IRIS Accounts Production v26.1.10.61 OC418475 designated member 1.4.24 31.3.25 31.3.25 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC4184752024-03-31OC4184752025-03-31OC4184752024-04-012025-03-31OC4184752023-03-31OC4184752023-04-012024-03-31OC4184752024-03-31OC418475ns15:EnglandWales2024-04-012025-03-31OC418475ns14:PoundSterling2024-04-012025-03-31OC418475ns10:PartnerLLP12024-04-012025-03-31OC418475ns10:LimitedLiabilityPartnershipLLP2024-04-012025-03-31OC418475ns10:SmallEntities2024-04-012025-03-31OC418475ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-31OC418475ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-31OC418475ns10:LimitedLiabilityPartnershipsSORP2024-04-012025-03-31OC418475ns10:FullAccounts2024-04-012025-03-31OC418475ns10:PartnerLLP22024-04-012025-03-31OC418475ns10:PartnerLLP32024-04-012025-03-31OC418475ns10:RegisteredOffice2024-04-012025-03-31OC418475ns5:CurrentFinancialInstruments2025-03-31OC418475ns5:CurrentFinancialInstruments2024-03-31
REGISTERED NUMBER: OC418475 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

HOUSES FOR STUDENTS PARTNERSHIP LLP
HOUSES FOR STUDENTS PARTNERSHIP LLP (REGISTERED NUMBER: OC418475)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HOUSES FOR STUDENTS PARTNERSHIP LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DESIGNATED MEMBERS: T H May
Mrs K A May
Houses for Students





REGISTERED OFFICE: Williow Brook
Dawlish Road
Exminster
Exeter
EX6 8DN





REGISTERED NUMBER: OC418475 (England and Wales)





ACCOUNTANTS: Sheppard Rockey & Williams Ltd
Sannerville Chase
Exminster
Exeter
Devon
EX6 8AT
Page 1
HOUSES FOR STUDENTS PARTNERSHIP LLP (REGISTERED NUMBER: OC418475)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 250,000 250,000

CREDITORS
Amounts falling due within one year 5 3,445 3,445
NET CURRENT LIABILITIES (3,445 ) (3,445 )
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS
246,555
246,555

LOANS AND OTHER DEBTS DUE TO
MEMBERS
6
246,555
246,555

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 246,555 246,555

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 22 June 2026 and were signed by:





T H May - Designated member

The notes form part of these financial statements

Page 2
HOUSES FOR STUDENTS PARTNERSHIP LLP (REGISTERED NUMBER: OC418475)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Houses for Students Partnership 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.

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.

3. EMPLOYEE INFORMATION

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024
and 31 March 2025 250,000
NET BOOK VALUE
At 31 March 2025 250,000
At 31 March 2024 250,000

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2023 (512,000 )
Cost 762,000
250,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other creditors 3,445 3,445

6. LOANS AND OTHER DEBTS DUE TO MEMBERS

Members rank ahead of creditors in a liquidation.

Page 3