Registered No. OC380351 (England and Wales)
Ashdown Reinforcing LLP
Unaudited accounts
for the period from 1 December 2023 to 31 March 2024
Ashdown Reinforcing LLP
LLP Information
for the period from 1 December 2023 to 31 March 2024
Designated members
Mrs Leela Geary
Registered Number
OC380351 (England and Wales)
Registered Office
Industrial Estate Isfield Road
Ringmer
East Sussex
BN8 5RP
Accountants
Maxwell-Gumbleton & Co.
1 West Street
Lewes
East Sussex
BN7 2NZ
Ashdown Reinforcing LLP
Statement of financial position
as at 31 March 2024
Tangible assets
2,539
2,769
Cash at bank and in hand
62,830
90,956
Creditors: amounts falling due within one year
(53,775)
(74,608)
Net current assets
76,672
123,250
Net assets attributable to members
79,211
126,019
Loans and other debts due to members
79,211
126,019
Loans and other debts due to members
79,211
126,019
For the period 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 4 November 2024.
Mrs Leela Geary
Designated member
Limited Liability Partnership Registration No. OC380351
Ashdown Reinforcing LLP
Notes to the Accounts
for the period from 1 December 2023 to 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The LLP operates a defined contribution scheme for the benefit of its employees. Contributions are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
Ashdown Reinforcing LLP is a limited liability partnership, incorporated in England and Wales, registration number OC380351. Its registered office is Industrial Estate Isfield Road, Ringmer, East Sussex, BN8 5RP.
Ashdown Reinforcing LLP
Notes to the Accounts
for the period from 1 December 2023 to 31 March 2024
3
Tangible fixed assets
Plant & machinery
4
Creditors: amounts falling due within one year
2024
2023
Trade creditors
35,486
50,494
Taxes and social security costs
16,662
22,487
Other creditors
1,627
1,627
5
Loans and other debts due to members
2024
2023
Amounts due to members in respect of profits
79,211
126,019
Amounts falling due within one year
79,211
126,019
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 period the average number of employees was 1 (2023: 1).