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REGISTERED NUMBER: OC339656 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 AUGUST 2023 TO 31 MARCH 2024

FOR

HARRINGTONS READING LLP

HARRINGTONS READING LLP (REGISTERED NUMBER: OC339656)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 AUGUST 2023 TO 31 MARCH 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HARRINGTONS READING LLP

GENERAL INFORMATION
FOR THE PERIOD 1 AUGUST 2023 TO 31 MARCH 2024







DESIGNATED MEMBERS: R G Harrington
L A Harrington
A R Harrington





REGISTERED OFFICE: Victoria House
26 Queen Victoria Street
Reading
Berkshire
RG1 1TG





REGISTERED NUMBER: OC339656 (England and Wales)





ACCOUNTANTS: Vale & West
Chartered Accountants
Victoria House
26 Queen Victoria Street
Reading
Berkshire
RG1 1TG

HARRINGTONS READING LLP (REGISTERED NUMBER: OC339656)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 119,590 124,165
Tangible assets 5 229,039 229,047
348,629 353,212

CURRENT ASSETS
Stocks 130,571 98,000
Debtors 6 315,352 301,291
Cash at bank 724,794 506,252
1,170,717 905,543
CREDITORS
Amounts falling due within one year 7 477,811 729,888
NET CURRENT ASSETS 692,906 175,655
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

1,041,535

528,867

HARRINGTONS READING LLP (REGISTERED NUMBER: OC339656)

BALANCE SHEET - continued
31 MARCH 2024

31.3.24 31.7.23
Notes £    £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

1,041,535

528,867

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 1,041,535 528,867

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 period 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.

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

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 13 January 2025 and were signed by:





R G Harrington - Designated member

HARRINGTONS READING LLP (REGISTERED NUMBER: OC339656)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 AUGUST 2023 TO 31 MARCH 2024

1. STATUTORY INFORMATION

Harringtons Reading LLP is a limited liability partnership registered in England and Wales. The registered office and place of business is Blounts Farm, Blounts Court Road, Sonning Common, Reading, RG4 9PA.

The principal activity of the LLP is the sale of bottled gas and prepacked heating fuel.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

HARRINGTONS READING LLP (REGISTERED NUMBER: OC339656)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 AUGUST 2023 TO 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

Taxation
Taxation on all the LLP's profits is solely the personal liability of individual members and is not dealt with in these financial statements.

Financial assets and liabilities
The LLP only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.

Short term debtors are measured at transaction price, less any impairment. Short term creditors are measured at transaction price.

3. EMPLOYEE INFORMATION

The average number of employees during the period was 13 (2023 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 March 2024 137,250
AMORTISATION
At 1 August 2023 13,085
Charge for period 4,575
At 31 March 2024 17,660
NET BOOK VALUE
At 31 March 2024 119,590
At 31 July 2023 124,165

HARRINGTONS READING LLP (REGISTERED NUMBER: OC339656)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 AUGUST 2023 TO 31 MARCH 2024

5. TANGIBLE FIXED ASSETS
Improvements
to Plant and Welfare
property machinery unit
£    £    £   
COST
At 1 August 2023 1,780 188,954 26,815
Additions - - -
Disposals - (188,954 ) -
At 31 March 2024 1,780 - 26,815
DEPRECIATION
At 1 August 2023 - 142,638 -
Charge for period - - 3,575
Eliminated on disposal - (142,638 ) -
At 31 March 2024 - - 3,575
NET BOOK VALUE
At 31 March 2024 1,780 - 23,240
At 31 July 2023 1,780 46,316 26,815

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 August 2023 313,727 6,776 538,052
Additions 94,162 7,464 101,626
Disposals (20,500 ) (6,776 ) (216,230 )
At 31 March 2024 387,389 7,464 423,448
DEPRECIATION
At 1 August 2023 164,343 2,024 309,005
Charge for period 39,510 995 44,080
Eliminated on disposal (14,014 ) (2,024 ) (158,676 )
At 31 March 2024 189,839 995 194,409
NET BOOK VALUE
At 31 March 2024 197,550 6,469 229,039
At 31 July 2023 149,384 4,752 229,047

HARRINGTONS READING LLP (REGISTERED NUMBER: OC339656)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 AUGUST 2023 TO 31 MARCH 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.7.23
£    £   
Trade debtors 249,860 278,098
Other debtors 65,492 23,193
315,352 301,291

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.7.23
£    £   
Trade creditors 461,629 677,954
Taxation and social security 2,850 30,037
Other creditors 13,332 21,897
477,811 729,888

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.