REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 May 2021 to 31 May 2022 |
for |
Weedon 2022 LLP |
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
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 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
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 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 |
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 |
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 |
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 |
Motor vehicles | - |
Office furniture and computer equipment | - |
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 |
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 |
Additions |
Disposals | ( |
) | ( |
) |
At 31 May 2022 |
DEPRECIATION |
At 1 May 2021 |
Charge for period |
Eliminated on disposal | ( |
) | ( |
) |
At 31 May 2022 |
NET BOOK VALUE |
At 31 May 2022 |
At 30 April 2021 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2022 | 2021 |
£ | £ |
Bank loans |
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. |