IRIS Accounts Production v22.1.4.3 OC341854 designated member designated member 6.4.21 5.4.22 5.4.22 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureOC3418542021-04-05OC3418542022-04-05OC3418542021-04-062022-04-05OC3418542020-04-05OC3418542020-04-062021-04-05OC3418542021-04-05OC341854ns16:EnglandWales2021-04-062022-04-05OC341854ns15:PoundSterling2021-04-062022-04-05OC341854ns11:Director12021-04-062022-04-05OC341854ns11:Director22021-04-062022-04-05OC341854ns11:LimitedLiabilityPartnershipLLP2021-04-062022-04-05OC341854ns11:SmallEntities2021-04-062022-04-05OC341854ns11:AuditExempt-NoAccountantsReport2021-04-062022-04-05OC341854ns11:SmallCompaniesRegimeForAccounts2021-04-062022-04-05OC341854ns11:LimitedLiabilityPartnershipsSORP2021-04-062022-04-05OC341854ns11:FullAccounts2021-04-062022-04-05OC341854ns11:RegisteredOffice2021-04-062022-04-05OC341854ns6:CurrentFinancialInstruments2022-04-05OC341854ns6:CurrentFinancialInstruments2021-04-05OC341854ns6:Non-currentFinancialInstruments2022-04-05OC341854ns6:Non-currentFinancialInstruments2021-04-05OC341854ns6:PlantMachinery2021-04-062022-04-05OC341854ns6:PlantMachinery2021-04-05OC341854ns6:PlantMachinery2022-04-05OC341854ns6:PlantMachinery2021-04-05OC341854ns6:WithinOneYearns6:CurrentFinancialInstruments2022-04-05OC341854ns6:WithinOneYearns6:CurrentFinancialInstruments2021-04-05OC341854ns6:Secured2022-04-05OC341854ns6:Secured2021-04-05


REGISTERED NUMBER: OC341854 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2022

FOR

5053 LLP

5053 LLP (REGISTERED NUMBER: OC341854)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


5053 LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 5 APRIL 2022







DESIGNATED MEMBERS: S Rooney
L Rooney





REGISTERED OFFICE: Swatton Barn
Badbury
Swindon
Wiltshire
SN4 0EU





REGISTERED NUMBER: OC341854 (England and Wales)





ACCOUNTANTS: d&t
Chartered Accountants
Swatton Barn
Badbury
Swindon
Wiltshire
SN4 0EU

5053 LLP (REGISTERED NUMBER: OC341854)

BALANCE SHEET
5 APRIL 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,572 3,685

CURRENT ASSETS
Debtors 5 - 83,066
Cash at bank 209,952 202,509
209,952 285,575
CREDITORS
Amounts falling due within one year 6 43,552 22,201
NET CURRENT ASSETS 166,400 263,374
TOTAL ASSETS LESS CURRENT
LIABILITIES

170,972

267,059

CREDITORS
Amounts falling due after more than one
year

7

143,333

183,333
NET ASSETS ATTRIBUTABLE TO
MEMBERS

27,639

83,726

LOANS AND OTHER DEBTS DUE TO
MEMBERS

9

27,639

83,726

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 9 27,639 83,726
Amounts due from members 5 - (81,742 )
27,639 1,984

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 5 April 2022.

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.

5053 LLP (REGISTERED NUMBER: OC341854)

BALANCE SHEET - continued
5 APRIL 2022


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 16 August 2022 and were signed by:




S Rooney - Designated member




L Rooney - Designated member


5053 LLP (REGISTERED NUMBER: OC341854)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022

1. STATUTORY INFORMATION

5053 LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% straight line basis and 25% on reducing balance

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 5 (2021 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 6 April 2021 11,077
Additions 3,834
At 5 April 2022 14,911
DEPRECIATION
At 6 April 2021 7,392
Charge for year 2,947
At 5 April 2022 10,339
NET BOOK VALUE
At 5 April 2022 4,572
At 5 April 2021 3,685

5053 LLP (REGISTERED NUMBER: OC341854)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2022

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors - 83,066

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 40,000 16,667
Other creditors 3,552 5,534
43,552 22,201

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Bank loans 143,333 183,333

8. SECURED DEBTS

The following secured debts are included within creditors:

2022 2021
£    £   
Bank loans 183,333 200,000

There is a bond and floating charge over all assets in the Company dated 20 October 2020.

9. LOANS AND OTHER DEBTS DUE TO MEMBERS
2022 2021
£    £   
Amounts owed to members in respect of profits 27,639 83,726

Falling due within one year 27,639 83,726

Amounts due to members rank equally alongside the other unsecured creditors.