Registered No. OC312576 (England and Wales)
BPP Construction Consultants LLP
Unaudited accounts
for the year ended 31 October 2023
BPP Construction Consultants LLP
Statement of financial position
as at 31 October 2023
Tangible assets
7,104
7,591
Cash at bank and in hand
67,329
90,022
Creditors: amounts falling due within one year
(34,844)
(41,054)
Net current assets
95,988
173,573
Net assets attributable to members
103,092
181,164
Loans and other debts due to members
99,892
177,964
Members' capital classified as equity
3,200
3,200
Loans and other debts due to members
99,892
177,964
Members' other interests
3,200
3,200
For the year ending 31 October 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 13 February 2024.
Mr Robert Mathews
Designated member
Limited Liability Partnership Registration No. OC312576
BPP Construction Consultants LLP
Notes to the Accounts
for the year ended 31 October 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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance basis
Fixtures & fittings
25% reducing balance basis
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
BPP Construction Consultants LLP is a limited liability partnership, incorporated in England and Wales, registration number OC312576. Its registered office is 25 Wilton Road, London, SW1V 1LW, United Kingdom.
BPP Construction Consultants LLP
Notes to the Accounts
for the year ended 31 October 2023
3
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2022
56,744
18,221
74,965
At 31 October 2023
56,744
20,102
76,846
At 1 November 2022
51,024
16,350
67,374
Charge for the year
1,430
938
2,368
At 31 October 2023
52,454
17,288
69,742
At 31 October 2023
4,290
2,814
7,104
At 31 October 2022
5,720
1,871
7,591
4
Creditors: amounts falling due within one year
2023
2022
Trade creditors
7,932
10,529
Taxes and social security costs
26,912
30,525
5
Loans and other debts due to members
2023
2022
Amounts due to members in respect of profits
99,892
177,964
Amounts falling due within one year
99,892
177,964
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 4 (2022: 4).