SO307525falsefinancial consultancy2024-04-062025-04-05http://www.companieshouse.gov.uk/2024-04-05http://www.companieshouse.gov.uk/cd:Director12024-04-062025-04-05http://www.companieshouse.gov.uk/cd:Director22024-04-062025-04-05http://www.companieshouse.gov.uk/cd:LimitedLiabilityPartnershipLLP2024-04-062025-04-05http://www.companieshouse.gov.uk/pt:NetGoodwill2024-04-05http://www.companieshouse.gov.uk/pt:NetGoodwill2025-04-05http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-062025-04-05http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-04-05http://www.companieshouse.gov.uk/pt:NetGoodwill2024-04-062025-04-05http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-04-05http://www.companieshouse.gov.uk/2024-04-062025-04-05http://www.companieshouse.gov.uk/2024-04-05http://www.companieshouse.gov.uk/cd:FRS1022024-04-062025-04-05http://www.companieshouse.gov.uk/2025-04-05http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-062025-04-05iso4217:GBPxbrli:sharesxbrli:pure
Registered number: SO307525
MAP Whiteacres LLP
ACCOUNTS
FOR THE YEAR ENDED 05/04/2025
Prepared By:
Accounts Advice & Planning
St Andrews House
385 Hillington Road
Glasgow
Renfrewshire
G52 4BL
MAP Whiteacres LLP
CONTENTS
Page
Report of the Members-
Report of the Accountants-
Profit and Loss Account-
Balance Sheet3
Notes to the Accounts4
The following do not form part of the statutory financial statements:
Trading and Profit and Loss Account-
Profit and Loss Account Summaries-
Capital Accounts-
Current Accounts-
MAP Whiteacres LLP
ACCOUNTS
FOR THE YEAR ENDED 05/04/2025
DESIGNATED MEMBERS
Joe Taylor
Heather Taylor
REGISTERED OFFICE
COMPANY NUMBER
SO307525
ACCOUNTANTS
Accounts Advice & Planning
St Andrews House
385 Hillington Road
Glasgow
Renfrewshire
G52 4BL
MAP Whiteacres LLP
BALANCE SHEET AT 05/04/2025
20252024
Notes££
FIXED ASSETS
Intangible assets272,00072,000
CURRENT ASSETS
Cash at bank and in hand70,6721,501
70,6721,501
CREDITORS: Amounts falling due within one year610560
NET CURRENT ASSETS70,062941
NET ASSETS ATTRIBUTABLE TO MEMBERS142,06272,941
LOANS AND OTHER DEBTS DUE TO MEMBERS141,96272,841
MEMBERS ' OTHER INTERESTS
141,96272,841
TOTAL MEMBERS' INTERESTS
Loans and other debts due to members141,96272,841
141,96272,841
For the year ending 05/04/2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 as modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts as modified 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
The members have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the members on 16/04/2025 and signed on their behalf by
.............................
Joe Taylor
Designated Member
MAP Whiteacres LLP
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 05/04/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships.
1b. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
1c. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
MAP Whiteacres LLP
2. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 06/04/202472,00072,000
At 05/04/202572,00072,000
Depreciation
At 05/04/2025--
Net Book Amounts
At 05/04/202572,00072,000
At 05/04/202472,00072,000
3. EMPLOYEES
20252024
No.No.
Average number of employees--