Limited Liability Partnership registration number OC343378 (England and Wales)
BROWN FISHER ENVIRONMENTAL LLP
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023
PAGES FOR FILING WITH REGISTRAR
BROWN FISHER ENVIRONMENTAL LLP
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
BROWN FISHER ENVIRONMENTAL LLP
BALANCE SHEET
AS AT 30 NOVEMBER 2023
30 November 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
468
1,652
Current assets
Stocks
65,486
61,234
Debtors
4
50,715
64,694
Cash at bank and in hand
24,276
11,572
140,477
137,500
Creditors: amounts falling due within one year
5
(115,909)
(84,630)
Net current assets
24,568
52,870
Total assets less current liabilities
25,036
54,522
Creditors: amounts falling due after more than one year
6
(85,899)
(151,006)
Net liabilities attributable to members
(60,863)
(96,484)
Represented by:
Loans and other debts due to members within one year
Amounts due in respect of profits
(60,863)
(96,484)

The members of the limited liability partnership have elected not to include a copy of the profit and loss account within the financial statements.

For the financial year ended 30 November 2023 the limited liability partnership was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008) relating to small limited liability partnerships.

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to limited liability partnerships) with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to limited liability partnerships subject to the small limited liability partnerships' regime.

The financial statements were approved by the members and authorised for issue on 20 June 2024 and are signed on their behalf by:
20 June 2024
Mr M Donald
Mr C J Hughes
Designated member
Designated Member
Limited Liability Partnership registration number OC343378 (England and Wales)
BROWN FISHER ENVIRONMENTAL LLP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023
- 2 -
1
Accounting policies
Limited liability partnership information

Brown Fisher Environmental LLP is a limited liability partnership incorporated in England and Wales. The registered office is Regency House, 48 Birmingham Road, Bromsgrove, Worcestershire, B61 0DD.

 

The limited liability partnership's principal activities are disclosed in the Members' Report.

1.1
Accounting convention

These financial statements have been prepared in accordance with the Statement of Recommended Practice "Accounting by Limited Liability Partnerships" issued in December 2021, together with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents the amounts recoverable for the services provided to clients, excluding value added tax, under contractual obligations which are performed gradually over time.

Revenue from the provision of services is recognised by reference to stage of completion, when the costs incurred and costs to complete can be estimated reliably.

1.3
Members' participating interests

Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with section 22 of FRS 102. A member's participation rights including amounts subscribed or otherwise contributed by members, for example members' capital, are classed as liabilities unless the LLP has an unconditional right to refuse payment to members, in which case they are classified as equity.

All amounts due to members that are classified as liabilities are presented within 'Loans and other debts due to members' and, where such an amount relates to current year profits, they are recognised within ‘Members' remuneration charged as an expense’ in arriving at the relevant year’s result. Undivided amounts that are classified as equity are shown within ‘Members' other interests’. Amounts recoverable from members are presented as debtors and shown as amounts due from members within members’ interests.

Once an unavoidable obligation has been created in favour of members through allocation of profits or other means, any undrawn profits remaining at the reporting date are shown as ‘Loans and other debts due to members’ to the extent they exceed debts due from a specific member.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computer equipment
33% on cost
1.5
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

BROWN FISHER ENVIRONMENTAL LLP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2023
1
Accounting policies
(Continued)
- 3 -
1.6
Retirement benefits and post retirement payments to members

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.7
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leased asset are consumed.

2
Employees

The average number of persons (excluding members) employed by the partnership during the year was:

2023
2022
Number
Number
Total
2
2
3
Tangible fixed assets
Computer equipment
£
Cost
At 1 December 2022 and 30 November 2023
3,552
Depreciation and impairment
At 1 December 2022
1,900
Depreciation charged in the year
1,184
At 30 November 2023
3,084
Carrying amount
At 30 November 2023
468
At 30 November 2022
1,652
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
37,715
34,023
Other debtors
13,000
30,671
50,715
64,694
BROWN FISHER ENVIRONMENTAL LLP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2023
- 4 -
5
Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans
50,000
34,893
Trade creditors
43,786
22,356
Taxation and social security
20,779
19,929
Other creditors
1,344
7,452
115,909
84,630
6
Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
85,899
151,006
7
Secured debts
The following secured debts are included within creditors:
2023
2022
£
£
Bank loans
135,899
185,899

Bank loans are secured by way of a government-backed guarantee.

8
Loans and other debts due to members

In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.

2023-11-302022-12-01false20 June 2024CCH SoftwareCCH Accounts Production 2024.100falsefalseOC3433782022-12-012023-11-30OC3433782023-11-30OC343378bus:PartnerLLP12022-12-012023-11-30OC343378bus:PartnerLLP22022-12-012023-11-30OC3433782021-12-012022-11-30OC343378bus:LimitedLiabilityPartnershipLLP2022-12-012023-11-30OC343378bus:SmallCompaniesRegimeForAccounts2022-12-012023-11-30OC343378bus:FRS1022022-12-012023-11-30OC343378bus:AuditExemptWithAccountantsReport2022-12-012023-11-30OC343378bus:FullAccounts2022-12-012023-11-30xbrli:purexbrli:shares