Godson des Forges LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC440590

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		364		729

			364		729
CURRENT ASSETS
Debtors	5	27,524		-
Cash at bank and in hand		26,489		22,864

		54,013		22,864
Creditors: Amounts Falling Due Within One Year	6	(5,080 )		119,467

NET CURRENT ASSETS (LIABILITIES)			48,933		142,331

TOTAL ASSETS LESS CURRENT LIABILITIES			49,297		143,060

NET ASSETS ATTRIBUTABLE TO MEMBERS			49,297		143,060

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		39,297		27,313

			39,297		27,313

Equity
Members' other interests
Members' capital		10,000		5,000
Other reserves		-		110,747

			10,000		115,747

			49,297		143,060

TOTAL MEMBERS' INTEREST
Amounts due from members			(25,878)		-
Loans and other debts due to members within one year			39,297		27,313
Members' other interests			10,000		115,747

			23,419		143,060

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Godson des Forges LLP

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the LLP 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 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (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 LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr Simon Godson Designated Member	Mr Tim des Forges Designated Member
26/08/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Godson des Forges LLP is a limited liability partnership, incorporated in England & Wales, registered number OC440590 . The Registered Office is Michelin House , 81 Fulham Road, London, SW3 6RD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

25% Straight Line

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 April 2024	1,458

As at 31 March 2025	1,458

Depreciation
As at 1 April 2024	729
Provided during the period	365

As at 31 March 2025	1,094

Net Book Value
As at 31 March 2025	364

As at 1 April 2024	729

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Godson des Forges LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	225	-
VAT	1,421	-
Amounts due from members	25,878	-

	27,524	-

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
VAT	-	12,444
Accruals and deferred income	5,080	(131,911 )

	5,080	(119,467 )

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