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REGISTERED NUMBER: OC325742 (England and Wales)















Report of the Members and

Unaudited Financial Statements for the Year Ended 31 March 2023

for

Ruggles Group LLP

Ruggles Group LLP (Registered number: OC325742)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


Ruggles Group LLP

General Information
for the Year Ended 31 March 2023







DESIGNATED MEMBERS: KS Ruggles
Mrs L Ruggles
E I Cooper
Ms G Woodcock





REGISTERED OFFICE: A1 Rowood Estate
Murdock Road
Bicester
Oxfordshire
OX26 4PP





REGISTERED NUMBER: OC325742 (England and Wales)





ACCOUNTANTS: Wheeler & Co
Chartered Accountants
24 Dukes Wood Avenue
Gerrards Cross
Buckinghamshire
SL9 7JT

Ruggles Group LLP (Registered number: OC325742)

Report of the Members
for the Year Ended 31 March 2023

The members present their report with the financial statements of the LLP for the year ended 31 March 2023.

DESIGNATED MEMBERS
The designated members during the year under review were:

KS Ruggles
Mrs L Ruggles
E I Cooper
Ms G Woodcock

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £32,128 (2022 - £45,695 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





KS Ruggles - Designated member


5 October 2023

Ruggles Group LLP (Registered number: OC325742)

Income Statement
for the Year Ended 31 March 2023

31.3.23 31.3.22
Notes £    £   

TURNOVER 66,088 84,638

Cost of sales 3,227 801
GROSS PROFIT 62,861 83,837

Administrative expenses 30,733 39,392
32,128 44,445

Other operating income - 1,250
OPERATING PROFIT and
PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE
FOR DISCRETIONARY DIVISION
AMONG MEMBERS




32,128




45,695

Ruggles Group LLP (Registered number: OC325742)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 - 118,380

CURRENT ASSETS
Debtors 6 109,849 5,905

CREDITORS
Amounts falling due within one year 7 10,013 2,069
NET CURRENT ASSETS 99,836 3,836
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

99,836

122,216

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

4,152

26,532

MEMBERS' OTHER INTERESTS
Capital accounts 95,684 95,684
99,836 122,216

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 4,152 26,532
Members' other interests 95,684 95,684
Amounts due from members 6 (66,516 ) (5,905 )
33,320 116,311

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 2023.

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.

Ruggles Group LLP (Registered number: OC325742)

Balance Sheet - continued
31 March 2023


The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 5 October 2023 and were signed by:





KS Ruggles - Designated member

Ruggles Group LLP (Registered number: OC325742)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Ruggles Group 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.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2022 - NIL).

4. OPERATING PROFIT

The operating profit is stated after charging:

31.3.23 31.3.22
£    £   
Depreciation - owned assets 10,756 14,977

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 171,271
Disposals (171,271 )
At 31 March 2023 -
DEPRECIATION
At 1 April 2022 52,891
Charge for year 10,756
Eliminated on disposal (63,647 )
At 31 March 2023 -
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 118,380

Ruggles Group LLP (Registered number: OC325742)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 43,333 -
Other debtors 66,516 5,905
109,849 5,905

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 595 594
Trade creditors - (1 )
Taxation and social security 7,478 (464 )
Other creditors 1,940 1,940
10,013 2,069

8. LOANS AND OTHER DEBTS DUE TO MEMBERS
31.3.23 31.3.22
£    £   
Amounts owed to members in respect of profits 4,152 26,532

Falling due within one year 4,152 26,532

The total of members' other interests were £95,684 (2021: £95,684) and represents members capital accounts, classified as equity.