KINGSTON PARTNERS LLP

Company Registration Number:
OC413980 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

KINGSTON PARTNERS LLP

Contents of the Financial Statements

for the Period Ended 31 March 2025

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

KINGSTON PARTNERS LLP

Profit And Loss Account

for the Period Ended 31 March 2025

2025 2024


£
£
Turnover: 777,500 610,000
Cost of sales: 0 0
Gross profit(or loss): 777,500 610,000
Distribution costs: 0 0
Administrative expenses: ( 769,226 ) ( 604,540 )
Operating profit(or loss): 8,274 5,460
Profit(or loss) before tax: 8,274 5,460
Profit(or loss) for the financial year: 8,274 5,460

KINGSTON PARTNERS LLP

Balance sheet

As at 31 March 2025

Notes 2025 2024


£
£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 228,000 304,000
Total fixed assets: 228,000 304,000
Current assets
Debtors: 4 335,876 68,240
Cash at bank and in hand: 86,654 79,666
Total current assets: 422,530 147,906
Creditors: amounts falling due within one year: 5 ( 312,582 ) ( 332,148 )
Net current assets (liabilities): 109,948 (184,242)
Total assets less current liabilities: 337,948 119,758
Total net assets (liabilities): 337,948 119,758
Capital and reserves
Called up share capital: 775,000 775,000
Profit and loss account: (437,052 ) (655,242 )
Total Shareholders' funds: 337,948 119,758

The notes form part of these financial statements

KINGSTON PARTNERS LLP

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 22 December 2025
and signed on behalf of the board by:

Name: Martyn Richardson
Status: Director

The notes form part of these financial statements

KINGSTON PARTNERS LLP

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Turnover policy

    Revenue is recognised to the extent that the limited liability partnership obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment.

    Valuation information and policy

    The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.

    Other accounting policies

    Where there is no pre-determined profit share for members, there is no charge to the profit and loss account. When the LLP subsequently decides to allocate profit to members this is treated as an equity transaction, being an appropriation of profits.

KINGSTON PARTNERS LLP

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

KINGSTON PARTNERS LLP

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2024 760,000 760,000
Additions
Disposals
Revaluations
Transfers
At 31 March 2025 760,000 760,000
Depreciation
At 1 April 2024 456,000 456,000
Charge for year 76,000 76,000
On disposals
Other adjustments
At 31 March 2025 532,000 532,000
Net book value
At 31 March 2025 228,000 228,000
At 31 March 2024 304,000 304,000

KINGSTON PARTNERS LLP

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

2025 2024
£ £
Trade debtors 280,000 0
Prepayments and accrued income 48,713 68,240
Other debtors 7,163 0
Total 335,876 68,240

KINGSTON PARTNERS LLP

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 110,138 275,620
Accruals and deferred income 202,444 56,528
Total 312,582 332,148