REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 June 2023 to 31 March 2024 |
for |
Williamson Dace Brown LLP |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 June 2023 to 31 March 2024 |
for |
Williamson Dace Brown LLP |
Williamson Dace Brown LLP (Registered number: OC327608) |
Contents of the Financial Statements |
for the Period 1 June 2023 to 31 March 2024 |
Page |
General Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 5 |
Chartered Accountants' Report | 8 |
Williamson Dace Brown LLP |
General Information |
for the Period 1 June 2023 to 31 March 2024 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Unit 96 The Maltings |
Stanstead Abbotts |
Ware |
Hertfordshire |
SG12 8HG |
Williamson Dace Brown LLP (Registered number: OC327608) |
Statement of Financial Position |
31 March 2024 |
31.3.24 | 31.5.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
147,664 |
213,870 |
Williamson Dace Brown LLP (Registered number: OC327608) |
Statement of Financial Position - continued |
31 March 2024 |
31.3.24 | 31.5.23 |
Notes | £ | £ | £ | £ |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
8 |
147,664 |
213,870 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members |
8 |
147,664 |
213,870 |
Amounts due from members | 6 | (133,334 | ) | (50,000 | ) |
14,330 | 163,870 |
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. |
Williamson Dace Brown LLP (Registered number: OC327608) |
Statement of Financial Position - continued |
31 March 2024 |
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 |
Williamson Dace Brown LLP (Registered number: OC327608) |
Notes to the Financial Statements |
for the Period 1 June 2023 to 31 March 2024 |
1. | STATUTORY INFORMATION |
Williamson Dace Brown 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 |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Tangible fixed assets |
Plant and machinery etc | - |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
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 period was |
Williamson Dace Brown LLP (Registered number: OC327608) |
Notes to the Financial Statements - continued |
for the Period 1 June 2023 to 31 March 2024 |
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1 June 2023 |
Disposals | ( |
) |
At 31 March 2024 |
AMORTISATION |
At 1 June 2023 |
Eliminated on disposal | ( |
) |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 May 2023 |
5. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 June 2023 |
Disposals | ( |
) |
At 31 March 2024 |
DEPRECIATION |
At 1 June 2023 |
Charge for period |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 May 2023 |
Williamson Dace Brown LLP (Registered number: OC327608) |
Notes to the Financial Statements - continued |
for the Period 1 June 2023 to 31 March 2024 |
6. | DEBTORS |
31.3.24 | 31.5.23 |
£ | £ |
Amounts falling due within one year: |
Trade debtors |
Other debtors |
Prepayments |
Amounts falling due after more than one year: |
Amounts due from members | 133,334 | 50,000 |
Aggregate amounts |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 31.5.23 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Social security and other taxes |
VAT | 15,829 | 46,231 |
Other creditors |
Accrued expenses |
8. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
Loans and other debts due to members' (other than members' capital classified as debt) will rank below all other creditors in the event of a winding up. |
Chartered Accountants' Report to the Members |
on the Unaudited Financial Statements of |
Williamson Dace Brown LLP |
The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Williamson Dace Brown LLP for the period ended 31 March 2024 which comprise the Income Statement, Statement of Financial Position and the related notes from the LLP's accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
This report is made solely to the members of Williamson Dace Brown LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Williamson Dace Brown LLP and state those matters that we have agreed to state to the members of Williamson Dace Brown LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Williamson Dace Brown LLP and its members, as a body, for our work or for this report. |
It is your duty to ensure that Williamson Dace Brown LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Williamson Dace Brown LLP. You consider that Williamson Dace Brown LLP is exempt from the statutory audit requirement for the period. |
We have not been instructed to carry out an audit or a review of the financial statements of Williamson Dace Brown LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Unit 96 The Maltings |
Stanstead Abbotts |
Ware |
Hertfordshire |
SG12 8HG |
Chartered Accountants' Report to the Members |
on the Unaudited Financial Statements of |
Williamson Dace Brown LLP |