Limited Liability Partnership registration number OC413631 (England and Wales)
CHARLES GROSVENOR CONSTRUCTION LLP
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
CHARLES GROSVENOR CONSTRUCTION LLP
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 5
CHARLES GROSVENOR CONSTRUCTION LLP
ACCOUNTANTS' REPORT TO THE MEMBERS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CHARLES GROSVENOR CONSTRUCTION LLP FOR THE YEAR ENDED 31 MARCH 2025
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Charles Grosvenor Construction LLP for the year ended 31 March 2025 which comprise, the Balance Sheet and the related notes from the limited liability partnership’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance.

This report is made solely to the limited liability partnership's members of Charles Grosvenor Construction LLP, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Charles Grosvenor Construction LLP and state those matters that we have agreed to state to the limited liability partnership's members of Charles Grosvenor Construction LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Charles Grosvenor Construction LLP and its members as a body, for our work or for this report.

It is your duty to ensure that Charles Grosvenor Construction LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Charles Grosvenor Construction LLP. You consider that Charles Grosvenor Construction LLP 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 financial statements of Charles Grosvenor Construction LLP. 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 f inancial statements.

Ormerod Rutter Limited
25 November 2025
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
CHARLES GROSVENOR CONSTRUCTION LLP
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
361,247
391,134
Current assets
Debtors
4
11,631
6,093
Cash at bank and in hand
21,504
30,255
33,135
36,348
Creditors: amounts falling due within one year
5
(305,878)
(317,755)
Net current liabilities
(272,743)
(281,407)
Total assets less current liabilities and net assets attributable to members
88,504
109,727
Represented by:
Loans and other debts due to members within one year
Amounts due in respect of profits
88,504
109,727

For the financial year ended 31 March 2025 the limited liability partnership was entitled to exemption from audit under section 477 of the Companies Act 2006 as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small limited liability partnerships.

The members acknowledge their responsibilities for complying with the requirements of the Act as applied to limited liability partnerships 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 limited liability partnerships subject to the small limited liability partnerships' regime.

T he members of the limited liability partnership have elected not to include a copy of the profit and loss account within the financial statements.

The financial statements were approved by the members and authorised for issue on 25 November 2025 and are signed on their behalf by:
25 November 2025
Mr R G Annis
Designated member
Limited Liability Partnership registration number OC413631 (England and Wales)
CHARLES GROSVENOR CONSTRUCTION LLP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Limited liability partnership information

Charles Grosvenor Construction LLP is a limited liability partnership incorporated in England and Wales. The registered office is 300-302 Birchfield Road, Redditch, Worcestershire, B97 4LZ.

The limited liability partnership's principal activities are disclosed in the Members' Report.

1.1
Accounting convention

These financial statements have been prepared in accordance with the Statement of Recommended Practice "Accounting by Limited Liability Partnerships" issued in December 2021, together with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents the amounts recoverable for the services provided to clients, excluding value added tax, under contractual obligations which are performed gradually over time.

If, at the balance sheet date, completion of contractual obligations is dependent on external factors (and thus outside the control of the Limited Liability Partnership), then revenue is recognised only when the event occurs. In such cases, costs incurred up to the balance sheet date are carried forward as work in progress.

Once an unavoidable obligation has been created in favour of members through allocation of profits or other means, any undrawn profits remaining at the reporting date are shown as ‘Loans and other debts due to members’ to the extent they exceed debts due from a specific member.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Motor vehicles
15% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the profit and loss account.

1.4
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease d asset are consumed.

CHARLES GROSVENOR CONSTRUCTION LLP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
2
Employees

The average number of persons (excluding members) employed by the partnership during the year was:

2025
2024
Number
Number
Total
0
0
3
Tangible fixed assets
Motor vehicles
£
Cost
At 1 April 2024
450,417
Additions
80,225
Disposals
(85,108)
At 31 March 2025
445,534
Depreciation and impairment
At 1 April 2024
59,283
Depreciation charged in the year
56,672
Eliminated in respect of disposals
(31,668)
At 31 March 2025
84,287
Carrying amount
At 31 March 2025
361,247
At 31 March 2024
391,134
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
11,631
6,093
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
8,400
7,598
Taxation and social security
5,346
6,693
Other creditors
292,132
303,464
305,878
317,755
CHARLES GROSVENOR CONSTRUCTION LLP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
6
Loans and other debts due to members

In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.

2025-03-31 2024-04-01 false false 25 November 2025 CCH Software CCH Accounts Production 2025.300 false OC413631 2024-04-01 2025-03-31 OC413631 2025-03-31 OC413631 bus:PartnerLLP1 2024-04-01 2025-03-31 OC413631 2023-06-01 2024-03-31 OC413631 bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC413631 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC413631 bus:FRS102 2024-04-01 2025-03-31 OC413631 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 OC413631 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares