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Registered number: OC327946

GAP ASSOCIATES (UK) LLP

ACCOUNTS
FOR THE YEAR ENDED 31/03/2025

Prepared By:
Martin & Fahy Accountants LLP
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP

GAP ASSOCIATES (UK) LLP

ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
DESIGNATED MEMBERS
David Agg
Dorian Griffith
Roy Passey
REGISTERED OFFICE
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP
COMPANY NUMBER
OC327946
ACCOUNTANTS
Martin & Fahy Accountants LLP
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP

GAP ASSOCIATES (UK) LLP

BALANCE SHEET AT 31/03/2025
20252024
Notes££
FIXED ASSETS
Tangible assets2440,546550,682
CURRENT ASSETS
Cash at bank and in hand35,91228,788
35,91228,788
CREDITORS: Amounts falling due within one year1,6903,760
NET CURRENT ASSETS34,22225,028
TOTAL ASSETS LESS CURRENT LIABILITIES474,768575,710
CREDITORS: Amounts falling due after more than oneyear4175,000275,000
NET ASSETS ATTRIBUTABLE TO MEMBERS299,768300,710
MEMBERS ' OTHER INTERESTS
Capital accounts299,768300,710
299,768300,710
TOTAL MEMBERS' INTERESTS
Members' other interests299,768300,710
299,768300,710

GAP ASSOCIATES (UK) LLP

BALANCE SHEET AT 31/03/2025
For the year ending 31/03/2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 as modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts as modified 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
The members have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the members on 23/05/2025 and signed on their behalf by
.............................
David Agg
Designated Member
.............................
Dorian Griffith
Designated Member
.............................
Roy Passey
Designated Member

GAP ASSOCIATES (UK) LLP

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships.
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
2. TANGIBLE FIXED ASSETS
Land And
BuildingsTotal
££
Cost
At 01/04/2024550,682550,682
Disposals(110,136)(110,136)
At 31/03/2025440,546440,546
Depreciation
At 31/03/2025--
Net Book Amounts
At 31/03/2025440,546440,546
At 31/03/2024550,682550,682

GAP ASSOCIATES (UK) LLP

3. EMPLOYEES
20252024
No.No.
Average number of employees--
4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Bank loans and overdrafts175,000275,000
175,000275,000