Registered number: | |
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Guy Partnership LLP | ||
Unaudited Accounts | ||
for the Year Ended | ||
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Balance Sheet
as at
The members have not delivered a copy of the LLP's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006 (as applied to LLPs).
The financial statements were approved by the members and signed on their behalf by:
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Approved by members on
Mr K P Guy
Designated Member
Guy Partnership LLP
Registered number: OC437212 (England and Wales)
Guy Partnership LLP
Notes to the Accounts
for the year ended 31 March 2024
1. | Accounting Policies |
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Basis of preparation These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, the Companies Act 2006 and the Statement of Recommended Practice "Accounting by Limited Liability Partnerships". |
Turnover |
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Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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2. | Employees | |||
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2024 | 2023 | |||
Average number of employees during the period |
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