Pilgrim Property Maintenance LLP

REGISTERED NUMBER: OC301955 (England and Wales)

PILGRIM PROPERTY MAINTENANCE LLP

REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

Ms S A Peploe

Mr G J Peploe

REGISTERED OFFICE:

12 Lawrence Gardens

Herne Bay

CT6 6NL

REGISTERED NUMBER:

OC301955 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

Chartered Certified Accountants

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

The members present their report with the financial statements of the LLP for the year ended 30 April 2025.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of general building and property maintenance.

DESIGNATED MEMBERS

The designated members during the year under review were:

Ms S A Peploe

Mr G J Peploe

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £2,733 (2024 - £52,758 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

Mr G J Peploe - Designated member

24 October 2025

TURNOVER

150,352

241,857

Cost of sales

(119,686

)

(160,416

)

GROSS PROFIT

30,666

81,441

Distribution costs

-

(5,740

)

Administrative expenses

(25,742

)

(20,836

)

OPERATING PROFIT

4

4,924

54,865

Interest receivable and similar income

61

47

4,985

54,912

Interest payable and similar expenses

(2,252

)

(2,154

)

PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE
FOR DISCRETIONARY DIVISION
AMONG MEMBERS

2,733

52,758

FIXED ASSETS

Tangible assets

5

14,253

18,931

CURRENT ASSETS

Debtors

6

68,969

66,123

Cash at bank

43,217

50,031

112,186

116,154

CREDITORS

Amounts falling due within one year

7

(22,935

)

(30,891

)

NET CURRENT ASSETS

89,251

85,263

TOTAL ASSETS LESS CURRENT
LIABILITIES

103,504

104,194

CREDITORS

Amounts falling due after more than one
year

8

(9,975

)

(15,416

)

NET ASSETS ATTRIBUTABLE TO
MEMBERS

93,529

88,778

LOANS AND OTHER DEBTS DUE TO
MEMBERS

9

93,529

88,778

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

93,529

88,778

Amounts due from members

6

(47,662

)

(33,323

)

45,867

55,455

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 30 April 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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 24 October 2025 and were signed by:

Mr G J Peploe - Designated member

1.	STATUTORY INFORMATION

Pilgrim Property Maintenance 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.

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 NIL (2024 - NIL).

4.	OPERATING PROFIT

The operating profit is stated after charging:

2025

2024

£

Depreciation - owned assets

4,678

6,229

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

COST

At 1 May 2024

and 30 April 2025

2,841

1,757

33,000

37,598

DEPRECIATION

At 1 May 2024

2,473

1,756

14,438

18,667

Charge for year

37

-

4,641

4,678

At 30 April 2025

2,510

1,756

19,079

23,345

NET BOOK VALUE

At 30 April 2025

331

1

13,921

14,253

At 30 April 2024

368

1

18,562

18,931

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

21,307

32,800

Amounts due from members

47,662

33,323

68,969

66,123

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Hire purchase contracts

5,440

Trade creditors

3,556

5,274

Social security and other taxes

570

1,426

VAT

11,894

15,036

Sundry creditors

1,475

3,715

22,935

30,891

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Hire purchase contracts

9,975

15,416

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Allocated profits are debts due to members which, unless otherwise agreed by the members, rank pari passu with ordinary creditors in the event of a winding up.