Registered No. OC302150 (England and Wales)
Seaton Cleaning Supplies LLP
Unaudited accounts
for the year ended 30 June 2021
Seaton Cleaning Supplies LLP
LLP Information
for the year ended 30 June 2021
Designated members
Mr David Haggan
Registered Number
OC302150 (England and Wales)
Registered Office
Unit 28B
Park View Industrial Estate
Brenda Road
Hartlepool
TS25 1PG
Accountants
J W Smith & Co Ltd
JWS Hopper Hill Road
Scarborough
N Yorks
YO11 3YS
Seaton Cleaning Supplies LLP
Statement of financial position
as at
30 June 2021
Intangible assets
75,000
75,000
Tangible assets
69,611
47,344
Inventories
35,015
25,474
Cash at bank and in hand
50,343
97,303
Creditors: amounts falling due within one year
(130,990)
(202,593)
Net current assets
136,775
113,562
Total assets less current liabilities
281,386
235,906
Creditors: amounts falling due after more than one year
(35,824)
(80,876)
Net assets attributable to members
245,562
155,030
Members' capital classified as equity
155,030
105,423
Other reserves
90,532
49,607
Members' other interests
245,562
155,030
For the year ending 30 June 2021 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 19 March 2022.
Mr Lee Haggan
Designated member
Limited Liability Partnership Registration No. OC302150
Seaton Cleaning Supplies LLP
Notes to the Accounts
for the year ended 30 June 2021
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.
The accounts are presented in £ sterling.
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.
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:
Motor vehicles
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Capital based government grants are included within accruals and deferred income in the balance sheet and credited to trading profit over the expected useful economic lives of the assets to which they relate.
Where the LLP enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a 'finance lease'. The asset is recorded in the balance sheet as a tangible fixed asset and is depreciated over its estimated useful life or the term of the lease, whichever is shorter. Future instalments under such leases, net of finance charges, are included within creditors. Rentals payable are apportioned between the finance element, which is charged to the profit and loss account, and the capital element which reduces the outstanding obligation for future instalments.
All other leases are accounted for as 'operating leases' and the rental charges are charged to the profit and loss account on a straight line basis over the life of the lease.
The LLP operates a defined contribution scheme for the benefit of its employees. Contributions are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
Seaton Cleaning Supplies LLP
Notes to the Accounts
for the year ended 30 June 2021
Seaton Cleaning Supplies LLP is a limited liability partnership, incorporated in England and Wales, registration number OC302150. Its registered office is Unit 28B, Park View Industrial Estate, Brenda Road, Hartlepool, TS25 1PG.
3
Intangible fixed assets
Goodwill
4
Tangible fixed assets
Motor vehicles
Cost or valuation
At cost
Charge for the year
15,056
5
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
-
93,845
Obligations under finance leases and hire purchase contracts
16,527
5,370
Trade creditors
35,473
42,407
Taxes and social security costs
52,790
49,742
Seaton Cleaning Supplies LLP
Notes to the Accounts
for the year ended 30 June 2021
6
Creditors: amounts falling due after more than one year
2021
2020
Obligations under finance leases and hire purchase contracts
35,824
30,876
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
8
Average number of employees
During the year the average number of employees was 94 (2020: 87).