Registered No. OC300074 (England and Wales)
Anderson Lloyd LLP
Unaudited accounts
for the year ended 4 April 2024
Anderson Lloyd LLP
LLP Information
for the year ended 4 April 2024
Designated members
Mr Christopher Harrison
Registered Number
OC300074 (England and Wales)
Registered Office
GODOLPHIN HOUSE
7-8 CATHEDRAL LANE
TRURO
CORNWALL
TR1 2QS
UNITED KINGDOM
Accountants
Gain Accountancy Ltd
The Orchard
Mithian
St Agnes
Cornwall
TR5 0QF
Anderson Lloyd LLP
Statement of financial position
as at 4 April 2024
Tangible assets
3,315
3,951
Cash at bank and in hand
16,007
47,852
Creditors: amounts falling due within one year
(26,467)
(86,591)
Net current liabilities
(5,470)
(3,068)
Total assets less current liabilities
(2,155)
883
Creditors: amounts falling due after more than one year
(30,023)
(35,411)
Net liabilities attributable to members
(32,178)
(34,528)
Members' capital classified as equity
16,764
100
Other reserves
(48,942)
(34,628)
Members' other interests
(32,178)
(34,528)
For the year ending 4 April 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 22 July 2024.
Mr Christopher Harrison
Designated member
Limited Liability Partnership Registration No. OC300074
Anderson Lloyd LLP
Notes to the Accounts
for the year ended 4 April 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Turnover represents net commissions earned during the year. Any commissions clawed back during the year have been excluded from the total commissions received during the year.
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:
Fixtures & fittings
15% on reducing balance
Computer equipment
25% on reducing balance
Where the LLP enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a 'finance lease'. The asset is recorded in the balance sheet as a tangible fixed asset and is depreciated over its estimated useful life or the term of the lease, whichever is shorter. Future instalments under such leases, net of finance charges, are included within creditors. Rentals payable are apportioned between the finance element, which is charged to the profit and loss account, and the capital element which reduces the outstanding obligation for future instalments.
All other leases are accounted for as 'operating leases' and the rental charges are charged to the profit and loss account on a straight line basis over the life of the lease.
The LLP operates a defined contribution scheme for the benefit of its employees. Contributions are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
Anderson Lloyd LLP is a limited liability partnership, incorporated in England and Wales, registration number OC300074. Its registered office is GODOLPHIN HOUSE, 7-8 CATHEDRAL LANE, TRURO, CORNWALL, TR1 2QS, UNITED KINGDOM.
Anderson Lloyd LLP
Notes to the Accounts
for the year ended 4 April 2024
3
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 5 April 2023
13,848
10,708
24,556
At 4 April 2024
13,848
10,708
24,556
At 5 April 2023
10,350
10,255
20,605
Charge for the year
523
113
636
At 4 April 2024
10,873
10,368
21,241
At 4 April 2024
2,975
340
3,315
At 4 April 2023
3,498
453
3,951
4
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
21,365
16,653
Trade creditors
816
66,394
Taxes and social security costs
-
264
5
Creditors: amounts falling due after more than one year
2024
2023
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 year the average number of employees was 0 (2023: 1).