IRIS Accounts Production v24.1.9.2 OC325205 designated member 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureOC3252052022-12-31OC3252052023-12-31OC3252052023-01-012023-12-31OC3252052021-08-31OC3252052021-09-012022-12-31OC3252052022-12-31OC325205ns16:EnglandWales2023-01-012023-12-31OC325205ns15:PoundSterling2023-01-012023-12-31OC325205ns11:Director12023-01-012023-12-31OC325205ns11:LimitedLiabilityPartnershipLLP2023-01-012023-12-31OC325205ns11:SmallEntities2023-01-012023-12-31OC325205ns11:AuditExempt-NoAccountantsReport2023-01-012023-12-31OC325205ns11:SmallCompaniesRegimeForAccounts2023-01-012023-12-31OC325205ns11:LimitedLiabilityPartnershipsSORP2023-01-012023-12-31OC325205ns11:AbridgedAccounts2023-01-012023-12-31OC325205ns11:Director22023-01-012023-12-31OC325205ns11:Director32023-01-012023-12-31OC325205ns11:Director42023-01-012023-12-31OC325205ns11:Director52023-01-012023-12-31OC325205ns11:Director62023-01-012023-12-31OC325205ns11:RegisteredOffice2023-01-012023-12-31OC325205ns6:CurrentFinancialInstruments2023-12-31OC325205ns6:CurrentFinancialInstruments2022-12-31OC325205ns6:Non-currentFinancialInstruments2023-12-31OC325205ns6:Non-currentFinancialInstruments2022-12-31OC325205ns6:LeaseholdImprovements2023-01-012023-12-31OC325205ns6:PlantMachinery2023-01-012023-12-31OC325205ns6:MotorVehicles2023-01-012023-12-31OC325205ns6:ComputerEquipment2023-01-012023-12-31OC325205ns6:Secured2023-12-31OC325205ns6:Secured2022-12-31
REGISTERED NUMBER: OC325205 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

WASHROOM JOINERY LLP

WASHROOM JOINERY LLP (REGISTERED NUMBER: OC325205)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 December 2023




Page

General Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


WASHROOM JOINERY LLP

GENERAL INFORMATION
for the year ended 31 December 2023







DESIGNATED MEMBERS: Mrs D L Archer-Gay
Mr T M Bowers
Mr P W Gay
Mrs S Y Read
Mr M I Read
Ms S L White





REGISTERED OFFICE: Units 1-10 Hill Farm
Epping Lane
Abridge
Essex
RM4 1TU





REGISTERED NUMBER: OC325205 (England and Wales)





ACCOUNTANTS: Raffingers LLP
Chartered Certified Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

WASHROOM JOINERY LLP (REGISTERED NUMBER: OC325205)

ABRIDGED BALANCE SHEET
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,349,312 798,029

CURRENT ASSETS
Debtors 2,017,137 1,694,676
Cash at bank and in hand 58,737 39,445
2,075,874 1,734,121
CREDITORS
Amounts falling due within one year 2,319,009 1,920,900
NET CURRENT LIABILITIES (243,135 ) (186,779 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,106,177

611,250

CREDITORS
Amounts falling due after more than one year 491,264 363,899
NET ASSETS ATTRIBUTABLE TO
MEMBERS

614,913

247,351

WASHROOM JOINERY LLP (REGISTERED NUMBER: OC325205)

ABRIDGED BALANCE SHEET - continued
31 December 2023

2023 2022
Notes £    £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

6

578,612

211,050

MEMBERS' OTHER INTERESTS
Capital accounts 36,301 36,301
614,913 247,351

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 578,612 211,050
Members' other interests 36,301 36,301
614,913 247,351

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 December 2023.

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 have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 24 July 2024 and were signed by:





Mr M I Read - Designated member

WASHROOM JOINERY LLP (REGISTERED NUMBER: OC325205)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2023

1. STATUTORY INFORMATION

Washroom Joinery LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

The accounts have been prepared on the going concern basis as the members are of the opinion that the LLP will meet its liabilities as and when due, due to the continued support of the members.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 15% on cost
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost and 20% on cost

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 51 (2022 - 51 ) .

WASHROOM JOINERY LLP (REGISTERED NUMBER: OC325205)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023 1,556,132
Additions 701,327
At 31 December 2023 2,257,459
DEPRECIATION
At 1 January 2023 758,103
Charge for year 150,044
At 31 December 2023 908,147
NET BOOK VALUE
At 31 December 2023 1,349,312
At 31 December 2022 798,029

5. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans - 156,667
Hire purchase contracts 783,348 357,647
783,348 514,314

The hire purchase loan is secured over the asset to which it relates.

The bank loan is secured by a fixed and a floating charge over all the company's assets.

6. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members are unsecured.

7. RELATED PARTY DISCLOSURES

During the prior year the aggregate amount of management fees paid to companies under common control was £48,000.
At the balance sheet date the LLP was owed the aggregate amount of £649,398 (2022: £866,603) by/(to) companies under common control.