REGISTERED NUMBER: |
ROLAND ROBINSONS AND FENTONS LLP |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JULY 2024 |
REGISTERED NUMBER: |
ROLAND ROBINSONS AND FENTONS LLP |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JULY 2024 |
ROLAND ROBINSONS AND FENTONS LLP (REGISTERED NUMBER: OC353912) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JULY 2024 |
Page |
General Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 5 |
ROLAND ROBINSONS AND FENTONS LLP |
GENERAL INFORMATION |
FOR THE YEAR ENDED 31 JULY 2024 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Avroe House |
Avroe Crescent |
Blackpool Business Park |
Blackpool |
Lancashire |
FY4 2DP |
ROLAND ROBINSONS AND FENTONS LLP (REGISTERED NUMBER: OC353912) |
ABRIDGED BALANCE SHEET |
31 JULY 2024 |
2024 | 2023 |
Notes | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
981,992 |
985,520 |
ROLAND ROBINSONS AND FENTONS LLP (REGISTERED NUMBER: OC353912) |
ABRIDGED BALANCE SHEET - continued |
31 JULY 2024 |
2024 | 2023 |
Notes | £ | £ | £ |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
6 |
691,992 |
695,520 |
MEMBERS' OTHER INTERESTS |
Capital accounts | 290,000 | 290,000 |
981,992 | 985,520 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members |
6 |
691,992 |
695,520 |
Members' other interests | 290,000 | 290,000 |
981,992 | 985,520 |
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. |
ROLAND ROBINSONS AND FENTONS LLP (REGISTERED NUMBER: OC353912) |
ABRIDGED BALANCE SHEET - continued |
31 JULY 2024 |
The financial statements were approved by the members of the LLP and authorised for issue on |
ROLAND ROBINSONS AND FENTONS LLP (REGISTERED NUMBER: OC353912) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JULY 2024 |
1. | STATUTORY INFORMATION |
Roland Robinsons and Fentons 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 |
The financial statements are presented in sterling, which is the functional currency of the LLP. Monetary amounts in these financial statements are rounded to the nearest £. |
Turnover |
Turnover represents the net invoiced sales of services, excluding value added tax. |
Goodwill |
Goodwill, being the amount recognised on the introduction of new members into the business, is being amortised over its estimated useful life of 10 years. |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Tangible fixed assets |
Fixtures and fittings | - |
Computer equipment | - |
Stocks |
Work in progress is valued at the lower of cost and net realisable value. |
Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
Pension costs and other post-retirement benefits |
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate. |
ROLAND ROBINSONS AND FENTONS LLP (REGISTERED NUMBER: OC353912) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 JULY 2024 |
3. | EMPLOYEE INFORMATION |
The average number of employees during the year was |
4. | INTANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 August 2023 |
and 31 July 2024 |
AMORTISATION |
At 1 August 2023 |
Amortisation for year |
At 31 July 2024 |
NET BOOK VALUE |
At 31 July 2024 |
At 31 July 2023 |
5. | TANGIBLE FIXED ASSETS |
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 |
6. | 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'. |