IRIS Accounts Production v23.1.0.753 OC392015 designated member 1.3.22 28.2.23 28.2.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureOC3920152022-02-28OC3920152023-02-28OC3920152022-03-012023-02-28OC3920152021-02-28OC3920152021-03-012022-02-28OC3920152022-02-28OC392015ns16:EnglandWales2022-03-012023-02-28OC392015ns15:PoundSterling2022-03-012023-02-28OC392015ns11:Director12022-03-012023-02-28OC392015ns11:LimitedLiabilityPartnershipLLP2022-03-012023-02-28OC392015ns11:SmallEntities2022-03-012023-02-28OC392015ns11:AuditExempt-NoAccountantsReport2022-03-012023-02-28OC392015ns11:SmallCompaniesRegimeForAccounts2022-03-012023-02-28OC392015ns11:LimitedLiabilityPartnershipsSORP2022-03-012023-02-28OC392015ns11:FullAccounts2022-03-012023-02-28OC392015ns11:Director22022-03-012023-02-28OC392015ns11:RegisteredOffice2022-03-012023-02-28OC392015ns6:CurrentFinancialInstruments2023-02-28OC392015ns6:CurrentFinancialInstruments2022-02-28OC392015ns6:Non-currentFinancialInstruments2023-02-28OC392015ns6:Non-currentFinancialInstruments2022-02-28OC392015ns6:MotorVehicles2022-03-012023-02-28OC392015ns6:MotorVehicles2022-02-28OC392015ns6:MotorVehicles2023-02-28OC392015ns6:MotorVehicles2022-02-28OC392015ns6:WithinOneYearns6:CurrentFinancialInstruments2023-02-28OC392015ns6:WithinOneYearns6:CurrentFinancialInstruments2022-02-28
REGISTERED NUMBER: OC392015 (England and Wales)















Financial Statements for the Year Ended 28 February 2023

for

Linear Control Systems Installations LLP

Linear Control Systems Installations LLP (Registered number: OC392015)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Linear Control Systems Installations LLP

General Information
for the Year Ended 28 February 2023







DESIGNATED MEMBERS: Mrs S Davenport
J Davenport
D Davenport
A J Davenport





REGISTERED OFFICE: Unit 2
United Business Park
Lowfields Road
Leeds
West Yorkshire
LS12 6UB





REGISTERED NUMBER: OC392015 (England and Wales)





ACCOUNTANTS: Richard Smedley Limited
Chartered Accountants & Registered Auditors
Richmond House
Lawnswood Business Park
Redvers Close
Leeds
West Yorkshire
LS16 6QY

Linear Control Systems Installations LLP (Registered number: OC392015)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 175,534 158,741

CURRENT ASSETS
Debtors 5 7,433 19,252
Cash at bank 16,637 15,831
24,070 35,083
CREDITORS
Amounts falling due within one year 6 85,389 90,255
NET CURRENT LIABILITIES (61,319 ) (55,172 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

114,215

103,569

CREDITORS
Amounts falling due after more than one year 7 24,171 46,500
NET ASSETS ATTRIBUTABLE TO
MEMBERS

90,044

57,069

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

90,044

57,069

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 90,044 57,069

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 28 February 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.

Linear Control Systems Installations LLP (Registered number: OC392015)

Balance Sheet - continued
28 February 2023


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 15 January 2024 and were signed by:





D Davenport - Designated member

Linear Control Systems Installations LLP (Registered number: OC392015)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Linear Control Systems Installations 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 net invoiced sales of installation services and materials excluding value added tax. Revenue is recognised when the company obtains the right to receive consideration for services and materials provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 3 (2022 - 4 ) .

Linear Control Systems Installations LLP (Registered number: OC392015)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 March 2022 262,466
Additions 155,740
Disposals (143,000 )
At 28 February 2023 275,206
DEPRECIATION
At 1 March 2022 103,725
Charge for year 58,510
Eliminated on disposal (62,563 )
At 28 February 2023 99,672
NET BOOK VALUE
At 28 February 2023 175,534
At 28 February 2022 158,741

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors - 9,724
Other debtors 7,433 9,528
7,433 19,252

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 13,217 12,334
Trade creditors 29,615 53,913
Taxation and social security 1,288 4,654
Other creditors 31,269 9,354
85,389 90,255

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Bank loans 24,171 34,167
Hire purchase contracts - 12,333
24,171 46,500

Linear Control Systems Installations LLP (Registered number: OC392015)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

8. LOANS AND OTHER DEBTS DUE TO MEMBERS
28.2.23 28.2.22
£    £   
Amounts owed to members in respect of profits 90,044 57,069

Falling due within one year 90,044 57,069

In the event of winding up, other unsecured creditors would be paid first before any repayment of members' accounts.