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Registered number: OC377482
HAZLEMERE MANAGEMENT SERVICES LLP
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 JANUARY 2026
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HAZLEMERE MANAGEMENT SERVICES LLP
REGISTERED NUMBER: OC377482
STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2026
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Debtors: amounts falling due within one year
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Creditors: amounts falling due within one year
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Loans and other debts due to members within one year
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Members' capital classified as equity
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HAZLEMERE MANAGEMENT SERVICES LLP
REGISTERED NUMBER: OC377482
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2026
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLPs regime.
The financial statements have been delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
The entity has opted not to file the statement of comprehensive income in accordance with the provisions applicable to entities subject to the small LLPs regime.
The financial statements were approved and authorised for issue by the members and were signed on their behalf on 21 October 2026.
R Braham-Hill for and on behalf of
Hazlemere Holdings Limited
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The notes on pages 4 to 9 form part of these financial statements.
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HAZLEMERE MANAGEMENT SERVICES LLP
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 JANUARY 2026
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Members capital (classified as equity)
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Members' remuneration charged as an expense
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Total comprehensive income for the year
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Members' remuneration charged as an expense
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Total comprehensive income for the year
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HAZLEMERE MANAGEMENT SERVICES LLP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Hazlemere Management Services LLP is an LLP incorporated in England and Wales. The address of the registered office is Cressex Industrial Estate, Wellington Road, High Wycombe, Buckinghamshire, HP12 3PR.
The LLP specialises in the provision of outsourced human resource solutions.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements of the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
The members note that the LLP is trading adequately and has sufficient working capital and other finance available to continue trading for a period of not less than 12 months from the date of the approval of the accounts. As such, the members believe that there are no significant uncertainties in their assessment of whether the LLP is a going concern and therefore have prepared the accounts on a going concern basis.
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the LLP and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:
Rendering of services
Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
∙the amount of revenue can be measured reliably;
∙it is probable that the LLP will receive the consideration due under the contract;
∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and
∙the costs incurred and the costs to complete the contract can be measured reliably.
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HAZLEMERE MANAGEMENT SERVICES LLP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
2.Accounting policies (continued)
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of comprehensive income.
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
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Cash and cash equivalents
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Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Finance costs are charged to the Statement of comprehensive income over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
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HAZLEMERE MANAGEMENT SERVICES LLP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
2.Accounting policies (continued)
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Division and distribution of profits
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A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.
An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.
The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense' in the Statement of comprehensive income.
Defined contribution pension plan
The LLP operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the LLP pays fixed contributions into a separate entity. Once the contributions have been paid the LLP has no further payment obligations.
The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the LLP in independently administered funds.
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The average monthly number of employees, including directors, during the year was 85 (2025 - 96).
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Information in relation to members
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During the year there were 2 (2025 - 2) members.
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HAZLEMERE MANAGEMENT SERVICES LLP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
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Amounts owed by group undertakings
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Prepayments and accrued income
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Cash and cash equivalents
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HAZLEMERE MANAGEMENT SERVICES LLP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
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Creditors: Amounts falling due within one year
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Amounts owed to group undertakings
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Other taxation and social security
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Accruals and deferred income
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Reconciliation of members' interests
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EQUITY
Members' other interests
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Members' capital (classified as equity)
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Balance at 1 February 2024
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Members' remuneration charged as an expense
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Members' interests after profit for the year
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Balance at 31 January 2025
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Members' remuneration charged as an expense
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Members' interests after profit for the year
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Balance at 31 January 2026
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There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests.
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HAZLEMERE MANAGEMENT SERVICES LLP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
The Limited Liability Partnership operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the entity in an independently administered fund. The pension cost charge represents contributions payable by the entity to the fund and amounted to £91,752 (2025 - £84,140). Contributions outstanding at the year end were £14,629 (2025 - £15,018).
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Related party transactions
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The LLP has taken advantage of the exemption in FRS 102 and has not disclosed transactions with companies within the same 100%-owned group.
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Post balance sheet events
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There are no subsequent events that require disclosure or adjustments to the financial statements.
The immediate and ultimate parent undertaking of the LLP is Hazlemere Holdings Limited, a company incorporated in England and Wales, and whose registered address is Wellington Road, Cressex Industrial Estate, High Wycombe, Buckinghamshire, HP12 3PR.
There is no ultimate controlling party.
Consolidated accounts for Hazlemere Holdings Limited are available at Companies House, Crown Way, Maindy, Cardiff, CF14 3UZ. This is the only company in the group which prepares consolidated accounts in which the LLP is included.
The auditors' report on the financial statements for the year ended 31 January 2026 was unqualified and made no reference to any matters to which the auditor drew attention by way of emphasis.
The audit report was signed on 27 October 2026 by Simon Carr (Senior statutory auditor) on behalf of Barnes Roffe Audit Limited.
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