Registered No. OC348281 (England and Wales)
PQGB LLP
Unaudited accounts
for the year ended 30 June 2024
PQGB LLP
LLP Information
for the year ended 30 June 2024
Designated members
Mr Gregory David Mack Besterman
Mr Rufus Edward Besterman
Registered Number
OC348281 (England and Wales)
Registered Office
Little Brook House
Chastleton
Moreton-in-Marsh
Gloucestershire
GL56 0TA
England
Accountants
PJE Accountants & Advisors
23 College Street
Lampeter
Ceredigion
SA48 7DY
PQGB LLP
Statement of financial position
as at 30 June 2024
Tangible assets
2,457,347
2,096,496
Cash at bank and in hand
74,016
111,231
Creditors: amounts falling due within one year
(27,998)
(44,925)
Net current assets
870,643
893,698
Total assets less current liabilities
3,327,990
2,990,194
Creditors: amounts falling due after more than one year
(674,323)
(673,051)
Net assets attributable to members
2,653,667
2,317,143
Members' capital classified as equity
2,653,667
2,317,143
Members' other interests
2,653,667
2,317,143
For the year ending 30 June 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 11 March 2025.
Mr Gregory David Mack Besterman
Designated member
Limited Liability Partnership Registration No. OC348281
PQGB LLP
Notes to the Accounts
for the year ended 30 June 2024
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.
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:
Land & buildings
No Depreciation
PQGB LLP is a limited liability partnership, incorporated in England and Wales, registration number OC348281. Its registered office is Little Brook House, Chastleton, Moreton-in-Marsh, Gloucestershire, GL56 0TA, England.
3
Tangible fixed assets
Land & buildings
4
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
15,420
32,110
Other creditors
10,215
10,215
5
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
674,323
673,051
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
PQGB LLP
Notes to the Accounts
for the year ended 30 June 2024
7
Transactions with related parties
Hartwood Properties Ltd, a property development company is wholly owned by Gregory Besterman though not otherwise part of the group structure.
PQGB LLP's members are Property Quest Ltd
Mr G Besterman wholly owns the share capital of PQ UK Ltd which in turn wholly owns Property Quest Ltd
PQGB LLP has a loan outstanding to it from PQ UK Ltd. This loan is repayable on demand and is interest free.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).