Registered number
OC438620
JF MOT Centre (Dover) LLP
Filleted Accounts
31 March 2022
JF MOT Centre (Dover) LLP
Registered number: OC438620
Balance Sheet
as at 31 March 2022
Notes 2022
£
Net current assets -
Total assets less current liabilities -
Net assets attributable to members -
Represented by:
-
Total members' interests
-
For the period ended 31 March 2022 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 15 August 2022 and signed on their behalf by:
Mr Samuel Robinson
Designated member
JF MOT Centre (Dover) LLP
Notes to the Accounts
for the period from 5 August 2021 to 31 March 2022
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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
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:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
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.
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.
2 Employees 2022
Number
Average number of persons employed by the LLP 0
3 Other information
JF MOT Centre (Dover) LLP is a limited liability partnership incorporated in England. Its registered office is:
Unit 2 Poulton Close
Dover
Kent
CT17 0HL
JF MOT Centre (Dover) LLP OC438620 false 2021-08-05 2022-03-31 2022-03-31 VT Final Accounts April 2022 Mr Samuel Robinson No description of principal activity OC438620 2021-08-05 2022-03-31 OC438620 bus:EntityHasNeverTraded 2021-08-05 2022-03-31 OC438620 bus:LimitedLiabilityPartnershipLLP 2021-08-05 2022-03-31 OC438620 bus:AuditExemptWithAccountantsReport 2021-08-05 2022-03-31 OC438620 bus:PartnerLLP20 2021-08-05 2022-03-31 OC438620 3 2021-08-05 2022-03-31 OC438620 1 2021-08-05 2022-03-31 OC438620 2 2021-08-05 2022-03-31 OC438620 4 2021-08-05 2022-03-31 OC438620 countries:England 2021-08-05 2022-03-31 OC438620 bus:FRS102 2021-08-05 2022-03-31 OC438620 bus:FullAccounts 2021-08-05 2022-03-31 OC438620 2022-03-31 OC438620 2021-08-04 iso4217:GBP xbrli:pure