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REGISTERED NUMBER: OC312725 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

ABC TRANSPORT (UK) LLP

ABC TRANSPORT (UK) LLP (REGISTERED NUMBER: OC312725)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Accountants' Report 7

ABC TRANSPORT (UK) LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2021







DESIGNATED MEMBERS: M C Trevena
P M Trevena





REGISTERED OFFICE: 20 Havelock Road
Hastings
East Sussex
TN34 1BP





REGISTERED NUMBER: OC312725 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP

ABC TRANSPORT (UK) LLP (REGISTERED NUMBER: OC312725)

BALANCE SHEET
31 DECEMBER 2021

31.12.21 31.12.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 251,836 174,154

CURRENT ASSETS
Debtors 5 278,789 233,691
Investments 6 1,287,000 1,287,000
Cash at bank 303,061 214,217
1,868,850 1,734,908
CREDITORS
Amounts falling due within one year 7 575,590 539,955
NET CURRENT ASSETS 1,293,260 1,194,953
TOTAL ASSETS LESS CURRENT LIABILITIES 1,545,096 1,369,107

CREDITORS
Amounts falling due after more than one year 8 - 44,483
NET ASSETS ATTRIBUTABLE TO MEMBERS 1,545,096 1,324,624

LOANS AND OTHER DEBTS DUE TO
MEMBERS

9

1,545,096

1,324,624

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 9 1,545,096 1,324,624

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 December 2021.

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.

ABC TRANSPORT (UK) LLP (REGISTERED NUMBER: OC312725)

BALANCE SHEET - continued
31 DECEMBER 2021


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 12 September 2022 and were signed by:




M C Trevena - Designated member




P M Trevena - Designated member


ABC TRANSPORT (UK) LLP (REGISTERED NUMBER: OC312725)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

1. STATUTORY INFORMATION

ABC Transport (UK) 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.

In preparing the financial statements, the members are required to make an assessment of the ability of the LLP to continue as a going concern. The members have considered all available evidence for the LLP which covers the 12 month period from the date of signing these financial statements. Against the backdrop of the COVID-19 Pandemic the members have paid particular attention to likely cashflow requirements and the future availability of adequate cashflow to the LLP.

On the basis of this consideration, the members are satisfied that the LLP has adequate resources to continue in operational existence and to meet its liabilities as they fall due for the foreseeable future. In reaching this conclusion they consider that no material uncertainty exists. As a result, the members have concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements.

Turnover
Turnover represents invoiced transport and distribution services, excluding value added tax. Revenue is recognised is at point of sale when the service is provided.

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 - 25% on reducing balance
Office equipment - 33% on cost and 15% on reducing balance
Motor vehicles - 20% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 15 (2020 - 15 ) .

ABC TRANSPORT (UK) LLP (REGISTERED NUMBER: OC312725)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021

4. TANGIBLE FIXED ASSETS
Plant and Office Motor
machinery equipment vehicles Totals
£    £    £    £   
COST
At 1 January 2021 26,761 32,502 366,069 425,332
Additions - 1,504 152,240 153,744
Disposals - - (13,430 ) (13,430 )
At 31 December 2021 26,761 34,006 504,879 565,646
DEPRECIATION
At 1 January 2021 25,473 27,496 198,210 251,179
Charge for year 258 1,398 71,604 73,260
Eliminated on disposal - - (10,629 ) (10,629 )
At 31 December 2021 25,731 28,894 259,185 313,810
NET BOOK VALUE
At 31 December 2021 1,030 5,112 245,694 251,836
At 31 December 2020 1,288 5,006 167,859 174,153

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Trade debtors 239,962 182,362
Other debtors 38,827 51,329
278,789 233,691

6. CURRENT ASSET INVESTMENTS
31.12.21 31.12.20
£    £   
Unlisted investments 1,287,000 1,287,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Bank loans and overdrafts - 5,517
Trade creditors 29,177 21,649
Taxation and social security 54,765 15,214
Other creditors 491,648 497,575
575,590 539,955

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.21 31.12.20
£    £   
Bank loans - 44,483

ABC TRANSPORT (UK) LLP (REGISTERED NUMBER: OC312725)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.12.21 31.12.20
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 4,409

9. LOANS AND OTHER DEBTS DUE TO MEMBERS

The amounts shown in 'Loans and other debts due to member's' would rank after other unsecured creditors in the event of a winding up.

ACCOUNTANTS' REPORT TO THE MEMBERS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ABC TRANSPORT (UK) LLP

The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies.

In accordance with our terms of engagement we have prepared for your approval the attached financial statements from the business accounting records and from information and explanations you have given to us.

The financial statements have been compiled using the going concern and historical cost basis. It is not intended to achieve full compliance with the provisions of UK Generally Accepted Accounting Principles.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to you, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial information and state those matters that we have agreed to state to you in this report in accordance with the guidance of ICAEW as detailed at icaew.com/compilation and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the person to whom this report is addressed for our work or for this report.

You have approved the financial statements for the period described above, and have acknowledged your responsibility for them, for the appropriateness of the financial reporting framework adopted and for providing all information and explanations necessary for their compilation.

We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.






Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP


12 September 2022