Registered No. OC432153 (England and Wales)
TCX Earlswood LLP
Unaudited accounts
for the year ended 30 June 2023
TCX Earlswood LLP
LLP Information
for the year ended 30 June 2023
Designated members
Mr Mark Anthony Fowler
Registered Number
OC432153 (England and Wales)
Registered Office
UNIT 8 WOODFIELD FARM NORTON LANE
EARLSWOOD
SOLIHULL
WEST MIDLANDS
B94 5LS
UNITED KINGDOM
Accountants
Perfect Balance Accounting
63 Micklehill Drive
Solihull
West Midlands
B90 2PU
TCX Earlswood LLP
Statement of financial position
as at 30 June 2023
Cash at bank and in hand
(10)
15,752
Creditors: amounts falling due within one year
(605)
-
Net current (liabilities)/assets
(615)
15,752
Total assets less current liabilities
(615)
15,782
Creditors: amounts falling due after more than one year
(2,103)
(1,791)
Net (liabilities)/assets attributable to members
(2,718)
13,991
Loans and other debts due to members
(49,837)
(30,500)
Members' capital classified as equity
1,060
1,060
Other reserves
46,059
43,431
Loans and other debts due to members
(49,837)
(30,500)
Members' other interests
47,119
44,491
For the year ending 30 June 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 6 October 2023.
Mr Peter James Reade
Designated member
Limited Liability Partnership Registration No. OC432153
TCX Earlswood LLP
Notes to the Accounts
for the year ended 30 June 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense.
Members' shares in the profit or loss for the year are accounted for as an allocation of profits. Unallocated profits and losses are included within 'other reserves'.
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
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:
Computer equipment
50% Straight Line Assets Introduced into business. 25% Straight Line for new assets purchased
TCX Earlswood LLP is a limited liability partnership, incorporated in England and Wales, registration number OC432153. Its registered office is UNIT 8 WOODFIELD FARM NORTON LANE, EARLSWOOD, SOLIHULL, WEST MIDLANDS, B94 5LS, UNITED KINGDOM. The LLP is in the process of being wound up.
TCX Earlswood LLP
Notes to the Accounts
for the year ended 30 June 2023
3
Tangible fixed assets
Computer equipment
4
Creditors: amounts falling due within one year
2023
2022
5
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
2,103
1,791
6
Loans and other debts due to members
2023
2022
Amounts due to members in respect of profits
(49,837)
(30,500)
Amounts falling due within one year
(49,837)
(30,500)
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).