Registered number
OC415349
Goldhill Mill Associates LLP
Unaudited Filleted Accounts
31 March 2025
Goldhill Mill Associates LLP
Registered number: OC415349
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 2,785 2,383
Current assets
Debtors 4 48,947 1,639
Cash at bank and in hand 13,206 83,270
62,153 84,909
Creditors: amounts falling due within one year 5 (2,682) (1,690)
Net current assets 59,471 83,219
Total assets less current liabilities 62,256 85,602
Net assets attributable to members 62,256 85,602
Represented by:
Loans and other debts due to members 6 62,256 85,602
62,256 85,602
Total members' interests
Loans and other debts due to members 6 62,256 85,602
62,256 85,602
For the year ended 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to 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.
The 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.
These accounts were approved by the members on 15 June 2025 and signed on their behalf by:
T Farazmand
Designated member
Goldhill Mill Associates LLP
Notes to the Accounts
for the year ended 31 March 2025
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is based on revenue earned from the rendering of services.
Division of profits
Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account.
Taxation
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% straight line
2 Employees 2025 2024
Number Number
Average number of persons employed by the LLP 0 0
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024 6,719
Additions 1,201
At 31 March 2025 7,920
Depreciation
At 1 April 2024 4,336
Charge for the year 799
At 31 March 2025 5,135
Net book value
At 31 March 2025 2,785
At 31 March 2024 2,383
4 Debtors 2025 2024
£ £
Other debtors 48,947 1,639
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 1,441 749
Other creditors 1,241 941
2,682 1,690
6 Loans and other debts due to members 2025 2024
£ £
Amounts due to members in respect of profits 62,256 85,602
Amounts falling due within one year 62,256 85,602
Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.
7 Other information
Goldhill Mill Associates LLP is a limited liability partnership incorporated in England. Its registered office is:
Goldhill Mill
Three Elm Lane
Tonbridge
Kent
TN11 0BA
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