REGISTERED NUMBER: SO307319 (Scotland)

Report of the Members and

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Gaunand Holdings LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

JM Gaunand Holdings Limited

J M P Gaunand

REGISTERED OFFICE:

16 Beaufort Court

Admirals Way

Canary Wharf

London

E14 9XL

REGISTERED NUMBER:

SO307319 (Scotland)

ACCOUNTANTS:

RBS Accountants Limited

16 Beaufort Court

Admirals Way

London

Docklands

London

E14 9XL

The members present their report with the financial statements of the LLP for the year ended 31 March 2026.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of property lettings.

DESIGNATED MEMBERS

The designated members during the year under review were:

JM Gaunand Holdings Limited

J M P Gaunand

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £42,382 (2025 - £114,134 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

J M P Gaunand - Designated member

13 October 2026

TURNOVER

-

-

Administrative expenses

(46,853

)

7,163

(46,853

)

7,163

Other operating income

109,137

129,271

OPERATING PROFIT

62,284

136,434

Interest payable and similar expenses

(19,902

)

(22,300

)

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

42,382

114,134

FIXED ASSETS

Investment property

4

705,200

1,266,000

CREDITORS

Amounts falling due within one year

5

6,799

5,833

NET CURRENT LIABILITIES

(6,799

)

(5,833

)

TOTAL ASSETS LESS CURRENT LIABILITIES

698,401

1,260,167

CREDITORS

Amounts falling due after more than one year

6

386,604

573,331

NET ASSETS ATTRIBUTABLE TO MEMBERS

311,797

686,836

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

311,797

686,836

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

311,797

686,836

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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 13 October 2026 and were signed by:

J M P Gaunand - Designated member

1.	STATUTORY INFORMATION

Gaunand Holdings LLP is registered in Scotland. The LLP's registered number and registered office address can be found on the General Information page.

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 as modified by the revaluation of certain assets.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEE INFORMATION

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

1,266,000

Disposals

(560,800

)

At 31 March 2026

705,200

NET BOOK VALUE

At 31 March 2026

705,200

At 31 March 2025

1,266,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2022

28,000

Valuation in 2023

35,000

Valuation in 2024

17,500

Valuation in 2025

20,700

Cost

604,000

705,200

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

1,587

1,481

Other creditors

5,212

4,352

6,799

5,833

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

386,604

573,331

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

386,604

567,407

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Members rank ahead of other creditors in a liquidation