REGISTERED NUMBER: OC318076 (England and Wales)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 OCTOBER 2024 TO 31 MARCH 2025

FOR

G L BARKER & CO LLP

Page

General Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mrs S L O'Hagan

Mr M J Knaggs

REGISTERED OFFICE:

49 Austhorpe Road

Cross Gates

Leeds

West Yorkshire

LS15 8BA

REGISTERED NUMBER:

OC318076 (England and Wales)

ACCOUNTANTS:

G L Barker & Co LLP

Chartered Certified Accountants

49 Austhorpe Road

Cross Gates

Leeds

LS15 8BA

FIXED ASSETS

Intangible assets

4

540,000

540,000

Tangible assets

5

7,426

5,367

547,426

545,367

CURRENT ASSETS

Debtors

228,358

216,829

Cash at bank and in hand

26,869

6,715

255,227

223,544

CREDITORS

Amounts falling due within one year

141,695

105,089

NET CURRENT ASSETS

113,532

118,455

TOTAL ASSETS LESS CURRENT LIABILITIES

660,958

663,822

CREDITORS

Amounts falling due after more than one year

-

8,000

NET ASSETS ATTRIBUTABLE TO MEMBERS

660,958

655,822

LOANS AND OTHER DEBTS DUE TO MEMBERS

6

120,958

115,822

MEMBERS' OTHER INTERESTS

Capital accounts

540,000

540,000

660,958

655,822

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

120,958

115,822

Members' other interests

540,000

540,000

Amounts due from members

(66,289

)

(72,626

)

594,669

583,196

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 period 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.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 31 December 2025 and were signed by:

Mr M J Knaggs - Designated member

Mrs S L O'Hagan - Designated member

1.	STATUTORY INFORMATION

G L Barker & Co LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

The accounting reference date was changed to 31 March 2025 to align with the tax year. This follows a change of accounting reference date in the previous year to 30 September 2024 due to the retirement of a partner. Accordingly, the financial statements cover the 6 month period 01 October 2024 to 31 March 2025, with the comparatives covering the 6 month period 01 April 2024 to 30 September 2024. As a consequence, the comparative figures are comparable

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 as modified by the revaluation of certain assets.

Turnover

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

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.

Improvements to property

-

10% on cost

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

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 period was 9 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1 October 2024

and 31 March 2025

540,000

NET BOOK VALUE

At 31 March 2025

540,000

At 30 September 2024

540,000

Cost or valuation at 31 March 2025 is represented by:

Totals

£

Valuation in 2009

180,000

Valuation in 2024

(40,000

)

Cost

400,000

540,000

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 October 2024

104,711

Additions

3,249

At 31 March 2025

107,960

DEPRECIATION

At 1 October 2024

99,344

Charge for period

1,190

At 31 March 2025

100,534

NET BOOK VALUE

At 31 March 2025

7,426

At 30 September 2024

5,367

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up, members' other interests rank after unsecured creditors. Loans and other debts due to members rank pari passu with unsecured creditors in the event of a winding up. There is no further formal protection afforded to creditors in the event of a winding up.

Members are entitled to repayment of their capital when they retire or when they reduce their level of investment in the LLP.

Profits are allocated between members based on a fixed amount plus an additional share of the remaining profit. the fixed profit amounts and additional shares are determined at the end of the year, with any undrawn profits included in loans and other debts due to members. At 31 March 2025 all amounts included in loans and other debts due to members are in respect of profits.