|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FINANCIAL STATEMENTS FOR THE PERIOD 1 JANUARY 2020 TO 28 FEBRUARY 2021 |
|
FOR |
|
GLENGALL PROJECTS LLP |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FINANCIAL STATEMENTS FOR THE PERIOD 1 JANUARY 2020 TO 28 FEBRUARY 2021 |
|
FOR |
|
GLENGALL PROJECTS LLP |
GLENGALL PROJECTS LLP (REGISTERED NUMBER: OC362589) |
|
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JANUARY 2020 TO 28 FEBRUARY 2021 |
|
|
|
|
|
|
|
|
|
|
Page |
|
General Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 3 |
|
GLENGALL PROJECTS LLP |
|
GENERAL INFORMATION |
FOR THE PERIOD 1 JANUARY 2020 TO 28 FEBRUARY 2021 |
|
|
|
|
|
|
|
DESIGNATED MEMBERS: |
|
|
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Accountants |
2 Station Road West |
Oxted |
Surrey |
RH8 9EP |
GLENGALL PROJECTS LLP (REGISTERED NUMBER: OC362589) |
|
BALANCE SHEET |
28 FEBRUARY 2021 |
|
2021 | 2019 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
|
|
Tangible assets | 5 |
|
|
|
|
|
CURRENT ASSETS |
Stocks |
|
|
Debtors | 6 |
|
|
Cash at bank and in hand |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 7 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO
MEMBERS |
81,706 |
1,450,081 |
|
LOANS AND OTHER DEBTS DUE TO
MEMBERS |
81,706 |
1,450,081 |
|
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 81,706 | 1,450,081 |
|
|
|
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
|
|
|
|
|
GLENGALL PROJECTS LLP (REGISTERED NUMBER: OC362589) |
|
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JANUARY 2020 TO 28 FEBRUARY 2021 |
|
|
1. | STATUTORY INFORMATION |
|
Glengall Projects Llp is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page. |
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Turnover |
Turnover represents net invoiced sales of goods and services, excluding value added tax. |
|
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
|
|
|
Tangible fixed assets |
|
|
Stocks |
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
|
Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition. |
|
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
|
Pension costs and other post-retirement benefits |
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate. |
|
3. | EMPLOYEE INFORMATION |
|
The average number of employees during the period was
|
GLENGALL PROJECTS LLP (REGISTERED NUMBER: OC362589) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 JANUARY 2020 TO 28 FEBRUARY 2021 |
|
|
4. | INTANGIBLE FIXED ASSETS |
Other |
intangible |
assets |
£ |
COST |
At 1 January 2020 |
|
Disposals | ( |
) |
At 28 February 2021 |
|
AMORTISATION |
At 1 January 2020 |
|
Eliminated on disposal | ( |
) |
At 28 February 2021 |
|
NET BOOK VALUE |
At 28 February 2021 |
|
At 31 December 2019 |
|
|
5. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 January 2020 |
|
Additions |
|
Disposals | ( |
) |
At 28 February 2021 |
|
DEPRECIATION |
At 1 January 2020 |
|
Charge for period |
|
Eliminated on disposal | ( |
) |
At 28 February 2021 |
|
NET BOOK VALUE |
At 28 February 2021 |
|
At 31 December 2019 |
|
|
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2021 | 2019 |
£ | £ |
Trade debtors |
|
|
Other debtors |
|
|
|
|
GLENGALL PROJECTS LLP (REGISTERED NUMBER: OC362589) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 JANUARY 2020 TO 28 FEBRUARY 2021 |
|
|
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2021 | 2019 |
£ | £ |
Trade creditors |
|
|
Taxation and social security |
|
|
Other creditors |
|
|
|
|
|
8. | ULTIMATE CONTROLLING PARTY |
|
The controlling party is C Brain. |