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REGISTERED NUMBER: OC373904 (England and Wales)























Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Garside Waddingham Surveyors Llp

Garside Waddingham Surveyors Llp (Registered number: OC373904)

Contents of the Financial Statements
for the Year Ended 31 March 2023










Page

General Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Garside Waddingham Surveyors Llp

General Information
for the Year Ended 31 March 2023







DESIGNATED MEMBERS: G F Hoyle
K Newton
D J Gibbs





REGISTERED OFFICE: Unit 3 Navigation Business Village
Navigation Way
Ashton on Ribble
Preston
Lancashire
PR2 2YP





REGISTERED NUMBER: OC373904 (England and Wales)





ACCOUNTANTS: McDade Roberts Accountants Limited
Chartered Accountants
316 Blackpool Road
Fulwood
Preston
Lancashire
PR2 3AE

Garside Waddingham Surveyors Llp (Registered number: OC373904)

Statement of Financial Position
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 2,294 1,552
2,294 1,552

CURRENT ASSETS
Debtors 6 40,595 74,386
Cash at bank and in hand 28,751 78,076
69,346 152,462
CREDITORS
Amounts falling due within one year 7 19,980 31,177
NET CURRENT ASSETS 49,366 121,285
TOTAL ASSETS LESS CURRENT
LIABILITIES

51,660

122,837

CREDITORS
Amounts falling due after more than one
year

8

13,458

19,194
NET ASSETS ATTRIBUTABLE TO
MEMBERS

38,202

103,643

LOANS AND OTHER DEBTS DUE TO
MEMBERS

10

38,202

103,643

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 10 38,202 103,643
Amounts due from members 6 (9,974 ) -
28,228 103,643

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 2023.

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.

Garside Waddingham Surveyors Llp (Registered number: OC373904)

Statement of Financial Position - continued
31 March 2023


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 10 November 2023 and were signed by:





G F Hoyle - Designated member

Garside Waddingham Surveyors Llp (Registered number: OC373904)

Notes to the Financial Statements
for the Year Ended 31 March 2023


1. STATUTORY INFORMATION

Garside Waddingham Surveyors 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 preparation
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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

Government grants
Government grants are recognised as other income once there is reasonable assurance that all conditions relating to the grant have been attained and that the grant will be received.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 6 (2022 - 7 ) .

Garside Waddingham Surveyors Llp (Registered number: OC373904)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 164,000
AMORTISATION
At 1 April 2022
and 31 March 2023 164,000
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2022 3,936 2,037 37,409 43,382
Additions 1,392 - - 1,392
At 31 March 2023 5,328 2,037 37,409 44,774
DEPRECIATION
At 1 April 2022 2,896 2,037 36,897 41,830
Charge for year 364 - 286 650
At 31 March 2023 3,260 2,037 37,183 42,480
NET BOOK VALUE
At 31 March 2023 2,068 - 226 2,294
At 31 March 2022 1,040 - 512 1,552

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 16,103 33,606
Amounts due from members 9,974 -
Other debtors 12,133 35,302
Prepayments 2,385 5,478
40,595 74,386

Garside Waddingham Surveyors Llp (Registered number: OC373904)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Loans 5,970 6,061
Trade creditors 4,938 3,098
Pension Creditor 287 404
VAT 5,770 19,484
Accrued expenses 3,015 2,130
19,980 31,177

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Loans 6,122 6,061
Other loans - 2-5 years 7,336 13,133
13,458 19,194

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.23 31.3.22
£    £   
Bounce Back Loan 19,428 25,255

The UK Government have provided a 100% guarantee on the Bounce Back Loan Scheme (BBLS), borrowings obtained from National Westminster Bank PLC.

10. LOANS AND OTHER DEBTS DUE TO MEMBERS

Do not hold any priority over other creditors and therefore rank equally.