REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 APRIL 2024 |
FOR |
PETT, FRANKLIN & CO. LLP |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 APRIL 2024 |
FOR |
PETT, FRANKLIN & CO. LLP |
PETT, FRANKLIN & CO. LLP (REGISTERED NUMBER: OC354096) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 APRIL 2024 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
PETT, FRANKLIN & CO. LLP |
GENERAL INFORMATION |
FOR THE YEAR ENDED 30 APRIL 2024 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
161 Newhall Street |
Birmingham |
B3 1SW |
PETT, FRANKLIN & CO. LLP (REGISTERED NUMBER: OC354096) |
BALANCE SHEET |
30 APRIL 2024 |
2024 | 2023 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 3 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
99,880 |
195,612 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
5 |
69,880 |
165,612 |
MEMBERS' OTHER INTERESTS |
Capital accounts | 30,000 | 30,000 |
99,880 | 195,612 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 5 | 69,880 | 165,612 |
Members' other interests | 30,000 | 30,000 |
99,880 | 195,612 |
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. |
PETT, FRANKLIN & CO. LLP (REGISTERED NUMBER: OC354096) |
BALANCE SHEET - continued |
30 APRIL 2024 |
The financial statements were approved by the members of the LLP and authorised for issue on |
PETT, FRANKLIN & CO. LLP (REGISTERED NUMBER: OC354096) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 APRIL 2024 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The member has prepared the accounts on the basis of the best information available which was limited due to their inability to access the full accounting records of the LLP. |
Tangible fixed assets |
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. |
2. | EMPLOYEE INFORMATION |
The average number of employees during the year was NIL (2023 - NIL). |
3. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other debtors |
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans and overdrafts |
Other creditors |
5. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
Amounts included in Loans and Other Debts Due to Members represent the value of debt due to the members from the LLP. |
There are no restrictions limiting the ability of members to reduce these amounts. |