IRIS Accounts Production v23.3.0.418 OC438297 designated member 1.4.22 31.3.23 31.3.23 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC4382972022-03-31OC4382972023-03-31OC4382972022-04-012023-03-31OC4382972021-07-12OC4382972021-07-132022-03-31OC4382972022-03-31OC438297ns10:Originalns15:EnglandWales2022-04-012023-03-31OC438297ns14:PoundSterlingns10:Original2022-04-012023-03-31OC438297ns10:Originalns10:Director12022-04-012023-03-31OC438297ns10:Original2022-04-012023-03-31OC438297ns10:Original2023-03-31OC438297ns10:Originalns10:LimitedLiabilityPartnershipLLP2022-04-012023-03-31OC438297ns10:Originalns10:SmallEntities2022-04-012023-03-31OC438297ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-31OC438297ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-31OC438297ns10:LimitedLiabilityPartnershipsSORPns10:Original2022-04-012023-03-31OC438297ns10:Originalns10:FullAccounts2022-04-012023-03-31OC438297ns10:Original2021-07-132022-03-31OC438297ns10:Originalns10:Director22022-04-012023-03-31OC438297ns10:Originalns10:RegisteredOffice2022-04-012023-03-31OC438297ns10:Original2022-03-31OC438297ns10:Originalns5:CurrentFinancialInstruments2023-03-31OC438297ns10:Originalns5:CurrentFinancialInstruments2022-03-31OC438297ns10:Originalns5:Non-currentFinancialInstruments2023-03-31OC438297ns10:Originalns5:Non-currentFinancialInstruments2022-03-31OC438297ns10:Original2022-03-31OC438297ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-03-31OC438297ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-03-31
REGISTERED NUMBER: OC438297 (England and Wales)











Financial Statements

for the Year Ended 31 March 2023

for

A & J SPEIGHT LLP

A & J SPEIGHT LLP (REGISTERED NUMBER: OC438297)






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




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A & J SPEIGHT LLP

General Information
for the Year Ended 31 March 2023







DESIGNATED MEMBERS: Mr J C Speight
Mrs A J Speight





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: OC438297 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

A & J SPEIGHT LLP (REGISTERED NUMBER: OC438297)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 990,196 990,196

CURRENT ASSETS
Cash at bank 4,624 1,510

CREDITORS
Amounts falling due within one year 5 4,143 2,880
NET CURRENT ASSETS/(LIABILITIES) 481 (1,370 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

990,677

988,826

CREDITORS
Amounts falling due after more than one year 6 682,374 682,374
NET ASSETS ATTRIBUTABLE TO MEMBERS 308,303 306,452

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

308,303

306,452

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 308,303 306,452

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 March 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.

A & J SPEIGHT LLP (REGISTERED NUMBER: OC438297)

Balance Sheet - continued
31 March 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 14 November 2023 and were signed by:





Mrs A J Speight - Designated member

A & J SPEIGHT LLP (REGISTERED NUMBER: OC438297)

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

1. STATUTORY INFORMATION

A & J Speight LLP is registered in England and Wales. 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. 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.

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.

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.

3. EMPLOYEE INFORMATION

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022
and 31 March 2023 990,196
NET BOOK VALUE
At 31 March 2023 990,196
At 31 March 2022 990,196

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Accruals and deferred income 4,143 2,880

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans (see note 7) 682,374 682,374

A & J SPEIGHT LLP (REGISTERED NUMBER: OC438297)

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

7. LOANS

An analysis of the maturity of loans is given below:

31.3.23 31.3.22
£    £   
Amounts falling due between two and five years:
Bank loans - 2-5 years 682,374 682,374

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

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