REGISTERED NUMBER: |
Report of the Members and |
Unaudited Financial Statements for the Year Ended 30 September 2023 |
for |
Derbyshire Pie & Co LLP |
REGISTERED NUMBER: |
Report of the Members and |
Unaudited Financial Statements for the Year Ended 30 September 2023 |
for |
Derbyshire Pie & Co LLP |
Derbyshire Pie & Co LLP (Registered number: OC433505) |
Contents of the Financial Statements |
for the Year Ended 30 September 2023 |
Page |
General information | 1 |
Report of the members | 2 |
Income statement | 3 |
Balance sheet | 4 |
Notes to the financial statements | 6 |
Derbyshire Pie & Co LLP |
General Information |
for the Year Ended 30 September 2023 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Moors House |
11 South Hawksworth Street |
Ilkley |
West Yorkshire |
LS29 9DX |
Derbyshire Pie & Co LLP (Registered number: OC433505) |
Report of the Members |
for the Year Ended 30 September 2023 |
The members present their report with the financial statements of the LLP for the year ended 30 September 2023. |
PRINCIPAL ACTIVITY |
The principal activity of the LLP in the year under review was that of |
DESIGNATED MEMBERS |
The designated members during the year under review were: |
RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS |
The profit for the year before members' remuneration and profit shares was £101,757 (2022 - £105,809 profit). |
MEMBERS' INTERESTS |
ON BEHALF OF THE MEMBERS: |
Derbyshire Pie & Co LLP (Registered number: OC433505) |
Income Statement |
for the Year Ended 30 September 2023 |
30.9.23 | 30.9.22 |
Notes | £ | £ |
TURNOVER |
Cost of sales |
GROSS PROFIT |
Administrative expenses |
103,764 | 105,454 |
Other operating income |
OPERATING PROFIT | 4 |
Interest receivable and similar income |
104,036 | 106,133 |
Interest payable and similar expenses |
PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES |
101,757 |
105,809 |
PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES |
101,757 |
105,809 |
Members' remuneration charged as an expense |
5 |
(101,757 |
) |
(105,809 |
) |
PROFIT FOR THE FINANCIAL YEAR AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS |
Derbyshire Pie & Co LLP (Registered number: OC433505) |
Balance Sheet |
30 September 2023 |
30.9.23 | 30.9.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 6 |
CURRENT ASSETS |
Stocks |
Debtors | 7 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 8 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
143,206 |
90,866 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
9 |
143,206 |
90,866 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members |
9 |
143,206 |
90,866 |
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. |
Derbyshire Pie & Co LLP (Registered number: OC433505) |
Balance Sheet - continued |
30 September 2023 |
The financial statements were approved by the members of the LLP and authorised for issue on |
Derbyshire Pie & Co LLP (Registered number: OC433505) |
Notes to the Financial Statements |
for the Year Ended 30 September 2023 |
1. | STATUTORY INFORMATION |
Derbyshire Pie & Co 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 |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
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 |
4. | OPERATING PROFIT |
The operating profit is stated after charging: |
30.9.23 | 30.9.22 |
£ | £ |
Depreciation - owned assets |
5. | INFORMATION IN RELATION TO MEMBERS |
30.9.23 | 30.9.22 |
£ | £ |
Members' remuneration charged as an expense |
Automatic division of profit | 101,757 | 105,809 |
Derbyshire Pie & Co LLP (Registered number: OC433505) |
Notes to the Financial Statements - continued |
for the Year Ended 30 September 2023 |
6. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 October 2022 |
Additions |
Disposals | ( |
) |
At 30 September 2023 |
DEPRECIATION |
At 1 October 2022 |
Charge for year |
Eliminated on disposal | ( |
) |
At 30 September 2023 |
NET BOOK VALUE |
At 30 September 2023 |
At 30 September 2022 |
7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.9.23 | 30.9.22 |
£ | £ |
Trade debtors |
VAT |
Prepayments |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.9.23 | 30.9.22 |
£ | £ |
Bank loans and overdrafts |
Hire purchase contracts |
Trade creditors |
Social security and other taxes |
Other creditors |
Accrued expenses |
Derbyshire Pie & Co LLP (Registered number: OC433505) |
Notes to the Financial Statements - continued |
for the Year Ended 30 September 2023 |
9. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
30.9.23 | 30.9.22 |
£ | £ |
Amounts owed to members in respect of profits | 143,206 | 90,866 |
Falling due within one year | 143,206 | 90,866 |
In the event of winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors. |