Registered No. OC337512 (England and Wales)
BoydenGroup LLP
Unaudited accounts
for the year ended 31 March 2023
BoydenGroup LLP
LLP Information
for the year ended 31 March 2023
Designated members
Boyden Projects Limited
Registered Number
OC337512 (England and Wales)
Registered Office
167-169 Great Portland Street
London
W1W 5PF
BoydenGroup LLP
Statement of financial position
as at 31 March 2023
Tangible assets
27,199
33,989
Cash at bank and in hand
15,409
1,010
Creditors: amounts falling due within one year
(77,912)
(107,260)
Net current liabilities
(15,346)
(64,705)
Total assets less current liabilities
11,853
(30,716)
Creditors: amounts falling due after more than one year
(69,333)
(101,333)
Net liabilities attributable to members
(57,480)
(132,049)
Loans and other debts due to members
(57,480)
(132,049)
Loans and other debts due to members
(57,480)
(132,049)
For the year ending 31 March 2023 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 29 June 2023.
Mr John Forester
Designated member
Limited Liability Partnership Registration No. OC337512
BoydenGroup LLP
Notes to the Accounts
for the year ended 31 March 2023
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
Turnover represents the amounts recoverable for the services provided to clients, excluding value added tax, under contractual obligations which are performed gradually over time.
If, at the Balance sheet date, completion of contractual obligations is dependent on external factors (and thus outside the control of the Limited Liability Partnership), then revenue is recognised only when the event occurs. In such cases, costs incurred up to the Balance sheet date are carried forward as work in progress.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
3 year straight line
Transactions in foreign currencies are recorded using the rate of exchange ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated using the rate of exchange ruling at the balance sheet date and the gains or losses on translation are included in the profit and loss account.
BoydenGroup LLP is a limited liability partnership, incorporated in England and Wales, registration number OC337512. Its registered office is 167-169 Great Portland Street, London, W1W 5PF.
3
Intangible fixed assets
Goodwill
BoydenGroup LLP
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
71,028
1,156
14,021
86,205
Disposals
-
-
(11,656)
(11,656)
At 31 March 2023
71,028
1,156
5,303
77,487
At 1 April 2022
38,673
908
12,635
52,216
Charge for the year
8,089
50
1,589
9,728
On disposals
-
-
(11,656)
(11,656)
At 31 March 2023
46,762
958
2,568
50,288
At 31 March 2023
24,266
198
2,735
27,199
At 31 March 2022
32,355
248
1,386
33,989
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
32,000
62,416
Obligations under finance leases and hire purchase contracts
-
4,639
Trade creditors
1,546
3,204
Taxes and social security costs
42,087
18,337
Other creditors
2,279
2,652
6
Creditors: amounts falling due after more than one year
2023
2022
7
Loans and other debts due to members
2023
2022
Amounts due to members in respect of profits
(57,480)
(132,049)
Amounts falling due within one year
(57,480)
(132,049)
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).