IRIS Accounts Production v24.1.0.578 OC347600 designated member designated member 1.7.22 30.6.23 30.6.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC3476002022-06-30OC3476002023-06-30OC3476002022-07-012023-06-30OC3476002021-06-30OC3476002021-07-012022-06-30OC3476002022-06-30OC347600ns15:EnglandWales2022-07-012023-06-30OC347600ns14:PoundSterling2022-07-012023-06-30OC347600ns10:Director12022-07-012023-06-30OC347600ns10:Director22022-07-012023-06-30OC347600ns10:LimitedLiabilityPartnershipLLP2022-07-012023-06-30OC347600ns10:SmallEntities2022-07-012023-06-30OC347600ns10:AuditExempt-NoAccountantsReport2022-07-012023-06-30OC347600ns10:SmallCompaniesRegimeForAccounts2022-07-012023-06-30OC347600ns10:LimitedLiabilityPartnershipsSORP2022-07-012023-06-30OC347600ns10:FullAccounts2022-07-012023-06-30OC347600ns10:RegisteredOffice2022-07-012023-06-30OC347600ns5:CurrentFinancialInstruments2023-06-30OC347600ns5:CurrentFinancialInstruments2022-06-30OC347600ns5:FurnitureFittings2022-06-30OC347600ns5:MotorVehicles2022-06-30OC347600ns5:FurnitureFittings2022-07-012023-06-30OC347600ns5:MotorVehicles2022-07-012023-06-30OC347600ns5:FurnitureFittings2023-06-30OC347600ns5:MotorVehicles2023-06-30OC347600ns5:FurnitureFittings2022-06-30OC347600ns5:MotorVehicles2022-06-30OC347600ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-30OC347600ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-30
REGISTERED NUMBER: OC347600 (England and Wales)






















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2023

FOR

MILFORD PROJECT MANAGEMENT LLP

MILFORD PROJECT MANAGEMENT LLP (REGISTERED NUMBER: OC347600)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2023




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MILFORD PROJECT MANAGEMENT LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2023







DESIGNATED MEMBERS: J J P Griffin
S Griffin





REGISTERED OFFICE: 83 Cambridge Street
Pimlico
London
SW1V 4PS





REGISTERED NUMBER: OC347600 (England and Wales)





ACCOUNTANTS: George Hay & Company
Chartered Accountants
83 Cambridge Street
London
SW1V 4PS

MILFORD PROJECT MANAGEMENT LLP (REGISTERED NUMBER: OC347600)

BALANCE SHEET
30TH JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,938 33,250

CURRENT ASSETS
Debtors 5 - 11,701
Cash at bank 105,804 48,675
105,804 60,376
CREDITORS
Amounts falling due within one year 6 71,169 25,718
NET CURRENT ASSETS 34,635 34,658
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

59,573

67,908

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

59,573

67,908

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 59,573 67,908

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 30th June 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.

MILFORD PROJECT MANAGEMENT LLP (REGISTERED NUMBER: OC347600)

BALANCE SHEET - continued
30TH JUNE 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 23rd March 2024 and were signed by:





J J P Griffin - Designated member

MILFORD PROJECT MANAGEMENT LLP (REGISTERED NUMBER: OC347600)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2023

1. STATUTORY INFORMATION

Milford Project Management 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.

Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Financial instruments
The partnership only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

3. EMPLOYEE INFORMATION

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

MILFORD PROJECT MANAGEMENT LLP (REGISTERED NUMBER: OC347600)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1st July 2022
and 30th June 2023 941 83,596 84,537
DEPRECIATION
At 1st July 2022 856 50,431 51,287
Charge for year 21 8,291 8,312
At 30th June 2023 877 58,722 59,599
NET BOOK VALUE
At 30th June 2023 64 24,874 24,938
At 30th June 2022 85 33,165 33,250

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 11,701

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 27,621 1,622
Taxation and social security 27,170 8,233
Other creditors 16,378 15,863
71,169 25,718

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members will rank equally with debts due to other unsecured creditors in the event of a winding up of the LLP.