Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Sheridan Gold LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DESIGNATED MEMBERS:

P L Sheridan

J Gold

REGISTERED OFFICE:

Hamilton House

87-89 Bell Street

Reigate

Surrey

RH2 7AN

REGISTERED NUMBER:

OC351316 (England and Wales)

ACCOUNTANTS:

Williams & Co Epsom LLP

Chartered Accountants

8-10 South Street

Epsom

Surrey

KT18 7PF

FIXED ASSETS

Tangible assets

4

193

1,123

CURRENT ASSETS

Debtors

5

114,641

96,356

Cash at bank

256,421

250,931

371,062

347,287

CREDITORS

Amounts falling due within one year

6

68,343

88,458

NET CURRENT ASSETS

302,719

258,829

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

302,912

259,952

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

302,912

259,952

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

302,912

259,952

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 8 September 2025 and were signed by:

P L Sheridan - Designated member

1.	STATUTORY INFORMATION

Sheridan Gold LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 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.

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

-

Straight line over 3 years

Computer equipment

-

Straight line over 3 years

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.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

2,015

60,424

62,439

DEPRECIATION

At 1 April 2024

1,816

59,500

61,316

Charge for year

92

838

930

At 31 March 2025

1,908

60,338

62,246

NET BOOK VALUE

At 31 March 2025

107

86

193

At 31 March 2024

199

924

1,123

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

50,287

66,851

Other debtors

4,737

3,172

Accrued income

48,437

18,403

Prepayments

11,180

7,930

114,641

96,356

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

VAT

54,488

73,072

Other creditors

-

2,830

Accrued expenses

13,855

12,556

68,343

88,458

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

£

Amounts owed to members in respect of profits

302,912

259,952

Falling due within one year

302,912

259,952

The loans and other debts due to members represents the Partner's capital accounts.

8.	OTHER FINANCIAL COMMITMENTS

The business has entered into a 24 month agreement from May 2023 to licence premises at £3,814 per month.

9.	ULTIMATE CONTROLLING PARTY

The LLP is controlled by P Sheridan and J Gold.