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REGISTERED NUMBER: OC332943 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

FOR

PSJ ALEXANDER & CO LLP

PSJ ALEXANDER & CO LLP (REGISTERED NUMBER: OC332943)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PSJ ALEXANDER & CO LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DESIGNATED MEMBERS: Mr V N Shah
Mr M S Shah





REGISTERED OFFICE: 1 Doughty Street
London
WC1N 2PH





REGISTERED NUMBER: OC332943 (England and Wales)






PSJ ALEXANDER & CO LLP (REGISTERED NUMBER: OC332943)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,236 -

CURRENT ASSETS
Debtors 5 358,720 337,091
Cash at bank 106,262 243,988
464,982 581,079
CREDITORS
Amounts falling due within one year 6 199,945 270,447
NET CURRENT ASSETS 265,037 310,632
TOTAL ASSETS LESS CURRENT
LIABILITIES

270,273

310,632

CREDITORS
Amounts falling due after more than one year 7 14,166 24,206
NET ASSETS ATTRIBUTABLE TO
MEMBERS

256,107

286,426

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

256,107

286,426

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 256,107 286,426

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 year ended 31st 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.

PSJ ALEXANDER & CO LLP (REGISTERED NUMBER: OC332943)

BALANCE SHEET - continued
31ST 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 23rd March 2025 and were signed by:




Mr V N Shah - Designated member




Mr M S Shah - Designated member


PSJ ALEXANDER & CO LLP (REGISTERED NUMBER: OC332943)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024


1. STATUTORY INFORMATION

PSJ Alexander & Co 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 the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEE INFORMATION

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 6,981
At 31st March 2024 6,981
DEPRECIATION
Charge for year 1,745
At 31st March 2024 1,745
NET BOOK VALUE
At 31st March 2024 5,236

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 131,001 92,214
Other debtors 227,719 244,877
358,720 337,091

PSJ ALEXANDER & CO LLP (REGISTERED NUMBER: OC332943)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 8,334 8,334
Trade creditors 2,425 2,040
Taxation and social security 25,617 28,387
Other creditors 163,569 231,686
199,945 270,447

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 14,166 24,206

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up, amounts due to members may be set-off against amounts due from members but would otherwise rank after unsecured creditors.

9. ULTIMATE CONTROLLING PARTY

The controlling party is Designated Members.

The ultimate controlling party is Designated Members.

The controlling and ultimate controlling parties are the designated members and their close family members.