Registered No. OC426170 (England and Wales)
Foghorn Investments LLP
Unaudited accounts
for the year ended 28 February 2023
Foghorn Investments LLP
LLP Information
for the year ended 28 February 2023
Designated members
Mrs Helen Jones
Registered Number
OC426170 (England and Wales)
Registered Office
12 Peveril Close, Appleton
Appleton
Warrington
Cheshire
WA4 5BU
Accountants
Invictus Accountancy Services Limited
1 Stable Court Business Centre
Water Lane Farm Tarbock Green
Liverpool
Merseyside
L35 1RD
Foghorn Investments LLP
Statement of financial position
as at 28 February 2023
Tangible assets
184,056
184,056
Cash at bank and in hand
291
4
Creditors: amounts falling due within one year
(97,741)
(128,683)
Net current liabilities
(47,001)
(78,230)
Total assets less current liabilities
137,055
105,826
Creditors: amounts falling due after more than one year
(158,190)
(117,810)
Net liabilities attributable to members
(21,135)
(11,984)
Other reserves
(21,135)
(11,984)
Members' other interests
(21,135)
(11,984)
For the year ending 28 February 2023 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 19 February 2024.
Mrs Helen Jones
Designated member
Limited Liability Partnership Registration No. OC426170
Foghorn Investments LLP
Notes to the Accounts
for the year ended 28 February 2023
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
Investment properties are revalued annually and any surplus or deficit is dealt with through profit and loss. No depreciation is provided in respect of investment properties.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Foghorn Investments LLP is a limited liability partnership, incorporated in England and Wales, registration number OC426170. Its registered office is 12 Peveril Close, Appleton, Appleton, Warrington, Cheshire, WA4 5BU.
3
Tangible fixed assets
Land & buildings
At 28 February 2023
184,056
At 28 February 2023
184,056
At 28 February 2022
184,056
4
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
7,308
50,000
Amounts owed to group undertakings and other participating interests
40,023
28,873
Other creditors
49,810
49,810
Foghorn Investments LLP
Notes to the Accounts
for the year ended 28 February 2023
5
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
158,190
117,810
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).