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Registered No. OC360021 (England and Wales)
Umbrella Accountants LLP Unaudited accounts for the year ended 30 June 2023
Umbrella Accountants LLP LLP Information for the year ended 30 June 2023
Designated members
Dexter Dyer
Miles Grady
Nicholas Holmes
Registered Number
OC360021 (England and Wales)
Registered Office
Bollin House Bollin Walk Wilmslow Cheshire SK9 1DP
Accountants
CloudAccountant.co.uk Bollin House Bollin Link Wilmslow Cheshire SK9 1DP
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Umbrella Accountants LLP Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,820 
5,093 
Current assets
Debtors
142,468 
108,291 
Cash at bank and in hand
48,051 
82,331 
190,519 
190,622 
Creditors: amounts falling due within one year
(145,215)
(143,721)
Net current assets
45,304 
46,901 
Net assets attributable to members
49,124 
51,994 
Represented by:
Members' other interests
Other reserves
49,124 
51,994 
49,124 
51,994 
Total members' interests
Members' other interests
49,124 
51,994 
49,124 
51,994 
For the year ending 30 June 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 7 March 2024.
Nicholas Holmes Designated member Limited Liability Partnership Registration No. OC360021
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Umbrella Accountants LLP Notes to the Accounts for the year ended 30 June 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.
Going concern
After Reviewing the partnership's forecasts and projections, the members have a reasonable expectation that the LLP has adequate resources to continue in operational existence for the foreseeable future. The LLP therefore continues to adopt the going concern basis in preparing its consolidated financial statements.
Revenue recognition
Revenue is recognised to the extent that the limited liability partnership obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.
Taxation
The taxation payable on the partnership's profits is the personal liability of the members. Consequently, neither partnership taxation nor related deferred taxation is accounted for in these financial statements.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
2
Statutory information
Umbrella Accountants LLP is a limited liability partnership, incorporated in England and Wales, registration number OC360021. Its registered office is Bollin House, Bollin Walk, Wilmslow, Cheshire, SK9 1DP.
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Umbrella Accountants LLP Notes to the Accounts for the year ended 30 June 2023
3
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2022
8,311 
29,634 
37,945 
At 30 June 2023
8,311 
29,634 
37,945 
Depreciation
At 1 July 2022
7,211 
25,641 
32,852 
Charge for the year
275 
998 
1,273 
At 30 June 2023
7,486 
26,639 
34,125 
Net book value
At 30 June 2023
825 
2,995 
3,820 
At 30 June 2022
1,100 
3,993 
5,093 
4
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
1,434 
76,543 
Amounts owed to group undertakings and other participating interests
16,248 
11,119 
Taxes and social security costs
38,043 
46,417 
Other creditors
86,606 
6,758 
Accruals
2,884 
2,884 
145,215 
143,721 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 15 (2022: 18).
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