1 April 2024 false No description of principal activity Taxfiler 2024.6 OC303125business:LimitedLiabilityPartnershipLLP2024-04-012025-03-31 OC3031252024-03-31 OC3031252024-04-012025-03-31 OC303125business:AuditExempt-NoAccountantsReport2024-04-012025-03-31 OC303125business:FilletedAccounts2024-04-012025-03-31 OC3031252025-03-31 OC303125business:PartnerLLP12024-04-012025-03-31 OC303125business:PartnerLLP22024-04-012025-03-31 OC303125business:RegisteredOffice2024-04-012025-03-31 OC3031252024-03-31 OC303125core:WithinOneYear2025-03-31 OC303125core:WithinOneYear2024-03-31 OC303125core:AfterOneYear2025-03-31 OC303125core:AfterOneYear2024-03-31 OC303125business:SmallEntities2024-04-012025-03-31 OC303125core:ComputerEquipment2024-04-012025-03-31 OC303125countries:EnglandWales2024-04-012025-03-31 OC303125core:FurnitureFittings2024-03-31 OC303125core:ComputerEquipment2024-03-31 OC303125core:FurnitureFittings2025-03-31 OC303125core:ComputerEquipment2025-03-31 OC303125core:FurnitureFittings2024-04-012025-03-31 OC3031252023-04-012024-03-31 iso4217:GBP xbrli:pure
Registered No. OC303125 (England and Wales)
M J Spicer And Company Llp Unaudited accounts for the year ended 31 March 2025
M J Spicer And Company Llp LLP Information for the year ended 31 March 2025
Designated members
Mrs Melissa Spicer
Mr Michael Spicer
Registered Number
OC303125 (England and Wales)
Registered Office
Admirals Offices Main Gate Road The Historic Dockyard Chatham Kent ME4 4TZ England
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M J Spicer And Company Llp Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
3
6,374 
8,592 
Current assets
Cash at bank and in hand
139 
20,068 
Creditors: amounts falling due within one year
4
(350)
(8,529)
Net current (liabilities)/assets
(211)
11,539 
Total assets less current liabilities
6,163 
20,131 
Creditors: amounts falling due after more than one year
5
(18,024)
(21,256)
Net liabilities attributable to members
(11,861)
(1,125)
Represented by:
Loans and other debts due to members
6
(11,861)
(1,125)
(11,861)
(1,125)
Total members' interests
Loans and other debts due to members
(11,861)
(1,125)
(11,861)
(1,125)
For the year ending 31 March 2025 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 12 August 2025.
Mr Michael Spicer Designated member Limited Liability Partnership Registration No. OC303125
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M J Spicer And Company Llp Notes to the Accounts for the year ended 31 March 2025
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:
Computer equipment
33% straight line
2
Statutory information
M J Spicer And Company Llp is a limited liability partnership, incorporated in England and Wales, registration number OC303125. Its registered office is Admirals Offices, Main Gate Road The Historic Dockyard, Chatham, Kent, ME4 4TZ, England.
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M J Spicer And Company Llp Notes to the Accounts for the year ended 31 March 2025
3
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
10,750 
9,283 
20,033 
At 31 March 2025
10,750 
9,283 
20,033 
Depreciation
At 1 April 2024
2,436 
9,005 
11,441 
Charge for the year
2,079 
139 
2,218 
At 31 March 2025
4,515 
9,144 
13,659 
Net book value
At 31 March 2025
6,235 
139 
6,374 
At 31 March 2024
8,314 
278 
8,592 
4
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
- 
3,965 
Taxes and social security costs
350 
4,564 
350 
8,529 
5
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
18,024 
21,256 
6
Loans and other debts due to members
2025 
2024 
£ 
£ 
Amounts due to members in respect of profits
(11,861)
(1,125)
Amounts falling due within one year
(11,861)
(1,125)
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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