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REGISTERED NUMBER: 14918384 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 30 June 2025

for

Longview Partnership Ltd

Longview Partnership Ltd (Registered number: 14918384)






Contents of the Financial Statements
for the Year Ended 30 June 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Longview Partnership Ltd

Company Information
for the Year Ended 30 June 2025







DIRECTORS: Mrs H E Peach
Mr P W Trapp
Mr N P Trapp





REGISTERED OFFICE: The Old School
Cold Ashton
Chippenham
Wilts
SN14 8JU





REGISTERED NUMBER: 14918384 (England and Wales)

Longview Partnership Ltd (Registered number: 14918384)

Balance Sheet
30 June 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 847,076 847,235

CURRENT ASSETS
Cash at bank 789 1,416

CREDITORS
Amounts falling due within one year 5 849,133 863,743
NET CURRENT LIABILITIES (848,344 ) (862,327 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,268

)

(15,092

)

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings (1,271 ) (15,095 )
(1,268 ) (15,092 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2025 and were signed on its behalf by:




Mrs H E Peach - Director Mr N P Trapp - Director




Mr P W Trapp - Director


Longview Partnership Ltd (Registered number: 14918384)

Notes to the Financial Statements
for the Year Ended 30 June 2025

1. STATUTORY INFORMATION

Longview Partnership Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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 - 25% on straight line basis

Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Longview Partnership Ltd (Registered number: 14918384)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2025

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST
At 1 July 2024
and 30 June 2025 846,757 637 847,394
DEPRECIATION
At 1 July 2024 - 159 159
Charge for year - 159 159
At 30 June 2025 - 318 318
NET BOOK VALUE
At 30 June 2025 846,757 319 847,076
At 30 June 2024 846,757 478 847,235

Longview Partnership Ltd (Registered number: 14918384)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2025

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Directors' current accounts 848,502 863,142
Accruals and deferred income 631 601
849,133 863,743

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 30 June 2025 and the period ended 30 June 2024:

2025 2024
£    £   
Mrs H E Peach
Balance outstanding at start of year (297,633 ) -
Amounts advanced (120 ) (300,444 )
Amounts repaid 6,000 2,811
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (291,753 ) (297,633 )

Mr N P Trapp
Balance outstanding at start of year (267,877 ) -
Amounts advanced (120 ) (283,382 )
Amounts repaid 3,000 15,505
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (264,997 ) (267,877 )

Mr P W Trapp
Balance outstanding at start of year (297,633 ) -
Amounts advanced (120 ) (299,882 )
Amounts repaid 6,000 2,249
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (291,753 ) (297,633 )