Registered number
OC307195
Emanuel Jones LLP
Filleted Accounts
31 March 2024
Emanuel Jones LLP
Registered number: OC307195
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 6,404 8,326
Current assets
Debtors 4 26,843 28,695
Cash at bank and in hand 21,692 30,590
48,535 59,285
Creditors: amounts falling due within one year 5 (29,142) (66,399)
Net current assets/(liabilities) 19,393 (7,114)
Total assets less current liabilities 25,797 1,212
Net assets attributable to members 25,797 1,212
Represented by:
Loans and other debts due to members 6 25,797 1,212
25,797 1,212
Total members' interests
Loans and other debts due to members 6 25,797 1,212
25,797 1,212
For the year ended 31 March 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to 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.
The 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.
These accounts were approved by the members on 20 August 2024 and signed on their behalf by:
Mr D S Williams
Designated member
Emanuel Jones LLP
Notes to the Accounts
for the year ended 31 March 2024
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Furniture, fittings & equipment 25% straight line
2 Employees 2024 2023
Number Number
Average number of persons employed by the LLP 2 1
3 Tangible fixed assets
Furniture & fittings Office equipment Total
£ £ £
Cost
At 1 April 2023 5,605 39,320 44,925
Additions - 1,041 1,041
At 31 March 2024 5,605 40,361 45,966
Depreciation
At 1 April 2023 5,605 30,994 36,599
Charge for the year - 2,963 2,963
At 31 March 2024 5,605 33,957 39,562
Net book value
At 31 March 2024 - 6,404 6,404
At 31 March 2023 - 8,326 8,326
4 Debtors 2024 2023
£ £
Trade debtors 20,354 26,458
Prepayments and accrued income 6,489 2,237
26,843 28,695
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 12,277 3,855
Other taxes and social security costs 8,839 12,137
Other creditors 8,026 50,407
29,142 66,399
6 Loans and other debts due to members 2024 2023
£ £
Amounts due to members in respect of profits 25,797 1,212
Amounts falling due within one year 25,797 1,212
Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.
7 Controlling party
The company is ultimately controlled by Mr R W Emanuel, Mr D S Williams and Mr R L V Williams.
8 Other information
Emanuel Jones LLP is a limited liability partnership incorporated in England. Its registered office is:
6 Ty-Nant Court
Morganstown
Cardiff
CF15 8LW
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