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Registered No. OC434057 (England and Wales)
Spencer May Commercial LLP Unaudited accounts for the year ended 30 November 2023
Spencer May Commercial LLP LLP Information for the year ended 30 November 2023
Designated members
Mr Sean Kaufmann
Mr Timothy James O'Meara
Registered Number
OC434057 (England and Wales)
Registered Office
1 West Street Lewes East Sussex BN7 2NZ
Accountants
Maxwell-Gumbleton & Co. 1 West Street Lewes East Sussex BN7 2NZ
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Spencer May Commercial LLP Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
- 
1,250 
Cash at bank and in hand
1,368 
2,093 
1,368 
3,343 
Creditors: amounts falling due within one year
(1,102)
(839)
Net current assets
266 
2,504 
Net assets attributable to members
266 
2,504 
Represented by:
Loans and other debts due to members
266 
2,504 
266 
2,504 
Total members' interests
Loans and other debts due to members
266 
2,504 
266 
2,504 
For the year ending 30 November 2023 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 7 August 2024.
Mr Timothy James O'Meara Designated member Limited Liability Partnership Registration No. OC434057
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Spencer May Commercial LLP Notes to the Accounts for the year ended 30 November 2023
1
Accounting policies
Basis of preparation
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Members' remuneration
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense. Members' shares in the profit or loss for the year are accounted for as an allocation of profits. Unallocated profits and losses are included within 'other reserves'.
2
Statutory information
Spencer May Commercial LLP is a limited liability partnership, incorporated in England and Wales, registration number OC434057. Its registered office is 1 West Street, Lewes, East Sussex, BN7 2NZ.
3
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
772 
509 
Accruals
330 
330 
1,102 
839 
4
Loans and other debts due to members
2023 
2022 
£ 
£ 
Amounts due to members in respect of profits
266 
2,504 
Amounts falling due within one year
266 
2,504 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
5
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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