Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 OC305914 Mr PETER BALMAN Mr. Peter John Balman false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC305914 2023-03-31 OC305914 2024-03-31 OC305914 2023-04-01 2024-03-31 OC305914 frs-core:CurrentFinancialInstruments 2024-03-31 OC305914 frs-core:MotorVehicles 2024-03-31 OC305914 frs-core:MotorVehicles 2023-04-01 2024-03-31 OC305914 frs-core:MotorVehicles 2023-03-31 OC305914 frs-core:PlantMachinery 2024-03-31 OC305914 frs-core:PlantMachinery 2023-04-01 2024-03-31 OC305914 frs-core:PlantMachinery 2023-03-31 OC305914 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC305914 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC305914 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC305914 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC305914 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC305914 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC305914 1 2023-04-01 2024-03-31 OC305914 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC305914 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC305914 2022-03-31 OC305914 2023-03-31 OC305914 2022-04-01 2023-03-31 OC305914 frs-core:CurrentFinancialInstruments 2023-03-31
Registered number: OC305914
T & P GLAZING LLP
Financial Statements
For The Year Ended 31 March 2024
MUFTI & CO.
FINANCIAL ACCOUNTANTS
14 NATAL ROAD
ILFORD
ESSEX
IG1 2HA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC305914
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,610 6,613
8,610 6,613
CURRENT ASSETS
Debtors 5 70,213 51,993
70,213 51,993
Creditors: Amounts Falling Due Within One Year 6 (7,347 ) (10,496 )
NET CURRENT ASSETS (LIABILITIES) 62,866 41,497
TOTAL ASSETS LESS CURRENT LIABILITIES 71,476 48,110
NET ASSETS ATTRIBUTABLE TO MEMBERS 71,476 48,110
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability 6 6
Other amounts 1,925,771 1,779,069
1,925,777 1,779,075
Equity
Members' other interests
Members' capital (1,896,708) (1,773,372)
Other reserves 42,407 42,407
(1,854,301) (1,730,965)
71,476 48,110
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 1,925,777 1,779,075
Members' other interests (1,854,301) (1,730,965)
71,476 48,110
Page 1
Page 2
For the year ending 31 March 2024 the LLP 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 applicable to LLPs subject to the small LLPs regime.)
The members acknowledge their responsibilities for complying with the requirements of the Act (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 LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.
On behalf of the members
Mr PETER BALMAN
Designated Member
13/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
T & P GLAZING LLP Registered number OC305914 is a limited liability partnership incorporated in England & Wales. The Registered Office is 25 Cromer Road, Hornchurch, Essex, RM11 1EY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the LLP, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25%
Motor Vehicles 25%
2.4. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
3. Average Number of Employees
Average number of employees during the year, including members, during the year was as follows:
2024 2023
Office and administration 1 1
Sales, marketing and distribution 3 5
4 6
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 April 2023 36,639 95,078 131,717
Additions 4,866 - 4,866
As at 31 March 2024 41,505 95,078 136,583
Depreciation
As at 1 April 2023 33,035 92,069 125,104
Provided during the period 2,117 752 2,869
As at 31 March 2024 35,152 92,821 127,973
Net Book Value
As at 31 March 2024 6,353 2,257 8,610
As at 1 April 2023 3,604 3,009 6,613
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 17,530 15,796
VAT 3,084 2,001
Other taxes and social security 49,599 34,196
70,213 51,993
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,235 1,309
Bank loans and overdrafts 1,037 5,212
Accruals and deferred income 4,075 3,975
7,347 10,496
7. Controlling Party
The LLP's ultimate controlling party is Mr. Peter John Balman .
Page 4