Registration number:
A & M Milnes LLP
for the Year Ended 31 March 2025
A & M Milnes LLP
Contents
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Financial Statements |
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Balance Sheet |
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Notes to the Financial Statements |
A & M Milnes LLP
(Registration number: OC397378)
Balance Sheet as at 31 March 2025
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Note |
2025 |
2024 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash and short-term deposits |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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Net assets attributable to members |
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Represented by: |
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Total members' interests |
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Equity |
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954,926 |
768,206 |
For the year ending 31 March 2025 the limited liability partnership was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied to limited liability partnerships, relating to small entities.
These financial statements have been prepared in accordance with the provisions applicable to limited liability partnerships subject to the small limited liability partnerships regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime, as applied to limited liability partnerships. As permitted by section 444
(5A) of the Companies Act 2006, the members have not delivered to the registrar a copy of the Profit and Loss Account.
The members acknowledge their responsibilities for complying with the requirements of the Act, as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 with respect to accounting records and the preparation of accounts.
The financial statements of A & M Milnes LLP (registered number OC397378) were approved by the
A & M Milnes LLP
(Registration number: OC397378)
Balance Sheet as at 31 March 2025
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A & M Milnes LLP
Notes to the Financial Statements for the Year Ended 31 March 2025
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A
- 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
General information and basis of accounting
The limited liability partnership is incorporated in England and Wales under the Limited Liability Partnership Act 2000. The address of the registered office is given on the limited liability partnership information page. The nature of the limited liability partnership’s operations and its principal activities are given in the members’report.
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Tangible fixed assets
Tangible fixed assets are stated at cost or fair value, net of depreciation any provision for impairment.
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
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Asset class |
Depreciation method and rate |
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Land and Buildings |
2% straight line |
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Plant and machinery |
15% reducing balance |
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Particulars of employees |
The average number of persons employed by the limited liability partnership during the year was
A & M Milnes LLP
Notes to the Financial Statements for the Year Ended 31 March 2025
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Tangible fixed assets |
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Freehold land and buildings |
Plant and machinery |
Total |
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Cost |
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At 1 April 2024 |
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At 31 March 2025 |
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Depreciation |
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At 1 April 2024 |
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Charge for the year |
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At 31 March 2025 |
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Net book value |
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At 31 March 2025 |
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At 31 March 2024 |
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Debtors |
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2025 |
2024 |
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Other debtors |
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Total current trade and other debtors |
31,500 |
70,000 |
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Creditors: Amounts falling due within one year |
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2025 |
2024 |
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Bank loans and overdrafts |
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Creditors: Amounts falling due after more than one year |
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2025 |
2024 |
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Bank loans and overdrafts |
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