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REGISTERED NUMBER: OC424945 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2022

for

Stay Away Home Llp

Stay Away Home Llp (Registered number: OC424945)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Stay Away Home Llp

General Information
for the Year Ended 31 March 2022







DESIGNATED MEMBERS: Mr K Wotton
Mrs D T Wotton





REGISTERED OFFICE: 21 Gladwin Way
Harlow
Essex
CM20 1AS





REGISTERED NUMBER: OC424945 (England and Wales)





ACCOUNTANTS: R Dear Accountancy Services
4 Hawthorns
Riddings Lane
Harlow
Essex
CM18 7HT

Stay Away Home Llp (Registered number: OC424945)

Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,162 -

CURRENT ASSETS
Debtors 488 -
Cash at bank 8,974 3,097
9,462 3,097
CREDITORS
Amounts falling due within one year 5 8,439 450
NET CURRENT ASSETS 1,023 2,647
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,185

2,647

CREDITORS
Amounts falling due after more than
one year

6

22,269

-
NET ASSETS ATTRIBUTABLE TO
MEMBERS

916

2,647

Stay Away Home Llp (Registered number: OC424945)

Balance Sheet - continued
31 March 2022

31.3.22 31.3.21
Notes £    £    £    £   
LOANS AND OTHER DEBTS DUE
TO MEMBERS

7

916

2,647

TOTAL MEMBERS' INTERESTS
Loans and other debts due to
members

7

916

2,647
Amounts due from members (488 ) -
428 2,647

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 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.

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 13 August 2022 and were signed by:





Mr K Wotton - Designated member

Stay Away Home Llp (Registered number: OC424945)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

Stay Away Home 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 25% on reducing balance

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEE INFORMATION

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

Stay Away Home Llp (Registered number: OC424945)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
Additions 29,550
At 31 March 2022 29,550
DEPRECIATION
Charge for year 7,388
At 31 March 2022 7,388
NET BOOK VALUE
At 31 March 2022 22,162

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 29,550
At 31 March 2022 29,550
DEPRECIATION
Charge for year 7,388
At 31 March 2022 7,388
NET BOOK VALUE
At 31 March 2022 22,162

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans and overdrafts 4,070 -
Hire purchase contracts 3,905 -
Trade creditors (1 ) -
Accrued expenses 465 450
8,439 450

Stay Away Home Llp (Registered number: OC424945)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.22 31.3.21
£    £   
Hire purchase contracts 22,269 -

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up. Members equity interests (members shares) would rank behind unsecured creditors in any winding up.