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Registered number: OC433605

GBS Clearwater LLP

ACCOUNTS

FOR THE YEAR ENDED 31/10/2024

Prepared By:

David Stott Accountancy Services

59 Medhurst Crescent

Gravesend

Kent

DA12 4HJ

GBS Clearwater LLP

CONTENTS
		Page
Report of the Members		-
Profit and Loss Account		-
Balance Sheet		3
Notes to the Accounts		4
The following do not form part of the statutory financial statements:
Trading and Profit and Loss Account		-
Profit and Loss Account Summaries		-
Capital Accounts		-
Current Accounts		-

GBS Clearwater LLP

ACCOUNTS

FOR THE YEAR ENDED 31/10/2024

DESIGNATED MEMBERS

Prabjit Singh Bahra

Satwant Singh Bahra

Surjeet Kaur Bahra

REGISTERED OFFICE

38 Pleasant Street

Blackpool

Kent

FY1 2HU

COMPANY NUMBER

OC433605

BANKERS

Barclays

SOLICITORS

Gullards

ACCOUNTANTS

David Stott Accountancy Services

59 Medhurst Crescent

Gravesend

Kent

DA12 4HJ

GBS Clearwater LLP

BALANCE SHEET AT 31/10/2024
						2024				2023
		Notes				£				£
FIXED ASSETS
Investments		2				985,000				960,000
CURRENT ASSETS
Debtors		3		25,149				25,149
Cash at bank and in hand				5,356				5,356
				30,505				30,505
CREDITORS: Amounts falling due within one year				1,038,646				1,038,645
NET CURRENT LIABILITIES						(1,008,141)				(1,008,140)
NET LIABILITIES ATTRIBUTABLE TO MEMBERS						(23,141)				(48,140)
LOANS AND OTHER DEBTS DUE TO MEMBERS						25,277				17,311
MEMBERS ' OTHER INTERESTS
						25,277				17,311
TOTAL MEMBERS' INTERESTS
Loans and other debts due to members						25,277				17,311
						25,277				17,311
For the year ending 31/10/2024 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 14/10/2024 and signed on their behalf by
.............................
Prabjit Singh Bahra
Designated Member

GBS Clearwater LLP

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31/10/2024

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. Investments

Fixed asset investments are shown at cost less amounts written off.

Provisions are made for permanent fluctuations in value.

2. FINANCIAL ASSETS
		Other
		Investments		Total
		£		£
Cost
At 01/11/2023		960,000		960,000
Additions		25,000		25,000
At 31/10/2024		985,000		985,000
Amortisation
Net Book Amounts
At 31/10/2024		985,000		985,000
At 31/10/2023		960,000		960,000

3. DEBTORS				2024		2023
				£		£
Amounts falling due within one year:
Other Tax				20,490		20,490
Other Debtors				4,659		4,659
				25,149		25,149

GBS Clearwater LLP

4. EMPLOYEES
				2024		2023
				No.		No.
Average number of employees				-		-