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Registered number: OC300124

Martin & Fahy Accountants LLP

ACCOUNTS
FOR THE YEAR ENDED 31/03/2023

Prepared By:
Martin & Fahy Accountants LLP
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP

Martin & Fahy Accountants LLP

ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
DESIGNATED MEMBERS
Pauline Ashworth
Marcus Haynes
REGISTERED OFFICE
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP
COMPANY NUMBER
OC300124
ACCOUNTANTS
Martin & Fahy Accountants LLP
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP

Martin & Fahy Accountants LLP

BALANCE SHEET AT 31/03/2023
20232022
Notes££
FIXED ASSETS
Tangible assets246,1967,281
CURRENT ASSETS
Debtors3100,673111,224
Cash at bank and in hand6,2746,105
106,947117,329
CREDITORS: Amounts falling due within one year84,72972,318
NET CURRENT ASSETS22,21845,011
TOTAL ASSETS LESS CURRENT LIABILITIES68,41452,292
CREDITORS: Amounts falling due after more than oneyear514,382-
NET ASSETS ATTRIBUTABLE TO MEMBERS54,03252,292
MEMBERS ' OTHER INTERESTS
Capital accounts54,03252,292
54,03252,292
TOTAL MEMBERS' INTERESTS
Members' other interests54,03252,292
54,03252,292
For the year ending 31/03/2023 the LLP was entitled to exemption under section 477 of the Companies Act 2006 as modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts as modified 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
The members have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the members on 08/10/2023 and signed on their behalf by
.............................
Marcus Haynes
Designated Member

Martin & Fahy Accountants LLP

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships.
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 25%
Motor Carsreducing balance 25%
1c. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
2. TANGIBLE FIXED ASSETS
EquipmentMotor CarsTotal
£££
Cost
At 01/04/20229,708-9,708
Additions11,13443,98955,123
At 31/03/202320,84243,98964,831
Depreciation
At 01/04/20222,427-2,427
For the year5,21110,99716,208
At 31/03/20237,63810,99718,635
Net Book Amounts
At 31/03/202313,20432,99246,196
At 31/03/20227,281-7,281

Martin & Fahy Accountants LLP

3. DEBTORS 20232022
££
Amounts falling due within one year:
Trade debtors98,637107,293
Other Debtors2,0363,931
100,673111,224
4. EMPLOYEES
20232022
No.No.
Average number of employees66
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans and overdrafts14,382-
14,382-