REGISTERED NUMBER: OC307192 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2025

FOR

GROOM WILKES & WRIGHT LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

T A Wright

Mrs H G Wright

REGISTERED OFFICE:

The Haybarn

Upton End Farm Business Park

Shillington

Hitchin

Hertfordshire

SG5 3PF

REGISTERED NUMBER:

OC307192 (England and Wales)

ACCOUNTANTS:

TC CH Limited

4 Office Village

Forder Way

Cygnet Park, Hampton

Peterborough

Cambridgeshire

PE7 8GX

FIXED ASSETS

Tangible assets

4

7,460

116,674

CURRENT ASSETS

Debtors

5

1,038,240

1,046,453

Cash at bank

250,500

309,102

1,288,740

1,355,555

CREDITORS

Amounts falling due within one year

6

1,296,200

1,462,980

NET CURRENT LIABILITIES

(7,460

)

(107,425

)

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

-

9,249

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

-

9,249

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

-

9,249

Amounts due from members

5

(127,751

)

-

(127,751

)

9,249

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 5 April 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 28 August 2025 and were signed by:

T A Wright - Designated member

1.	STATUTORY INFORMATION

Groom Wilkes & Wright 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 (£).

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 year was 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 6 April 2024

203,663

Additions

7,849

Disposals

(200,205

)

At 5 April 2025

11,307

DEPRECIATION

At 6 April 2024

86,989

Charge for year

2,381

Eliminated on disposal

(85,523

)

At 5 April 2025

3,847

NET BOOK VALUE

At 5 April 2025

7,460

At 5 April 2024

116,674

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

898,564

888,469

Other debtors

139,676

157,984

1,038,240

1,046,453

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,247,261

1,376,940

Taxation and social security

46,886

82,880

Other creditors

2,053

3,160

1,296,200

1,462,980

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

These debts would come after all other outstanding debts had been paid.

8.	ULTIMATE CONTROLLING PARTY

The entity is jointly controlled by the partners.