1 May 2022 false No description of principal activity Taxfiler 2023.10 OC338405business:LimitedLiabilityPartnershipLLP2022-05-012023-04-30 OC3384052022-04-30 OC3384052022-05-012023-04-30 OC338405business:AuditExempt-NoAccountantsReport2022-05-012023-04-30 OC338405business:FullAccounts2022-05-012023-04-30 OC3384052023-04-30 OC338405business:PartnerLLP12022-05-012023-04-30 OC338405business:PartnerLLP22022-05-012023-04-30 OC338405business:PartnerLLP32022-05-012023-04-30 OC338405business:PartnerLLP42022-05-012023-04-30 OC338405business:RegisteredOffice2022-05-012023-04-30 OC3384052022-04-30 OC338405core:WithinOneYear2023-04-30 OC338405core:WithinOneYear2022-04-30 OC338405core:AfterOneYear2023-04-30 OC338405core:AfterOneYear2022-04-30 OC338405core:ShareCapital2023-04-30 OC338405core:ShareCapital2022-04-30 OC338405business:SmallEntities2022-05-012023-04-30 OC338405core:PlantMachinery2022-05-012023-04-30 OC338405core:MotorVehicles2022-05-012023-04-30 OC338405countries:EnglandWales2022-05-012023-04-30 OC338405core:Goodwill2022-04-30 OC338405core:Goodwill2023-04-30 OC338405core:Goodwill2022-05-012023-04-30 OC338405core:LandBuildings2022-04-30 OC338405core:MotorVehicles2022-04-30 OC338405core:FurnitureFittings2022-04-30 OC338405core:LandBuildings2022-05-012023-04-30 OC338405core:FurnitureFittings2022-05-012023-04-30 OC338405core:LandBuildings2023-04-30 OC338405core:MotorVehicles2023-04-30 OC338405core:FurnitureFittings2023-04-30 OC3384052021-05-012022-04-30 iso4217:GBP xbrli:pure
Registered No. OC338405 (England and Wales)
M R Horn & Partners LLP Unaudited accounts for the year ended 30 April 2023
M R Horn & Partners LLP LLP Information for the year ended 30 April 2023
Designated members
Mrs Jacqueline Heather Horn
Mr Martyn Raymond Horn
Mrs Monica Horn
M R Horn Transport Ltd
Registered Number
OC338405 (England and Wales)
Registered Office
LLOYDS BANK CHAMBERS HIGH STREET CREDITON DEVON EX17 3AH
Accountants
H W Martin & Co LLP Lloyds Bank Chambers High Street Crediton Devon EX17 3AH
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M R Horn & Partners LLP Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
25,500 
30,600 
Tangible assets
333,375 
333,782 
358,875 
364,382 
Current assets
Inventories
4,643 
7,953 
Debtors
320,620 
245,222 
325,263 
253,175 
Creditors: amounts falling due within one year
(387,041)
(254,087)
Net current liabilities
(61,778)
(912)
Total assets less current liabilities
297,097 
363,470 
Creditors: amounts falling due after more than one year
(177,609)
(227,519)
Net assets attributable to members
119,488 
135,951 
Represented by:
Loans and other debts due to members
(195,228)
(178,765)
Members' other interests
Members' capital classified as equity
314,716 
314,716 
119,488 
135,951 
Total members' interests
Loans and other debts due to members
(195,228)
(178,765)
Members' other interests
314,716 
314,716 
119,488 
135,951 
For the year ending 30 April 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 8 November 2023.
Mr Martyn Raymond Horn Designated member Limited Liability Partnership Registration No. OC338405
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M R Horn & Partners LLP Notes to the Accounts for the year ended 30 April 2023
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.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
2
Statutory information
M R Horn & Partners LLP is a limited liability partnership, incorporated in England and Wales, registration number OC338405. Its registered office is LLOYDS BANK CHAMBERS, HIGH STREET, CREDITON, DEVON, EX17 3AH.
3
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2022
45,900 
At 30 April 2023
45,900 
Amortisation
At 1 May 2022
15,300 
Charge for the year
5,100 
At 30 April 2023
20,400 
Net book value
At 30 April 2023
25,500 
At 30 April 2022
30,600 
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M R Horn & Partners LLP Notes to the Accounts for the year ended 30 April 2023
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2022
293,250 
58,160 
75,759 
427,169 
Additions
6,377 
- 
- 
6,377 
At 30 April 2023
299,627 
58,160 
75,759 
433,546 
Depreciation
At 1 May 2022
- 
35,852 
57,535 
93,387 
Charge for the year
- 
2,452 
4,332 
6,784 
At 30 April 2023
- 
38,304 
61,867 
100,171 
Net book value
At 30 April 2023
299,627 
19,856 
13,892 
333,375 
At 30 April 2022
293,250 
22,308 
18,224 
333,782 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
115,377 
128,421 
Trade creditors
91,487 
66,929 
Other creditors
173,852 
58,737 
Accruals
6,325 
- 
387,041 
254,087 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
177,609 
227,519 
7
Loans and other debts due to members
2023 
2022 
£ 
£ 
Loans from members
(195,228)
(178,765)
Amounts falling due within one year
(195,228)
(178,765)
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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