Limited Liability Partnership registration number OC437336 (England and Wales)
HERALD CONSULTANTS LLP
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
HERALD CONSULTANTS LLP
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
HERALD CONSULTANTS LLP
BALANCE SHEET
AS AT
31 MARCH 2023
31 March 2023
- 1 -
2023
2022
Notes
£
£
£
£
Current assets
Debtors
3
23,082
22,579
Cash at bank and in hand
9,319
1,658
32,401
24,237
Creditors: amounts falling due within one year
4
(31,750)
(10,000)
Net current assets and net assets attributable to members
651
14,237
Represented by:
Loans and other debts due to members
651
14,237

The members of the limited liability partnership have elected not to include a copy of the profit and loss account within the financial statements.

For the financial year ended 31 March 2023 the limited liability partnership was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008) relating to small limited liability partnerships.

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to limited liability partnerships) with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to limited liability partnerships subject to the small limited liability partnerships regime.

The financial statements were approved by the members and authorised for issue on 14 November 2023 and are signed on their behalf by:
14 November 2023
Mr A M Noorani
Designated member
Limited Liability Partnership Registration No. OC437336
HERALD CONSULTANTS LLP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
- 2 -
1
Accounting policies
Limited liability partnership information

Herald Consultants LLP is a limited liability partnership incorporated in England and Wales. The registered office is 3a Chestnut House, Farm Close, Shenley, Hertfordshire, England, WD7 9AD.

 

The limited liability partnership's principal activities are disclosed in the Members' Report.

1.1
Reporting period

The company has changed its accounting reference date from 31st May 2022 to 31st March 2022 in order to be consistent with the UK tax year.

1.2
Accounting convention

These financial statements have been prepared in accordance with the Statement of Recommended Practice "Accounting by Limited Liability Partnerships" issued in December 2021, together with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the limited liability partnership. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.3
Turnover

Turnover represents the amounts recoverable for the services provided to clients, excluding value added tax, under contractual obligations which are performed gradually over time.

2
Employees

The average number of persons (excluding members) employed by the partnership during the year was:

2023
2022
Number
Number
Total
-
0
-
0
3
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
16,650
11,748
Other debtors
6,432
10,831
23,082
22,579
HERALD CONSULTANTS LLP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
- 3 -
4
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
28,000
-
Other creditors
3,750
10,000
31,750
10,000
5
Loans and other debts due to members

In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.

2023-03-312022-04-01false15 November 2023CCH SoftwareCCH Accounts Production 2023.100OC4373362022-04-012023-03-31OC4373362023-03-31OC437336bus:PartnerLLP12022-04-012023-03-31OC4373362021-05-102022-03-31OC437336bus:LimitedLiabilityPartnershipLLP2022-04-012023-03-31OC437336bus:SmallCompaniesRegimeForAccounts2022-04-012023-03-31OC437336bus:FRS1022022-04-012023-03-31OC437336bus:AuditExemptWithAccountantsReport2022-04-012023-03-31OC437336bus:FullAccounts2022-04-012023-03-31xbrli:purexbrli:shares