REGISTERED NUMBER: OC327782 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

S AND G ACCOUNTS LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

P A R Skipper BSc (Hons) FCA

C J Garbett FCCA ACA

REGISTERED OFFICE:

Bridge House

25 Fiddlebridge Lane

Hatfield

Hertfordshire

AL10 0SP

REGISTERED NUMBER:

OC327782 (England and Wales)

FIXED ASSETS

Tangible assets

4

4,385

23,757

CURRENT ASSETS

Debtors

5

29,097

27,886

Investments

6

238,000

238,000

Cash at bank

5,171

24,869

272,268

290,755

CREDITORS

Amounts falling due within one year

7

22,856

52,698

NET CURRENT ASSETS

249,412

238,057

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

253,797

261,814

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

15,797

23,814

MEMBERS' OTHER INTERESTS

Capital accounts

238,000

238,000

253,797

261,814

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

15,797

23,814

Members' other interests

238,000

238,000

Amounts due from members

5

(29,097

)

(22,144

)

224,700

239,670

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 23 December 2025 and were signed by:

P A R Skipper BSc (Hons) FCA - Designated member

1.	STATUTORY INFORMATION

S and G Accounts 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 represents net invoiced sales of services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business has been fully amortised in the current year.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

129,425

624

130,049

DEPRECIATION

At 1 April 2024

105,668

624

106,292

Charge for year

19,372

-

19,372

At 31 March 2025

125,040

624

125,664

NET BOOK VALUE

At 31 March 2025

4,385

-

4,385

At 31 March 2024

23,757

-

23,757

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

-

3,362

Other debtors

29,097

24,524

29,097

27,886

6.	CURRENT ASSET INVESTMENTS

31.3.25

31.3.24

£

£

Unlisted investments

238,000

238,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

21,024

45,609

Taxation and social security

99

6,308

Other creditors

1,733

781

22,856

52,698

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

All the amounts shown in loans and other debts due to members relate to allocated profits.

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