Murphy Thompson Moore LLP - Filleted accounts

Registered number

OC314041

Murphy Thompson Moore LLP

Filleted Accounts

31 December 2024

Murphy Thompson Moore LLP
Registered number:		OC314041
Balance Sheet
as at 31 December 2024
Notes		2024		2023
£			£
Fixed assets
Intangible assets	2	-		-
Tangible assets	3	1,640		-
		1,640		-
Current assets
Stocks		-		-
Debtors	4	12,137		11,896
Cash at bank and in hand		49,464		20,217
		61,601		42,018

Creditors: amounts falling due within one year	5	(24,793)		(36,290)

Net current assets		38,448		5,728

Total assets less current liabilities		38,448		5,728

Net assets attributable to members		38,448		5,728

Represented by:
Loans and other debts due to members	6	38,448		5,728

Members' other interests
Revaluation reserve		-		-
		-		-

		38,448		5,728

Total members' interests
Loans and other debts due to members	6	38,448		5,728
				-

		38,448		5,728

For the year ending 31st Deceember 2019 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied 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 of the LLP.
The 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.
These accounts were approved by the members on 27 September 2025 and signed on their behalf by:



Stephen Thompson
Designated member

Murphy Thompson Moore 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.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Division of profits
	Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account.

	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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
	Employees
	The average number of employees in the year was					0

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Members' capital
	Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional.



2	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 January 2024							1,383
	Additions							-
	Disposals							-
	At 31 December 2024							1,383

	Amortisation
	At 1 January 2024							-
	Provided during the year							1,383
	On disposals							-
	At 31 December 2024							1,383

	Net book value
	At 31 December 2024							-
	At 31 December 2023							1,383

	Goodwill is being written off in equal annual instalments over its estimated economic life of 15 years.






3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 January 2024	-				-		-
	Additions	-		-		-		-
	Revaluation	-						-
	Disposals	-		-		-		-
	At 31 December 2024	-		-		-		-

	Depreciation
	At 1 January 2024	-				-		-
	Charge for the year	-		410		-		410
	Revaluation	-						-
	On disposals	-		-		-		-
	At 31 December 2024	-		410		-		410

	Net book value
	At 31 December 2024	-		1,640		-		1,640
	At 31 December 2023	-		-		-		-





4	Debtors					2024		2023
£							£

	Trade debtors					8,523		8,282
	Amounts owed by group undertakings and undertakings in which the LLP has a participating interest					-
	Amounts due from members					-		-
	Other debtors					3,614		3,614
						12,137		11,896

	Amounts due after more than one year included above					-		-


5	Creditors: amounts falling due within one year					2024		2023
£							£

	Bank loans and overdrafts					9,319		15,319
	Obligations under finance lease and hire purchase contracts					-		-
	Trade creditors					8,212		30,600
	Amounts owed to group undertakings and undertakings in which the LLP has a participating interest					-		-
	Other taxes and social security costs					6,269		6,265
	Other creditors					993		-
						24,793		52,184




6	Loans and other debts due to members					2024		2023
£							£

	Members capital classified as debt					-		-
	Loans from members					38,448		5,728
	Amounts due to members in respect of profits					-		-
						38,448		5,728

	Amounts falling due within one year					38,448		5,728
	Amounts falling due after more than one year					-		-
						38,448		5,728

	Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.




7	Other information

	Murphy Thompson Moore LLP is a limited liability partnership incorporated in England. Its registered office is:
	3rd Floor
	82 King Street
	Manchester
	Lancashire
	M2 4WQ