Registration number: OC450114

MERCHANT T GUILDFORD LLP

Contents

Limited liability partnership information	1
Members' Report	2
Financial Statements	3 to 7
Profit and Loss Account	3
Balance Sheet	4
Statement of Changes in Members’ Interests	5
Notes to the Financial Statements	6

MERCHANT T GUILDFORD LLP

Limited liability partnership information

Designated members

Mr Jahid Akbar Mr Mohammed Pervez Akbar

Registered office

Ram Mill Gordon Street Chadderton Oldham OL9 9RH

Accountants

Pearlman Rose Chartered Accountants Suite 1, First Floor Jack Dash House 2 Lawn House Close London E14 9YQ

MERCHANT T GUILDFORD LLP

Members' Report for the Year Ended 5 April 2024

The members present their report and the unaudited financial statements for the year ended 5 April 2024.

Designated members

The members who held office during the year were as follows:

Mr Jahid Akbar (appointed 28 November 2023)

Mr Mohammed Pervez Akbar (appointed 28 November 2023)

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, as applied to limited liability partnerships.

Approved by the Board on 6 November 2025 and signed on its behalf by:

......................................... Mr Jahid Akbar Designated member

MERCHANT T GUILDFORD LLP

Profit and Loss Account for the Year Ended 5 April 2024

	Note	Total 2024 £
Turnover		-
Other operating expenses		(650)
Operating loss		(650)
Loss for the year before members' remuneration and profit shares		(650)
Loss for the year available for discretionary division among members		(650)

Turnover and operating profit derive wholly from continuing operations.

The limited liability partnership has no recognised gains or losses for the year other than the results above.

MERCHANT T GUILDFORD LLP

(Registration number: OC450114)
Balance Sheet as at 5 April 2024

	Note	2024 £
Fixed assets
Tangible assets	3	3,915,000
Current assets
Debtors	4	3,000
Net assets attributable to members		3,918,000
Represented by:
Members’ other interests
Members' capital classified as equity		3,918,650
Other reserves		(650)
		3,918,000
		3,918,000
Total members' interests
Equity		3,918,000
		3,918,000

For the year ending 5 April 2024 the limited liability partnership was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied to limited liability partnerships, relating to small entities.

These financial statements have been prepared in accordance with the provisions applicable to limited liability partnerships subject to the small limited liability partnerships regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The members acknowledge their responsibilities for complying with the requirements of the Act, as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 with respect to accounting records and the preparation of accounts.

The financial statements of MERCHANT T GUILDFORD LLP (registered number OC450114) were approved by the Board and authorised for issue on 6 November 2025. They were signed on behalf of the limited liability partnership by:

......................................... Mr Jahid Akbar Designated member

MERCHANT T GUILDFORD LLP

Statement of Changes in Members’ Interests
At 5 April 2024

	Equity
	Other reserves £	Total equity £	Total 2024 £
Loss for the financial year available for discretionary division among members	(650)	(650)	(650)
At 5 April 2024	(650)	(650)	(650)

MERCHANT T GUILDFORD LLP

Notes to the Financial Statements for the Year Ended 5 April 2024

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

General information and basis of accounting

The limited liability partnership is incorporated in England & Wales under the Limited Liability Partnership Act 2000. The address of the registered office is given on the limited liability partnership information page. The nature of the limited liability partnership’s operations and its principal activities are given in the members’ report.

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The functional currency of MERCHANT T GUILDFORD LLP is considered to be pounds sterling because that is the currency of the primary economic environment in which the limited liability partnership operates. Foreign operations are included in accordance with the policies set out below.

Members' remuneration and division of profits

The SORP recognises that the basis of calculating profits for allocation may differ from the profits reflected through the financial statements prepared in compliance with recommended practice, given the established need to seek to focus profit allocation on ensuring equity between different generations and populations of members.

Consolidation of the results of certain subsidiary undertakings, the provision for annuities to current and former members, pension scheme charges, the spreading of acquisition integration costs and the treatment of long leasehold interests are all items which may generate differences between profits calculated for the purpose of allocation and those reported within the financial statements. Where such differences arise, they have been included within other amounts in the balance sheet.

Members' fixed shares of profits (excluding discretionary fixed share bonuses) and interest earned on members' balances are automatically allocated and, are treated as members' remuneration charged as an expense to the profit and loss account in arriving at profit available for discretionary division among members.
The remainder of profit shares, which have not been allocated until after the balance sheet date, are treated in these financial statements as unallocated at the balance sheet date and included within other reserves.

Taxation

The taxation payable on the partnership's profits is the personal liability of the members, although payment of such liabilities is administered by the partnership on behalf of its members. Consequently, neither partnership taxation nor related deferred taxation is accounted for in these financial statements. Sums set aside in respect of members' tax obligations are included in the balance sheet within loans and other debts due to members, or are set against amounts due from members as appropriate.

Tangible fixed assets

Individual fixed assets costing £0.00 or more are initially recorded at cost.

MERCHANT T GUILDFORD LLP

Notes to the Financial Statements for the Year Ended 5 April 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the limited liability partnership will not be able to collect all amounts due according to the original terms of the receivables.

Members' interests

Amounts due to members after more than one year comprise provisions for annuities to current members and certain loans from members which are not repayable within twelve months of the balance sheet date.

2	Particulars of employees

The average number of persons employed by the limited liability partnership during the year was 0.

3	Tangible fixed assets

	Freehold land and buildings £	Total £
Cost
Additions	3,915,000	3,915,000
At 5 April 2024	3,915,000	3,915,000
Depreciation
At 5 April 2024	-	-
Net book value
At 5 April 2024	3,915,000	3,915,000

4

Debtors

	2024 £
Other debtors	3,000
Total current trade and other debtors	3,000

5

Control

The members are the controlling party by virtue of their controlling interest in the limited liability partnership. The ultimate controlling party is the same as the controlling party.