REGISTERED NUMBER: OC318407 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

GOULD PROPERTY CONSULTANTS LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

T M Mole

J D Holt

M J Comber

R S Harrington

M J Doherty

REGISTERED OFFICE:

2 Lucastes Mews

Paddockhall Road

Haywards Heath

West Sussex

RH16 1HE

REGISTERED NUMBER:

OC318407 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

52,417

32,363

52,417

32,363

CURRENT ASSETS

Amount receivable on contracts

32,915

38,871

Debtors

6

225,434

212,942

Cash at bank and in hand

49,881

80,247

308,230

332,060

CREDITORS

Amounts falling due within one year

7

(141,387

)

(115,283

)

NET CURRENT ASSETS

166,843

216,777

TOTAL ASSETS LESS CURRENT LIABILITIES

219,260

249,140

CREDITORS

Amounts falling due after more than one year

8

(200,000

)

(200,000

)

NET ASSETS ATTRIBUTABLE TO MEMBERS

19,260

49,140

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

19,260

49,140

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

19,260

49,140

Amounts due from members

6

(9,755

)

(7,073

)

9,505

42,067

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 14 September 2025 and were signed by:

T M Mole - Designated member

J D Holt - Designated member

1.	STATUTORY INFORMATION

Gould Property Consultants 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.

Related party exemption

The LLP has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax, plus the amounts recoverable on contracts.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of nil 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.

Short leasehold improvements

-

over the period of the lease

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Amounts receivable on contracts

Both fee income and recharged costs are billed and recognised in the period the work was completed or the costs incurred. For the financial year, income is recognised to reflect the partial performance of the contractual obligations.

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.

Members capital and profits

Members; capital and rights to profit are classified in accordance with the substance of its contractual obligations. Capital is accounted for as a liability unless the LLP has an unconditional right to retain it, then it is treated as an equity interest. Profit is accounted for as a liability and classified as members' remuneration treated as an expense in the profit and loss account unless the LLP has an unconditional right to retain it, then it is treated as an equity interest until allocated by the LLP. Other amounts payable to members are subject to the same analysis and accounted for accordingly.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 14 (2024 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

12,000

AMORTISATION

At 1 April 2024

and 31 March 2025

12,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Short

Fixtures

leasehold

and

Motor

Computer

improvements

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

16,991

3,180

101,310

53,687

175,168

Additions

-

-

46,999

8,434

55,433

Disposals

-

-

(70,137

)

-

(70,137

)

At 31 March 2025

16,991

3,180

78,172

62,121

160,464

DEPRECIATION

At 1 April 2024

16,991

3,180

71,479

51,155

142,805

Charge for year

-

-

4,774

2,602

7,376

Eliminated on disposal

-

-

(42,134

)

-

(42,134

)

At 31 March 2025

16,991

3,180

34,119

53,757

108,047

NET BOOK VALUE

At 31 March 2025

-

-

44,053

8,364

52,417

At 31 March 2024

-

-

29,831

2,532

32,363

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

163,289

155,771

Other debtors

62,145

57,171

225,434

212,942

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

62,887

48,284

Taxation and social security

64,641

45,069

Other creditors

13,859

21,930

141,387

115,283

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

200,000

200,000

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

£

Amounts owed to members in respect of profits

19,260

49,140

Falling due within one year

19,260

49,140

The amounts due to members ranks equally in relation to creditors.

10.	RELATED PARTY DISCLOSURES

At the year end the following loan amounts were due to the following parties related to the partners:

2025

2024

Miss I J Baker

-

62,000

Mrs J M Mole

70,000

60,000

Mrs C Holt

60,000

50,000

Mrs H Harrington

20,000

6,000

Mrs H Kemp

40,000

22,000

Mr M Doherty

10,000

-

These loans, which are unsecured, fall due to be repaid after more than one year and are subject to interest, payable at 10% per annum. The interest charged in the year was £20,000.

11.	ULTIMATE CONTROLLING PARTY

The entity is controlled by the designated members