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REGISTERED NUMBER: OC331810 (England and Wales)















Unaudited Financial Statements for the Year Ended 5 April 2024

for

SPi Accountancy LLP

SPi Accountancy LLP (Registered number: OC331810)






Contents of the Financial Statements
for the Year Ended 5 April 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SPi Accountancy LLP

General Information
for the Year Ended 5 April 2024







DESIGNATED MEMBERS: Mr S McGrail
Mr P C Hughes



REGISTERED OFFICE: Unit 10 Tiger Court
Kings Business Park
Knowsley
Merseyside
L34 1BH



REGISTERED NUMBER: OC331810 (England and Wales)



ACCOUNTANTS: SPi Accountancy LLP
Unit 10 Tiger Court
Kings Business Park
Knowsley
Liverpool
Merseyside
L34 1BH



BANKERS: Royal Bank of Scotland
1 Dale Street
Liverpool
L2 2PP

SPi Accountancy LLP (Registered number: OC331810)

Balance Sheet
5 April 2024

5.4.24 5.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 511,075 513,435

CURRENT ASSETS
Debtors 5 122,480 76,073
Cash at bank 89,557 74,058
212,037 150,131
CREDITORS
Amounts falling due within one year 6 98,680 78,091
NET CURRENT ASSETS 113,357 72,040
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

624,432

585,475

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

624,432

585,475

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 624,432 585,475

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 5 April 2024.

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.

SPi Accountancy LLP (Registered number: OC331810)

Balance Sheet - continued
5 April 2024


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 1 May 2024 and were signed by:





Mr S McGrail - Designated member

SPi Accountancy LLP (Registered number: OC331810)

Notes to the Financial Statements
for the Year Ended 5 April 2024

1. STATUTORY INFORMATION

SPi Accountancy 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.
Freehold property - not provided
Fixtures and fittings - 20% on cost
Computer equipment - 50% on cost

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 9 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 6 April 2023
and 5 April 2024 510,000 7,985 17,180 535,165
DEPRECIATION
At 6 April 2023 - 7,985 13,745 21,730
Charge for year - - 2,360 2,360
At 5 April 2024 - 7,985 16,105 24,090
NET BOOK VALUE
At 5 April 2024 510,000 - 1,075 511,075
At 5 April 2023 510,000 - 3,435 513,435

Included in cost of land and buildings is freehold land of £ 510,000 (2023 - £ 510,000 ) which is not depreciated.

SPi Accountancy LLP (Registered number: OC331810)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£    £   
Trade debtors 106,635 61,927
Other debtors 15,845 14,146
122,480 76,073

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£    £   
Trade creditors 16,890 9,916
Taxation and social security 71,551 59,989
Other creditors 10,239 8,186
98,680 78,091

7. LOANS AND OTHER DEBTS DUE TO MEMBERS
5.4.24 5.4.23
£    £   
Amounts owed to members in respect of profits 624,432 585,475

Falling due within one year 624,432 585,475