Registration number:
for the
Year Ended
Ledbury Projects LLP
Members' Report for the Year Ended 30 June 2022
The members present their report and the unaudited financial statements for the year ended 30 June 2022.
Designated members
The members who held office during the year were as follows:
Approved by the
.........................................
Designated member
Ledbury Projects LLP
Profit and Loss Account for the Year Ended 30 June 2022
Note |
Year ended 30 June 2022 |
1 February 2020 to 30 June 2021 |
|
Turnover |
- |
- |
|
Administrative expenses |
( |
( |
|
Other operating income |
|
|
|
Operating profit |
|
|
|
Interest payable and similar expenses |
( |
( |
|
Profit for the year before members' remuneration and profit shares |
|
|
|
Profit for the year available for discretionary division among members |
4,697 |
10,016 |
Ledbury Projects LLP
(Registration number: OC346391)
Balance Sheet as at 30 June 2022
Note |
30 June 2022 |
30 June 2021 |
|
Current assets |
|||
Stocks |
|
|
|
Debtors |
|
|
|
Cash and short-term deposits |
|
|
|
|
|
||
Net assets attributable to members |
|
|
|
Represented by: |
|||
Loans and other debts due to members |
|||
Other amounts |
552,246 |
556,943 |
|
Members’ other interests |
|||
Other reserves |
|
|
|
578,185 |
578,185 |
||
Total members' interests |
|||
Loans and other debts due to members |
552,246 |
556,943 |
|
Equity |
|
|
|
578,185 |
578,185 |
For the year ending 30 June 2022 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, as applied to small limited liability partnerships.
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 Ledbury Projects LLP (registered number OC346391) were approved by the
.........................................
Designated member
Ledbury Projects LLP
Statement of Changes in Members’ Interests
At 30 June 2022
Equity |
Loans and other debts due to/(from) members |
||||
Other reserves |
Total equity |
Members' other amounts |
Total debt |
Total |
|
Members' interest at 1 July 2021 |
21,242 |
21,242 |
556,943 |
556,943 |
578,185 |
Profit for the financial year available for discretionary division among members |
4,697 |
4,697 |
- |
- |
4,697 |
Members' interests after total comprehensive income |
25,939 |
25,939 |
556,943 |
556,943 |
582,882 |
Drawings (including tax payments) |
- |
- |
(4,697) |
(4,697) |
(4,697) |
At 30 June 2022 |
|
25,939 |
552,246 |
552,246 |
578,185 |
Equity |
Loans and other debts due to/(from) members |
||||
Other reserves |
Total equity |
Members' other amounts |
Total debt |
Total |
|
Members' interest at 1 February 2020 |
11,226 |
11,226 |
567,034 |
567,034 |
578,260 |
Profit for the financial year available for discretionary division among members |
10,016 |
10,016 |
- |
- |
10,016 |
Members' interests after total comprehensive income |
21,242 |
21,242 |
567,034 |
567,034 |
588,276 |
Drawings (including tax payments) |
- |
- |
(10,091) |
(10,091) |
(10,091) |
At 30 June 2021 |
|
21,242 |
556,943 |
556,943 |
578,185 |
Ledbury Projects LLP
Notes to the Financial Statements for the Year Ended 30 June 2022
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 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.
The functional currency of Ledbury Projects LLP is considered to be pounds sterling because that is the currency of the primary economic environment in which the limited liability partnership operates. Foreign operations are included in accordance with the policies set out below.
Particulars of employees |
The average number of members of the limited liability partnership during the year was
Stocks |
30 June 2022 |
30 June 2021 |
|
Stocks |
|
|
Debtors |
30 June 2022 |
30 June 2021 |
|
Other debtors |
|
|
Total current trade and other debtors |
165,000 |
165,000 |