REGISTERED NUMBER: OC318076 (England and Wales)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2024 TO 30 SEPTEMBER 2024

FOR

G L BARKER & CO LLP

Page

General Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr G P Greenfield

Mrs S L O'Hagan

Mr M J Knaggs

REGISTERED OFFICE:

49 Austhorpe Road

Cross Gates

Leeds

West Yorkshire

LS15 8BA

REGISTERED NUMBER:

OC318076 (England and Wales)

ACCOUNTANTS:

G L Barker & Co LLP

Chartered Certified Accountants

49 Austhorpe Road

Cross Gates

Leeds

LS15 8BA

FIXED ASSETS

Intangible assets

4

540,000

580,000

Tangible assets

5

5,367

5,637

545,367

585,637

CURRENT ASSETS

Debtors

216,829

202,765

Cash at bank and in hand

6,715

5,802

223,544

208,567

CREDITORS

Amounts falling due within one year

105,089

92,875

NET CURRENT ASSETS

118,455

115,692

TOTAL ASSETS LESS CURRENT LIABILITIES

663,822

701,329

CREDITORS

Amounts falling due after more than one year

8,000

19,334

NET ASSETS ATTRIBUTABLE TO MEMBERS

655,822

681,995

LOANS AND OTHER DEBTS DUE TO MEMBERS

6

115,822

101,995

MEMBERS' OTHER INTERESTS

Capital accounts

540,000

580,000

655,822

681,995

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

115,822

101,995

Members' other interests

540,000

580,000

Amounts due from members

(72,626

)

(91,825

)

583,196

590,170

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 period ended 30 September 2024.

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.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 12 September 2025 and were signed by:

Mr M J Knaggs - Designated member

Mrs S L O'Hagan - Designated member

1.	STATUTORY INFORMATION

G L Barker & Co 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 (£).

The accounting reference date was changed to 30 September 2024 due to the retirement of a partner on 30 September 2024. This follows a change of accounting reference date in the previous year to 31 March 2024 to align with the tax year. Accordingly, the financial statements cover the 6 month period 01 April 2024 to 30 September 2024, with the comparatives covering the 11 month period 1 May 2023 to 31 March 2024. As a consequence, the comparative figures are not entirely comparable.

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

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.

Improvements to property

-

10% on cost

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

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 period was 7 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1 April 2024

580,000

Revaluations

(40,000

)

At 30 September 2024

540,000

NET BOOK VALUE

At 30 September 2024

540,000

At 31 March 2024

580,000

Cost or valuation at 30 September 2024 is represented by:

Totals

£

Valuation in 2009

180,000

Valuation in 2024

(40,000

)

Cost

400,000

540,000

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

104,117

Additions

594

At 30 September 2024

104,711

DEPRECIATION

At 1 April 2024

98,480

Charge for period

864

At 30 September 2024

99,344

NET BOOK VALUE

At 30 September 2024

5,367

At 31 March 2024

5,637

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up, members' other interests rank after unsecured creditors. Loans and other debts due to members rank pari passu with unsecured creditors in the event of a winding up. There is no further formal protection afforded to creditors in the event of a winding up.

Members are entitled to repayment of their capital when they retire or when they reduce their level of investment in the LLP.

Profits are allocated between members based on a fixed amount plus an additional share of the remaining profit. the fixed profit amounts and additional shares are determined at the end of the year, with any undrawn profits included in loans and other debts due to members. At 30 September 2024 all amounts included in loans and other debts due to members are in respect of profits.