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REGISTERED NUMBER: OC392353 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

AMETHYST INDEPENDENT FINANCIAL ADVISORS
LLP

AMETHYST INDEPENDENT FINANCIAL ADVISORS
LLP (REGISTERED NUMBER: OC392353)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 5

Report of the Accountants 7

AMETHYST INDEPENDENT FINANCIAL ADVISORS
LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DESIGNATED MEMBERS: PJHJ Services Limited
M Butler
Alan Dennett Financial Services Limited





REGISTERED OFFICE: 83 Howard Street
North Shields
Tyne and Wear
NE30 1AF





REGISTERED NUMBER: OC392353 (England and Wales)





ACCOUNTANTS: Momentum Taxation and Accountancy Ltd
Harelands Courtyard Offices
Moor Road
Melsonby
Richmond
North Yorkshire
DL10 5NY

AMETHYST INDEPENDENT FINANCIAL ADVISORS
LLP (REGISTERED NUMBER: OC392353)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,928 5,642

CURRENT ASSETS
Debtors 5 7,226 2,825
Cash at bank and in hand 94,246 71,064
101,472 73,889
CREDITORS
Amounts falling due within one year 6 1,200 4,531
NET CURRENT ASSETS 100,272 69,358
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

109,200

75,000

AMETHYST INDEPENDENT FINANCIAL ADVISORS
LLP (REGISTERED NUMBER: OC392353)

BALANCE SHEET - continued
31 MARCH 2023

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

-

-

MEMBERS' OTHER INTERESTS
Capital accounts 109,200 75,000
109,200 75,000

TOTAL MEMBERS' INTERESTS
Members' other interests 109,200 75,000
Amounts due from members 5 (5,663 ) -
103,537 75,000

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 year ended 31 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.

AMETHYST INDEPENDENT FINANCIAL ADVISORS
LLP (REGISTERED NUMBER: OC392353)

BALANCE SHEET - continued
31 MARCH 2023


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 29 March 2024 and were signed by:





PJHJ Services Limited - Designated member

AMETHYST INDEPENDENT FINANCIAL ADVISORS
LLP (REGISTERED NUMBER: OC392353)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Amethyst Independent Financial Advisors 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office Equipment - 15% on reducing balance

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.

Pension costs and other post-retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2022 - 1 ) .

AMETHYST INDEPENDENT FINANCIAL ADVISORS
LLP (REGISTERED NUMBER: OC392353)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. TANGIBLE FIXED ASSETS
Office
Equipment
£   
COST
At 1 April 2022 26,784
Additions 4,861
At 31 March 2023 31,645
DEPRECIATION
At 1 April 2022 21,142
Charge for year 1,575
At 31 March 2023 22,717
NET BOOK VALUE
At 31 March 2023 8,928
At 31 March 2022 5,642

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 7,226 2,825

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 1,200 4,531

AMETHYST INDEPENDENT FINANCIAL ADVISORS
LLP

REPORT OF THE ACCOUNTANTS TO THE MEMBERS OF
AMETHYST INDEPENDENT FINANCIAL ADVISORS
LLP


The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2023 set out on pages three to seven and you consider that the LLP is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Momentum Taxation and Accountancy Ltd
Harelands Courtyard Offices
Moor Road
Melsonby
Richmond
North Yorkshire
DL10 5NY


Date: .............................................