Registered No. OC422621 (England and Wales)
Turners Of Bytham LLP
Unaudited accounts
for the year ended 31 March 2023
Turners Of Bytham LLP
LLP Information
for the year ended 31 March 2023
Designated members
Mr Guy Turner
Registered Number
OC422621 (England and Wales)
Registered Office
THE GRANGE
LITTLE BYTHAM
GRANTHAM
LINCOLNSHIRE
NG33 4QS
Accountants
S A Acc'y Ltd
The Corner House
4 Beaumont Road
Church Stretton
Shropshire
SY6 6BN
Turners Of Bytham LLP
Statement of financial position
as at 31 March 2023
Tangible assets
2,421,888
2,352,590
Investments
111,212
111,212
Cash at bank and in hand
38,115
18,572
Creditors: amounts falling due within one year
(39,768)
(42,510)
Net current assets
51,209
23,132
Total assets less current liabilities
2,584,309
2,486,934
Creditors: amounts falling due after more than one year
(222,250)
(226,634)
Net assets attributable to members
2,362,059
2,260,300
Loans and other debts due to members
2,147,456
2,171,996
Other reserves
214,603
88,304
Loans and other debts due to members
2,147,456
2,171,996
Members' other interests
214,603
88,304
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 21 September 2023.
Mr John Turner
Designated member
Limited Liability Partnership Registration No. OC422621
Turners Of Bytham 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.
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:
Land & buildings
5% per annum reducing balance
Plant & machinery
10% per annum reducing balance
Turners Of Bytham LLP is a limited liability partnership, incorporated in England and Wales, registration number OC422621. Its registered office is THE GRANGE, LITTLE BYTHAM, GRANTHAM, LINCOLNSHIRE, NG33 4QS.
3
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
2,207,485
192,390
416
2,400,291
Additions
-
93,572
-
93,572
At 31 March 2023
2,207,485
285,962
416
2,493,863
At 1 April 2022
876
46,626
199
47,701
Charge for the year
286
23,934
54
24,274
At 31 March 2023
1,162
70,560
253
71,975
At 31 March 2023
2,206,323
215,402
163
2,421,888
At 31 March 2022
2,206,609
145,764
217
2,352,590
4
Investments
Other investments
Turners Of Bytham LLP
Notes to the Accounts
for the year ended 31 March 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
23,768
23,532
Obligations under finance leases and hire purchase contracts
9,957
15,087
Trade creditors
3,543
2,716
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
211,454
226,634
Obligations under finance leases and hire purchase contracts
10,796
-
7
Loans and other debts due to members
2023
2022
Loans from members
2,102,621
2,102,621
Amounts due to members in respect of profits
44,835
69,375
Amounts falling due within one year
2,147,456
2,171,996
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 0 (2022: 2).