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Financial Statements |
Contents |
Page |
Members' report |
1 |
Statement of comprehensive income |
2 |
Statement of financial position |
3 |
Reconciliation of members' interests |
4 |
Notes to the financial statements |
6 |
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Members' Report |
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Registered office: |
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Statement of Comprehensive Income |
2023 |
2022 |
|
Note |
£ |
£ |
Other operating expenses |
|
|
---- |
---- |
|
Operating loss |
(
|
(
|
Income from interest in group undertaking |
|
(
|
--------- |
-------- |
|
Profit/(loss) for the financial year before members' remuneration and profit shares available for discretionary division among members |
247,652 |
(10,327) |
--------- |
-------- |
|
|
Statement of Financial Position |
2023 |
2022 |
|
Note |
£ |
£ |
Investments |
4 |
|
|
Creditors: amounts falling due within one year |
5 |
– |
|
---- |
---- |
||
Net current liabilities |
– |
|
|
--------- |
--------- |
||
Total assets less current liabilities |
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|
|
--------- |
--------- |
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Other amounts |
247,652 |
– |
Members' capital classified as equity |
696,490 |
696,490 |
Other reserves |
– |
– |
--------- |
--------- |
|
944,142 |
696,490 |
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--------- |
--------- |
|
Loans and other debts due to members |
247,652 |
– |
Members' other interests |
696,490 |
696,490 |
--------- |
--------- |
|
944,142 |
696,490 |
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--------- |
--------- |
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Reconciliation of Members' Interests |
Members' other interests |
Loans and other debts due to members less any amounts due from members in debtors |
Total members' interests |
||||
Members' capital (classified as equity) |
Other reserves |
Total |
Other amounts |
Total |
Total 2023 |
|
£ |
£ |
£ |
£ |
£ |
£ |
|
Balance at 1st January 2023 |
696,490 |
– |
696,490 |
– |
– |
696,490 |
Profit for the financial year available for discretionary division among members |
247,652 |
247,652 |
247,652 |
|||
--------- |
--------- |
--------- |
---- |
---- |
--------- |
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Members' interests after profit for the year |
696,490 |
247,652 |
944,142 |
– |
– |
944,142 |
Other division of profits |
(247,652) |
(247,652) |
247,652 |
247,652 |
– |
|
Repayments of capital |
– |
– |
– |
– |
||
Reclassifications |
– |
– |
– |
– |
– |
– |
--------- |
--------- |
--------- |
--------- |
--------- |
--------- |
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Balance at 31st December 2023 |
696,490 |
– |
696,490 |
247,652 |
247,652 |
944,142 |
--------- |
--------- |
--------- |
--------- |
--------- |
--------- |
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Reconciliation of Members' Interests (continued) |
Members' other interests |
Loans and other debts due to members less any amounts due from members in debtors |
Total members' interests |
||||
Members' capital (classified as equity) |
Other reserves |
Total |
Other amounts |
Total |
Total 2022 |
|
£ |
£ |
£ |
£ |
£ |
£ |
|
Balance at 1st January 2022 |
726,816 |
– |
726,816 |
– |
– |
726,816 |
Loss for the financial year available for discretionary division among members |
(10,327) |
(10,327) |
(10,327) |
|||
--------- |
-------- |
--------- |
---- |
---- |
--------- |
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Members' interests after loss for the year |
726,816 |
(10,327) |
716,489 |
– |
– |
716,489 |
Other division of profits |
10,327 |
10,327 |
(10,327) |
(10,327) |
– |
|
Repayments of capital |
(20,000) |
(20,000) |
– |
(20,000) |
||
Reclassifications |
(10,326) |
– |
(10,326) |
10,327 |
10,327 |
1 |
--------- |
-------- |
--------- |
-------- |
-------- |
--------- |
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Balance at 31st December 2022 |
696,490 |
– |
696,490 |
– |
– |
696,490 |
--------- |
-------- |
--------- |
-------- |
-------- |
--------- |
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Notes to the Financial Statements |
1. |
General information |
2. |
Statement of compliance |
3. |
Accounting policies |
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Notes to the Financial Statements (continued) |
4. |
Investments |
Interest in LLP |
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£ |
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Cost |
|
At 1st January 2023 |
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Additions |
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Disposals |
(
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--------- |
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At 31st December 2023 |
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--------- |
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Impairment |
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At 1st January 2023 and 31st December 2023 |
– |
--------- |
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Carrying amount |
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At 31st December 2023 |
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--------- |
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At 31st December 2022 |
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--------- |
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Interest in LLP |
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£ |
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At 31st December 2023 |
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Aggregate cost |
944,142 |
Aggregate depreciation |
– |
--------- |
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Carrying value |
944,142 |
--------- |
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At 31st December 2022 |
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Aggregate cost |
697,930 |
Aggregate depreciation |
– |
--------- |
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Carrying value |
697,930 |
--------- |
|
2023 |
2022 |
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£ |
£ |
|
Trade creditors |
– |
|
---- |
---- |
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6. |
Financial instruments |
7. |
Controlling party |