REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 February 2023 to 31 March 2024 |
for |
Bell Ingram LLP |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 February 2023 to 31 March 2024 |
for |
Bell Ingram LLP |
Bell Ingram LLP (Registered number: SO303737) |
Contents of the Financial Statements |
for the Period 1 February 2023 to 31 March 2024 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 5 |
Bell Ingram LLP |
General Information |
for the Period 1 February 2023 to 31 March 2024 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Durn |
Isla Road |
Perth |
Perthshire |
PH2 7HF |
Bell Ingram LLP (Registered number: SO303737) |
Balance Sheet |
31 March 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
Investments | 6 |
CURRENT ASSETS |
Stocks |
Debtors | 7 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 8 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
1,643,325 |
1,626,093 |
Bell Ingram LLP (Registered number: SO303737) |
Balance Sheet - continued |
31 March 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
11 |
666,260 |
706,093 |
MEMBERS' OTHER INTERESTS |
Capital accounts | 977,065 | 920,000 |
1,643,325 | 1,626,093 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 11 | 666,260 | 706,093 |
Members' other interests | 977,065 | 920,000 |
1,643,325 | 1,626,093 |
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. |
Bell Ingram LLP (Registered number: SO303737) |
Balance Sheet - continued |
31 March 2024 |
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 Income Statement has not been delivered. |
The financial statements were approved by the members of the LLP and authorised for issue on |
Bell Ingram LLP (Registered number: SO303737) |
Notes to the Financial Statements |
for the Period 1 February 2023 to 31 March 2024 |
1. | STATUTORY INFORMATION |
Bell Ingram LLP is registered in Scotland. The LLP's registered number and registered office address can be found on the General Information page. |
2. | ACCOUNTING POLICIES |
Basis of 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. |
Rendering of services |
Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: |
- the amount of revenue can be measured reliably; |
- it is probable that the LLP will receive the consideration due under the contract; |
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and |
- the costs incurred and the costs to complete the contract can be measured reliably. |
Intangible assets |
Website design costs are capitalised at cost and amortised to nil by equal instalments over 4 years, being their estimated useful economic lives. |
Tangible fixed assets |
Long leasehold | - |
Plant and machinery | - |
Computer equipment | - |
Investments in associates |
Investments in associate undertakings are recognised at cost. |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Bell Ingram LLP (Registered number: SO303737) |
Notes to the Financial Statements - continued |
for the Period 1 February 2023 to 31 March 2024 |
2. | ACCOUNTING POLICIES - continued |
Pension costs and other post-retirement benefits |
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the period was |
4. | INTANGIBLE FIXED ASSETS |
Other |
intangible |
assets |
£ |
COST |
At 1 February 2023 |
and 31 March 2024 |
AMORTISATION |
At 1 February 2023 |
Charge for period |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 January 2023 |
Bell Ingram LLP (Registered number: SO303737) |
Notes to the Financial Statements - continued |
for the Period 1 February 2023 to 31 March 2024 |
5. | TANGIBLE FIXED ASSETS |
Long | Plant and | Motor | Computer |
leasehold | machinery | vehicles | equipment | Totals |
£ | £ | £ | £ | £ |
COST |
At 1 February 2023 |
Additions |
Disposals | ( |
) | ( |
) | ( |
) |
At 31 March 2024 |
DEPRECIATION |
At 1 February 2023 |
Charge for period |
Eliminated on disposal | ( |
) | ( |
) | ( |
) |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 January 2023 |
6. | FIXED ASSET INVESTMENTS |
Interest |
in |
associate | Other |
undertakings | investments | Totals |
£ | £ | £ |
COST |
At 1 February 2023 | 10,551 |
Disposals | ( |
) | (9,000 | ) |
At 31 March 2024 | 1,551 |
NET BOOK VALUE |
At 31 March 2024 | 1,551 |
At 31 January 2023 | 10,551 |
7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade debtors |
Amounts recoverable on contract |
Other debtors |
Bell Ingram LLP (Registered number: SO303737) |
Notes to the Financial Statements - continued |
for the Period 1 February 2023 to 31 March 2024 |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans and overdrafts (see note 9) |
Trade creditors |
Taxation and social security |
Other creditors |
9. | LOANS |
An analysis of the maturity of loans is given below: |
2024 | 2023 |
£ | £ |
Amounts falling due within one year or on demand: |
Bank loans - less than 1 yr |
10. | LEASING AGREEMENTS |
Minimum lease payments under non-cancellable operating leases fall due as follows: |
2024 | 2023 |
£ | £ |
Within one year |
Between one and five years |
11. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up. |