Grove Road Richmond LLP - Accounts to registrar (filleted) - small 23.2.5

Grove Road Richmond LLP - Accounts to registrar (filleted) - small 23.2.5

GROVE ROAD RICHMOND LLP - Company Information

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IRIS Accounts Production v23.3.0.418 OC434986 designated member 1.2.22 31.1.23 31.1.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureOC4349862022-01-31OC4349862023-01-31OC4349862022-02-012023-01-31OC4349862021-01-06OC4349862021-01-072022-01-31OC4349862022-01-31OC434986ns16:EnglandWales2022-02-012023-01-31OC434986ns15:PoundSterling2022-02-012023-01-31OC434986ns11:Director12022-02-012023-01-31OC434986ns11:LimitedLiabilityPartnershipLLP2022-02-012023-01-31OC434986ns11:SmallEntities2022-02-012023-01-31OC434986ns11:AuditExempt-NoAccountantsReport2022-02-012023-01-31OC434986ns11:SmallCompaniesRegimeForAccounts2022-02-012023-01-31OC434986ns11:LimitedLiabilityPartnershipsSORP2022-02-012023-01-31OC434986ns11:FullAccounts2022-02-012023-01-31OC434986ns11:Director22022-02-012023-01-31OC434986ns11:RegisteredOffice2022-02-012023-01-31OC434986ns6:CurrentFinancialInstruments2023-01-31OC434986ns6:CurrentFinancialInstruments2022-01-31
REGISTERED NUMBER: OC434986 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023

FOR

GROVE ROAD RICHMOND LLP
GROVE ROAD RICHMOND LLP (REGISTERED NUMBER: OC434986)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GROVE ROAD RICHMOND LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DESIGNATED MEMBERS: Mr S A Hall
Mr D I S Hall





REGISTERED OFFICE: Solar House
2582 Chase Road
London
N14 6NZ





REGISTERED NUMBER: OC434986 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certifed Accountants
Solar House
282 Chase Road
London
N14 6NZ
Page 1
GROVE ROAD RICHMOND LLP (REGISTERED NUMBER: OC434986)

BALANCE SHEET
31 JANUARY 2023

31.1.23 31.1.22
Notes £    £   
CURRENT ASSETS
Stocks 427,707 -
Debtors 4 - 159,139
Cash at bank 8,953 1,046
436,660 160,185
CREDITORS
Amounts falling due within one year 5 203,600 91,560
NET CURRENT ASSETS 233,060 68,625
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS
233,060
68,625

LOANS AND OTHER DEBTS DUE TO
MEMBERS
6
233,060
68,625

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 233,060 68,625

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 January 2023.

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 notes form part of these financial statements

Page 2 continued...
GROVE ROAD RICHMOND LLP (REGISTERED NUMBER: OC434986)

BALANCE SHEET - continued
31 JANUARY 2023


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 by the members of the LLP and authorised for issue on 1 September 2023 and were signed by:





Mr S A Hall - Designated member

The notes form part of these financial statements

Page 3
GROVE ROAD RICHMOND LLP (REGISTERED NUMBER: OC434986)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023


1. STATUTORY INFORMATION

Grove Road Richmond LLP is registered in England and Wales. 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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2022 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Prepayments - 159,139

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Other creditors 200,000 90,000
Accrued expenses 3,600 1,560
203,600 91,560

6. LOANS AND OTHER DEBTS DUE TO MEMBERS
31.1.23 31.1.22
£    £   
Amounts owed to members in respect of profits 233,060 68,625

Falling due within one year 233,060 68,625

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