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REGISTERED NUMBER: OC445426 (England and Wales)
















Report of the Members and

Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Matford Motorhomes LLP

Matford Motorhomes LLP (Registered number: OC445426)

Contents of the Financial Statements
for the Year Ended 31 March 2024










Page

General Information 1

Report of the Members 2

Accountants' Report 3

Income Statement 4

Abridged Balance Sheet 5

Notes to the Financial Statements 7


Matford Motorhomes LLP

General Information
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: Mr G Watts
Mr H A Watts





REGISTERED OFFICE: 22 Wessex Park
Bancombe Business Estate
Somerton
Somerset
TA11 6SB





REGISTERED NUMBER: OC445426 (England and Wales)





ACCOUNTANTS: Somerset Accountancy Services Ltd
22 Wessex Park
Bancombe Business Estate
Somerton
Somerset
TA11 6SB

Matford Motorhomes LLP (Registered number: OC445426)

Report of the Members
for the Year Ended 31 March 2024


The members present their report with the financial statements of the LLP for the year ended 31 March 2024.

DESIGNATED MEMBERS
The designated members during the year under review were:

Mr G Watts
Mr H A Watts

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £35,476 (2023 - £NIL profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





Mr H A Watts - Designated member


21 November 2024

Accountants' Report to the Members
on the Unaudited Financial Statements of
Matford Motorhomes LLP



In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Matford Motorhomes LLP for the year ended 31 March 2024 which comprise the Income Statement, Abridged Balance Sheet and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the members of Matford Motorhomes LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Matford Motorhomes LLP and state those matters that we have agreed to state to the members of Matford Motorhomes LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Matford Motorhomes LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Matford Motorhomes LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Matford Motorhomes LLP. You consider that Matford Motorhomes LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Matford Motorhomes LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Somerset Accountancy Services Ltd
22 Wessex Park
Bancombe Business Estate
Somerton
Somerset
TA11 6SB


21 November 2024

Matford Motorhomes LLP (Registered number: OC445426)

Income Statement
for the Year Ended 31 March 2024

Period
18.1.23
Year Ended to
31.3.24 31.3.23
£    £   

TURNOVER 264,823 -

Cost of sales 219,725 -
GROSS PROFIT 45,098 -

Administrative expenses 9,613 -
OPERATING PROFIT 35,485 -


Interest payable and similar expenses 9 -
PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE
FOR DISCRETIONARY DIVISION
AMONG MEMBERS




35,476




-

Matford Motorhomes LLP (Registered number: OC445426)

Abridged Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
CURRENT ASSETS
Debtors 1,000 13,206
Cash at bank and in hand 46,958 4,294
47,958 17,500
CREDITORS
Amounts falling due within one year 1,482 -
NET CURRENT ASSETS 46,476 17,500
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

46,476

17,500

LOANS AND OTHER DEBTS DUE TO
MEMBERS

4

46,476

17,500

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 4 46,476 17,500

The LLP is 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 for the year ended 31 March 2024.

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.

Matford Motorhomes LLP (Registered number: OC445426)

Abridged Balance Sheet - continued
31 March 2024


The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) 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 financial statements were approved by the members of the LLP and authorised for issue on 21 November 2024 and were signed by:





Mr H A Watts - Designated member

Matford Motorhomes LLP (Registered number: OC445426)

Notes to the Financial Statements
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

Matford Motorhomes LLP is registered in England and Wales. 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
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. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2023 - NIL ) .

4. LOANS AND OTHER DEBTS DUE TO MEMBERS

Amounts due to members rank as unsecured creditors.