REGISTERED NUMBER: |
Jolliffe Cork LLP |
Financial Statements |
for the Year Ended 30 April 2023 |
REGISTERED NUMBER: |
Jolliffe Cork LLP |
Financial Statements |
for the Year Ended 30 April 2023 |
Jolliffe Cork LLP (Registered number: OC307104) |
Contents of the Financial Statements |
for the year ended 30 April 2023 |
Page |
Balance Sheet | 1 |
Notes to the Financial Statements | 3 |
Jolliffe Cork LLP (Registered number: OC307104) |
Balance Sheet |
30 April 2023 |
2023 | 2022 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
500,708 |
732,429 |
Jolliffe Cork LLP (Registered number: OC307104) |
Balance Sheet - continued |
30 April 2023 |
2023 | 2022 |
Notes | £ | £ |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
6 |
500,708 |
732,429 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 6 | 500,708 | 732,429 |
The members acknowledge their responsibilities for: |
(a) | ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs 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. |
In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered. |
The financial statements were approved by the members of the LLP and authorised for issue on |
Jolliffe Cork LLP (Registered number: OC307104) |
Notes to the Financial Statements |
for the year ended 30 April 2023 |
1. | STATUTORY INFORMATION |
Jolliffe Cork LLP is registered in England and Wales. The LLP's registered number and registered office address are as below: |
Registered number: |
Registered office: |
The presentation currency of the financial statements is the Pound Sterling (£). |
All financial information presented has been rounded to the nearest (£), unless otherwise stated. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Going Concern |
On 30 April 2021 the LLP ceased trading. As required by UK accounting standards, the members have prepared the financial statements on the basis that the LLP is no longer a going concern. |
Members' remuneration |
The LLP agreement provides for the automatic division of profits for each member. These amounts are included in the Income statement as members' remuneration charged as an expense. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the year was NIL (2022 - NIL). |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade creditors |
Social security and other taxes |
Other creditors |
Accruals and deferred income |
Jolliffe Cork LLP (Registered number: OC307104) |
Notes to the Financial Statements - continued |
for the year ended 30 April 2023 |
6. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
2023 | 2022 |
£ | £ |
Loans from members | 500,708 | 732,429 |
Falling due after more than one year | 500,708 | 732,429 |
Loans and other debts due to members rank equally with unsecured creditors in the event of a winding up. |