Caseware UK (AP4) 2023.0.135 2023.0.135 2023-04-302023-04-30true2022-05-01false22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC374316 2022-05-01 2023-04-30 OC374316 2021-05-01 2022-04-30 OC374316 2023-04-30 OC374316 2022-04-30 OC374316 c:PlantMachinery 2022-05-01 2023-04-30 OC374316 c:PlantMachinery 2023-04-30 OC374316 c:PlantMachinery 2022-04-30 OC374316 c:PlantMachinery c:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 OC374316 c:MotorVehicles 2022-05-01 2023-04-30 OC374316 c:MotorVehicles 2023-04-30 OC374316 c:MotorVehicles 2022-04-30 OC374316 c:MotorVehicles c:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 OC374316 c:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 OC374316 c:CurrentFinancialInstruments 2023-04-30 OC374316 c:CurrentFinancialInstruments 2022-04-30 OC374316 c:CurrentFinancialInstruments c:WithinOneYear 2023-04-30 OC374316 c:CurrentFinancialInstruments c:WithinOneYear 2022-04-30 OC374316 d:FRS102 2022-05-01 2023-04-30 OC374316 d:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 OC374316 d:FullAccounts 2022-05-01 2023-04-30 OC374316 d:LimitedLiabilityPartnershipLLP 2022-05-01 2023-04-30 OC374316 d:PartnerLLP1 2022-05-01 2023-04-30 OC374316 c:OtherCapitalInstrumentsClassifiedAsEquity 2023-04-30 OC374316 c:OtherCapitalInstrumentsClassifiedAsEquity 2022-04-30 OC374316 e:PoundSterling 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure
Registered number: OC374316














TOTAL FISHERIES MANAGEMENT LLP

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023

 
TOTAL FISHERIES MANAGEMENT LLP
REGISTERED NUMBER:OC374316

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
9,998
12,798

  
9,998
12,798

Current assets
  

Debtors: amounts falling due within one year
 5 
217,541
142,755

Cash at bank
 6 
48,036
30,690

  
265,577
173,445

Creditors: amounts falling due within one year
 7 
(78,643)
(28,761)

Net current assets
  
 
 
186,934
 
 
144,684

Total assets less current liabilities
  
196,932
157,482

  

Net assets
  
196,932
157,482


Represented by:
  

Loans and other debts due to members within one year
  

Members' other interests
  

Members' capital classified as equity

  

196,932
157,482

  
 
196,932
 
157,482

  
196,932
157,482


Total members' interests
  

Members' other interests
  
196,932
157,482

  
196,932
157,482


Page 1

 
TOTAL FISHERIES MANAGEMENT LLP
REGISTERED NUMBER:OC374316
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2023

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

The entity was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

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

The entity has opted not to file the statement of comprehensive income in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf by: 




A C Gilbert
Designated member

Date: 18 April 2024

The notes on pages 3 to 6 form part of these financial statements.

Total Fisheries Management LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of changes in equity.

Page 2

 
TOTAL FISHERIES MANAGEMENT LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

Total Fisheries Management LLP is a limited liability partnership, registered in England and Wales, registration number OC374316. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
The principal activity of the LLP continued to be that of fisheries management.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of the  Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships". 

 
2.2

Functional and presentation currency

The LLP's functional and presentational currency is pound sterling.
 
 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the LLP and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

Turnover from fisheries management activities is recognised when it is probable the LLP will receive the rights to the consideration due under the contract.

 
2.4

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial year and may take place during or after the end of a financial year.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits discretionarily. Discretionary divisions of profits are recognised as amounts due to members, although may be used to offset amounts which have been drawn by members.

Page 3

 
TOTAL FISHERIES MANAGEMENT LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
reducing balance
Motor vehicles
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Financial instruments

The LLP enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors, trade and other creditors, and loans with related parties.


3.


Information in relation to members

The average monthly number of employees, including members, during the year was 2 (2022 - 2).

Page 4

 
TOTAL FISHERIES MANAGEMENT LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Total

£
£
£



Cost


At 1 May 2022
13,001
2,100
15,101


Additions
533
-
533



At 30 April 2023

13,534
2,100
15,634



Depreciation


At 1 May 2022
2,128
175
2,303


Charge for the year
2,852
481
3,333



At 30 April 2023

4,980
656
5,636



Net book value



At 30 April 2023
8,554
1,444
9,998



At 30 April 2022
10,873
1,925
12,798


5.


Debtors

2023
2022
£
£


Trade debtors
2,000
2,700

Other debtors
208,700
133,641

Prepayments
6,841
6,414

217,541
142,755



6.


Cash

2023
2022
£
£

Cash at bank
48,036
30,690


Page 5

 
TOTAL FISHERIES MANAGEMENT LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

7.


Creditors: amounts falling due within one year

2023
2022
£
£

Trade creditors
3,358
2,399

Other taxation and social security
7,117
4,419

Accruals and deferred income
68,168
21,943

78,643
28,761



8.


Transactions with the member

During the year, a member charged the LLP rent of £2,771 (2022 - £2,230). 

 
Page 6