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REGISTERED NUMBER: OC369994 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

89 Borough Road Lettings LLP

89 Borough Road Lettings LLP (Registered number: OC369994)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 3


89 Borough Road Lettings LLP

General Information
for the Year Ended 31 March 2025







DESIGNATED MEMBERS: Mrs G Branson
M Branson





REGISTERED OFFICE: 71 Borough Road
Middlesbrough
United Kingdom
TS1 3AA





REGISTERED NUMBER: OC369994 (England and Wales)





ACCOUNTANTS: Milner Smeaton
Chartered Accountants and Chartered Tax Advisers
Viking House
Falcon Court
Preston Farm
Stockton-on-Tees
TS18 3TS

89 Borough Road Lettings LLP (Registered number: OC369994)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,084 8,009
1,084 8,009

CURRENT ASSETS
Debtors 82,245 91,255
Cash at bank 2,118 2,425
84,363 93,680
CREDITORS
Amounts falling due within one year 6 33,151 49,937
NET CURRENT ASSETS 51,212 43,743
TOTAL ASSETS LESS CURRENT
LIABILITIES

52,296

51,752

CREDITORS
Amounts falling due after more than one year 7 52,296 51,752
NET LIABILITIES ATTRIBUTABLE TO
MEMBERS

-

-

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

TOTAL MEMBERS' INTERESTS
Amounts due from members (82,245 ) (91,255 )

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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 10 July 2025 and were signed by:



Mrs G Branson - Designated member

89 Borough Road Lettings LLP (Registered number: OC369994)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

89 Borough Road Lettings LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of eight years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on reducing balance
Motor vehicles - 25% on cost
Computer equipment - 33% on reducing balance and 20% on cost

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 3 (2024 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 18,750
AMORTISATION
At 1 April 2024
and 31 March 2025 18,750
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

89 Borough Road Lettings LLP (Registered number: OC369994)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 49,196
DEPRECIATION
At 1 April 2024 41,187
Charge for year 6,925
At 31 March 2025 48,112
NET BOOK VALUE
At 31 March 2025 1,084
At 31 March 2024 8,009

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 11,684 10,954
Hire purchase contracts 4,030 24,284
Trade creditors 510 678
Taxation and social security 14,061 9,967
Other creditors 2,866 4,054
33,151 49,937

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans 39,922 51,752
Hire purchase contracts 12,374 -
52,296 51,752

8. OTHER FINANCIAL COMMITMENTS

At the year end the company has operating lease commitments of £35,847 (2024: £55,150).