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Registered No. OC445410 (England and Wales)
Hovis Property Llp Unaudited accounts for the year ended 31 January 2025
Hovis Property Llp LLP Information for the year ended 31 January 2025
Designated members
Mr Roland Marcelin Horne
Ms Sally Elizabeth Provis
Registered Number
OC445410 (England and Wales)
Registered Office
36 Maltby Street London SE1 3PA England
Accountants
Monty Accounting Solutions 16 Smitham Bridge Road Hungerford Berkshire RG17 0QP
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Hovis Property Llp Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
3
732,400
732,400
Creditors: amounts falling due within one year
4
(3,900)
(3,900)
Net current liabilities
(3,900)
(3,900)
Net assets attributable to members
728,500
728,500
Represented by:
Members' other interests
Members' capital classified as equity
730,000
730,000
Other reserves
(1,500)
(1,500)
728,500
728,500
728,500
728,500
Total members' interests
Members' other interests
728,500
728,500
728,500
728,500
For the year ending 31 January 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 31 October 2025.
Mr Roland Marcelin Horne Designated member Limited Liability Partnership Registration No. OC445410
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Hovis Property Llp Notes to the Accounts for the year ended 31 January 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.
Presentation currency
The accounts are presented in £ sterling.
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 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.
Investment property
Investment properties are revalued annually and any surplus or deficit is dealt with through profit and loss. No depreciation is provided in respect of investment properties.
Going concern
The members have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The members have a reasonable expectation that the LLP has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
2
Statutory information
Hovis Property Llp is a limited liability partnership, incorporated in England and Wales, registration number OC445410. Its registered office is 36 Maltby Street, London, SE1 3PA, England.
3
Investment property
2025
£
Fair value at 1 February 2024
732,400
At 31 January 2025
732,400
4
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
2,400
2,400
Accruals
1,500
1,500
3,900
3,900
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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