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REGISTERED NUMBER: OC319933 (England and Wales)









REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

JEREMY GILES LLP

JEREMY GILES LLP (REGISTERED NUMBER: OC319933)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


JEREMY GILES LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DESIGNATED MEMBERS: Mrs S L Giles
J L Giles
A M Giles





REGISTERED OFFICE: 42A High Street
Broadstairs
Kent
CT10 1JT





REGISTERED NUMBER: OC319933 (England and Wales)





ACCOUNTANTS: Kemps Accounting Solutions Limited
Chartered Accountants
42A High Street
Broadstairs
Kent
CT10 1JT

JEREMY GILES LLP (REGISTERED NUMBER: OC319933)

REPORT OF THE MEMBERS
FOR THE YEAR ENDED 31 MARCH 2025

The members present their report with the financial statements of the LLP for the year ended 31 March 2025.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the year under review was that of business advisory services.

DESIGNATED MEMBERS
The designated members during the year under review were:

Mrs S L Giles
J L Giles
A M Giles

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The loss for the year before members' remuneration and profit shares was £22,029 (2024 - £10,239 loss).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





J L Giles - Designated member


9 June 2025

JEREMY GILES LLP (REGISTERED NUMBER: OC319933)

INCOME STATEMENT
FOR THE YEAR ENDED 31 MARCH 2025

31.3.25 31.3.24
Notes £    £   

TURNOVER - 15,400

Cost of sales - 5,180
GROSS PROFIT - 10,220

Administrative expenses 22,029 20,459
OPERATING LOSS and
LOSS FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE
FOR DISCRETIONARY DIVISION
AMONG MEMBERS




(22,029




)




(10,239




)

JEREMY GILES LLP (REGISTERED NUMBER: OC319933)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 7,024 807

CURRENT ASSETS
Cash at bank 6,011 16,519

CREDITORS
Amounts falling due within one year 6 58,453 58,423
NET CURRENT LIABILITIES (52,442 ) (41,904 )
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET LIABILITIES ATTRIBUTABLE TO
MEMBERS

(45,418

)

(41,097

)

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

MEMBERS' OTHER INTERESTS
Capital accounts (45,418 ) (41,097 )
(45,418 ) (41,097 )

TOTAL MEMBERS' INTERESTS
Members' other interests (45,418 ) (41,097 )

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 2025.

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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 9 June 2025 and were signed by:



J L Giles - Designated member

JEREMY GILES LLP (REGISTERED NUMBER: OC319933)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Jeremy Giles 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - Straight line over 14 years

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2024 - NIL).

4. OPERATING LOSS

The operating loss is stated after charging:

31.3.25 31.3.24
£    £   
Depreciation - owned assets 2,342 519

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 3,747
Additions 8,559
Disposals (1,000 )
At 31 March 2025 11,306
DEPRECIATION
At 1 April 2024 2,940
Charge for year 2,342
Eliminated on disposal (1,000 )
At 31 March 2025 4,282
NET BOOK VALUE
At 31 March 2025 7,024
At 31 March 2024 807

JEREMY GILES LLP (REGISTERED NUMBER: OC319933)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other creditors 58,453 58,423