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REGISTERED NUMBER: OC432602 (England and Wales)















FINANCIAL STATEMENTS FOR THE PERIOD 1 AUGUST 2023 TO 31 MARCH 2024

FOR

AUTOZONE (NEWMARKET) LLP

AUTOZONE (NEWMARKET) LLP (REGISTERED NUMBER: OC432602)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 AUGUST 2023 TO 31 MARCH 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AUTOZONE (NEWMARKET) LLP

GENERAL INFORMATION
FOR THE PERIOD 1 AUGUST 2023 TO 31 MARCH 2024







DESIGNATED MEMBERS: S P Jackson
J G Jackson





REGISTERED OFFICE: 115c Milton Road
Cambridge
United Kingdom
CB4 1XE





REGISTERED NUMBER: OC432602 (England and Wales)





ACCOUNTANTS: Prentis & Co LLP
Chartered Accountants
115c Milton Road
Cambridge
CB4 1XE

AUTOZONE (NEWMARKET) LLP (REGISTERED NUMBER: OC432602)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 20,775 22,663
Tangible assets 5 17,721 20,872
38,496 43,535

CURRENT ASSETS
Stocks 65,000 63,000
Debtors 6 98,169 93,630
Cash at bank and in hand 358,989 362,298
522,158 518,928
CREDITORS
Amounts falling due within one year 7 109,342 114,342
NET CURRENT ASSETS 412,816 404,586
TOTAL ASSETS LESS CURRENT
LIABILITIES

451,312

448,121

CREDITORS
Amounts falling due after more than one
year

8

40,226

56,523
NET ASSETS ATTRIBUTABLE TO
MEMBERS

411,086

391,598

LOANS AND OTHER DEBTS DUE TO
MEMBERS

9

411,086

391,598

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 9 411,086 391,598

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 period ended 31 March 2024.

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.

AUTOZONE (NEWMARKET) LLP (REGISTERED NUMBER: OC432602)

BALANCE SHEET - continued
31 MARCH 2024


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

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 17 September 2024 and were signed by:




S P Jackson - Designated member




J G Jackson - Designated member


AUTOZONE (NEWMARKET) LLP (REGISTERED NUMBER: OC432602)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 AUGUST 2023 TO 31 MARCH 2024

1. STATUTORY INFORMATION

Autozone (Newmarket) 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid on the departure of a member in September 2021, is being amortised evenly over its estimated useful life of 10 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEE INFORMATION

The average number of employees during the period was 1 (2023 - 1 ) .

AUTOZONE (NEWMARKET) LLP (REGISTERED NUMBER: OC432602)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 AUGUST 2023 TO 31 MARCH 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 March 2024 28,317
AMORTISATION
At 1 August 2023 5,654
Amortisation for period 1,888
At 31 March 2024 7,542
NET BOOK VALUE
At 31 March 2024 20,775
At 31 July 2023 22,663

5. TANGIBLE FIXED ASSETS
Fixtures
Leasehold and Motor
Property fittings vehicles Totals
£    £    £    £   
COST
At 1 August 2023
and 31 March 2024 11,000 1,087 17,815 29,902
DEPRECIATION
At 1 August 2023 - 816 8,214 9,030
Charge for period - 181 2,970 3,151
At 31 March 2024 - 997 11,184 12,181
NET BOOK VALUE
At 31 March 2024 11,000 90 6,631 17,721
At 31 July 2023 11,000 271 9,601 20,872

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 97,262 90,320
Other debtors 907 3,310
98,169 93,630

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 8,333 8,333
Trade creditors 89,557 90,875
Taxation and social security 8,452 12,051
Other creditors 3,000 3,083
109,342 114,342

AUTOZONE (NEWMARKET) LLP (REGISTERED NUMBER: OC432602)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 AUGUST 2023 TO 31 MARCH 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 18,255 24,752
Other creditors 21,971 31,771
40,226 56,523

9. LOANS AND OTHER DEBTS DUE TO MEMBERS
2024 2023
£    £   
Amounts owed to members in respect of profits 411,086 391,598

Falling due within one year 411,086 391,598

Loans and debts due to other members are ranked equally with other unsecured creditors of the partnership.