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REGISTERED NUMBER: OC371874 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Wayne Leighton LLP

Wayne Leighton LLP (Registered number: OC371874)






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




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Wayne Leighton LLP

General Information
for the Year Ended 31 MARCH 2023







DESIGNATED MEMBERS: R Shah
A G Shah





REGISTERED OFFICE: Suite 2C, Brosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW





REGISTERED NUMBER: OC371874 (England and Wales)





ACCOUNTANTS: The Greene Partnership LLP
Suite 2C, Brosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW

Wayne Leighton LLP (Registered number: OC371874)

Balance Sheet
31 MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 18,159 19,847

CURRENT ASSETS
Debtors 5 89,605 224,333
Cash at bank and in hand 25,712 117,312
115,317 341,645
CREDITORS
Amounts falling due within one year 6 50,347 154,870
NET CURRENT ASSETS 64,970 186,775
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

83,129

206,622

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

83,129

206,622

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 83,129 206,622

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.

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 24 November 2023 and were signed by:



R Shah - Designated member

Wayne Leighton LLP (Registered number: OC371874)

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

1. STATUTORY INFORMATION

Wayne Leighton LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

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
Turnover represents fees receivable, 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.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 20% on reducing balance

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 5 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2022 18,858 48,998 67,856
Additions - 2,508 2,508
At 31 March 2023 18,858 51,506 70,364
DEPRECIATION
At 1 April 2022 13,346 34,663 48,009
Charge for year 827 3,369 4,196
At 31 March 2023 14,173 38,032 52,205
NET BOOK VALUE
At 31 March 2023 4,685 13,474 18,159
At 31 March 2022 5,512 14,335 19,847

Wayne Leighton LLP (Registered number: OC371874)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 59,480 84,648
Accrued fees 15,250 27,500
Prepayments 14,875 112,185
89,605 224,333

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 10,417 104,034
Trade creditors 9,621 12,118
Social security and other taxes 1,678 1,901
VAT 23,152 30,659
Other creditors - 1,050
Accrued expenses 5,479 5,108
50,347 154,870

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up.

There is no provision for specific legally enforceable protection afforded to creditors in such an event.

There are no restrictions or limitations on the ability of members to reduce the amount of ' Members' other interests.