Registered No. OC303568 (England and Wales)
P&A Accountancy Services LLP
Unaudited accounts
for the period from 1 October 2023 to 31 March 2024
P&A Accountancy Services LLP
LLP Information
for the period from 1 October 2023 to 31 March 2024
Designated members
Mrs Jane Pucacco
Registered Number
OC303568 (England and Wales)
Registered Office
32 Thorpe Wood
Thorpe Wood Business Park
Peterborough
Cambs
PE3 6SR
United Kingdom
Accountants
P&A Accountancy Services LLP
32 Thorpe Wood
Thorpe Wood Business Park
Peterborough
Cambridgeshire
PE3 6SR
P&A Accountancy Services LLP
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
8,536
Creditors: amounts falling due within one year
(910)
Total assets less current liabilities
785,341
Creditors: amounts falling due after more than one year
(196,926)
Net assets attributable to members
588,415
Loans and other debts due to members
283,555
Revaluation reserve
311,000
Loans and other debts due to members
283,555
Members' other interests
304,860
For the period ending 31 March 2024 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 31 July 2024.
Mrs Jane Pucacco
Designated member
Limited Liability Partnership Registration No. OC303568
P&A Accountancy Services LLP
Notes to the Accounts
for the period from 1 October 2023 to 31 March 2024
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.
Investment properties are revalued annually and any surplus or deficit is dealt with through profit and loss. No depreciation is provided in respect of investment properties.
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
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
10% Straight Line
P&A Accountancy Services LLP is a limited liability partnership, incorporated in England and Wales, registration number OC303568. Its registered office is 32 Thorpe Wood, Thorpe Wood Business Park , Peterborough, Cambs, PE3 6SR, United Kingdom.
3
Tangible fixed assets
Land & buildings
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 October 2023
600,000
184,596
784,596
Additions
-
180,000
180,000
Disposals
-
(160,168)
(160,168)
At 31 March 2024
600,000
204,428
804,428
At 1 October 2023
-
57,880
57,880
Charge for the period
-
20,440
20,440
On disposals
-
(48,060)
(48,060)
At 31 March 2024
-
30,260
30,260
At 31 March 2024
600,000
174,168
774,168
P&A Accountancy Services LLP
Notes to the Accounts
for the period from 1 October 2023 to 31 March 2024
4
Creditors: amounts falling due within one year
2024
Taxes and social security costs
513
5
Creditors: amounts falling due after more than one year
2024
6
Loans and other debts due to members
2024
Loans from members
339,247
Amounts due to members in respect of profits
(55,692)
Amounts falling due within one year
283,555
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the period the average number of employees was 0.