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REGISTERED NUMBER: SO302597 (Scotland)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

Botterills Consultancy & Property
Partnership LLP

Botterills Consultancy & Property
Partnership LLP (Registered number: SO302597)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Botterills Consultancy & Property
Partnership LLP

General Information
for the Year Ended 31 May 2023







DESIGNATED MEMBERS: L A Craig
A W Craig



REGISTERED OFFICE: Block 9, South Avenue
Blantyre Industrial Estate
High Blantyre
Lanarkshire
G72 0XB



REGISTERED NUMBER: SO302597 (Scotland)



ACCOUNTANTS: Sharles Ltd
Chartered Accountants
29 Brandon Street
Hamilton
ML3 6DA



SOLICITORS: John Jackson Dick
48 Cadzow Street
Hamilton
ML3 6DT

Botterills Consultancy & Property
Partnership LLP (Registered number: SO302597)

Balance Sheet
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 130 587
Investment property 6 400,000 400,000
400,130 400,587

CURRENT ASSETS
Debtors 7 17,873 18,924
Cash at bank 9,498 17,514
27,371 36,438
CREDITORS
Amounts falling due within one year 8 19,436 17,230
NET CURRENT ASSETS 7,935 19,208
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

408,065

419,795

LOANS AND OTHER DEBTS DUE TO
MEMBERS

9

408,065

419,795

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 9 408,065 419,795

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 May 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.

Botterills Consultancy & Property
Partnership LLP (Registered number: SO302597)

Balance Sheet - continued
31 May 2023


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 10 October 2023 and were signed by:




A W Craig - Designated member




L A Craig - Designated member


Botterills Consultancy & Property
Partnership LLP (Registered number: SO302597)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Botterills Consultancy & Property Partnership LLP is registered in Scotland. 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. STATEMENT OF COMPLIANCE

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. There were no material departures from the standard.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Tangible fixed assets held for the companies own use are stated at cost less accumulated depreciation and accumulated impairment loss.

At each balance sheet date, the company reviews the carrying amounts of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Expenditure of £500 or more on individual tangible fixed assets is capitalised at cost. Expenditure on assets below this threshold is charged directly to the profit and loss account in the period it is incurred.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Income
Income is derived from rents received from investment properties.

Income is measured at the fair value of rents received, and is recognised at the point that the company obtains the right to the consideration.

4. EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2022 - 2 ) .

Botterills Consultancy & Property
Partnership LLP (Registered number: SO302597)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022
and 31 May 2023 22,918
DEPRECIATION
At 1 June 2022 22,331
Charge for year 457
At 31 May 2023 22,788
NET BOOK VALUE
At 31 May 2023 130
At 31 May 2022 587

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2022
and 31 May 2023 400,000
NET BOOK VALUE
At 31 May 2023 400,000
At 31 May 2022 400,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 17,873 18,924

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 2,934 2,918
Social security and other taxes 84 -
VAT 2,225 1,888
Accrued expenses 14,193 12,424
19,436 17,230

Botterills Consultancy & Property
Partnership LLP (Registered number: SO302597)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

9. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank below other creditors.

Chartered Accountants' Report to the Members
on the Unaudited Financial Statements of
Botterills Consultancy & Property
Partnership LLP

The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Botterills Consultancy & Property Partnership LLP for the year ended 31 May 2023 which comprise the Income Statement, Balance Sheet, Reconciliation of Members' Interests and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the members of Botterills Consultancy & Property Partnership LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Botterills Consultancy & Property Partnership LLP and state those matters that we have agreed to state to the members of Botterills Consultancy & Property Partnership LLP, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Botterills Consultancy & Property Partnership LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Botterills Consultancy & Property Partnership LLP. You consider that Botterills Consultancy & Property Partnership LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Botterills Consultancy & Property Partnership LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Sharles Ltd
Chartered Accountants
29 Brandon Street
Hamilton
ML3 6DA


10 October 2023