1 July 2023 false Taxfiler 2024.6 OC348281business:LimitedLiabilityPartnershipLLP2023-07-012024-06-30 OC3482812023-06-30 OC3482812023-07-012024-06-30 OC348281business:AuditExempt-NoAccountantsReport2023-07-012024-06-30 OC348281business:FullAccounts2023-07-012024-06-30 OC3482812024-06-30 OC348281business:PartnerLLP12023-07-012024-06-30 OC348281business:PartnerLLP22023-07-012024-06-30 OC348281business:RegisteredOffice2023-07-012024-06-30 OC3482812023-06-30 OC348281core:WithinOneYear2024-06-30 OC348281core:WithinOneYear2023-06-30 OC348281core:AfterOneYear2024-06-30 OC348281core:AfterOneYear2023-06-30 OC348281core:ShareCapital2024-06-30 OC348281core:ShareCapital2023-06-30 OC348281business:SmallEntities2023-07-012024-06-30 OC348281core:LandBuildings2023-07-012024-06-30 OC348281countries:EnglandWales2023-07-012024-06-30 OC348281core:LandBuildings2023-06-30 OC348281core:LandBuildings2024-06-30 OC3482812022-07-012023-06-30 iso4217:GBP xbrli:pure
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
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PQGB LLP Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,457,347 
2,096,496 
Current assets
Debtors
824,625 
827,392 
Cash at bank and in hand
74,016 
111,231 
898,641 
938,623 
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 
Represented by:
Members' other interests
Members' capital classified as equity
2,653,667 
2,317,143 
2,653,667 
2,317,143 
Total members' interests
Members' other interests
2,653,667 
2,317,143 
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
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PQGB LLP Notes to the Accounts for the year ended 30 June 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:
Land & buildings
No Depreciation
2
Statutory information
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 
£ 
Cost or valuation
At cost 
At 1 July 2023
2,096,496 
Additions
360,851 
At 30 June 2024
2,457,347 
Depreciation
At 30 June 2024
- 
Net book value
At 30 June 2024
2,457,347 
At 30 June 2023
2,096,496 
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
15,420 
32,110 
Other creditors
10,215 
10,215 
Accruals
2,363 
2,600 
27,998 
44,925 
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.
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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).
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