Registered No. NC001397 (Northern Ireland)
Cogan & Shackleton LLP
Unaudited accounts
for the year ended 30 April 2024
Cogan & Shackleton LLP
LLP Information
for the year ended 30 April 2024
Designated members
Mr Ian David Morrow
Registered Number
NC001397 (Northern Ireland)
Registered Office
10 New Row
Coleraine
BT52 1AF
Accountants
Campbell Ritchie Chartered Accountants Ltd
21 Warnocks Lane
Coleraine
Co. Londonderry
BT52 1TH
Cogan & Shackleton LLP
Statement of financial position
as at 30 April 2024
Tangible assets
57,881
80,664
Cash at bank and in hand
217,447
122,610
Creditors: amounts falling due within one year
(47,381)
(55,402)
Net current assets
248,490
159,124
Total assets less current liabilities
306,371
239,788
Creditors: amounts falling due after more than one year
(43,595)
(58,375)
Net assets attributable to members
262,776
181,413
Members' capital classified as equity
(607,088)
(427,367)
Other reserves
869,864
608,780
Members' other interests
262,776
181,413
For the year ending 30 April 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small 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.
These 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.
Approved by the members on 31 October 2024.
Mr Ian David Morrow
Designated member
Limited Liability Partnership Registration No. NC001397
Cogan & Shackleton LLP
Notes to the Accounts
for the year ended 30 April 2024
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.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Motor vehicles
20% straight line
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
Cogan & Shackleton LLP is a limited liability partnership, incorporated in Northern Ireland, registration number NC001397. Its registered office is 10 New Row, Coleraine, BT52 1AF.
3
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2023
18,692
139,304
17,126
17,788
192,910
Additions
-
-
2,400
-
2,400
At 30 April 2024
18,692
139,304
19,526
17,788
195,310
At 1 May 2023
18,543
63,899
13,264
16,540
112,246
Charge for the year
21
21,363
2,655
1,144
25,183
At 30 April 2024
18,564
85,262
15,919
17,684
137,429
At 30 April 2024
128
54,042
3,607
104
57,881
At 30 April 2023
149
75,405
3,862
1,248
80,664
4
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
7,586
4,650
Obligations under finance leases and hire purchase contracts
12,318
12,318
Trade creditors
5,195
6,149
Taxes and social security costs
19,599
30,285
Cogan & Shackleton LLP
Notes to the Accounts
for the year ended 30 April 2024
5
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
43,595
54,887
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the year the average number of employees was 0 (2023: 6).