1 April 2024 false No description of principal activity Taxfiler 2024.6 OC382187business:LimitedLiabilityPartnershipLLP2024-04-012025-03-31 OC3821872024-03-31 OC3821872024-04-012025-03-31 OC382187business:AuditExemptWithAccountantsReport2024-04-012025-03-31 OC382187business:FilletedAccounts2024-04-012025-03-31 OC3821872025-03-31 OC382187business:PartnerLLP12024-04-012025-03-31 OC382187business:PartnerLLP22024-04-012025-03-31 OC382187business:RegisteredOffice2024-04-012025-03-31 OC3821872024-03-31 OC382187core:WithinOneYear2025-03-31 OC382187core:WithinOneYear2024-03-31 OC382187core:AfterOneYear2025-03-31 OC382187core:AfterOneYear2024-03-31 OC382187business:SmallEntities2024-04-012025-03-31 OC382187core:LandBuildings2024-04-012025-03-31 OC382187countries:EnglandWales2024-04-012025-03-31 OC382187core:LandBuildings2024-03-31 OC382187core:LandBuildings2025-03-31 OC3821872023-04-012024-03-31 iso4217:GBP xbrli:pure
Registered No. OC382187 (England and Wales)
Stead Leeds LLP Unaudited accounts for the year ended 31 March 2025
Stead Leeds LLP LLP Information for the year ended 31 March 2025
Designated members
Mr Gerald Taylor
Mr Paul Walton
Registered Number
OC382187 (England and Wales)
Registered Office
BANK HOUSE PARKFIELD STREET LEEDS LS11 5PH
Accountants
Business Works UK Ltd 4 Lidgett Lane Garforth Leeds West Yorkshire LS25 1EQ
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Stead Leeds LLP Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
3
292,607 
253,616 
Current assets
Debtors
17,129 
14,400 
Cash at bank and in hand
3,507 
11,890 
20,636 
26,290 
Creditors: amounts falling due within one year
4
(462)
(1,472)
Net current assets
20,174 
24,818 
Total assets less current liabilities
312,781 
278,434 
Creditors: amounts falling due after more than one year
5
(240,012)
(193,511)
Net assets attributable to members
72,769 
84,923 
Represented by:
Loans and other debts due to members
6
72,769 
84,923 
72,769 
84,923 
Total members' interests
Loans and other debts due to members
72,769 
84,923 
72,769 
84,923 
For the year ending 31 March 2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 18 December 2025.
Mr Gerald Taylor Designated member Limited Liability Partnership Registration No. OC382187
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Stead Leeds LLP Notes to the Accounts for the year ended 31 March 2025
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Individual fixed assets are initially recorded at cost.
Land & buildings
No depreciation is calculated on the cost of the property.
2
Statutory information
Stead Leeds LLP is a limited liability partnership, incorporated in England and Wales, registration number OC382187. Its registered office is BANK HOUSE, PARKFIELD STREET, LEEDS, LS11 5PH.
3
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 April 2024
253,616 
Additions
38,991 
At 31 March 2025
292,607 
Depreciation
At 31 March 2025
- 
Net book value
At 31 March 2025
292,607 
At 31 March 2024
253,616 
4
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
462 
- 
Taxes and social security costs
- 
1,472 
462 
1,472 
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Stead Leeds LLP Notes to the Accounts for the year ended 31 March 2025
5
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
115,143 
124,179 
Other creditors
124,869 
69,332 
240,012 
193,511 
6
Loans and other debts due to members
2025 
2024 
£ 
£ 
Amounts due to members in respect of profits
72,769 
84,923 
Amounts falling due within one year
72,769 
84,923 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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