REGISTERED NUMBER: OC338241 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

PODIUM SURVEYING LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

S Buckley

J Paine

H Wong

REGISTERED OFFICE:

Unit 307 Building J

The Biscuit Factory

Drummond Road

London

SE16 4DG

REGISTERED NUMBER:

OC338241 (England and Wales)

ACCOUNTANTS:

Plus Accounting

Chartered Accountants

Preston Park House

South Road

Brighton

East Sussex

BN1 6SB

FIXED ASSETS

Tangible assets

4

47,484

7,200

CURRENT ASSETS

Debtors

5

346,018

259,913

Cash at bank

103,056

73,897

449,074

333,810

CREDITORS

Amounts falling due within one year

6

(109,222

)

(115,614

)

NET CURRENT ASSETS

339,852

218,196

TOTAL ASSETS LESS CURRENT LIABILITIES

387,336

225,396

CREDITORS

Amounts falling due after more than one year

7

(30,095

)

-

NET ASSETS ATTRIBUTABLE TO MEMBERS

357,241

225,396

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

357,241

225,396

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

357,241

225,396

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 31 March 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 and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 8 December 2025 and were signed by:

S Buckley - Designated member

1.	STATUTORY INFORMATION

Podium Surveying LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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

Revenue is measured at the fair value of the consideration received or receivable net of VAT and trade discounts, and is recognised as follows:

Revenue is recognised as contract activity progresses. Revenue not billed is included in debtors and payments on account in excess of the relevant amount of revenue are included in creditors.

Tangible fixed assets

Tangible fixed assets are stated at cost, less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & machinery (owned)

-

25% reducing balance

Plant & machinery (leased)

-

Straight line over 8 years

Fixtures & fittings

-

15% reducing balance

Computer equipment

-

25% reducing balance

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

Impairment

At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 9 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

854

3,225

19,224

23,303

Additions

47,131

-

4,056

51,187

Disposals

-

-

(14,893

)

(14,893

)

At 31 March 2025

47,985

3,225

8,387

59,597

DEPRECIATION

At 1 April 2024

690

1,827

13,586

16,103

Charge for year

5,980

209

1,660

7,849

Eliminated on disposal

-

-

(11,839

)

(11,839

)

At 31 March 2025

6,670

2,036

3,407

12,113

NET BOOK VALUE

At 31 March 2025

41,315

1,189

4,980

47,484

At 31 March 2024

164

1,398

5,638

7,200

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

Additions

46,757

At 31 March 2025

46,757

DEPRECIATION

Charge for year

5,845

At 31 March 2025

5,845

NET BOOK VALUE

At 31 March 2025

40,912

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

160,082

80,027

Other debtors

185,936

179,886

346,018

259,913

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

7,475

-

Trade creditors

29,920

40,816

Taxation and social security

66,907

35,237

Other creditors

4,920

39,561

109,222

115,614

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

30,095

-

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

£

Amounts owed to members in respect of profits

357,241

225,396

Falling due within one year

357,241

225,396

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.