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REGISTERED NUMBER: OC335926 (England and Wales)















TYRRELL & COMPANY CONSULTANTS LLP

FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2022 TO 30 MARCH 2023






TYRRELL & COMPANY CONSULTANTS LLP (REGISTERED NUMBER: OC335926)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2022 TO 30 MARCH 2023










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TYRRELL & COMPANY CONSULTANTS LLP

GENERAL INFORMATION
FOR THE PERIOD 1 APRIL 2022 TO 30 MARCH 2023







DESIGNATED MEMBERS: Tyrrell & Company (Cambridge) Limited
C Tyrrell





REGISTERED OFFICE: Suite D
South Cambridge Business Park
Babraham Road, Swaston
Cambridge
CB22 3JH





REGISTERED NUMBER: OC335926 (England and Wales)





ACCOUNTANTS: Clarke Nicklin LLP
Chartered Accountants
Clarke Nicklin House
Brooks Drive
Cheadle Royal Business Park
Cheadle
Cheshire
SK8 3TD

TYRRELL & COMPANY CONSULTANTS LLP (REGISTERED NUMBER: OC335926)

BALANCE SHEET
30 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 31,683 85,747
Tangible assets 5 4,340 2,465
36,023 88,212

CURRENT ASSETS
Debtors 6 337,784 385,703
Prepayments and accrued income 12,414 29,757
Cash at bank and in hand 274,458 247,908
624,656 663,368
CREDITORS
Amounts falling due within one year 7 39,361 72,044
NET CURRENT ASSETS 585,295 591,324
TOTAL ASSETS LESS CURRENT
LIABILITIES

621,318

679,536

CREDITORS
Amounts falling due after more than one
year

8

-

33,345
NET ASSETS ATTRIBUTABLE TO
MEMBERS

621,318

646,191

TYRRELL & COMPANY CONSULTANTS LLP (REGISTERED NUMBER: OC335926)

BALANCE SHEET - continued
30 MARCH 2023

2023 2022
Notes £    £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

9

621,318

310,972

MEMBERS' OTHER INTERESTS
Capital accounts - 335,219
621,318 646,191

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 9 621,318 310,972
Members' other interests - 335,219
Amounts due from members 6 (249,975 ) (310,611 )
371,343 335,580

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the period ended 30 March 2023.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

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 28 February 2024 and were signed by:





C Tyrrell - Designated member

TYRRELL & COMPANY CONSULTANTS LLP (REGISTERED NUMBER: OC335926)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2022 TO 30 MARCH 2023


1. STATUTORY INFORMATION

Tyrrell & Company Consultants 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
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008 and subsequently revalued in 2013, is being amortised evenly over its estimated useful life of 10 years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 4% on cost

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEE INFORMATION

The average number of employees during the period was NIL (2022 - NIL).

TYRRELL & COMPANY CONSULTANTS LLP (REGISTERED NUMBER: OC335926)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2022 TO 30 MARCH 2023


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 30 March 2023 577,628
AMORTISATION
At 1 April 2022 491,881
Charge for period 54,064
At 30 March 2023 545,945
NET BOOK VALUE
At 30 March 2023 31,683
At 31 March 2022 85,747

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2022 10,855 18,942 29,797
Additions 666 3,720 4,386
Disposals (1,479 ) - (1,479 )
At 30 March 2023 10,042 22,662 32,704
DEPRECIATION
At 1 April 2022 10,558 16,774 27,332
Charge for period 338 2,173 2,511
Eliminated on disposal (1,479 ) - (1,479 )
At 30 March 2023 9,417 18,947 28,364
NET BOOK VALUE
At 30 March 2023 625 3,715 4,340
At 31 March 2022 297 2,168 2,465

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 87,809 75,092
Other debtors 249,975 310,611
337,784 385,703

TYRRELL & COMPANY CONSULTANTS LLP (REGISTERED NUMBER: OC335926)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2022 TO 30 MARCH 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 8,332
Trade creditors 6,275 34,686
Taxation and social security 28,192 27,739
Other creditors 4,894 1,287
39,361 72,044

At the year end, client money of £5,650 held in the LLP's client bank account.

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 33,345

9. LOANS AND OTHER DEBTS DUE TO MEMBERS

The unsecured debt due to members will rank equally with debts due to other unsecured creditors in a winding up.

10. RELATED PARTY DISCLOSURES

CS Consultancy Accountancy & Taxation Consultants Ltd was a member throughout the period with profit sharing entitlement.