1 December 2023 false No description of principal activity Taxfiler 2024.6 OC380351business:LimitedLiabilityPartnershipLLP2023-12-012024-03-31 OC3803512023-11-30 OC3803512023-12-012024-03-31 OC380351business:AuditExemptWithAccountantsReport2023-12-012024-03-31 OC380351business:FullAccounts2023-12-012024-03-31 OC3803512024-03-31 OC380351business:PartnerLLP12023-12-012024-03-31 OC380351business:PartnerLLP22023-12-012024-03-31 OC380351business:RegisteredOffice2023-12-012024-03-31 OC3803512023-11-30 OC380351core:WithinOneYear2024-03-31 OC380351core:WithinOneYear2023-11-30 OC380351business:SmallEntities2023-12-012024-03-31 OC380351core:PlantMachinery2023-12-012024-03-31 OC380351countries:EnglandWales2023-12-012024-03-31 OC380351core:PlantMachinery2023-11-30 OC380351core:PlantMachinery2024-03-31 OC3803512022-12-012023-11-30 iso4217:GBP xbrli:pure
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
Mr Scott 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
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Ashdown Reinforcing LLP Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,539 
2,769 
Current assets
Inventories
11,000 
16,364 
Debtors
56,617 
90,538 
Cash at bank and in hand
62,830 
90,956 
130,447 
197,858 
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 
Represented by:
Loans and other debts due to members
79,211 
126,019 
79,211 
126,019 
Total members' interests
Loans and other debts due to members
79,211 
126,019 
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
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Ashdown Reinforcing LLP Notes to the Accounts for the period from 1 December 2023 to 31 March 2024
1
Accounting policies
Basis of preparation
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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
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.
Pension costs
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.
2
Statutory information
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.
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Ashdown Reinforcing LLP Notes to the Accounts for the period from 1 December 2023 to 31 March 2024
3
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 December 2023
8,108 
At 31 March 2024
8,108 
Depreciation
At 1 December 2023
5,339 
Charge for the period
230 
At 31 March 2024
5,569 
Net book value
At 31 March 2024
2,539 
At 30 November 2023
2,769 
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 
53,775 
74,608 
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).
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