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REGISTERED NUMBER: OC357114 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

QUEENSGATE MANAGEMENT
(EAST MIDLANDS) LLP
QUEENSGATE MANAGEMENT
(EAST MIDLANDS) LLP (REGISTERED NUMBER: OC357114)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026




Page

General Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


QUEENSGATE MANAGEMENT
(EAST MIDLANDS) LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2026







DESIGNATED MEMBERS: J Wetherall
Jeremy Wetherall Properties Limited





REGISTERED OFFICE: 16 Bishops Road
Lincoln
Lincolnshire
LN2 4JZ





REGISTERED NUMBER: OC357114 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
3 Castlegate
Grantham
Lincolnshire
NG31 6SF
Page 1
QUEENSGATE MANAGEMENT
(EAST MIDLANDS) LLP (REGISTERED NUMBER: OC357114)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2026

2026 2025
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,517 7,357

CURRENT ASSETS
Debtors 5 30,300 31,620
Cash at bank 8,367 36,272
38,667 67,892
CREDITORS
Amounts falling due within one year 6 18,353 18,321
NET CURRENT ASSETS 20,314 49,571
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO MEMBERS 25,831 56,928

LOANS AND OTHER DEBTS DUE TO MEMBERS 7 25,831 56,928

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 25,831 56,928

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 31 March 2026.

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 for issue by the members of the LLP and authorised for issue on 20 May 2026 and were signed by:





J Wetherall - Designated member

The notes form part of these financial statements

Page 2
QUEENSGATE MANAGEMENT
(EAST MIDLANDS) LLP (REGISTERED NUMBER: OC357114)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026

1. STATUTORY INFORMATION

Queensgate Management (East Midlands) 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 represents amounts chargeable to clients for professional services provided during the year, excluding value added tax. Turnover is recognised in the period in which services are performed.

Property, plant and equipment
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

Property, plant and equipment is recognised at cost less depreciation.

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.

Amounts recoverable on contracts
Services provided to clients during the period, which at the statement of financial position date have not been billed to clients, have been recognised as revenue. Revenue recognised in this manner is based on an assessment of the fair value of the services provided at the statement of financial position date as a proportion of the total value of the engagement. Provision is made against unbilled amounts on those engagements where the right to receive payment is contingent on factors outside the control of the LLP. Unbilled revenue is included in debtors.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2025 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2025
and 31 March 2026 58,781
DEPRECIATION
At 1 April 2025 51,424
Charge for year 1,840
At 31 March 2026 53,264
NET BOOK VALUE
At 31 March 2026 5,517
At 31 March 2025 7,357

Page 3 continued...
QUEENSGATE MANAGEMENT
(EAST MIDLANDS) LLP (REGISTERED NUMBER: OC357114)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2026

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2026 2025
£    £   
Trade debtors 30,300 31,620

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2026 2025
£    £   
Trade creditors 1,407 582
Social security and other taxes 768 494
VAT 13,750 14,853
Other creditors 928 892
Accruals and deferred income 1,500 1,500
18,353 18,321

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

All loans and other debts due to members are unsecured and do not rank above any other unsecured creditor in the event of a winding up. There are no restrictions in place on the ability of members to reduce the amount of 'Members' other interests'.

Page 4