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REGISTERED NUMBER: OC424657 (England and Wales)















Unaudited Financial Statements

for the Period 1 November 2023 to 31 March 2024

for

Applebridge Consulting LLP

Applebridge Consulting LLP (Registered number: OC424657)






Contents of the Financial Statements
for the Period 1 November 2023 to 31 March 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Applebridge Consulting LLP

General Information
for the Period 1 November 2023 to 31 March 2024







DESIGNATED MEMBERS: Mr D J Hughes
Mr C R Brown
Mr A M Ray





REGISTERED OFFICE: Hughes House
Cargo Fleet Road
Middlesbrough
TS3 6AG





REGISTERED NUMBER: OC424657 (England and Wales)





ACCOUNTANTS: JBC Accountants Limited
Chartered Accountants
3B Lockheed Court
Preston Farm
Stockton on Tees
TS18 3SH

Applebridge Consulting LLP (Registered number: OC424657)

Balance Sheet
31 March 2024

31/3/24 31/10/23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 946,142 1,079,746

CURRENT ASSETS
Debtors 5 81,826 70,231
Cash at bank 32,263 8,801
114,089 79,032
CREDITORS
Amounts falling due within one year 6 689,528 676,247
NET CURRENT LIABILITIES (575,439 ) (597,215 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

370,703

482,531

CREDITORS
Amounts falling due after more than one
year

7

271,236

314,037
NET ASSETS ATTRIBUTABLE TO
MEMBERS

99,467

168,494

LOANS AND OTHER DEBTS DUE TO
MEMBERS

99,467

168,494

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 99,467 168,494

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.

Applebridge Consulting LLP (Registered number: OC424657)

Balance Sheet - continued
31 March 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 23 January 2025 and were signed by:





Mr D J Hughes - Designated member

Applebridge Consulting LLP (Registered number: OC424657)

Notes to the Financial Statements
for the Period 1 November 2023 to 31 March 2024

1. STATUTORY INFORMATION

Applebridge Consulting LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEE INFORMATION

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 November 2023 1,344,420
Disposals (67,756 )
At 31 March 2024 1,276,664
DEPRECIATION
At 1 November 2023 264,674
Charge for period 68,031
Eliminated on disposal (2,183 )
At 31 March 2024 330,522
NET BOOK VALUE
At 31 March 2024 946,142
At 31 October 2023 1,079,746

Applebridge Consulting LLP (Registered number: OC424657)

Notes to the Financial Statements - continued
for the Period 1 November 2023 to 31 March 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£
COST
At 1 November 2023 1,236,520
Disposals (67,756 )
At 31 March 2024 1,168,764
DEPRECIATION
At 1 November 2023 220,495
Charge for period 65,669
Eliminated on disposal (2,183 )
At 31 March 2024 283,981
NET BOOK VALUE
At 31 March 2024 884,783
At 31 October 2023 1,016,025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/10/23
£ £
Trade debtors 81,826 70,231

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/10/23
£ £
Hire purchase contracts 180,440 302,514
Trade creditors 104,863 104,825
Taxation and social security 25,755 16,436
Other creditors 378,470 252,472
689,528 676,247

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/24 31/10/23
£ £
Hire purchase contracts 271,236 314,037