Company No: OC443044 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.03.2025		31.03.2024
		£		£
Current assets
Stocks		1,730,456		1,196,075
Debtors	3	285,329		3,002
		2,015,785		1,199,077
Creditors: amounts falling due within one year	4	( 2,015,783)		( 1,199,075)
Net current assets		2		2
Total assets less current liabilities		2		2
Net assets attributable to members		2		2
Represented by
Members' other interests
Members' capital classified as equity		2		2
		2		2
		2		2
Total members' interests
Members' other interests		2		2
		2		2

Goldthorpe Development Partnership LLP (registered number: OC443044) did not trade during the current or preceding financial period and has made neither profit nor loss, nor any other comprehensive income. For the financial year ending 31 March 2025 the LLP was entitled to exemption from audit under section 480 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

Members' responsibilities:

• The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Goldthorpe Development Partnership LLP (registered number: OC443044) were approved and authorised for issue by the Board of Directors on 01 December 2025. They were signed on its behalf by:

Fitzwilliam Development Company Limited Designated member

Equites Newlands (Goldthorpe) Ltd Designated member

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Goldthorpe Development Partnership LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales. The address of the LLP's registered office is Lumonics House Valley Drive, Swift Valley Industrial Estate, Rugby, CV21 1TQ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Limited Liability Partnerships Act 2000 as applicable to companies subject to the small companies regime and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships issued in December 2021 (SORP 2022).

The financial statements are presented in pounds sterling which is the functional currency of the partnership and rounded to the nearest £.

Turnover

Where a service is incomplete at the year end, turnover represents the value of the service provided to that date based on an appropriate proportion of the total expected consideration at completion. Invoices are not raised until a contract is complete so the value of incomplete services is included in accruals in the balance sheet.

Stocks

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Financial instruments

Classification
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a finance transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are only offset in the balance sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the limited liability partnership intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Recognition and Measurement
The limited liability partnership has chosen to apply the recognition and measurement principles in FRS 102.

Financial instruments are recognised when the limited liability partnership becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all of the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the limited liability partnership's obligations are discharged, expire or are cancelled.

Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

2. Employees

	Year ended 31.03.2025		Period from 01.08.2023 to 31.03.2024
	Number		Number
Monthly average number of persons employed by the LLP during the year	0		0

3. Debtors

	31.03.2025		31.03.2024
	£		£
VAT recoverable	285,327		3,000
Other debtors	2		2
	285,329		3,002

4. Creditors: amounts falling due within one year

	31.03.2025		31.03.2024
	£		£
Other loans	1,711,960		18,000
Accruals	303,823		1,181,075
	2,015,783		1,199,075