Caseware UK (AP4) 2023.0.135 2023.0.135 2023-07-312023-07-31false0No description of principal activity2022-08-01true0truefalse OC328162 2022-08-01 2023-07-31 OC328162 2021-08-01 2022-07-31 OC328162 2023-07-31 OC328162 2022-07-31 OC328162 c:EntityHasNeverTraded 2022-08-01 2023-07-31 OC328162 c:FRS102 2022-08-01 2023-07-31 OC328162 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 OC328162 c:FullAccounts 2022-08-01 2023-07-31 OC328162 c:LimitedLiabilityPartnershipLLP 2022-08-01 2023-07-31 OC328162 c:PartnerLLP1 2022-08-01 2023-07-31 OC328162 c:PartnerLLP2 2022-08-01 2023-07-31 OC328162 c:PartnerLLP3 2022-08-01 2023-07-31 OC328162 d:PoundSterling 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure

Registered number: OC328162









MD AIRWAYS LLP







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

 
MD AIRWAYS LLP
 

INFORMATION






Designated Members

Ronald Martin
Martin Dawn Plc


LLP registered number

OC328162

Registered office

Roots Hall StadiumVictoria AvenueSouthend on SeaEssexSS2 6NQ


 
MD AIRWAYS LLP
 

CONTENTS



Page
Members' Report
1
Profit and Loss Account
2
Balance Sheet
3
Notes to the Financial Statements
4


 
MD AIRWAYS LLP
 
  
MEMBERS' REPORT
FOR THE YEAR ENDED 31 JULY 2023

The members present their annual report together with the financial statements of MD Airways LLP (the "LLP") for the ended 31 July 2023
 

Designated Members
 
 
Ronald Martin and Martin Dawn Plc were designated members of the LLP throughout the period.
 

 
Members' capital and interests
 
 
Each member's subscription to the capital of the LLP is determined by their share of the profit and is repayable following retirement from the LLP.
 
 
Details of changes in members' capital in the ended 31 July 2023 are set out in the financial statements.
 
 
Members are remunerated from the profits of the LLP and are required to make their own provision for pensions and other benefits. Profits are allocated and divided between members after finalisation of the financial statements. Members draw a proportion of their profit shares monthly during the year in which it is made, with the balance of profits being distributed after the year, subject to the cash requirements of the business.
 

This report was approved by the members and signed on their behalf by: 



Ronald Martin
Designated member


Date: 11 April 2024

Date: 11 April 2024
Page 1

 
MD AIRWAYS LLP
 
 
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 JULY 2023

The LLP has not traded during the year or the preceding financial year. During these periods, the LLP received no income and incurred no expenditure and therefore made neither profit or loss.

Page 2

 
MD AIRWAYS LLP
REGISTERED NUMBER: OC328162

BALANCE SHEET
AS AT 31 JULY 2023

2023
2022
Note
£
£

  

  

Total assets less current liabilities
  
 
-
 
-

  

Net assets
  
-
-


Represented by:
  

Loans and other debts due to members within one year
  

  

  
-
-


  

  
-
-


The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLPs regime.

The entity was entitled to exemption from audit under section 480 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

The financial statements were approved and authorised for issue by the members and were signed on their behalf by: 




Ronald Martin
Designated member

Date: 11 April 2024

The notes on page 4 form part of these financial statements.

MD Airways LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of Changes in Equity.

Page 3

 
MD AIRWAYS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.


General information

MD Airways LLP is a limited liability partnership incorporated in England & Wales under the Companies Act 2006.  The address of the registered office is Roots Hall Stadium, Victoria Avenue, Southend on Sea, Essex SS2 6NQ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

 
2.2

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense in .

Page 4