CSS TRANSPORT AND FARMING LLP Filleted Accounts Cover |
Registered No. OC442409 | |||||||||
CSS TRANSPORT AND FARMING LLP Balance Sheet Registrar |
at | ||||||||||
Registered No. | Notes | 2023 | ||||||||
£ | ||||||||||
Fixed assets | ||||||||||
Tangible assets | 5 | 15,676 | ||||||||
15,676 | ||||||||||
Current assets | ||||||||||
Debtors | 6 | 2,035 | ||||||||
Cash at bank and in hand | 3,963 | |||||||||
5,998 | ||||||||||
Creditors: Amounts falling due within one year | 7 | (21,781) | ||||||||
Net current liabilities | (15,783) | |||||||||
Total assets less current liabilities | (107) | |||||||||
Net liabilities attributable to members | (107) | |||||||||
Represented by: | ||||||||||
Loans and other debts due to members | (107) | |||||||||
Members' other interests | ||||||||||
(107) | ||||||||||
As permitted by section 444 (5A)of the Companies Act 2006 the members have not delivered to the Registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the members on 21 February 2024 and signed on its behalf by: | ||||||||||
S.M. Goddard | ||||||||||
Designated member | ||||||||||
21 February 2024 |
CSS TRANSPORT AND FARMING LLP Notes to the Accounts Registrar |
for the period ended 31 May 2023 | ||||||||||||||||
1 | General information | |||||||||||||||
CSS TRANSPORT AND FARMING LLP is a limited liability partnership and incorporated in England and Wales. | ||||||||||||||||
Its registered number is: OC442409 | ||||||||||||||||
Its registered office is: | ||||||||||||||||
2 | Accounting policies |
Turnover | ||||||||||||||||
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when all the following conditions are satisfied: • the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; • the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; • the amount of revenue can be measured reliably; • it is probable that the economic benefits associated with the transaction will flow to the Company; and • the costs incurred or to be incurred in respect of the transaction can be measured reliably. Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed. | ||||||||||||||||
Members' remuneration and division of profits | ||||||||||||||||
Remuneration is paid to certain members under a contract of employment and is included as an expense in the profit and loss account. In addition, the LLP agreement provides that fixed amounts, determined for each member each year, be paid to members, irrespective of the profits of the LLP. These amounts are included within members' remuneration charged as an expense. Profits are treated as being available for discretionary division only if the the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Once agreement has been reached to divide the profits, a members' share in the profit or loss for the year is accounted for as an allocation of profits. Unallocated profits and losses remain included within 'other reserves'. | ||||||||||||||||
Trade and other debtors | ||||||||||||||||
Trade and other creditors | ||||||||||||||||
Provisions | ||||||||||||||||
Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the balance sheet. | ||||||||||||||||
Members' Interests | ||||||||||||||||
Members' interests are classified as either equity or debt. Equity interests comprise any capital introduced classified as equity, any unallocated profits, any revaluation reserve and any other reserves. Loans and other debts due to members comprise any capital introduced but classified as a liability, any loans from members, amounts due to members in respect of allocated profits less drawings and any other amounts that the LLP is contractually obliged to repay to members. | ||||||||||||||||
Taxation | ||||||||||||||||
3 | Information in relation to members | |||||||||||||||
2023 | ||||||||||||||||
£ | £ | |||||||||||||||
Automatic division of profits | (107) | - | ||||||||||||||
(107) | - | |||||||||||||||
4 | Employees | |||||||||||||||
2023 | ||||||||||||||||
Number | Number | |||||||||||||||
The average number of persons employed during the period was: | ||||||||||||||||
5 | Tangible fixed assets | |||||||||||||||
Plant and machinery | Motor vehicles | Total | ||||||||||||||
£ | £ | £ | ||||||||||||||
Cost | ||||||||||||||||
Additions | ||||||||||||||||
At 31 May 2023 | ||||||||||||||||
Depreciation | ||||||||||||||||
Charge for the year | ||||||||||||||||
At 31 May 2023 | ||||||||||||||||
Net book values | ||||||||||||||||
At 31 May 2023 | ||||||||||||||||
6 | Debtors | |||||||||||||||
2023 | ||||||||||||||||
£ | £ | |||||||||||||||
Trade debtors | ||||||||||||||||
VAT recoverable | ||||||||||||||||
7 | Creditors: | |||||||||||||||
amounts falling due within one year | ||||||||||||||||
2023 | ||||||||||||||||
£ | £ | |||||||||||||||
Other loans | ||||||||||||||||
Trade creditors | ||||||||||||||||
Accruals and deferred income | ||||||||||||||||
8 | Loans and other debts due to members | |||||||||||||||
2023 | ||||||||||||||||
£ | £ | |||||||||||||||
Amounts due to members in respect of profits | (107) | - | ||||||||||||||
(107) | - | |||||||||||||||
Amounts falling due within one year | (107) | - | ||||||||||||||
(107) | - | |||||||||||||||