Registered No. OC302298 (England and Wales)
Fahey Removals LLP
Unaudited accounts
for the period from 1 May 2022 to 30 June 2023
Fahey Removals LLP
LLP Information
for the period from 1 May 2022 to 30 June 2023
Designated members
Mr A P Fahey
Registered Number
OC302298 (England and Wales)
Registered Office
Globe House
88-118 Chorlton Rd, Old Trafford
Old Trafford, Stretford
Manchester
M15 4AL
United Kingdom
Accountants
3rd Eye Accountax LTD
PO Box 163
Manchester
Greater Manchester
M26 6DD
Fahey Removals LLP
Statement of financial position
as at 30 June 2023
Tangible assets
48,498
48,498
Cash at bank and in hand
3,866
35,704
Creditors: amounts falling due within one year
(171,083)
(216,282)
Net current liabilities
(167,118)
(180,479)
Total assets less current liabilities
(118,620)
(131,981)
Creditors: amounts falling due after more than one year
(22,176)
(32,233)
Net liabilities attributable to members
(140,796)
(164,214)
Loans and other debts due to members
(427,615)
(315,919)
Other reserves
286,819
151,705
Loans and other debts due to members
(427,615)
(315,919)
Members' other interests
286,819
151,705
For the period 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 13 December 2023.
Mr A P Fahey
Designated member
Limited Liability Partnership Registration No. OC302298
Fahey Removals LLP
Notes to the Accounts
for the period from 1 May 2022 to 30 June 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.
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:
Motor vehicles
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Fahey Removals LLP is a limited liability partnership, incorporated in England and Wales, registration number OC302298. Its registered office is Globe House, 88-118 Chorlton Rd, Old Trafford, Old Trafford, Stretford, Manchester, M15 4AL, United Kingdom.
3
Intangible fixed assets
Goodwill
Fahey Removals LLP
Notes to the Accounts
for the period from 1 May 2022 to 30 June 2023
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 May 2022
109,643
28,526
138,169
At 30 June 2023
109,643
28,526
138,169
At 1 May 2022
61,145
28,526
89,671
At 30 June 2023
61,145
28,526
89,671
At 30 June 2023
48,498
-
48,498
At 30 June 2022
48,498
-
48,498
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
11,100
11,100
Trade creditors
52,797
47,820
Taxes and social security costs
52,114
4,732
Other creditors
29,210
132,630
6
Creditors: amounts falling due after more than one year
2023
2022
7
Loans and other debts due to members
2023
2022
Amounts due to members in respect of profits
(427,615)
(315,919)
Amounts falling due within one year
(427,615)
(315,919)
8
Average number of employees
During the period the average number of employees was 0 (2022: 13).