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REGISTERED NUMBER: OC376720 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023

FOR

AVERIL BLUNDELL INTERIOR DESIGN LLP

AVERIL BLUNDELL INTERIOR DESIGN LLP (REGISTERED NUMBER: OC376720)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3


AVERIL BLUNDELL INTERIOR DESIGN LLP (REGISTERED NUMBER: OC376720)

BALANCE SHEET
5 APRIL 2023

5.4.23 5.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 569,967 549,360

CURRENT ASSETS
Stocks 25,361 15,949
Debtors 5 503,677 428,729
Cash at bank 39,673 396,080
568,711 840,758
CREDITORS
Amounts falling due within one year 6 200,841 418,547
NET CURRENT ASSETS 367,870 422,211
TOTAL ASSETS LESS CURRENT
LIABILITIES

937,837

971,571

CREDITORS
Amounts falling due after more than one
year

7

26,754

36,811
NET ASSETS ATTRIBUTABLE TO
MEMBERS

911,083

934,760

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

MEMBERS' OTHER INTERESTS
Capital accounts 873,603 873,603
Other reserves 37,480 61,157
911,083 934,760

TOTAL MEMBERS' INTERESTS
Members' other interests 911,083 934,760
Amounts due from members 5 (451,220 ) (384,175 )
459,863 550,585

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 5 April 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.

AVERIL BLUNDELL INTERIOR DESIGN LLP (REGISTERED NUMBER: OC376720)

BALANCE SHEET - continued
5 APRIL 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 Profit and loss account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 20 November 2023 and were signed by:





Mrs A C Gornall - Designated member

AVERIL BLUNDELL INTERIOR DESIGN LLP (REGISTERED NUMBER: OC376720)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023

1. STATUTORY INFORMATION

Averil Blundell Interior Design LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number: OC376720

Registered office: Mount St John
Felixkirk
Thirsk
North Yorkshire
YO7 2DT

The presentation currency of the financial statements is the Pound Sterling, which is the functional currency of the company, rounded to the nearest £1.

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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover represents net invoiced sales of services excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold property - Straight line over 25 years
Motor vehicles - Straight line over 6 years
Office equipment - 33.33% on cost and 15% reducing balance

All fixed assets are originally recorded at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term creditors are measured at the transaction price.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2022 - 1 ) .

AVERIL BLUNDELL INTERIOR DESIGN LLP (REGISTERED NUMBER: OC376720)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2023

4. TANGIBLE FIXED ASSETS
Leasehold Motor Office
property vehicles equipment Totals
£    £    £    £   
COST
At 6 April 2022 706,019 - 106,803 812,822
Additions - 63,944 - 63,944
At 5 April 2023 706,019 63,944 106,803 876,766
DEPRECIATION
At 6 April 2022 184,711 - 78,751 263,462
Charge for year 28,241 2,664 12,432 43,337
At 5 April 2023 212,952 2,664 91,183 306,799
NET BOOK VALUE
At 5 April 2023 493,067 61,280 15,620 569,967
At 5 April 2022 521,308 - 28,052 549,360

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.23 5.4.22
£    £   
Trade debtors 6,000 -
Amounts due from members 451,220 384,175
VAT 13,883 -
Prepayments and accrued income 32,574 44,554
503,677 428,729

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.23 5.4.22
£    £   
Bank loans and overdrafts 9,705 9,897
Loans 74,000 -
Trade creditors 56,471 29,725
Social security and other taxes 389 223
VAT - 56,926
Other creditors 8,581 2,424
Accruals and deferred income 51,695 319,352
200,841 418,547

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
5.4.23 5.4.22
£    £   
Bank loans - 1-5 years 26,754 36,811

AVERIL BLUNDELL INTERIOR DESIGN LLP (REGISTERED NUMBER: OC376720)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2023

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
5.4.23 5.4.22
£    £   
Within one year 1,687 1,687
Between one and five years 2,530 4,217
4,217 5,904

9. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank pari passu in relation to other creditors.