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REGISTERED NUMBER: OC327999 (England and Wales)












Report of the Members and

Unaudited Financial Statements

for the Period 1 April 2024 to 31 August 2024

for

The Surveyors Partnership LLP

The Surveyors Partnership LLP (Registered number: OC327999)






Contents of the Financial Statements
for the Period 1 April 2024 to 31 August 2024




Page

General Information 1

Report of the Members 2

Income Statement 3

Statement of Financial Position 4

Notes to the Financial Statements 5


The Surveyors Partnership LLP

General Information
for the Period 1 April 2024 to 31 August 2024







DESIGNATED MEMBERS: A Chantler
S J Chantler





REGISTERED OFFICE: Shadwell House
65 Lower Green Road
Rusthall
Tunbridge Wells
TN4 8TW





REGISTERED NUMBER: OC327999 (England and Wales)





ACCOUNTANTS: Peter Hodgson & Co.
Chartered Accountants
Shadwell House
65 Lower Green Road
Tunbridge Wells
Kent
TN4 8TW

The Surveyors Partnership LLP (Registered number: OC327999)

Report of the Members
for the Period 1 April 2024 to 31 August 2024

The members present their report with the financial statements of the LLP for the period 1 April 2024 to 31 August 2024.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the period under review was that of property surveying services.

DESIGNATED MEMBERS
The designated members during the period under review were:

A Chantler
S J Chantler

RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS
The loss for the period before members' remuneration and profit shares was £23,793 (2024 - £34,976 loss).

MEMBERS' INTERESTS
Subscriptions of capital and repayment of same are agreed among the members as and when required, there are no formal policies in place with regard to these matters.

ON BEHALF OF THE MEMBERS:





A Chantler - Designated member


2 October 2024

The Surveyors Partnership LLP (Registered number: OC327999)

Income Statement
for the Period 1 April 2024 to 31 August 2024

Period
1.4.24
to Year Ended
31.8.24 31.3.24
Notes £    £   

REVENUE 1,742 62,715

Cost of sales 15,594 77,743
GROSS LOSS (13,852 ) (15,028 )

Administrative expenses 8,040 19,948
(21,892 ) (34,976 )

Other operating income (1,901 ) -
OPERATING LOSS and
LOSS FOR THE FINANCIAL PERIOD
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE
FOR DISCRETIONARY DIVISION
AMONG MEMBERS




(23,793




)




(34,976




)

The Surveyors Partnership LLP (Registered number: OC327999)

Statement of Financial Position
31 August 2024

2024 2024
Notes £    £    £    £   
ASSETS

FIXED ASSETS
Property, plant and equipment 5 - 1,902

CURRENT ASSETS
Debtors 6 18,838 14,245
Cash at bank 3,399 15,885
22,237 30,130
22,237 32,032

CAPITAL, RESERVES AND LIABILITIES

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

21,546

27,495

CREDITORS 8 691 4,537
22,237 32,032

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 21,546 27,495
Amounts due from members 6 (18,838 ) (994 )
2,708 26,501

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 period ended 31 August 2024.

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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 2 October 2024 and were signed by:



A Chantler - Designated member

The Surveyors Partnership LLP (Registered number: OC327999)

Notes to the Financial Statements
for the Period 1 April 2024 to 31 August 2024

1. STATUTORY INFORMATION

The Surveyors 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.

Significant judgements and estimates
There are no significant judgements or estimates pertaining to these accounts that the members feel need to be brought to the attention of users of these accounts.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Financial instruments
Basic financial instruments comprising debtors, bank and cash balances are recorded at fair value.

Functional currency
The functional currency used by the LLP is £ Sterling.

3. EMPLOYEE INFORMATION

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

4. OPERATING LOSS

The operating loss is stated after charging:

Period
1.4.24
to Year Ended
31.8.24 31.3.24
£    £   
Depreciation - owned assets - 633

The Surveyors Partnership LLP (Registered number: OC327999)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 August 2024

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and
fittings
£   
COST
At 1 April 2024 41,175
Disposals (41,175 )
At 31 August 2024 -
DEPRECIATION
At 1 April 2024 39,273
Eliminated on disposal (39,273 )
At 31 August 2024 -
NET BOOK VALUE
At 31 August 2024 -
At 31 March 2024 1,902

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2024
£    £   
Trade debtors - 10,908
Amounts due from members 18,838 994
Prepayments and accrued income - 2,343
18,838 14,245

7. LOANS AND OTHER DEBTS DUE TO MEMBERS
2024 2024
£    £   
Amounts owed to members in respect of profits 21,546 27,495

Falling due within one year 21,546 27,495

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2024
£    £   
Social security and other taxes - 1,875
Accrued expenses 691 2,662
691 4,537