OC397554falseconsultant for investments2022-02-012023-01-31http://www.companieshouse.gov.uk/2022-01-31http://www.companieshouse.gov.uk/pt:PlantMachinery2022-01-31http://www.companieshouse.gov.uk/cd:Director12022-02-012023-01-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-01-31http://www.companieshouse.gov.uk/cd:Director22022-02-012023-01-31http://www.companieshouse.gov.uk/cd:LimitedLiabilityPartnershipLLP2022-02-012023-01-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-02-012023-01-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-02-012023-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-01-31http://www.companieshouse.gov.uk/2021-02-012022-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-01-31http://www.companieshouse.gov.uk/2022-02-012023-01-31http://www.companieshouse.gov.uk/2022-01-31http://www.companieshouse.gov.uk/cd:FRS1022022-02-012023-01-31http://www.companieshouse.gov.uk/2023-01-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-02-012023-01-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: OC397554

MICROCOM TECHNICS LLP

UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31/01/2023


MICROCOM TECHNICS LLP

ACCOUNTS
FOR THE YEAR ENDED 31/01/2023
DESIGNATED MEMBERS
HILLMONT INC.
LOGOFORM CORP.
REGISTERED OFFICE
2nd Floor, College House 17 King Edwards Road
London
HA4 7AE
COMPANY NUMBER
OC397554

MICROCOM TECHNICS LLP

CONTENTS
Page
Report of the Members3
Report of the Accountants-
Profit and Loss Account4
Balance Sheet5
Notes to the Accounts6
The following do not form part of the statutory financial statements:
Trading and Profit and Loss Account9
Profit and Loss Account Summaries-
Capital Accounts-
Current Accounts9

MICROCOM TECHNICS LLP

MEMBERS' REPORT
FOR THE YEAR ENDED 31/01/2023
The members present their report and accounts for the year ended 31/01/2023
PRINCIPAL ACTIVITIES
The principal activity of the LLP in the year under review was consultant for investments .
RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £9,020 (2022 £17,426).
DRAWINGS POLICY
The LLP operates a drawings policy which has regard to a cautious estimate of expected profits. Drawings are restricted to prudent levels, taking into account working capital performance, until the results for the year and individual members' allocations have been determined.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 as modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
This report was approved on behalf of the members on 29/11/2023
HILLMONT INC.
Designated member

MICROCOM TECHNICS LLP

PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED31/01/2023
Notes20232022
££
TURNOVER382,73930,308
GROSS PROFIT82,73930,308
Administrative expenses(73,719)(12,882)
OPERATING PROFIT9,02017,426
PROFIT FOR THE FINANCIALYEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS9,02017,426

MICROCOM TECHNICS LLP

BALANCE SHEET AT 31/01/2023
20232022
Notes££
FIXED ASSETS
Tangible assets6168,799143,110
CURRENT ASSETS
Debtors71,038,4131,084,981
Cash at bank and in hand16,62712,129
1,055,0401,097,110
CREDITORS: Amounts falling due within one year81,208,4461,157,685
NET CURRENT LIABILITIES(153,406)(60,575)
NET ASSETS ATTRIBUTABLE TO MEMBERS15,39382,535
LOANS AND OTHER DEBTS DUE TO MEMBERS926,44617,426
MEMBERS ' OTHER INTERESTS
26,44617,426
TOTAL MEMBERS' INTERESTS
Loans and other debts due to members926,44617,426
26,44617,426
For the year ending 31/01/2023 the LLP was entitled to exemption under section 477 of the Companies Act 2006 as modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts as modified 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
Approved by the members on 29/11/2023 and signed on their behalf by
.............................
HILLMONT INC.
Designated Member

MICROCOM TECHNICS LLP

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/01/2023
1. ACCOUNTING POLICIES
1b. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships.
1b. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships.
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
2. INFORMATION IN RELATION TO MEMBERS 20232022
The average number of members during the year was22
3. TURNOVER
The turnover and pre-tax result is attributable to consultant for investments.
20232022
££
Sales82,73930,308
82,73930,308
4. OPERATING PROFIT
20232022
££
Operating Profit is stated after charging:
5. EMPLOYEES
20232022
No.No.
Average number of employees--

MICROCOM TECHNICS LLP

6. TANGIBLE FIXED ASSETS
Plant and
MachineryTotal
££
Cost
At 01/02/2022168,799168,799
At 31/01/2023168,799168,799
Depreciation
At 31/01/2023--
Net Book Amounts
At 31/01/2023168,799168,799
At 31/01/2022168,799168,799
7. DEBTORS 20232022
££
Amounts falling due within one year:
Trade debtors1,038,4131,084,981
1,038,4131,084,981
8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
Trade creditors70,6509,425
Other creditors1,137,7961,148,260
1,208,4461,157,685
9. LOANS AND OTHER DEBTS DUE TO MEMBERS 20232022
££
Amounts due to members26,44617,426
The loans and debts due to members rank equally with debts due to ordinary creditors in a winding up.

MICROCOM TECHNICS LLP

10. MEMBERS INTERESTS
Members' capital (classified as equity)ReservesTotalLoans and other debts due to/(from) membersTotal
£££££
Amount due to members17,426
Balance at 01/02/2022---17,42617,426
Profit for the financial year available for discretionary division among members9,0209,020-9,020
Members' interests after profit for the year-9,0209,02017,42626,446
Other divisions of profit(9,020)(9,020)9,020
Amount due to members26,446
Balance at 31/01/2023---26,44626,446

MICROCOM TECHNICS LLP

TRADING AND PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31/01/2023
20232022
££
Turnover82,73930,308
Cost of Sales:
Gross Profit82,73930,308
82,73930,308
Less:
Administrative expenses73,71912,882
73,71912,882
Net profit for the year before taxation9,02017,426
Net profit for the year after taxation9,02017,426
Retained profits brought forward6,07264,809
Retained profits carried forward15,09282,235
This page does not form part of the Company's Statutory Accounts and is prepared for the information of the Directors only.
11. MEMBERS' CURRENT ACCOUNTS
HILLMONT INC.LOGOFORM CORP.Total
£££
At 01/02/20228,7138,71317,426
Share of profit4,5104,5109,020
13,22313,22326,446
At 31/01/202313,22313,22326,446