REGISTERED NUMBER: |
Davis Grant 1 LLP |
Unaudited Financial Statements |
for the Period 1 January 2023 to 21 April 2023 |
REGISTERED NUMBER: |
Davis Grant 1 LLP |
Unaudited Financial Statements |
for the Period 1 January 2023 to 21 April 2023 |
Davis Grant 1 LLP (Registered number: OC345210) |
Contents of the Financial Statements |
for the Period 1 January 2023 to 21 April 2023 |
Page |
Balance Sheet | 1 |
Notes to the Financial Statements | 3 |
Davis Grant 1 LLP (Registered number: OC345210) |
Balance Sheet |
21 April 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
4 |
4 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
8 |
4 |
4 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 8 | 4 | 4 |
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. |
Davis Grant 1 LLP (Registered number: OC345210) |
Balance Sheet - continued |
21 April 2023 |
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 Profit and Loss Account has not been delivered. |
The financial statements were approved by the members of the LLP and authorised for issue on |
Davis Grant 1 LLP (Registered number: OC345210) |
Notes to the Financial Statements |
for the Period 1 January 2023 to 21 April 2023 |
1. | STATUTORY INFORMATION |
Davis Grant 1 LLP is registered in England and Wales. The LLP's registered number and registered office address are as below: |
Registered number: |
Registered office: |
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. |
Turnover |
Turnover represents net invoiced sales of goods and services, excluding value added tax. |
Tangible fixed assets |
Plant and machinery etc | - |
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. |
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 period was |
Davis Grant 1 LLP (Registered number: OC345210) |
Notes to the Financial Statements - continued |
for the Period 1 January 2023 to 21 April 2023 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 January 2023 |
Disposals | ( |
) |
At 21 April 2023 |
DEPRECIATION |
At 1 January 2023 |
Eliminated on disposal | ( |
) |
At 21 April 2023 |
NET BOOK VALUE |
At 21 April 2023 |
At 31 December 2022 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Amounts owed by associates |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
7. | LEASING AGREEMENTS |
Total lease commitments at the balance sheet date were £875. |
8. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
In the event of a winding up, members capital, loans and other debts due to members rank pari-passu with unsecured creditors. |