REGISTERED NUMBER: OC435238 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Matt Gunn Commercial LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

M Gunn

Ms J C Gunn

REGISTERED OFFICE:

28 Old Coach Road

Playing Place

Truro

Cornwall

TR3 6ES

REGISTERED NUMBER:

OC435238 (England and Wales)

ACCOUNTANTS:

Shepherds Chartered Tax Advisers & Accountants

11A Kimberley Park Road

Falmouth

Cornwall

TR11 2DA

FIXED ASSETS

Tangible assets

4

3,946

4,083

CURRENT ASSETS

Debtors

5

2,968

4,388

Cash at bank

21,366

12,257

24,334

16,645

CREDITORS

Amounts falling due within one year

6

25,242

20,728

NET CURRENT LIABILITIES

(908

)

(4,083

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,038

-

CREDITORS

Amounts falling due after more than one year

7

3,038

-

NET LIABILITIES ATTRIBUTABLE TO MEMBERS

-

-

LOANS AND OTHER DEBTS DUE TO MEMBERS

-

-

TOTAL MEMBERS' INTERESTS

Amounts due from members

5

(2,602

)

(4,022

)

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 16 December 2025 and were signed by:

M Gunn - Designated member

1.	STATUTORY INFORMATION

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

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

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

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.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

8,578

Additions

471

At 31 March 2025

9,049

DEPRECIATION

At 1 April 2024

4,495

Charge for year

608

At 31 March 2025

5,103

NET BOOK VALUE

At 31 March 2025

3,946

At 31 March 2024

4,083

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

2,968

4,388

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

8,054

3,809

Other creditors

17,188

16,919

25,242

20,728

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

3,038

-