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REGISTERED NUMBER: OC326084 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

ASH & CO. CS LLP

ASH & CO. CS LLP (REGISTERED NUMBER: OC326084)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ASH & CO. CS LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DESIGNATED MEMBERS: S J McKeag
A Mylechreest
B P Fenley





REGISTERED OFFICE: 3 Pullman Court
Great Western Road
Gloucester
Gloucestershire
GL1 3ND





REGISTERED NUMBER: OC326084 (England and Wales)





ACCOUNTANTS: Randall & Payne LLP
Chartered Accountants
Chargrove House
Shurdington Road
Cheltenham
Gloucestershire
GL51 4GA

ASH & CO. CS LLP (REGISTERED NUMBER: OC326084)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 57,707 71,982
Tangible assets 5 17,478 21,307
75,185 93,289

CURRENT ASSETS
Stocks 4,219 3,816
Debtors 6 152,201 128,516
Cash at bank and in hand 71,260 63,214
227,680 195,546
CREDITORS
Amounts falling due within one year 7 151,846 118,607
NET CURRENT ASSETS 75,834 76,939
TOTAL ASSETS LESS CURRENT
LIABILITIES

151,019

170,228

CREDITORS
Amounts falling due after more than one
year

8

29,036

38,466
NET ASSETS ATTRIBUTABLE TO
MEMBERS

121,983

131,762

ASH & CO. CS LLP (REGISTERED NUMBER: OC326084)

BALANCE SHEET - continued
31 MARCH 2023

2023 2022
Notes £    £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

10

46,983

56,762

MEMBERS' OTHER INTERESTS
Capital accounts 75,000 75,000
121,983 131,762

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 10 46,983 56,762
Members' other interests 75,000 75,000
121,983 131,762

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 and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 6 November 2023 and were signed by:




B P Fenley - Designated member




A Mylechreest - Designated member


ASH & CO. CS LLP (REGISTERED NUMBER: OC326084)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Ash & Co. Cs LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net invoiced sales of goods, excluding value added tax.
Turnover is recognised upon completion of consultancy contracts.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 10% on cost
Fixtures & Fittings - 20% on cost
Computer equipment - 33% on cost

Government grants
Government grants relating to tangible fixed assets are treated as deferred income and released to the
profit and loss over the expected useful lives of the assets to which they relate. Government grants
which are not directly attributable to fixed assets are recognised in the profit and loss in accordance
with the accruals method in line with FRS 102

Stocks & work in progress
Work in progress is valued at the lower of cost and net realisable value.

Financial instruments
Financial Instruments are classified by the members as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

ASH & CO. CS LLP (REGISTERED NUMBER: OC326084)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

2. ACCOUNTING POLICIES - continued

Provisions
Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

Going concern
The members have considered the risks and issues concerning the partnership and it's activities and no material uncertainties that may cast significant doubt about the partnership's ability to continue as a going concern have been identified by the members.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 14 (2022 - 13 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 142,755
AMORTISATION
At 1 April 2022 70,773
Charge for year 14,275
At 31 March 2023 85,048
NET BOOK VALUE
At 31 March 2023 57,707
At 31 March 2022 71,982

5. TANGIBLE FIXED ASSETS
Short Fixtures Computer
leasehold & Fittings equipment Totals
£    £    £    £   
COST
At 1 April 2022 21,299 4,763 35,177 61,239
Additions - - 2,967 2,967
Disposals - - (9,324 ) (9,324 )
At 31 March 2023 21,299 4,763 28,820 54,882
DEPRECIATION
At 1 April 2022 7,810 4,616 27,506 39,932
Charge for year 2,130 58 4,608 6,796
Eliminated on disposal - - (9,324 ) (9,324 )
At 31 March 2023 9,940 4,674 22,790 37,404
NET BOOK VALUE
At 31 March 2023 11,359 89 6,030 17,478
At 31 March 2022 13,489 147 7,671 21,307

ASH & CO. CS LLP (REGISTERED NUMBER: OC326084)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 105,054 79,804
Prepayments 47,147 48,712
152,201 128,516

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,647 10,647
Trade creditors 60,121 39,293
Social security and other taxes 9,948 8,030
Pension 2,062 1,865
VAT 43,386 32,101
Other creditors 5,349 6,064
Accrued expenses 20,333 20,607
151,846 118,607

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 2-5 years 29,036 38,466

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 38,000 38,000
Between one and five years 68,000 92,000
In more than five years - 14,000
106,000 144,000

10. LOANS AND OTHER DEBTS DUE TO MEMBERS
2023 2022
£    £   
Amounts owed to members in respect of profits 46,983 56,762

Falling due within one year 46,983 56,762

In the event of the LLP winding up, creditors interests will be met first and interests of the members will be met last.