Registered No. OC344141 (England and Wales)
Nagan Johnson LLP
Unaudited accounts
for the year ended 31 March 2023
Nagan Johnson LLP
LLP Information
for the year ended 31 March 2023
Designated members
Mr Michael Johnson
Registered Number
OC344141 (England and Wales)
Registered Office
2 PONTYPOOL PLACE
LONDON
SE1 8QF
United Kingdom
Nagan Johnson LLP
Statement of financial position
as at 31 March 2023
Tangible assets
41,853
55,804
Cash at bank and in hand
(3,118)
(8,315)
Creditors: amounts falling due within one year
(73,101)
(77,119)
Net current liabilities
(72,491)
(85,434)
Total assets less current liabilities
(30,638)
(29,630)
Creditors: amounts falling due after more than one year
(41,037)
(48,582)
Net liabilities attributable to members
(71,675)
(78,212)
Members' capital classified as equity
26,077
31,147
Other reserves
(97,752)
(109,359)
Members' other interests
(71,675)
(78,212)
For the year ending 31 March 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 12 November 2023.
Mr Michael Johnson
Designated member
Limited Liability Partnership Registration No. OC344141
Nagan Johnson LLP
Notes to the Accounts
for the year ended 31 March 2023
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.
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:
Nagan Johnson LLP is a limited liability partnership, incorporated in England and Wales, registration number OC344141. Its registered office is 2 PONTYPOOL PLACE, LONDON, SE1 8QF, United Kingdom.
3
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2022
42,350
158,500
200,850
At 31 March 2023
42,350
158,500
200,850
At 1 April 2022
37,718
107,328
145,046
Charge for the year
1,158
12,793
13,951
At 31 March 2023
38,876
120,121
158,997
At 31 March 2023
3,474
38,379
41,853
At 31 March 2022
4,632
51,172
55,804
4
Creditors: amounts falling due within one year
2023
2022
Taxes and social security costs
804
15,247
Other creditors
71,695
61,872
5
Creditors: amounts falling due after more than one year
2023
2022
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
Nagan Johnson LLP
Notes to the Accounts
for the year ended 31 March 2023
7
Average number of employees
During the year the average number of employees was 2 (2022: 4).