire

RG17 8PB

REGISTERED NUMBER:

OC428328 (England and Wales)

ACCOUNTANTS:

Morley & Co (UK) Ltd

Chartered Certified Accountants,

2 Cricklade Court

Old Town

Swindon

Wiltshire

SN1 3EY

The members present their report with the financial statements of the LLP for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of offering residential property advice.

DESIGNATED MEMBERS

The designated members during the year under review were:

H Hannon

Mrs L Hannon

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £63,766 (2024 - £67,639 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

H Hannon - Designated member

31 December 2025

TURNOVER

114,750

82,000

Administrative expenses

50,984

14,361

OPERATING PROFIT and

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

63,766

67,639

FIXED ASSETS

Tangible assets

5

1,312

942

CURRENT ASSETS

Debtors

6

-

13,375

Cash at bank

35,712

17,124

35,712

30,499

CREDITORS

Amounts falling due within one year

7

7,682

6,545

NET CURRENT ASSETS

28,030

23,954

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

29,342

24,896

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

29,342

24,896

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

29,342

24,896

Amounts due from members

6

-

(12,913

)

29,342

11,983

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 31 March 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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 31 December 2025 and were signed by:

H Hannon - Designated member

1.	STATUTORY INFORMATION

Henry Hannon Home Search LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on cost

Financial instruments

Basic financial instruments, including trade and other receivables and payables, cash and bank balances, bank loans and loans to or from other group companies are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

3.	EMPLOYEE INFORMATION

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

4.	OPERATING PROFIT

The operating profit is stated after charging:

Period

1/9/23

Year Ended

to

31/3/25

31/3/24

£

£

Depreciation - owned assets

776

714

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

5,137

Additions

1,146

At 31 March 2025

6,283

DEPRECIATION

At 1 April 2024

4,195

Charge for year

776

At 31 March 2025

4,971

NET BOOK VALUE

At 31 March 2025

1,312

At 31 March 2024

942

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts due from members

-

12,913

VAT

-

462

-

13,375

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

2,688

2,304

VAT

299

-

Accrued expenses

4,695

4,241

7,682

6,545

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up, the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.