IRIS Accounts Production v25.1.4.42 OC400213 designated member 1.4.24 31.3.25 31.3.25 No description of principal activity 0 0 false true false false false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC4002132024-03-31OC4002132025-03-31OC4002132024-04-012025-03-31OC4002132023-10-31OC4002132023-11-012024-03-31OC4002132024-03-31OC400213ns15:EnglandWales2024-04-012025-03-31OC400213ns14:PoundSterling2024-04-012025-03-31OC400213ns10:PartnerLLP12024-04-012025-03-31OC400213ns10:LimitedLiabilityPartnershipLLP2024-04-012025-03-31OC400213ns10:Micro-entities2024-04-012025-03-31OC400213ns10:AuditExemptWithAccountantsReport2024-04-012025-03-31OC400213ns10:LimitedLiabilityPartnershipsSORP2024-04-012025-03-31OC400213ns10:FullAccounts2024-04-012025-03-31OC400213ns5:CurrentFinancialInstruments2025-03-31OC400213ns5:CurrentFinancialInstruments2024-03-31OC400213ns5:Non-currentFinancialInstruments2025-03-31OC400213ns5:Non-currentFinancialInstruments2024-03-31OC400213ns10:RegisteredOffice2024-04-012025-03-31
REGISTERED NUMBER: OC400213 (England and Wales)











Unaudited Financial Statements for the Year Ended 31 March 2025

for

GilesSmith Wealth Management LLP

GilesSmith Wealth Management LLP (Registered number: OC400213)






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




Page

Income Statement 1

Balance Sheet 2


GilesSmith Wealth Management LLP (Registered number: OC400213)

Income Statement
for the Year Ended 31 March 2025

Period
1.11.23
Year Ended to
31.3.25 31.3.24
£    £   

TURNOVER 46,656 19,130

Other income 275 113

Depreciation and other amounts written off assets (11,039 ) (14,719 )

Other charges (32,311 ) (17,177 )

PROFIT/(LOSS) FOR THE FINANCIAL
YEAR BEFORE MEMBERS'
REMUNERATION AND PROFIT
SHARES



3,581



(12,653



)

GilesSmith Wealth Management LLP (Registered number: OC400213)

Balance Sheet
31 March 2025

31.3.25 31.3.24
£    £   
FIXED ASSETS 33,117 44,156

CURRENT ASSETS 28,053 21,597

CREDITORS
Amounts falling due within one year (10,132 ) (10,137 )
NET CURRENT ASSETS 17,921 11,460
TOTAL ASSETS LESS CURRENT
LIABILITIES

51,038

55,616

CREDITORS
Amounts falling due after more than one
year

(42,165

)

(50,324

)
NET ASSETS 8,873 5,292

LOANS AND OTHER DEBTS DUE TO MEMBERS 8,873 5,292

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

GilesSmith Wealth Management LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number: OC400213

Registered office: 27 East Street
Chichester
West Sussex
PO19 1HS

2. AVERAGE NUMBER OF EMPLOYEES

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



GilesSmith Wealth Management LLP (Registered number: OC400213)

Balance Sheet - continued
31 March 2025


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 micro-entity provisions.

The financial statements were approved by the members of the LLP and authorised for issue on 14 July 2025 and were signed by:





K J Smith - Designated member