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REGISTERED NUMBER: OC361684 (England and Wales)















Report of the Members and

Unaudited Financial Statements for the Year Ended 5 April 2024

for

F AND F CONSTRUCTION MANAGEMENT LLP

F AND F CONSTRUCTION MANAGEMENT LLP (REGISTERED NUMBER: OC361684)






Contents of the Financial Statements
FOR THE YEAR ENDED 5 APRIL 2024




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


F AND F CONSTRUCTION MANAGEMENT LLP

General Information
FOR THE YEAR ENDED 5 APRIL 2024







DESIGNATED MEMBERS: Mr N J Freeborn
Mr S E Fayers





REGISTERED OFFICE: Unit 1, Office 5 & 6 2nd Floor
The Penthouse, Amberley Court
Whitworth Road
Crawley
West Sussex
RH11 7XL





REGISTERED NUMBER: OC361684 (England and Wales)






F AND F CONSTRUCTION MANAGEMENT LLP (REGISTERED NUMBER: OC361684)

Report of the Members
FOR THE YEAR ENDED 5 APRIL 2024

The members present their report with the financial statements of the LLP for the year ended 5 April 2024.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the year under review was that of construction management.

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

Mr N J Freeborn
Mr S E Fayers

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The loss for the year before members' remuneration and profit shares was £2,416 (2023 - £27,617 loss).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





Mr N J Freeborn - Designated member


15 January 2025

F AND F CONSTRUCTION MANAGEMENT LLP (REGISTERED NUMBER: OC361684)

Income Statement
FOR THE YEAR ENDED 5 APRIL 2024

5.4.24 5.4.23
Notes £ £

TURNOVER 91,000 60,800

Administrative expenses 81,298 81,738
OPERATING PROFIT/(LOSS) 4 9,702 (20,938 )

Interest receivable and similar income 17 9
9,719 (20,929 )

Interest payable and similar expenses 12,135 6,688
LOSS FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES


(2,416


)


(27,617


)

LOSS FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES


(2,416


)


(27,617


)

Members' remuneration charged as an
expense

5

2,416

27,617
PROFIT FOR THE FINANCIAL YEAR
AVAILABLE FOR DISCRETIONARY
DIVISION AMONG MEMBERS


-


-

F AND F CONSTRUCTION MANAGEMENT LLP (REGISTERED NUMBER: OC361684)

Balance Sheet
5 APRIL 2024

5.4.24 5.4.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 6 133,408 166,760

CURRENT ASSETS
Debtors 7 63,810 45,468
Cash at bank 3,320 1,986
67,130 47,454
CREDITORS
Amounts falling due within one year 8 80,726 65,686
NET CURRENT LIABILITIES (13,596 ) (18,232 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

119,812

148,528

CREDITORS
Amounts falling due after more than one
year

9

119,812

148,528
NET LIABILITIES ATTRIBUTABLE TO
MEMBERS

-

-

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

TOTAL MEMBERS' INTERESTS
Amounts due from members 7 (40,428 ) (37,893 )

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 5 April 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.

F AND F CONSTRUCTION MANAGEMENT LLP (REGISTERED NUMBER: OC361684)

Balance Sheet - continued
5 APRIL 2024


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

The financial statements were approved by the members of the LLP and authorised for issue on 15 January 2025 and were signed by:





Mr N J Freeborn - Designated member

F AND F CONSTRUCTION MANAGEMENT LLP (REGISTERED NUMBER: OC361684)

Notes to the Financial Statements
FOR THE YEAR ENDED 5 APRIL 2024

1. STATUTORY INFORMATION

F And F Construction Management 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEE INFORMATION

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

4. OPERATING PROFIT/(LOSS)

The operating profit (2023 - operating loss) is stated after charging:

5.4.24 5.4.23
£ £
Depreciation - owned assets 33,352 41,691

5. INFORMATION IN RELATION TO MEMBERS
5.4.24 5.4.23
£ £
Members' remuneration charged as an expense
Automatic division of loss (2,416 ) (27,617 )

F AND F CONSTRUCTION MANAGEMENT LLP (REGISTERED NUMBER: OC361684)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 5 APRIL 2024

6. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£ £ £
COST
At 6 April 2023
and 5 April 2024 221,710 1,237 222,947
DEPRECIATION
At 6 April 2023 55,432 755 56,187
Charge for year 33,256 96 33,352
At 5 April 2024 88,688 851 89,539
NET BOOK VALUE
At 5 April 2024 133,022 386 133,408
At 5 April 2023 166,278 482 166,760

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£ £
Trade debtors 18,240 4,560
Amounts due from members 40,428 37,893
Other debtors 3,204 3,015
Prepayments and accrued income 1,938 -
63,810 45,468

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£ £
Hire purchase contracts 28,619 22,034
Trade creditors 2,564 3,221
Value added tax 6,481 3,679
Other creditors 39,312 36,752
Accruals and deferred income 3,750 -
80,726 65,686

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
5.4.24 5.4.23
£ £
Hire purchase contracts 119,812 148,528