1 April 2022 false No description of principal activity Taxfiler 2023.10.1 OC344141business:LimitedLiabilityPartnershipLLP2022-04-012023-03-31 OC3441412022-03-31 OC3441412022-04-012023-03-31 OC344141business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 OC344141business:FullAccounts2022-04-012023-03-31 OC3441412023-03-31 OC344141business:PartnerLLP12022-04-012023-03-31 OC344141business:PartnerLLP22022-04-012023-03-31 OC344141business:RegisteredOffice2022-04-012023-03-31 OC3441412022-03-31 OC344141core:WithinOneYear2023-03-31 OC344141core:WithinOneYear2022-03-31 OC344141core:AfterOneYear2023-03-31 OC344141core:AfterOneYear2022-03-31 OC344141core:ShareCapital2023-03-31 OC344141core:ShareCapital2022-03-31 OC344141core:RetainedEarningsAccumulatedLosses2023-03-31 OC344141core:RetainedEarningsAccumulatedLosses2022-03-31 OC344141business:SmallEntities2022-04-012023-03-31 OC344141countries:EnglandWales2022-04-012023-03-31 OC344141core:PlantMachinery2022-03-31 OC344141core:FurnitureFittings2022-03-31 OC344141core:PlantMachinery2023-03-31 OC344141core:FurnitureFittings2023-03-31 OC344141core:PlantMachinery2022-04-012023-03-31 OC344141core:FurnitureFittings2022-04-012023-03-31 OC3441412021-04-012022-03-31 iso4217:GBP xbrli:pure
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
Mrs Deborah Nagan
Registered Number
OC344141 (England and Wales)
Registered Office
2 PONTYPOOL PLACE LONDON SE1 8QF United Kingdom
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Nagan Johnson LLP Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
41,853 
55,804 
Current assets
Debtors
3,728 
- 
Cash at bank and in hand
(3,118)
(8,315)
610 
(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)
Represented by:
Members' other interests
Members' capital classified as equity
26,077 
31,147 
Other reserves
(97,752)
(109,359)
(71,675)
(78,212)
(71,675)
(78,212)
Total members' interests
Members' other interests
(71,675)
(78,212)
(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
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Nagan Johnson LLP Notes to the Accounts for the year ended 31 March 2023
1
Accounting policies
Basis of preparation
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.
Presentation currency
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:
2
Statutory information
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 
Depreciation
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 
Net book value
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 
£ 
£ 
Trade creditors
602 
- 
Taxes and social security costs
804 
15,247 
Other creditors
71,695 
61,872 
73,101 
77,119 
5
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
41,037 
48,582 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
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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).
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