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REGISTERED NUMBER: OC342842 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

GOLDEN LEAVER LLP

GOLDEN LEAVER LLP (REGISTERED NUMBER: OC342842)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2024










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

GOLDEN LEAVER LLP

GENERAL INFORMATION
for the year ended 31 March 2024







DESIGNATED MEMBERS: J M F Golden
W Lewis





REGISTERED OFFICE: Ashbourne House
The Guildway
Old Portsmouth Road
Guildford
Surrey
GU3 1LR





REGISTERED NUMBER: OC342842 (England and Wales)





ACCOUNTANTS: Bessler Hendrie LLP
Chartered Accountants
Ashbourne House
The Guildway
Old Portsmouth Road
Guildford
Surrey
GU3 1LR

GOLDEN LEAVER LLP (REGISTERED NUMBER: OC342842)

BALANCE SHEET
31 March 2024

2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 4 5,630 9,229

CURRENT ASSETS
Debtors 5 63,163 120,317
Cash at bank 99,640 194,264
162,803 314,581
CREDITORS
Amounts falling due within one year 6 (28,874 ) (33,368 )
NET CURRENT ASSETS 133,929 281,213
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO MEMBERS 139,559 290,442

LOANS AND OTHER DEBTS DUE TO MEMBERS 7 139,559 290,442

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 139,559 290,442

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 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 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 15 November 2024 and were signed by:



J M F Golden - Designated member

GOLDEN LEAVER LLP (REGISTERED NUMBER: OC342842)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024


1. STATUTORY INFORMATION

Golden Leaver 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.

Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the ordinary nature of the business, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
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.

Work in progress
Work in progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

Members' remuneration
Profit shares are determined by the managing partner with each member eligible to a fixed share of profits. The remaining profits are distributed as per the managing partners discretion.

Financial instruments
Financial instruments are classified by the members as basic or complex, following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest rate method. The LLP has no complex financial instruments.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2023 - NIL).

GOLDEN LEAVER LLP (REGISTERED NUMBER: OC342842)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 April 2023 20,859
Additions 1,272
Disposals (4,362 )
At 31 March 2024 17,769
DEPRECIATION
At 1 April 2023 11,630
Charge for year 4,724
Eliminated on disposal (4,215 )
At 31 March 2024 12,139
NET BOOK VALUE
At 31 March 2024 5,630
At 31 March 2023 9,229

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 52,392 85,871
Amounts recoverable on contract 10,325 34,000
Other debtors 446 446
63,163 120,317

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 3,904 1,374
Taxation and social security 18,740 25,764
Other creditors 6,230 6,230
28,874 33,368

All liabilities to Coutts & Company, whether present or future, actual or contingent, are secured by way of a legal mortgage and fixed and floating charges over all of the assets of the LLP.

Further to this, JMF Golden, a designated member, has provided Coutts & Company with a personal guarantee which is limited to £100,000.

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of winding up, loans and other debts due to members rank after unsecured creditors. Members' other interests (other reserves) rank after unsecured creditors and no additional protection is afforded to creditors. Individual members' capital contributions are not repayable until the member retires from the LLP.

CHARTERED ACCOUNTANTS' REPORT TO THE MEMBERS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
GOLDEN LEAVER LLP


The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Golden Leaver LLP for the year ended 31 March 2024 which comprise the Profit and Loss Account, Balance Sheet, Reconciliation of Members' Interests and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the members of Golden Leaver LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Golden Leaver LLP and state those matters that we have agreed to state to the members of Golden Leaver LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Golden Leaver LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Golden Leaver LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Golden Leaver LLP. You consider that Golden Leaver LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Golden Leaver LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

This report should not be regarded as suitable to be used or relied on by any other party wishing to acquire any rights against Bessler Hendrie LLP for any purpose or in any context. Any party, other than the members, who obtains access to this report or a copy and chooses to rely on this report (or any part of it) will do so at its own risk.






Bessler Hendrie LLP
Chartered Accountants
Ashbourne House
The Guildway
Old Portsmouth Road
Guildford
Surrey
GU3 1LR


15 November 2024