Registered number: NC001656
Unaudited financial statements
for the year ended 31 October 2023
for
Morgan Watson Interiors LLP
Pages for filing with the Registrar
Registered number: NC001656
Morgan Watson Interiors LLP
Balance sheet
as at 31 October 2023
2023 2022
£ £ £ £
Current assets
Cash at bank and in hand 911 6,764
911 6,764
Creditors: amounts falling due within
one year
- (1,863)
Net current assets 911 4,901
NET ASSETS ATTRIBUTABLE TO
MEMBERS
911 4,901
Represented by:
Loans and other debts due to members
Members' capital classified as a liability 911 4,901
911 4,901
Members' total interests
Loans and other debts due to members 911 4,901
911 4,901
The LLP was 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 relating to small LLPs for the year ended 31 October 2023.
The members acknowledge their responsibilities to comply with the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 in respect to accounting records and the preparation of financial statements.
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Registered number: NC001656
Morgan Watson Interiors LLP
Balance sheet - continued
as at 31 October 2023
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 to the Registrar.
These financial statements were approved by the members and authorised for issue on 31 October 2024 and signed on their behalf by:
Mr C Lyttle, Designated Member Mrs M Lyttle, Designated Member
31 October 2024 31 October 2024
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Morgan Watson Interiors LLP
Notes to the financial statements
for the year ended 31 October 2023
1 General information
Morgan Watson Interiors LLP is a limited liability partnership registered in England and Wales. Its registered number is NC001656. Its registered office is 127 Ballynahinch Road, Carryduff, BT8 8DP.
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 and the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the members have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the LLP's ability to continue as a going concern. In making this assessment, the members take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The members consider that the LLP has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Members' transactions with the LLP
There were no transactions with members other than drawings disclosed in the accounts.
3 Average number of employees
During the year the average number of employees was Nil (2022 - Nil).
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