Growth Leadership LLP - Filleted accounts

Registered number

OC452766

Growth Leadership LLP

Filleted Accounts

For the Period

21 June 2024 to 31 March 2025

Growth Leadership LLP
Registered number:		OC452766
Balance Sheet
as at 31 March 2025
Notes		2025
£
Fixed assets
Tangible assets	3	2,483
Current assets
Debtors	4	35,998
Cash at bank and in hand		287,192
		323,190

Creditors: amounts falling due within one year	5	(94,856)

Net current assets		228,334

Total assets less current liabilities		230,817



Net assets attributable to members		230,817

Represented by:
Loans and other debts due to members	6	2,896

Members' other interests
Other reserves		227,921

		230,817

Total members' interests
Loans and other debts due to members	6	2,896
Members' other interests		227,921

		230,817

For the period ended 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to LLPs).
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.

These accounts were approved by the members on 7 November 2025 and signed on their behalf by:


Alex Cole
Designated member

Growth Leadership LLP
Notes to the Accounts
for the period from 21 June 2024 to 31 March 2025

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Division of profits
	Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account.

	Taxation
	Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Furniture and fixtures	20% on the written down value per annum
	Office equipment	33 1/3% straight line per annum

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Members' capital
	Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees			2025
Number

	Average number of persons employed by the LLP			0


3	Tangible fixed assets
		Fixtures and fittings		Office equipment		Total
£			£		£
	Cost
	Additions	301		3,363		3,664
	At 31 March 2025	301		3,363		3,664

	Depreciation
	Charge for the period	60		1,121		1,181
	At 31 March 2025	60		1,121		1,181

	Net book value
	At 31 March 2025	241		2,242		2,483


4	Debtors			2025
£

	Trade debtors			35,998


5	Creditors: amounts falling due within one year			2025
£

	Trade creditors and income in advance			84,917
	Other taxes and social security costs			9,939
				94,856


6	Loans and other debts due to members			2025
£

	Introduced by members			2,896

	Amounts falling due within one year			2,896

	Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.


7	Other information

	Growth Leadership LLP is a limited liability partnership incorporated in England. Its registered office is:
	4 Surrey Mount
	London
	SE23 3PF