CARS DISTRIBUTION COMPANY LLP |
Registered number: |
OC348849 |
Balance Sheet |
as at 30 September 2022 |
Notes |
|
2022 |
|
2021 |
£ |
£ |
Current assets |
|
|
|
|
|
Cash at bank and in hand |
|
|
997 |
|
997 |
|
|
Net current assets |
|
|
997 |
|
997 |
|
|
|
|
|
|
Total assets less current liabilities |
|
|
997 |
|
997 |
|
Creditors: amounts falling due after more than one year |
3 |
|
(10,905) |
|
(10,905) |
|
|
Net liabilities attributable to members |
(9,908) |
|
(9,908) |
|
|
|
|
|
|
Represented by: |
Loans and other debts due to members |
4 |
|
3,552 |
|
3,552 |
|
|
|
|
|
|
Members' other interests |
Members' capital classified as equity |
|
|
408 |
|
408 |
Other reserves |
|
|
(13,868) |
|
(13,868) |
|
|
|
(13,460) |
|
(13,460) |
|
|
|
|
|
|
|
|
|
(9,908) |
|
(9,908) |
|
|
|
|
|
|
Total members' interests |
Loans and other debts due to members |
4 |
|
3,552 |
|
3,552 |
Members' other interests |
|
|
(13,460) |
|
(13,460) |
|
|
|
|
(9,908) |
|
(9,908) |
|
|
|
|
|
|
For the year ended 30 September 2022 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to 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. |
The 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. |
|
These accounts were approved by the members on 7 November 2023 and signed on their behalf by: |
|
|
Findeco Limited |
Designated member |
|
CARS DISTRIBUTION COMPANY LLP |
Notes to the Accounts |
for the year ended 30 September 2022 |
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
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. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Members' capital |
|
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional. |
|
|
2 |
Employees |
2022 |
|
2021 |
Number |
Number |
|
|
Average number of persons employed by the LLP |
- |
|
1 |
|
|
|
|
|
|
|
|
|
|
3 |
Creditors: amounts falling due after one year |
2022 |
|
2021 |
£ |
£ |
|
|
Other creditors |
10,905 |
|
10,905 |
|
|
|
|
|
|
|
|
|
|
4 |
Loans and other debts due to members |
2022 |
|
2021 |
£ |
£ |
|
|
Loans from members |
2,061 |
|
3,552 |
|
|
|
|
|
|
|
|
|
|
Amounts falling due within one year |
2,061 |
|
3,552 |
|
|
|
|
|
|
|
|
|
|
Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up. |
|
|
5 |
Other information |
|
|
CARS DISTRIBUTION COMPANY LLP is a limited liability partnership incorporated in England. Its registered office is: |
|
102 Langdale House |
|
11 Marshalsea Road |
|
London |
|
SE1 1EN |