REGISTERED NUMBER: OC348749 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Gaymer Properties LLP

Page

General Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr J G Gaymer

Mrs S E Gaymer

Mrs K L Jessop-Gaymer

Mrs R Savage

REGISTERED OFFICE:

Dunstead Farm

Trueloves Lane

Ingatestone

Essex

CM4 0NJ

REGISTERED NUMBER:

OC348749 (England and Wales)

ACCOUNTANTS:

Hardcastle Burton LLP

Lake House

Market Hill

Royston

Hertfordshire

SG8 9JN

SOLICITORS:

Ellisons Solicitors - Colchester

Headgate Court

Head Street

Colchester

Essex

CO1 1NP

FIXED ASSETS

Tangible assets

4

1,945,000

1,945,000

CURRENT ASSETS

Cash at bank

140,741

87,921

CREDITORS

Amounts falling due within one year

8,635

7,523

NET CURRENT ASSETS

132,106

80,398

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

2,077,106

2,025,398

LOANS AND OTHER DEBTS DUE TO MEMBERS

5

2,077,106

2,025,398

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

5

2,077,106

2,025,398

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 13 October 2025 and were signed by:

Mr J G Gaymer - Designated member

Mrs R Savage - Designated member

1.	STATUTORY INFORMATION

Gaymer Properties 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 as modified by the revaluation of certain assets.

Significant judgements and estimates

In the application of the limited liability partnership's accounting policies, the members are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of revision and the future periods where the revision affects both current and future periods.

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

Investment properties are held at fair value in accordance with FRS 102. The members have considered the carrying value of the investment properties as at 31 March 2024 and concluded that these valuations reflect the open market value of these investment properties at year end.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

1,945,000

NET BOOK VALUE

At 31 March 2025

1,945,000

At 31 March 2024

1,945,000

Investment properties were formally valued by Mrs R Savage MRICS, a member of the LLP, in February 2022 at £1,945,000. A review was undertaken at the year end by Mrs R Savage MRICS which confirmed the value was not materially different. No depreciation has been provided in respect of these properties in this or the previous year.

On an historic cost basis, the investment properties would have been included at an original cost of £1,294,768 (2024: £1,294,768).

Cost or valuation at 31 March 2025 is represented by:

Totals

£

Valuation in 2023

260,000

Cost

1,685,000

1,945,000

5.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up, the amounts included in 'Loans and other debts due to members' will rank equally with unsecured creditors.