Grosvenor House Consultants LLP

Registered number

OC354455

Filleted Accounts

31 March 2026

Grosvenor House Consultants LLP
Registered number:		OC354455
Balance Sheet
as at 31 March 2026
Notes		2026		2025
£			£
Fixed assets
Tangible assets	3	1,605		8,574
Current assets
Debtors	4	3,442		11,222
Cash at bank and in hand		8,319		2,906
		11,761		14,128

Creditors: amounts falling due within one year	5	(11,362)		(14,830)

Net current assets		399		(702)

Total assets less current liabilities		2,004		7,872



Net assets attributable to members		2,004		7,872

Represented by:
Loans and other debts due to members	6	2,004		7,872


		2,004		7,872

Total members' interests
Loans and other debts due to members	6	2,004		7,872

		2,004		7,872

For the year ended 31 March 2026 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to LLPs).
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.

These accounts were approved by the members on 12 June 2026 and signed on their behalf by:


C M Wetherall
Designated member

Grosvenor House Consultants LLP
Notes to the Accounts
for the year ended 31 March 2026

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.

	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 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.

	Division of profits
	Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account.

	Taxation
	Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 5 years
	Motor Vehicles	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.


	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Members' capital
	Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the LLP			0		0


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2025	12,561		39,800		52,361
	Additions	1,204		-		1,204
	At 31 March 2026	13,765		39,800		53,565

	Depreciation
	At 1 April 2025	11,947		31,840		43,787
	Charge for the year	213		7,960		8,173
	At 31 March 2026	12,160		39,800		51,960

	Net book value
	At 31 March 2026	1,605		-		1,605
	At 31 March 2025	614		7,960		8,574


4	Debtors			2026		2025
£					£

	Trade debtors			2,428		8,712
	Amounts receivable under contracts not yet invoiced			1,000		2,500
	Other debtors			14		10
				3,442		11,222





5	Creditors: amounts falling due within one year			2026		2025
£					£

	Other taxes and social security costs			11,362		14,830


6	Loans and other debts due to members			2026		2025
£					£

	Amounts due to members in respect of profits			2,004		7,872

	Amounts falling due within one year			2,004		7,872

	Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.


7	Other information

	Grosvenor House Consultants LLP is a limited liability partnership incorporated in England. Its registered office is:
	49 Grosvenor Street
	Mayfair
	London
	W1K 3HP