1 March 2022 false No description of principal activity Taxfiler 2023.14 OC426170business:LimitedLiabilityPartnershipLLP2022-03-012023-02-28 OC4261702022-02-28 OC4261702022-03-012023-02-28 OC426170business:AuditExemptWithAccountantsReport2022-03-012023-02-28 OC426170business:FullAccounts2022-03-012023-02-28 OC4261702023-02-28 OC426170business:PartnerLLP12022-03-012023-02-28 OC426170business:PartnerLLP22022-03-012023-02-28 OC426170business:RegisteredOffice2022-03-012023-02-28 OC4261702022-02-28 OC426170core:WithinOneYear2023-02-28 OC426170core:WithinOneYear2022-02-28 OC426170core:AfterOneYear2023-02-28 OC426170core:AfterOneYear2022-02-28 OC426170core:RetainedEarningsAccumulatedLosses2023-02-28 OC426170core:RetainedEarningsAccumulatedLosses2022-02-28 OC426170business:SmallEntities2022-03-012023-02-28 OC426170core:LandBuildings2022-03-012023-02-28 OC426170countries:EnglandWales2022-03-012023-02-28 OC426170core:LandBuildings2022-02-28 OC426170core:LandBuildings2023-02-28 OC4261702021-03-012022-02-28 iso4217:GBP xbrli:pure
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
Mr Matthew 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
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Foghorn Investments LLP Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
184,056 
184,056 
Current assets
Debtors
50,449 
50,449 
Cash at bank and in hand
291 
4 
50,740 
50,453 
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)
Represented by:
Members' other interests
Other reserves
(21,135)
(11,984)
(21,135)
(11,984)
Total members' interests
Members' other interests
(21,135)
(11,984)
(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
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Foghorn Investments LLP Notes to the Accounts for the year ended 28 February 2023
1
Accounting policies
Basis of preparation
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.
Presentation currency
The accounts are presented in £ sterling.
Investment property
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:
Land & buildings
2%
2
Statutory information
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 
£ 
Cost or valuation
At cost 
At 1 March 2022
184,056 
At 28 February 2023
184,056 
Depreciation
At 28 February 2023
- 
Net book value
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 
Accruals
600 
- 
97,741 
128,683 
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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).
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