Gallery Properties Partnership LLP

Registered Number: OC417703 Gallery Properties Partnership LLP
Statement of Financial Position
As at 28 June 2025

	2025		2024
	£	£	£	£
Current assets	2,421		1,494
Net current assets		2,421		1,494
Total assets less current liabilities		2,421		1,494
Creditors: amount falling due after more than one year		(6,459)		(11,034)
Net assets		(4,038)		(9,540)


Represented by:
Loans and other debts due to members		-		298
Amounts due from members		(146,336)		(130,237)
Members' other interest
Members' capital		(1,244)		(1,244)
Revaluation Reserves		121,733		100,057
Other reserves		21,809		21,586
		142,298		120,399
		(4,038)		(9,540)

Total members' interests
Amounts due from members		(146,336)		(130,237)
Loans and other debts due to members		-		298
Members' other interests		142,298		120,399
		(4,038)		(9,540)

NOTES TO THE ACCOUNTS

General Information

Gallery Properties Partnership LLP is a limited liability partnership, registered in England and Wales, registration number OC417703, registration address 37A Victoria Road, Southampton, SO19 9DY.

1.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

For the year ended 28 June 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small 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 and for ensuring that all records comply with those requirements.
Company law requires that in preparing these financial statements, the members:

- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK accounting standards have been followed (as far as this applies to LLPs, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is appropriate to presume that the company will continue in business.
The members are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the LLP and enable them to ensure that the financial statements comply with the Companies Act 2006. The members are also responsible for safeguarding the assets of the LLP and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime

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

.............................................................................
Peter Mill
Designated Member
Date approved by the members: 25 June 2026


Registered Number: OC417703
England and Wales
GALLERY PROPERTIES PARTNERSHIP LLP

Unaudited Financial Statements

Period of accounts Start date: 29 June 2024 End date: 28 June 2025