GG Partnership Limited

GG Partnership Limited
Contents Page
For the year ended 31 March 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

GG Partnership Limited Accountants' Report For the year ended 31 March 2025
Report to the directors on the preparation of the unaudited statutory accounts of GG Partnership Limited for the year ended 31 March 2025. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of GG Partnership Limited for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/ This report is made solely to the Board of Directors of GG Partnership Limited, as a body, in accordance with the terms of our engagement letter dated 03 December 2025 Our work has been undertaken solely to prepare for your approval the accounts of GG Partnership Limited and state those matters that we have agreed to state to the Board of Directors of GG Partnership Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GG Partnership Limited and its Board of Directors as a body for our work or for this report. It is your duty to ensure that GG Partnership Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of GG Partnership Limited. You consider that GG Partnership Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of GG Partnership Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. 31 March 2025 .................................................... Turner and Partners LLP 18 Morris Lane Bath Somerset BA1 7PP 03 December 2025 1

GG Partnership Limited
Accountants' Report
For the year ended 31 March 2025

Report to the directors on the preparation of the unaudited statutory accounts of GG Partnership Limited for the year ended 31 March 2025.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of GG Partnership Limited for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
This report is made solely to the Board of Directors of GG Partnership Limited, as a body, in accordance with the terms of our engagement letter dated 03 December 2025 Our work has been undertaken solely to prepare for your approval the accounts of GG Partnership Limited and state those matters that we have agreed to state to the Board of Directors of GG Partnership Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GG Partnership Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that GG Partnership Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of GG Partnership Limited. You consider that GG Partnership Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of GG Partnership Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
31 March 2025

....................................................
Turner and Partners LLP
18 Morris Lane
Bath
Somerset
BA1 7PP
03 December 2025

1

Registered Number: 09770977 GG Partnership Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	38,890	43,047
		38,890	43,047
Current assets
Debtors		48,916	45,860
Cash at bank and in hand		9,483	17,370
		58,399	63,230
Creditors: amount falling due within one year		(77,468)	(77,612)
Net current assets		(19,069)	(14,382)

Total assets less current liabilities		19,821	28,665
Creditors: amount falling due after more than one year		(12,458)	(20,513)
Provisions for liabilities		(6,998)	(7,750)
Net assets		365	402

Capital and reserves
Called up share capital		100	100
Profit and loss account		265	302
Shareholders' funds		365	402

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

Directors' 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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 03 December 2025 and were signed on its behalf by:

-------------------------------
Hugh Michael Knight Greenman
Director

2

GG Partnership Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

GG Partnership Limited is a private company, limited by shares, registered in , registration number 09770977, registration address Watersmeet, Gibbs Lane, Hullavington, SN14 6DS.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	7.5% Straight Line
Computer Equipment	25% Reducing Balance

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Computer Equipment	Total
	£	£	£
At 01 April 2024	47,990	6,628	54,618
Additions	-	482	482
Disposals	-	-	-
At 31 March 2025	47,990	7,110	55,100
Depreciation
At 01 April 2024	7,199	4,372	11,571
Charge for year	3,955	684	4,639
On disposals	-	-	-
At 31 March 2025	11,154	5,056	16,210
Net book values
Closing balance as at 31 March 2025	36,836	2,054	38,890
Opening balance as at 01 April 2024	40,791	2,256	43,047

3

Registered Number: 09770977

Abridged Accounts

for the year ended 31 March 2025
for
GG PARTNERSHIP LIMITED