Registered No. OC402218 (England and Wales)
ACD&D LLP
Unaudited accounts
for the year ended 31 March 2024
ACD&D LLP
LLP Information
for the year ended 31 March 2024
Designated members
Mr Andrew Isles
Registered Number
OC402218 (England and Wales)
Registered Office
AMF Westerfield Business Park
Main Road
Westerfield, Ipswich
Suffolk
IP6 9AB
United Kingdom
ACD&D LLP
Statement of financial position
as at 31 March 2024
Investment property
980,000
980,000
Cash at bank and in hand
1,566
1,177
Net current assets
1,566
1,177
Total assets less current liabilities
981,566
981,177
Creditors: amounts falling due after more than one year
(402,498)
(402,498)
Net assets attributable to members
579,068
578,679
Loans and other debts due to members
350,900
367,445
Members' capital classified as equity
69,219
64,585
Revaluation reserve
90,000
90,000
Other reserves
68,949
56,649
Loans and other debts due to members
350,900
367,445
Members' other interests
228,168
211,234
For the year ending 31 March 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small 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.
These 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.
Approved by the members on 28 October 2024.
Mr Andrew Isles
Designated member
Limited Liability Partnership Registration No. OC402218
ACD&D LLP
Notes to the Accounts
for the year ended 31 March 2024
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.
The accounts are presented in £ sterling.
ACD&D LLP is a limited liability partnership, incorporated in England and Wales, registration number OC402218. Its registered office is AMF Westerfield Business Park, Main Road, Westerfield, Ipswich, Suffolk, IP6 9AB, United Kingdom.
Fair value at 1 April 2023
980,000
4
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
402,498
402,498
5
Loans and other debts due to members
2024
2023
Members' capital classified as a liability
(73,145)
(73,145)
Loans from members
490,000
490,000
Amounts due to members in respect of profits
(65,955)
(49,410)
Amounts falling due within one year
350,900
367,445
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).