REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 December 2023 |
for |
St Edmundsbury Financial Management LLP |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 December 2023 |
for |
St Edmundsbury Financial Management LLP |
St Edmundsbury Financial Management LLP (Registered number: OC411419) |
Contents of the Financial Statements |
for the Year Ended 31 December 2023 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
St Edmundsbury Financial Management LLP |
General Information |
for the Year Ended 31 December 2023 |
Designated members: |
Registered office: |
Registered number: |
Accountants: |
Chartered Accountants |
22-26 King Street |
King's Lynn |
Norfolk |
PE30 1HJ |
St Edmundsbury Financial Management LLP (Registered number: OC411419) |
Balance Sheet |
31 December 2023 |
31.12.23 | 31.12.22 |
£ | £ |
Total assets less current liabilities |
and |
Net liabilities attributable to members | - | - |
Loans and other debts due to members | - | - |
Total members' interests |
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. |
The financial statements were approved by the members of the LLP and authorised for issue on |
St Edmundsbury Financial Management LLP (Registered number: OC411419) |
Notes to the Financial Statements |
for the Year Ended 31 December 2023 |
1. | Statement of compliance |
2. | Accounting policies |
Basis of preparing the financial statements |
Financial instruments |
The company classifies its financial instruments in the following categories: measured at amortised cost; and measured at fair value through profit and loss. The classification is determined at initial recognition and depends on the purpose for which the financial instruments are required. |
Measured at amortised cost includes non-derivative financial assets and liabilities with fixed or determinable payments that are not quoted in an active market. Financial assets are included in current assets, except where the maturity date is more than 12 months after the end of the reporting period. They are initially recorded at fair value and subsequently recorded at amortised cost. Financial liabilities are included in current liabilities, except where the maturity date is more than 12 months after the end of the reporting period. They are initially measured at original cost, less amortisation or provisions raised. |
Measured at fair value through profit and loss includes financial assets and liabilities. They are classified according to maturity date, within current and non-current assets and liabilities respectively. |
3. | Employee information |
The average number of employees during the year was |