Howat O'Farrell Architecture LLP OC413259 false 2024-09-01 2025-08-31 2025-08-31 The principal activity of the company is the provision of architectural services. Digita Accounts Production Advanced 6.30.9574.0 OC413259 2024-09-01 2025-08-31 OC413259 2025-08-31 OC413259 core:CurrentFinancialInstruments 2025-08-31 OC413259 bus:SmallEntities 2024-09-01 2025-08-31 OC413259 bus:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 OC413259 bus:FilletedAccounts 2024-09-01 2025-08-31 OC413259 bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 OC413259 bus:PartnerLLP2 2024-09-01 2025-08-31 OC413259 bus:LimitedLiabilityPartnershipLLP 2024-09-01 2025-08-31 OC413259 countries:AllCountries 2024-09-01 2025-08-31 OC413259 2023-09-01 2024-08-31 OC413259 2024-08-31 OC413259 core:CurrentFinancialInstruments 2024-08-31 iso4217:GBP xbrli:pure

Registration number: OC413259

Howat O'Farrell Architecture LLP
Annual Report and Unaudited Financial Statements - companies house filing
for the Year Ended 31 August 2025

Howat O'Farrell Architecture LLP

(Registration number: OC413259)
Statement of Financial Position as at 31 August 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Debtors | 4 | 12,580 | 10,799
Cash and short-term deposits |  | 43,244 | 44,027
|  | 55,824 | 54,826
Creditors: Amounts falling due within one year | 6 | (7,379) | (1,900)
Net assets attributable to members |  | 48,445 | 52,926
Represented by: |  |  |
Loans and other debts due to members |  |  |
Members' capital classified as a liability |  | 48,445 | 52,926
|  | 48,445 | 52,926
Total members' interests |  |  |
Loans and other debts due to members |  | 48,445 | 52,926
|  | 48,445 | 52,926

For the year ending 31 August 2025 the limited liability partnership was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied to limited liability partnerships, relating to small entities.

These financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

These financial statements have been delivered in accordance with the provisions of the Companies Act 2006, as applied by the Limited Liability Partnerships (Accounts and Audit)(Application of Companies Act 2006) Regulations 2008, applicable to LLPs subject to the small LLPs regime and the option not to file the Profit and Loss Account has been taken.

The members acknowledge their responsibilities for complying with the requirements of the Act, as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 with respect to accounting records and the preparation of accounts.

The financial statements of Howat O'Farrell Architecture LLP (registered number OC413259) were approved by the Board and authorised for issue on 12 March 2026. They were signed on behalf of the limited liability partnership by:

Howat O'Farrell Architecture LLP

(Registration number: OC413259)
Statement of Financial Position as at 31 August 2025

......................................... Grace Howat Architects Ltd Designated member

Howat O'Farrell Architecture LLP

Statement of Changes in Members’ Interests
At 31 August 2025

| Loans and other debts due to/(from) members |  |
| Members' other amounts £ | Total debt £ | Total 2025 £
Members' interest at 1 September 2024 | 52,926 | 52,926 | 52,926
Profit for the financial year available for discretionary division among members | 85,519 | 85,519 | 85,519
Members' interests after total comprehensive income | 138,445 | 138,445 | 138,445
Drawings (including tax payments) | (100,000) | (100,000) | (100,000)
At 31 August 2025 | 38,445 | 38,445 | 38,445

| Loans and other debts due to/(from) members |  |
| Members' other amounts £ | Total debt £ | Total 2024 £
Members' interest at 1 September 2023 | 85,012 | 85,012 | 85,012
Profit for the financial year available for discretionary division among members | 47,394 | 47,394 | 47,394
Members' interests after total comprehensive income | 132,406 | 132,406 | 132,406
Other amounts introduced by members | 520 | 520 | 520
Drawings (including tax payments) | (80,000) | (80,000) | (80,000)
At 31 August 2024 | 52,926 | 52,926 | 52,926

Howat O'Farrell Architecture LLP

Notes to the Financial Statements for the Year Ended 31 August 2025

1 | General information

Howat O'Farrell Architecture LLP (LLP number: OC413259) is a limited liability partnership incorporated in England and Wales. Its registered office is Knoll House, Knoll Road, Camberley, Surrey, GU15 3SY.

The financial statements have been prepared under the historical cost convention in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006 and in accordance with the Statement of Recommended Practice ‘Accounting for Limited Liability Partnerships’ issued in December 2018.

The presentation currency of the financial statements is the Pounds Sterling (£).

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Revenue recognition

Revenue is recognised to the extent that the limited liability partnership obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts and VAT.

Members' remuneration and division of profits

Members' participation rights are the rights of a member against the LLP that arise under the members'
agreement (for example, in respect of amounts subscribed or otherwise contributed, remuneration and profits).
Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with Section 22 of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability partnerships'. A member's participation right results in a liability unless the right to any payment is discretionary on the part of the LLP.
Amounts subscribed or otherwise contributed by members, for example members' capital, are classed as equity if the LLP has an unconditional right to refuse payment to members. If the LLP does not have such an unconditional right, such amounts are classified as liabilities.
Where profits are automatically divided as they arise, so the LLP does not have an unconditional right to refuse payment, the amounts arising that are due to members are in the nature of liabilities. They are therefore treated as an expense in the statement of comprehensive income in the relevant year. To the extent that they remain unpaid at the year end, they are shown as liabilities in the statement of financial position.
All amounts due to members that are classified as liabilities are presented in the statement of financial position within 'Loans and other debts due to members' and are charged to the statement of comprehensive income within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the statement of financial position within 'Members' other interests'.

Howat O'Farrell Architecture LLP

Notes to the Financial Statements for the Year Ended 31 August 2025

Taxation

The taxation payable on the partnership's profits is the personal liability of the members. Consequently, neither partnership taxation nor related deferred taxation is accounted for in these financial statements.

other taxes policy

Financial instruments

The LLP only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

3 | Particulars of employees

The average number of persons employed by the limited liability partnership during the year was 2 (2024 - 2).

4 | Debtors

| 2025 £ | 2024 £
Trade debtors | 11,566 | -
Prepayments and accrued income | 1,014 | 10,799
| 12,580 | 10,799

5 | Loans and other debts due to members

| 2025 £ | 2024 £
Loans and other debts due to members | 48,445 | 52,926

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding-up. There is no legally enforceable protection afforded to creditors in such an event.
There are no restrictions or limitations on the ability of the members to reduce the amount of "Members' other interests".

6 | Creditors: Amounts falling due within one year

| 2025 £ | 2024 £
Trade creditors | 283 | -
Accruals and deferred income | 1,740 | 1,693
Taxation and social security | 5,356 | 207
| 7,379 | 1,900