Registered No. OC345389 (England and Wales)
Abacus Bloodstock LLP
Unaudited accounts
for the year ended 31 January 2024
Abacus Bloodstock LLP
LLP Information
for the year ended 31 January 2024
Designated members
Mrs Sarah Matheson
Registered Number
OC345389 (England and Wales)
Registered Office
LOWER LINBROOK FARM NEWBOROUGH ROAD
NEEDWOOD
BURTON-ON-TRENT
STAFFS
DE13 9PD
Accountants
Charterhouse Accountants
5 Eastgate Business Centre
Eastern Avenue
Burton on Trent
Staffordshire
DE13 0AT
Abacus Bloodstock LLP
Statement of financial position
as at 31 January 2024
Tangible assets
28,463
31,975
Cash at bank and in hand
2,315
(50)
Creditors: amounts falling due within one year
(17,916)
(25,890)
Net current liabilities
(11,995)
(14,388)
Total assets less current liabilities
16,468
17,587
Creditors: amounts falling due after more than one year
(50,535)
(56,200)
Net liabilities attributable to members
(34,067)
(38,613)
Loans and other debts due to members
(409,095)
(409,095)
Members' capital classified as equity
-
31,000
Revaluation reserve
356,994
356,994
Other reserves
18,034
(17,512)
Loans and other debts due to members
(409,095)
(409,095)
Members' other interests
375,028
370,482
For the year ending 31 January 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 6 August 2024.
Mr Stuart Matheson
Designated member
Limited Liability Partnership Registration No. OC345389
Abacus Bloodstock LLP
Notes to the Accounts
for the year ended 31 January 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.
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:
Abacus Bloodstock LLP is a limited liability partnership, incorporated in England and Wales, registration number OC345389. Its registered office is LOWER LINBROOK FARM NEWBOROUGH ROAD, NEEDWOOD, BURTON-ON-TRENT, STAFFS, DE13 9PD.
3
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2023
27,205
31,475
58,680
At 31 January 2024
27,205
35,655
62,860
At 1 February 2023
19,412
7,293
26,705
Charge for the year
1,559
6,133
7,692
At 31 January 2024
20,971
13,426
34,397
At 31 January 2024
6,234
22,229
28,463
At 31 January 2023
7,793
24,182
31,975
4
Creditors: amounts falling due within one year
2024
2023
Trade creditors
18,606
29,486
Other creditors
(690)
(3,596)
5
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
43,002
47,903
Abacus Bloodstock LLP
Notes to the Accounts
for the year ended 31 January 2024
6
Loans and other debts due to members
2024
2023
Amounts due to members in respect of profits
(409,095)
(409,095)
Amounts falling due within one year
(409,095)
(409,095)
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).