IRIS Accounts Production v25.4.0.155 OC378188 designated member 1.4.24 31.3.25 31.3.25 0 0 false true false false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh OC378188 2024-03-31 OC378188 2025-03-31 OC378188 2024-04-01 2025-03-31 OC378188 2023-03-31 OC378188 2023-04-01 2024-03-31 OC378188 2024-03-31 OC378188 ns15:EnglandWales 2024-04-01 2025-03-31 OC378188 ns14:PoundSterling 2024-04-01 2025-03-31 OC378188 ns10:PartnerLLP1 2024-04-01 2025-03-31 OC378188 ns10:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC378188 ns10:SmallEntities 2024-04-01 2025-03-31 OC378188 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC378188 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC378188 ns10:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC378188 ns10:FullAccounts 2024-04-01 2025-03-31 OC378188 1 2024-04-01 2025-03-31 OC378188 ns10:PartnerLLP2 2024-04-01 2025-03-31 OC378188 ns10:RegisteredOffice 2024-04-01 2025-03-31 OC378188 ns5:CurrentFinancialInstruments 2025-03-31 OC378188 ns5:CurrentFinancialInstruments 2024-03-31 OC378188 ns5:NetGoodwill 2024-04-01 2025-03-31 OC378188 ns5:PlantMachinery 2024-04-01 2025-03-31 OC378188 ns5:NetGoodwill 2024-03-31 OC378188 ns5:NetGoodwill 2025-03-31 OC378188 ns5:NetGoodwill 2024-03-31 OC378188 ns5:PlantMachinery 2024-03-31 OC378188 ns5:PlantMachinery 2025-03-31 OC378188 ns5:PlantMachinery 2024-03-31 OC378188 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-03-31 OC378188 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2025-03-31 OC378188 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-04-01 2025-03-31 OC378188 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-03-31 OC378188 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 OC378188 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31

REGISTERED NUMBER: OC378188 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 March 2025 |

| for |

| Katy Hogben LLP |

Katy Hogben LLP (Registered number: OC378188)

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

General Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Katy Hogben LLP

General Information

for the Year Ended 31 March 2025

| DESIGNATED MEMBERS: | Mrs R K F Hogben

| M Hogben

| REGISTERED OFFICE: | 44 The Pantiles

| Tunbridge Wells

| Kent

| TN2 5TN

| REGISTERED NUMBER: | OC378188 (England and Wales)

| ACCOUNTANTS: | APT

| 44 The Pantiles

| Tunbridge Wells

| Kent

| TN2 5TN

Katy Hogben LLP (Registered number: OC378188)

Balance Sheet

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 13,015 |  | 17,354 |  |

Investment property | 6 | 1,100,000 |  | 1,000,000 |  |

1,113,015 |  | 1,017,354 |  |

CURRENT ASSETS

Debtors | 7 | 21,691 |  | 18,377 |  |

Cash at bank | 4,526 |  | 4,664 |  |

26,217 |  | 23,041 |  |

CREDITORS

Amounts falling due within one year | 8 | 2,430 |  | 4,190 |  |

NET CURRENT ASSETS | 23,787 |  | 18,851 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS | 1,136,802 |  | 1,036,205 |  |

LOANS AND OTHER DEBTS DUE TO MEMBERS | 6,124 |  | - |  |

MEMBERS' OTHER INTERESTS

Capital accounts | 1,130,678 |  | 1,036,205 |  |

1,136,802 |  | 1,036,205 |  |

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members | 6,124 |  | - |  |

Members' other interests | 1,130,678 |  | 1,036,205 |  |

1,136,802 |  | 1,036,205 |  |

Katy Hogben LLP (Registered number: OC378188)

Balance Sheet - continued

31 March 2025

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 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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 9 January 2026 and were signed by:

Mrs R K F Hogben - Designated member

Katy Hogben LLP (Registered number: OC378188)

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Katy Hogben 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 as modified by the revaluation of certain assets.

| The functional and presentational currency of the LLP is pounds sterling. Monetary amounts in these financial statements are rounded to the nearest £1, except where otherwise indicated.

| Going concern

| After reviewing the LLP's forecasts and projections, the members have a reasonable expectation that the LLP has adequate resources to continue in operational existence for the foreseeable future. The LLP therefore continues to adopt the going concern basis in preparing its financial statements.

| Significant judgements and estimates

| Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable.

| Other Income

| Interest income, including income arising from finance leases and other financial instruments, is recognised using the effective interest method. Rental income is recognised on an accruals basis in accordance with the substance of the relevant agreement.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Plant and machinery etc | - | 25% on reducing balance

| The carrying values of tangible fixed assets are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.

Katy Hogben LLP (Registered number: OC378188)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Impairment of assets

| Fixed assets are reviewed at each reporting date to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

| If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

| Financial instruments

| Basic financial assets, including trade and other receivables and cash and bank balances 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 rate method.

| Basic financial liabilities including trade and other payables are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

| Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| Provision for liabilities

| Provisions are recognised when the LLP has a present obligation (legal or constructive) as a result of a past event, it is probable that the LLP will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.

| The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

| Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value using a pre-tax discount rate. The unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Katy Hogben LLP (Registered number: OC378188)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

3. | EMPLOYEE INFORMATION

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

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 425,000 |  |

| AMORTISATION

| At 1 April 2024

| and 31 March 2025 | 425,000 |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  |

| At 31 March 2024 | - |  |

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 42,313 |  |

| DEPRECIATION

| At 1 April 2024 | 24,959 |  |

| Charge for year | 4,339 |  |

| At 31 March 2025 | 29,298 |  |

| NET BOOK VALUE

| At 31 March 2025 | 13,015 |  |

| At 31 March 2024 | 17,354 |  |

Katy Hogben LLP (Registered number: OC378188)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

5. | TANGIBLE FIXED ASSETS - continued

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Plant and

| machinery

| etc

£ |

| COST

| At 1 April 2024 | 39,000 |  |

| Transfer to ownership | (39,000 | ) |

| At 31 March 2025 | - |  |

| DEPRECIATION

| At 1 April 2024 | 22,091 |  |

| Charge for year | 4,228 |  |

| Transfer to ownership | (26,319 | ) |

| At 31 March 2025 | - |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  |

| At 31 March 2024 | 16,909 |  |

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2024 | 1,000,000 |  |

| Revaluations | 100,000 |  |

| At 31 March 2025 | 1,100,000 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,100,000 |  |

| At 31 March 2024 | 1,000,000 |  |

| Investment property is included at fair value as determined by the members.

Katy Hogben LLP (Registered number: OC378188)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

6. | INVESTMENT PROPERTY - continued

| Fair value at 31 March 2025 is represented by:

£ |

| Valuation in 2021 | 250,000 |  |

| Valuation in 2022 | (225,000 | ) |

| Valuation in 2023 | 125,000 |  |

| Valuation in 2025 | 100,000 |  |

| Cost | 850,000 |  |

1,100,000 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade debtors | 21,691 |  | 18,377 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Hire purchase contracts | - |  | 1,760 |  |

| Other creditors | 2,430 |  | 2,430 |  |

2,430 |  | 4,190 |  |

9. | CONTINGENT LIABILITIES

| There is a cross guarantee in place with K&M Hogben Limited, whose bank loan balance totals £621,750 (2024: £621,755).