Registered No. OC364732 (England and Wales)
MUSON & HILLS LLP
Unaudited accounts
for the period from 1 June 2023 to 31 March 2024
MUSON & HILLS LLP
LLP Information
for the period from 1 June 2023 to 31 March 2024
Designated members
MUSON APABERG LIMITED
Registered Number
OC364732 (England and Wales)
Registered Office
LOWFIELD HOUSE
BROCKET ROAD
HODDESDON
HERTFORDSHIRE
EN11 8NZ
ENGLAND
MUSON & HILLS LLP
Statement of financial position
as at 31 March 2024
Intangible assets
(284)
(142)
Tangible assets
2,717
6,075
Cash at bank and in hand
2,375
4,100
Creditors: amounts falling due within one year
(74,321)
(27,771)
Net current liabilities
(63,867)
(21,830)
Total assets less current liabilities
(61,434)
(15,897)
Creditors: amounts falling due after more than one year
(30,147)
(43,632)
Net liabilities attributable to members
(91,581)
(59,529)
Loans and other debts due to members
(310,162)
(253,648)
Members' capital classified as equity
43,516
43,516
Other reserves
175,065
150,603
MUSON & HILLS LLP
Statement of financial position
as at 31 March 2024 (continued)
Loans and other debts due to members
(310,162)
(253,648)
Members' other interests
218,581
194,119
For the period ending 31 March 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 20 September 2024.
MR DAVID MUTSIKA-MAHWE
Designated member
Limited Liability Partnership Registration No. OC364732
MUSON & HILLS LLP
Notes to the Accounts
for the period from 1 June 2023 to 31 March 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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
Reducing Balance at 25%
Fixtures & fittings
Reducing Balance at 25%
Computer equipment
Reducing Balance at 25%
Other tangible fixed assets
Reducing Balance at 25%
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a reducing balance basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Reducing Balance at 25%
MUSON & HILLS LLP is a limited liability partnership, incorporated in England and Wales, registration number OC364732. Its registered office is LOWFIELD HOUSE, BROCKET ROAD, HODDESDON, HERTFORDSHIRE, EN11 8NZ, ENGLAND.
3
Intangible fixed assets
Other
MUSON & HILLS LLP
Notes to the Accounts
for the period from 1 June 2023 to 31 March 2024
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
46,524
2,293
5,447
54,264
At 31 March 2024
46,524
2,293
5,447
54,264
At 1 June 2023
42,254
2,300
3,635
48,189
Charge for the period
2,828
120
410
3,358
At 31 March 2024
45,082
2,420
4,045
51,547
At 31 March 2024
1,442
(127)
1,402
2,717
At 31 May 2023
4,270
(7)
1,812
6,075
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
7,324
3,175
Trade creditors
4,466
2,091
Taxes and social security costs
61,212
21,786
6
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
13,648
20,225
7
Loans and other debts due to members
2024
2023
Amounts due to members in respect of profits
(310,162)
(253,648)
Amounts falling due within one year
(310,162)
(253,648)
8
Average number of employees
During the period the average number of employees was 0 (2023: 0).