Gentian Partnerships Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04504113

Gentian Partnerships Limited

Filleted Unaudited Financial Statements

31 December 2025

Gentian Partnerships Limited

Balance Sheet

31 December 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5	9,002	7,453
Investments	6	1,117,029	1,317,016
		------------	------------
		1,126,031	1,324,469

Current assets

Debtors	7	13,370,145	11,006,151
Cash at bank and in hand		1,562,334	1,926,667
		-------------	-------------
		14,932,479	12,932,818

Creditors: amounts falling due within one year	8	131,353		111,924
		-------------		-------------
Net current assets			14,801,126		12,820,894
			-------------		-------------
Total assets less current liabilities			15,927,157		14,145,363
			-------------		-------------
Net assets			15,927,157		14,145,363
			-------------		-------------

Capital and reserves

Called up share capital	9	100	100
Profit and loss account	10	15,927,057	14,145,263
		-------------	-------------
Shareholders funds		15,927,157	14,145,363
		-------------	-------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Gentian Partnerships Limited

Balance Sheet (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 3 July 2026 , and are signed on behalf of the board by:

Mr N K Ekins

Director

Company registration number: 04504113

Gentian Partnerships Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 146 New London Road, Chelmsford, Essex, CM2 0AW, England.

2. Statement of compliance

These financial statements have been prepared in compliance with the provision of FRS 102 Section 1A small entities, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

The turnover shown in the profit and loss account represents net amounts invoiced during the year, exclusive of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all material timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	15 % reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

This consisted of directors only.

5. Tangible assets

	Equipment	Total
	£	£
Cost
At 1 January 2025	14,556	14,556
Additions	3,005	3,005
	--------	--------
At 31 December 2025	17,561	17,561
	--------	--------
Depreciation
At 1 January 2025	7,103	7,103
Charge for the year	1,456	1,456
	--------	--------
At 31 December 2025	8,559	8,559
	--------	--------
Carrying amount
At 31 December 2025	9,002	9,002
	--------	--------
At 31 December 2024	7,453	7,453
	--------	--------

6. Investments

	Shares in group undertakings	Shares in participating interests	Total
	£	£	£
Cost
At 1 January 2025	102	1,316,914	1,317,016
Transfers	–	(199,987)	(199,987)
	----	------------	------------
At 31 December 2025	102	1,116,927	1,117,029
	----	------------	------------
Impairment
At 1 January 2025 and 31 December 2025	–	–	–
	----	------------	------------

Carrying amount
At 31 December 2025	102	1,116,927	1,117,029
	----	------------	------------
At 31 December 2024	102	1,316,914	1,317,016
	----	------------	------------

The directors consider the value of the investments to be at least equivalent to cost.

7. Debtors

	2025	2024
	£	£
Amounts owed by group undertakings	1,879,115	2,424,823
Prepayments and accrued income	74,095	24,886
Corporation tax repayable	27,895	–
Directors loan account	312,625	–
Amounts due by related undertakings	11,076,415	8,556,442
	-------------	-------------
	13,370,145	11,006,151
	-------------	-------------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	63,065	6,255
Amounts owed to group undertakings	3,719	–
Accruals and deferred income	43,227	43,027
Corporation tax	–	53,412
Social security and other taxes	21,342	9,230
	---------	---------
	131,353	111,924
	---------	---------

9. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
A Ordinary shares of £ 1 each	78	78	78	78
C Ordinary shares of £ 1 each	22	22	22	22
	----	----	----	----
	100	100	100	100
	----	----	----	----

10. Reserves

The profit and loss account represents cumulative profits and losses net of dividends that are distributable to shareholders.

11. Contingencies

Gentian Partnerships Limited has an outstanding debenture provided via a cross guarantee against its assets to a related party of which there is common control. There are 5 additional outstanding charges with Barclays Bank plc secured against the shares held in related companies.

12. Directors' advances, credits and guarantees

At the year end there was a balance owed by Mr N K Ekins of £312,625 (2024: £0), by way of a directors loan account. The maximum amount owed during the year was £312,625.

13. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2025	2024	2025	2024
	£	£	£	£
Related Undertakings	426,583	165,083	10,676,858	8,556,325
	---------	---------	-------------	------------

The company has taken advantage of the exemption granted under FRS 102 section 33.1A not to disclose transactions with any wholly owned subsidiaries within the group.