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Registration number: 07278632

Grosvenor International Partners Ltd
Annual Report and Unaudited Financial Statements
for the Year Ended 31 March 2025

Grosvenor International Partners Ltd

Contents

Company Information | 1
Profit and Loss Account and Statement of Retained Earnings | 2
Balance Sheet | 3
Notes to the Unaudited Financial Statements | 4 to 6

Grosvenor International Partners Ltd

Company Information

Director | Mr D N Walters

Registered office | Bishop House 10 Wheat Street Brecon Powys LD3 7DG

Bankers | HSBC Bank plc 60 Queen Victoria Street London EC4N 4TR

Accountants | W J James & Co Chartered AccountantsBishop House 10 Wheat Street Brecon Powys LD3 7DG

Grosvenor International Partners Ltd

Profit and Loss Account and Statement of Retained Earnings for the Year Ended 31 March 2025

| Note | 2025 £ | 2024 £
Turnover |  | 36,867 | 44,667
Administrative expenses |  | (20,731) | (30,502)
Operating profit |  | 16,136 | 14,165
Interest payable and similar charges |  | (428) | (2)
|  | (428) | (2)
Profit before tax |  | 15,708 | 14,163
Taxation |  | (2,985) | (2,691)
Profit for the financial year |  | 12,723 | 11,472
Retained earnings brought forward |  | 35,331 | 48,860
Dividends paid |  | (25,000) | (25,000)
Retained earnings carried forward |  | 23,054 | 35,332

Grosvenor International Partners Ltd

(Registration number: 07278632)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Debtors | 4 | 188 | 6
Cash at bank and in hand |  | 28,663 | 48,862
|  | 28,851 | 48,868
Creditors: Amounts falling due within one year | 5 | (5,791) | (13,530)
Net assets |  | 23,060 | 35,338
Capital and reserves |  |  |
Called up share capital |  | 6 | 6
Retained earnings |  | 23,054 | 35,332
Shareholders' funds |  | 23,060 | 35,338

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 7 November 2025

......................................... Mr D N Walters Director

Grosvenor International Partners Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Bishop House
10 Wheat Street
Brecon
Powys
LD3 7DG
Wales

The principal place of business is:
Trewen
3 Glannoney Gardens
Llangattock
Crickhowell
Powys
NP8 1HQ
Wales

These financial statements were authorised for issue by the director on 7 November 2025.

2 | 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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements are presented in sterling, which is the functional currency of the company, and rounded to the nearest £1.

Revenue recognition

Turnover represents fees charged for executive search assignments successfully completed by the company, stated net of Value Added Tax. Revenue is recognised on completion of the assignment when the subject of the assignment has commenced employment with the client company.

Foreign currency transactions and balances

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

Tax

The tax expense for the period comprises of current tax and it is recognised in profit or loss.

Grosvenor International Partners Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from executive search assignments successfully completed.
Trade debtors are recognised at the transaction price.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities.
Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash received .

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4 | Debtors

Current | 2025 £ | 2024 £
Other debtors | 188 | 6
| 188 | 6

Grosvenor International Partners Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 2,984 | 11,381
Accruals and deferred income | 2,252 | 1,594
Other creditors | 555 | 555
| 5,791 | 13,530

6 | Dividends

Interim dividends paid

|  | 2025 £ |  | 2024 £
Interim dividend of £25,000.00 per each C |  | 25,000 |  | 25,000
Interim dividend of £Nil per each A |  | - |  | -
|  | 25,000 |  | 25,000