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REGISTERED NUMBER: OC354096 (England and Wales)







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: S V Woodhouse





REGISTERED OFFICE: 3 St. Marys Parsonage
Manchester
M3 2RD





REGISTERED NUMBER: OC354096 (England and Wales)





ACCOUNTANTS: Prime
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 4,970 4,970
Cash at bank 117,381 209,434
122,351 214,404
CREDITORS
Amounts falling due within one year 4 22,471 18,792
NET CURRENT ASSETS 99,880 195,612
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 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 30 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.

PETT, FRANKLIN & CO. LLP (REGISTERED NUMBER: OC354096)

BALANCE SHEET - continued
30 APRIL 2024


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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 20 January 2025 and were signed by:





S V Woodhouse - Designated member

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
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.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 4,970 4,970

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 58 14
Other creditors 22,413 18,778
22,471 18,792

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.