REGISTERED NUMBER: |
Report of the Members and |
Financial Statements for the Year Ended 1 October 2023 |
for |
Swann Construction (UK) LLP |
REGISTERED NUMBER: |
Report of the Members and |
Financial Statements for the Year Ended 1 October 2023 |
for |
Swann Construction (UK) LLP |
Swann Construction (UK) LLP (Registered number: OC331838) |
Contents of the Financial Statements |
for the Year Ended 1 October 2023 |
Page |
General Information | 1 |
Report of the Members | 2 |
Income Statement | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 6 |
Swann Construction (UK) LLP |
General Information |
for the Year Ended 1 October 2023 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Certified Accountants |
Kristale House |
Bracklyn Avenue, |
East Grinstead |
West Sussex |
RH19 2LW |
Swann Construction (UK) LLP (Registered number: OC331838) |
Report of the Members |
for the Year Ended 1 October 2023 |
The members present their report with the financial statements of the LLP for the year ended 1 October 2023. |
PRINCIPAL ACTIVITY |
The principal activity of the LLP in the year under review was that of managing commercial properties. |
DESIGNATED MEMBERS |
The designated members during the year under review were: |
RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS |
The profit for the year before members' remuneration and profit shares was £152,253 (2022 - £128,461 profit). |
MEMBERS' INTERESTS |
ON BEHALF OF THE MEMBERS: |
Swann Construction (UK) LLP (Registered number: OC331838) |
Income Statement |
for the Year Ended 1 October 2023 |
1.10.23 | 1.10.22 |
Notes | £ | £ |
TURNOVER |
Administrative expenses |
OPERATING PROFIT | 4 |
Interest receivable and similar income |
152,383 | 128,593 |
Interest payable and similar expenses |
PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES |
152,253 |
128,461 |
PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES |
152,253 |
128,461 |
Members' remuneration charged as an expense |
5 |
(152,253 |
) |
(128,461 |
) |
PROFIT FOR THE FINANCIAL YEAR AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS |
Swann Construction (UK) LLP (Registered number: OC331838) |
Balance Sheet |
1 October 2023 |
1.10.23 | 1.10.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 6 |
CURRENT ASSETS |
Prepayments and accrued income |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
1,755,617 |
1,760,579 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
8 |
177,002 |
181,964 |
MEMBERS' OTHER INTERESTS |
Capital accounts | 1,578,615 | 1,578,615 |
1,755,617 | 1,760,579 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 8 | 177,002 | 181,964 |
Members' other interests | 1,578,615 | 1,578,615 |
1,755,617 | 1,760,579 |
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. |
Swann Construction (UK) LLP (Registered number: OC331838) |
Balance Sheet - continued |
1 October 2023 |
The financial statements were approved by the members of the LLP and authorised for issue on |
Swann Construction (UK) LLP (Registered number: OC331838) |
Notes to the Financial Statements |
for the Year Ended 1 October 2023 |
1. | STATUTORY INFORMATION |
Swann Construction (UK) 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 |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
3. | EMPLOYEE INFORMATION |
The average number of employees during the year was NIL (2022 - NIL). |
4. | OPERATING PROFIT |
The operating profit is stated after charging: |
1.10.23 | 1.10.22 |
£ | £ |
Depreciation - owned assets |
5. | INFORMATION IN RELATION TO MEMBERS |
1.10.23 | 1.10.22 |
£ | £ |
Members' remuneration charged as an expense |
Automatic division of profit | 152,253 | 128,461 |
Swann Construction (UK) LLP (Registered number: OC331838) |
Notes to the Financial Statements - continued |
for the Year Ended 1 October 2023 |
6. | TANGIBLE FIXED ASSETS |
Plant and |
Land and | machinery |
buildings | etc | Totals |
£ | £ | £ |
COST |
At 2 October 2022 |
and 1 October 2023 |
DEPRECIATION |
At 2 October 2022 |
Charge for year |
At 1 October 2023 |
NET BOOK VALUE |
At 1 October 2023 |
At 1 October 2022 |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
1.10.23 | 1.10.22 |
£ | £ |
Trade creditors |
Other creditors |
8. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up. |
There is no provision for specific legally enforceable protection afforded to creditors in such an event. |
There are no restrictions or limitations on the ability of the members to reduce the amount of members' total interests. |