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REGISTERED NUMBER: OC307412 (England and Wales)















Report of the Members and

Unaudited Financial Statements for the Year Ended 31 March 2023

for

Peckham Snaith Associates LLP

Peckham Snaith Associates LLP (Registered number: OC307412)






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 5


Peckham Snaith Associates LLP

General Information
for the Year Ended 31 March 2023







DESIGNATED MEMBERS: R Peckham
Ms B Snaith





REGISTERED OFFICE: Unit 3 Cedar Court
1 Royal Oak Yard
Lodnon
SE1 3GA





REGISTERED NUMBER: OC307412 (England and Wales)





ACCOUNTANTS: ElanTax.com
Unit 3 Cedar Court
1 Royal Oak Yard
London
SE1 3GA

Peckham Snaith Associates LLP (Registered number: OC307412)

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.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the year under review was that of architect.

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

R Peckham
Ms B Snaith

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £36,327 (2022 - £38,647 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





R Peckham - Designated member


21 September 2023

Peckham Snaith Associates LLP (Registered number: OC307412)

Income Statement
for the Year Ended 31 March 2023

31.3.23 31.3.22
Notes £    £   

TURNOVER 43,570 49,105

Cost of sales - 2,325
GROSS PROFIT 43,570 46,780

Administrative expenses 7,243 8,133
OPERATING PROFIT and
PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS




36,327




38,647

Peckham Snaith Associates LLP (Registered number: OC307412)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 527 703

CURRENT ASSETS
Debtors 6 4,072 10,519
Cash at bank 33,502 25,002
37,574 35,521
CREDITORS
Amounts falling due within one year 7 5,456 11,338
NET CURRENT ASSETS 32,118 24,183
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

32,645

24,886

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

32,645

24,886

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 32,645 24,886

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.

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 21 September 2023 and were signed by:




R Peckham - Designated member

Peckham Snaith Associates LLP (Registered number: OC307412)

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

1. STATUTORY INFORMATION

Peckham Snaith Associates 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.
Plant and machinery etc - 25% on reducing balance

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 176 234

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022
and 31 March 2023 4,337
DEPRECIATION
At 1 April 2022 3,634
Charge for year 176
At 31 March 2023 3,810
NET BOOK VALUE
At 31 March 2023 527
At 31 March 2022 703

Peckham Snaith Associates LLP (Registered number: OC307412)

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 3,240 9,570
Other debtors 832 949
4,072 10,519

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Taxation and social security 4,756 9,888
Other creditors 700 1,450
5,456 11,338

8. LOANS AND OTHER DEBTS DUE TO MEMBERS
31.3.23 31.3.22
£    £   
Amounts owed to members in respect of profits 32,645 24,886

Falling due within one year 32,645 24,886