Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 OC389412 GJA Auto Services Ltd Mr Keith Powell Mrs Susan Powell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC389412 2022-12-31 OC389412 2023-12-31 OC389412 2023-01-01 2023-12-31 OC389412 frs-core:MotorVehicles 2023-01-01 2023-12-31 OC389412 frs-core:PlantMachinery 2023-01-01 2023-12-31 OC389412 frs-bus:LimitedLiabilityPartnershipLLP 2023-01-01 2023-12-31 OC389412 frs-bus:LimitedLiabilityPartnershipsSORP 2023-01-01 2023-12-31 OC389412 frs-bus:AbridgedAccounts 2023-01-01 2023-12-31 OC389412 frs-bus:SmallEntities 2023-01-01 2023-12-31 OC389412 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 OC389412 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 OC389412 frs-countries:EnglandWales 2023-01-01 2023-12-31 OC389412 frs-bus:PartnerLLP1 2023-01-01 2023-12-31 OC389412 frs-bus:PartnerLLP2 2023-01-01 2023-12-31 OC389412 frs-bus:PartnerLLP3 2023-01-01 2023-12-31 OC389412 2021-12-31 OC389412 2022-12-31 OC389412 2022-01-01 2022-12-31
Registered number: OC389412
Clive Motor Works LLP
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2023
MJK Accountants Ltd
Unit 9 Barnack Business Centre Blakey Road
Salisbury
Wiltshire
SP1 2LP
Contents
Page
Abridged Statement of Financial Position 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Statement of Financial Position
Registered number: OC389412
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,018 3,359
2,018 3,359
CURRENT ASSETS
Stocks 500 500
Debtors 81 126
Cash at bank and in hand 101,791 97,358
102,372 97,984
Creditors: Amounts Falling Due Within One Year (9,076 ) (10,232 )
NET CURRENT ASSETS (LIABILITIES) 93,296 87,752
TOTAL ASSETS LESS CURRENT LIABILITIES 95,314 91,111
NET ASSETS ATTRIBUTABLE TO MEMBERS 95,314 91,111
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 85,314 81,111
85,314 81,111
Equity
Members' other interests
Members' capital 10,000 10,000
10,000 10,000
95,314 91,111
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 85,314 81,111
Members' other interests 10,000 10,000
95,314 91,111
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For the year ending 31 December 2023 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 Income Statement.
All of the LLP's members have consented to the preparation of an Abridged Income Statement and an Abridged Statement of Financial Position for the year end 31 December 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the members
GJA Auto Services Ltd
Designated Member
09/09/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Clive Motor Works LLP is a limited liability partnership, incorporated in England & Wales, registered number OC389412 . The Registered Office is Unit 9 Barnack Business Centre, Blakey Road, Salisbury, Wiltshire, SP1 2LP.
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 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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 33% straight line
Motor Vehicles 25% reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including members, during the year was: 3 (2022: 3)
3 3
4. Tangible Assets
Total
£
Cost
As at 1 January 2023 13,254
As at 31 December 2023 13,254
Depreciation
As at 1 January 2023 9,895
Provided during the period 1,341
As at 31 December 2023 11,236
...CONTINUED
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Net Book Value
As at 31 December 2023 2,018
As at 1 January 2023 3,359
5. Related Party Transactions
The LLP paid £4,800 rent for workshop space to Mr Keith Powell & Mrs Susan Powell, who are both members of the LLP.
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