Registered number: | |
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Marine Geology Services LLP | ||
Unaudited Accounts | ||
for the Year Ended | ||
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Balance Sheet
as at
The members have not delivered a copy of the LLP's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006 (as applied to LLPs).
The financial statements were approved by the members and signed on their behalf by:
.........................................................
Approved by members on
BELKASO FOUNDATION
Designated Member
Marine Geology Services LLP
Registered number: OC343108 (England and Wales)
Marine Geology Services LLP
Notes to the Accounts
for the year ended 28 February 2023
1. | Accounting Policies |
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Basis of preparation These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, the Companies Act 2006 and the Statement of Recommended Practice "Accounting by Limited Liability Partnerships". |
Tangible fixed assets depreciation policy | |||
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows:
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2. | Tangible Fixed Assets | |||
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Plant & machinery | Total | |||
£ | £ | |||
Cost | ||||
At 28 February 2022 |
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At 28 February 2023 |
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Depreciation | ||||
At 28 February 2022 |
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Charge for the period |
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At 28 February 2023 |
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Net book value | ||||
At 28 February 2023 |
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At 28 February 2022 |
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3. | Employees | |||
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2023 | 2022 | |||
Average number of employees during the period |
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4. | Other Information |
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The managers of the company did not receive any form of remuneration or emoluments during this period. The company primarily conducts business in foreign currencies, such as USD and RUB and therefore the accounts have been prepared in USD. Exchange rates on 28/02/2023 was 1.19956 USD per pound sterling. |