REGISTERED NUMBER: |
ASHTON SMITH LLP |
Unaudited Financial Statements |
for the Period 1 March 2023 to 31 March 2024 |
REGISTERED NUMBER: |
ASHTON SMITH LLP |
Unaudited Financial Statements |
for the Period 1 March 2023 to 31 March 2024 |
ASHTON SMITH LLP (Registered number: OC343176) |
Contents of the Financial Statements |
for the Period 1 March 2023 to 31 March 2024 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
ASHTON SMITH LLP |
General Information |
for the Period 1 March 2023 to 31 March 2024 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
1 Park View Court |
St Paul's Road |
Shipley |
West Yorkshire |
BD18 3DZ |
ASHTON SMITH LLP (Registered number: OC343176) |
Balance Sheet |
31 March 2024 |
31.3.24 | 28.2.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investments | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
8 |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
570,078 |
570,525 |
ASHTON SMITH LLP (Registered number: OC343176) |
Balance Sheet - continued |
31 March 2024 |
31.3.24 | 28.2.23 |
Notes | £ | £ | £ | £ |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
569,778 |
570,225 |
MEMBERS' OTHER INTERESTS |
Capital accounts | 300 | 300 |
570,078 | 570,525 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 569,778 | 570,225 |
Members' other interests | 300 | 300 |
570,078 | 570,525 |
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. |
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 |
ASHTON SMITH LLP (Registered number: OC343176) |
Notes to the Financial Statements |
for the Period 1 March 2023 to 31 March 2024 |
1. | STATUTORY INFORMATION |
ASHTON SMITH 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. |
Tangible fixed assets |
Motor vehicles | - |
Hire purchase and leasing commitments |
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the period was NIL (2023 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Motor |
vehicles |
£ |
COST |
At 1 March 2023 |
Additions |
Disposals | ( |
) |
At 31 March 2024 |
DEPRECIATION |
At 1 March 2023 |
Charge for period |
Eliminated on disposal | ( |
) |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 28 February 2023 |
ASHTON SMITH LLP (Registered number: OC343176) |
Notes to the Financial Statements - continued |
for the Period 1 March 2023 to 31 March 2024 |
4. | TANGIBLE FIXED ASSETS - continued |
Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
Motor |
vehicles |
£ |
COST |
At 1 March 2023 |
Additions |
Disposals | ( |
) |
At 31 March 2024 |
DEPRECIATION |
At 1 March 2023 |
Charge for period |
Eliminated on disposal | ( |
) |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 28 February 2023 |
5. | FIXED ASSET INVESTMENTS |
31.3.24 | 28.2.23 |
£ | £ |
Participating interests |
Loans to undertakings in which the LLP has a participating interest |
Other investments not loans |
Additional information is as follows: |
Interest |
in other |
participating |
interests |
£ |
COST |
At 1 March 2023 |
and 31 March 2024 | 38 |
NET BOOK VALUE |
At 31 March 2024 | 38 |
At 28 February 2023 | 38 |
Investments (neither listed nor unlisted) were as follows: |
31.3.24 | 28.2.23 |
£ | £ |
Assets held for investment | 180,500 | 180,500 |
ASHTON SMITH LLP (Registered number: OC343176) |
Notes to the Financial Statements - continued |
for the Period 1 March 2023 to 31 March 2024 |
5. | FIXED ASSET INVESTMENTS - continued |
Loans to |
associates |
£ |
At 1 March 2023 |
and 31 March 2024 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 28.2.23 |
£ | £ |
Trade debtors |
Amounts owed by associates |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 28.2.23 |
£ | £ |
Hire purchase contracts |
Trade creditors |
Amounts owed to associates | - | 274,863 |
Other creditors |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.3.24 | 28.2.23 |
£ | £ |
Hire purchase contracts |
Other creditors |