Registered number
OC375369
Arrowsmith Associates llp
Unaudited Filleted Accounts
31 March 2024
Arrowsmith Associates llp
Registered number: OC375369
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 179 238
Current assets
Debtors 4 26,575 58,714
Cash at bank and in hand 6,729 68
33,304 58,782
Creditors: amounts falling due within one year 5 (11,058) (15,277)
Net current assets 22,246 43,505
Total assets less current liabilities 22,425 43,743
Creditors: amounts falling due after more than one year 6 (2,683) (4,600)
Net assets attributable to members 19,742 39,143
Represented by:
Loans and other debts due to members 7 19,742 39,143
Members' other interests
Other reserves - -
19,742 39,143
Total members' interests
Loans and other debts due to members 7 19,742 39,143
Members' other interests - -
19,742 39,143
For the period ended 31 March 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to LLPs).
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
These accounts were approved by the members on 30 January 2025 and signed on their behalf by:
R A Clark
Designated member
Arrowsmith Associates llp
Notes to the Accounts
for the period from 1 June 2023 to 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
2 Employees 2024 2023
Number Number
Average number of persons employed by the LLP 0 0
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 June 2023 1,544
At 31 March 2024 1,544
Depreciation
At 31 March 2024 1,365
Net book value
At 31 March 2024 179
At 31 May 2023 238
4 Debtors 2024 2023
£ £
Trade debtors 9,575 16,630
Amounts recoverable on Contracts 17,000 42,000
Other debtors - 84
26,575 58,714
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 2,300 2,670
Other taxes and social security costs 6,158 10,807
Other creditors 2,600 1,800
11,058 15,277
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 2,683 4,600
7 Loans and other debts due to members 2024 2023
£ £
Amounts due to members in respect of profits 19,742 39,143
Amounts falling due within one year 19,742 39,143
Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.
8 Other information
Arrowsmith Associates llp is a limited liability partnership incorporated in England. Its registered office is:
Conyngham Hall
Bond End
Knaresborough
HG5 9AY
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