REGISTERED NUMBER: |
SNOWDONIA GOAT COMPANY LLP |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JULY 2024 |
REGISTERED NUMBER: |
SNOWDONIA GOAT COMPANY LLP |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JULY 2024 |
SNOWDONIA GOAT COMPANY LLP (REGISTERED NUMBER: OC427895) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 31 JULY 2024 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
SNOWDONIA GOAT COMPANY LLP |
GENERAL INFORMATION |
for the Year Ended 31 JULY 2024 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Glyndwr Buildings |
Glyndwr Street |
Dolgellau |
Gwynedd |
LL40 1BB |
SNOWDONIA GOAT COMPANY LLP (REGISTERED NUMBER: OC427895) |
BALANCE SHEET |
31 JULY 2024 |
2024 | 2023 |
Notes | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
49,705 |
62,688 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
7 |
49,705 |
62,688 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 7 | 49,705 | 62,688 |
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. |
SNOWDONIA GOAT COMPANY LLP (REGISTERED NUMBER: OC427895) |
BALANCE SHEET - continued |
31 JULY 2024 |
The financial statements were approved by the members of the LLP and authorised for issue on |
SNOWDONIA GOAT COMPANY LLP (REGISTERED NUMBER: OC427895) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 31 JULY 2024 |
1. | STATUTORY INFORMATION |
Snowdonia Goat Company LLP is registered in 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 |
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 |
Plant and machinery | - |
Computer equipment | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the year was NIL (2023 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Improvements |
Freehold | to | Plant and | Computer |
property | property | machinery | equipment | Totals |
£ | £ | £ | £ | £ |
COST |
At 1 August 2023 |
and 31 July 2024 |
DEPRECIATION |
At 1 August 2023 |
Charge for year |
At 31 July 2024 |
NET BOOK VALUE |
At 31 July 2024 |
At 31 July 2023 |
SNOWDONIA GOAT COMPANY LLP (REGISTERED NUMBER: OC427895) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 31 JULY 2024 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
VAT |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans and overdrafts |
Loans |
HSBC Bounce Back Loan | 11,407 | 13,257 |
Trade creditors |
Accrued expenses |
7. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up. |
There is no provision for specific legally enforceable protection afforded to creditors in such an event. |
There are no restrictions or limitations on the ability of the members to reduce the amount of ‘Members’ other interests'. |