1 January 2024 false No description of principal activity Taxfiler 2024.6 OC445012 business:LimitedLiabilityPartnershipLLP 2024-01-01 2024-12-31 OC445012 2023-12-31 OC445012 2024-01-01 2024-12-31 OC445012 business:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 OC445012 business:FilletedAccounts 2024-01-01 2024-12-31 OC445012 2024-12-31 OC445012 2023-12-31 OC445012 core:WithinOneYear 2024-12-31 OC445012 core:WithinOneYear 2023-12-31 OC445012 business:SmallEntities 2024-01-01 2024-12-31 OC445012 business:PartnerLLP1 2024-01-01 2024-12-31 OC445012 core:FurnitureFittings 2024-01-01 2024-12-31 OC445012 countries:EnglandWales 2024-01-01 2024-12-31 OC445012 business:RegisteredOffice 2024-01-01 2024-12-31 OC445012 core:FurnitureFittings 2023-12-31 OC445012 core:FurnitureFittings 2024-12-31 OC445012 2022-12-13 2023-12-31 iso4217:GBP xbrli:pure
Registered No. OC445012 (England and Wales)
AVTECH SECURITY INSTALLATIONS LLP Unaudited accounts for the year ended 31 December 2024
AVTECH SECURITY INSTALLATIONS LLP Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
3
3,520
4,400
Current assets
Debtors
35,607
25,138
Cash at bank and in hand
8,529
3,549
44,136
28,687
Creditors: amounts falling due within one year
4
(885)
(585)
Net current assets
43,251
28,102
Net assets attributable to members
46,771
32,502
Represented by:
Loans and other debts due to members
5
46,771
32,502
46,771
32,502
Total members' interests
Loans and other debts due to members
46,771
32,502
46,771
32,502
For the year ending 31 December 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 3 January 2025.
Mr Jacob Matthew Garner Designated member Limited Liability Partnership Registration No. OC445012
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AVTECH SECURITY INSTALLATIONS LLP Notes to the Accounts for the year ended 31 December 2024
1
Accounting policies
Basis of preparation
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Members' remuneration
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense. Members are expected to subscribe a minimum amount of capital and may be invited to contribute more. On retirement, all capital is repaid to the member concerned. Members' shares in the profit or loss for the year available for discretionary division among the members are accounted for as an allocation of that balance. Allocated balances are split between the members with any unallocated balances being included within 'Other reserves'. Members are permitted to make drawings in anticipation of that allocation, subject to the agreement of the other members.
Members' capital
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.
Taxation
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
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:
Fixtures & fittings
20% on reducing balance
2
Statutory information
AVTECH SECURITY INSTALLATIONS LLP is a limited liability partnership, incorporated in England and Wales, registration number OC445012. Its registered office is 15 NORBRECK ROAD, DONCASTER, DN4 9QS, ENGLAND.
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AVTECH SECURITY INSTALLATIONS LLP Notes to the Accounts for the year ended 31 December 2024
3
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 January 2024
5,500
At 31 December 2024
5,500
Depreciation
At 1 January 2024
1,100
Charge for the year
880
At 31 December 2024
1,980
Net book value
At 31 December 2024
3,520
At 31 December 2023
4,400
4
Creditors: amounts falling due within one year
2024
2023
£
£
Accruals
885
585
5
Loans and other debts due to members
2024
2023
£
£
Amounts due to members in respect of profits
46,771
32,502
Amounts falling due within one year
46,771
32,502
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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