REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 July 2023 |
for |
MW DESIGNS CONSULTANCY LLP |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 July 2023 |
for |
MW DESIGNS CONSULTANCY LLP |
MW DESIGNS CONSULTANCY LLP (REGISTERED NUMBER: OC368409) |
Contents of the Financial Statements |
for the year ended 31 July 2023 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
MW DESIGNS CONSULTANCY LLP |
General Information |
for the year ended 31 July 2023 |
Designated members: |
Mrs A M Whitehead |
Mrs R C Williams |
Registered office: |
Registered number: |
Bankers: |
6 Broad Street |
Worcester |
Worcestershire |
WR1 2EJ |
MW DESIGNS CONSULTANCY LLP (REGISTERED NUMBER: OC368409) |
Balance Sheet |
31 July 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
Fixed assets |
Tangible assets | 4 |
Current assets |
Debtors | 5 |
Cash at bank |
Creditors |
Amounts falling due within one year | 6 |
Net current liabilities | ( |
) |
Total assets less current liabilities |
and |
Net liabilities attributable to members | - | - |
Loans and other debts due to members | - | - |
Total members' interests |
Amounts due from members | 5 | (130,796 | ) | (92,754 | ) |
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. |
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 |
MW DESIGNS CONSULTANCY LLP (REGISTERED NUMBER: OC368409) |
Notes to the Financial Statements |
for the year ended 31 July 2023 |
1. | Statutory information |
MW Designs Consultancy 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 |
Motor vehicles | - |
Computer equipment | - |
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. |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
Loans and other debts due to members |
In the event of a winding up the amounts included in 'Loans and other debtors due to members" will rank equally with unsecured creditors. |
Debtors and creditors receivable/payable within one year |
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. |
3. | Employee information |
The average number of employees during the year was |
MW DESIGNS CONSULTANCY LLP (REGISTERED NUMBER: OC368409) |
Notes to the Financial Statements - continued |
for the year ended 31 July 2023 |
4. | Tangible fixed assets |
Motor | Computer |
vehicles | equipment | Totals |
£ | £ | £ |
Cost |
At 1 August 2022 |
Additions |
Disposals | ( |
) | ( |
) |
At 31 July 2023 |
Depreciation |
At 1 August 2022 |
Charge for year |
Eliminated on disposal | ( |
) | ( |
) |
At 31 July 2023 |
Net book value |
At 31 July 2023 |
At 31 July 2022 |
5. | Debtors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Other debtors |
6. | Creditors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Taxation and social security |
Other creditors |
7. | Related party disclosures |
At the year end there was a balance owing to MW Designs Limited, a connected company, totalling £133,335 (2022: £96,8335) and a balance owing from MW Design Consultancy Holdings Limited, a connected company, totalling £1,774 (2022: £1,774). |
8. | Ultimate controlling party |
In the opinion of the members there is no ultimate controlling party. |