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REGISTERED NUMBER: OC343926 (England and Wales)











Unaudited Financial Statements

for the Period 1 May 2021 to 31 May 2022

for

Weedon 2022 LLP

Weedon 2022 LLP (Registered number: OC343926)

Contents of the Financial Statements
for the Period 1 May 2021 to 31 May 2022










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Weedon 2022 LLP

General Information
for the Period 1 May 2021 to 31 May 2022







DESIGNATED MEMBERS: P J Cole
Ms M J Whild





REGISTERED OFFICE: Harry's Yard
176-178 Newhall Street
Birmingham
West Midlands
B3 1SJ





REGISTERED NUMBER: OC343926 (England and Wales)





ACCOUNTANTS: J L R Hare
Netherwood Byre
Netherwood Lane
Baddesley Clinton
Warwickshire
B93 0BB

Weedon 2022 LLP (Registered number: OC343926)

Balance Sheet
31 May 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,530 25,543

CURRENT ASSETS
Stocks 157,000 241,000
Debtors 5 619,457 717,643
Cash at bank and in hand 1,036,155 745,621
1,812,612 1,704,264
CREDITORS
Amounts falling due within one year 6 387,799 261,963
NET CURRENT ASSETS 1,424,813 1,442,301
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,445,343

1,467,844

CREDITORS
Amounts falling due after more than one
year

7

183,333

237,500
NET ASSETS ATTRIBUTABLE TO
MEMBERS

1,262,010

1,230,344

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

912,010

880,344

MEMBERS' OTHER INTERESTS
Capital accounts 350,000 350,000
1,262,010 1,230,344

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 912,010 880,344
Members' other interests 350,000 350,000
1,262,010 1,230,344

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 period ended 31 May 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.

Weedon 2022 LLP (Registered number: OC343926)

Balance Sheet - continued
31 May 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 30 August 2022 and were signed by:




P J Cole - Designated member




Ms M J Whild - Designated member


Weedon 2022 LLP (Registered number: OC343926)

Notes to the Financial Statements
for the Period 1 May 2021 to 31 May 2022


1. STATUTORY INFORMATION

Weedon 2022 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 represents net invoiced fees for work done, excluding VAT, except in respect of service contracts where turnover is recognised when the LLP obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on cost
Office furniture and computer equipment - at varying rates on cost

Government grants
Grants received in respect of the Cornavirus Job Retention Scheme are recognised in the same accounting period as the employee costs to which they relate.

Work in progress
Work in progress is valued by the partners at selling price.

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 period was 32 (2021 - 34 ) .

Weedon 2022 LLP (Registered number: OC343926)

Notes to the Financial Statements - continued
for the Period 1 May 2021 to 31 May 2022


4. TANGIBLE FIXED ASSETS
Office
furniture
and
Motor computer
vehicles equipment Totals
£    £    £   
COST
At 1 May 2021 111,760 143,115 254,875
Additions - 10,614 10,614
Disposals (111,760 ) - (111,760 )
At 31 May 2022 - 153,729 153,729
DEPRECIATION
At 1 May 2021 111,760 117,572 229,332
Charge for period - 15,627 15,627
Eliminated on disposal (111,760 ) - (111,760 )
At 31 May 2022 - 133,199 133,199
NET BOOK VALUE
At 31 May 2022 - 20,530 20,530
At 30 April 2021 - 25,543 25,543

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 477,779 547,332
Other debtors 141,678 170,311
619,457 717,643

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 50,000 13,224
Trade creditors 38,019 32,230
Taxation and social security 258,182 163,718
Other creditors 41,598 52,791
387,799 261,963

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Bank loans 183,333 237,500

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

Amounts included in loans and other debts due to members are unsecured and rank equally with all other unsecured creditors.