1 August 2023 false No description of principal activity Taxfiler 2024.6 OC438550business:LimitedLiabilityPartnershipLLP2023-08-012024-03-31 OC4385502023-07-31 OC4385502023-08-012024-03-31 OC438550business:AuditExempt-NoAccountantsReport2023-08-012024-03-31 OC438550business:FullAccounts2023-08-012024-03-31 OC4385502024-03-31 OC438550business:PartnerLLP12023-08-012024-03-31 OC438550business:PartnerLLP22023-08-012024-03-31 OC438550business:RegisteredOffice2023-08-012024-03-31 OC4385502023-07-31 OC438550core:WithinOneYear2024-03-31 OC438550core:WithinOneYear2023-07-31 OC438550core:RevaluationReserve2024-03-31 OC438550core:RevaluationReserve2023-07-31 OC438550core:RetainedEarningsAccumulatedLosses2024-03-31 OC438550core:RetainedEarningsAccumulatedLosses2023-07-31 OC438550business:SmallEntities2023-08-012024-03-31 OC438550countries:EnglandWales2023-08-012024-03-31 OC438550core:LandBuildings2023-07-31 OC438550core:LandBuildings2024-03-31 OC4385502022-08-012023-07-31 iso4217:GBP xbrli:pure
Registered No. OC438550 (England and Wales)
GMRD LLP Unaudited accounts for the period from 1 August 2023 to 31 March 2024
GMRD LLP LLP Information for the period from 1 August 2023 to 31 March 2024
Designated members
Dr Ranjita Dhital
Mr Geoffrey Morrow
Registered Number
OC438550 (England and Wales)
Registered Office
8a Peacock Yard Iliffe Street London SE17 3LH England
Accountants
Cloud Tax Ltd 9-11 New Broadway Ealing London W5 5AW
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GMRD LLP Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,100,000 
1,100,000 
Investments
1,052 
1,052 
1,101,052 
1,101,052 
Current assets
Debtors
2,250 
2,536 
Cash at bank and in hand
1,642 
14,017 
3,892 
16,553 
Creditors: amounts falling due within one year
(419,461)
(420,841)
Net current liabilities
(415,569)
(404,288)
Net assets attributable to members
685,483 
696,764 
Represented by:
Loans and other debts due to members
531,974 
551,299 
Members' other interests
Revaluation reserve
124,000 
124,000 
Other reserves
29,509 
21,465 
153,509 
145,465 
685,483 
696,764 
Total members' interests
Loans and other debts due to members
531,974 
551,299 
Members' other interests
153,509 
145,465 
685,483 
696,764 
For the period ending 31 March 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 13 January 2025.
Mr Geoffrey Morrow Designated member Limited Liability Partnership Registration No. OC438550
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GMRD LLP Notes to the Accounts for the period from 1 August 2023 to 31 March 2024
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
2
Statutory information
GMRD LLP is a limited liability partnership, incorporated in England and Wales, registration number OC438550. Its registered office is 8a Peacock Yard, Iliffe Street, London, SE17 3LH, England.
3
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 August 2023
1,100,000 
At 31 March 2024
1,100,000 
Depreciation
At 31 March 2024
- 
Net book value
At 31 March 2024
1,100,000 
At 31 July 2023
1,100,000 
4
Investments
Other investments 
Cost
£ 
At 1 August 2023
1,052 
At 31 March 2024
1,052 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
410,295 
411,284 
Amounts owed to group undertakings and other participating interests
7,909 
7,909 
Other creditors
537 
270 
Accruals
720 
1,378 
419,461 
420,841 
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GMRD LLP Notes to the Accounts for the period from 1 August 2023 to 31 March 2024
6
Loans and other debts due to members
2024 
2023 
£ 
£ 
Loans from members
531,974 
551,299 
Amounts falling due within one year
531,974 
551,299 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the period the average number of employees was 2 (2023: 0).
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