Taylor Cobby LLP Accounts
Taylor Cobby LLP Accounts
Taylor Cobby LLP Filleted Accounts Cover |
Registered No. OC391286 | |||||||||
Taylor Cobby LLP Balance Sheet Registrar |
at | ||||||||||
Registered No. | Notes | 2022 | 2021 | |||||||
£ | £ | |||||||||
Fixed assets | ||||||||||
Tangible assets | 5 | 21,996 | 26,059 | |||||||
21,996 | 26,059 | |||||||||
Current assets | ||||||||||
Cash at bank and in hand | 4,077 | 3,102 | ||||||||
4,077 | 3,102 | |||||||||
Creditors: Amounts falling due within one year | 6 | (3,857) | (3,111) | |||||||
Net current assets/(liabilities) | 220 | (9) | ||||||||
Total assets less current liabilities | 22,216 | 26,050 | ||||||||
Creditors: Amounts falling due after more than one year | 7 | (11,512) | (14,238) | |||||||
Net assets attributable to members | 10,704 | 11,812 | ||||||||
Represented by: | ||||||||||
Members' other interests | ||||||||||
Other reserves | 10,704 | 11,812 | ||||||||
10,704 | 11,812 | |||||||||
10,704 | 11,812 | |||||||||
As permitted by section 444 (5A)of the Companies Act 2006 the members have not delivered to the Registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the members on 09 August 2022 | ||||||||||
And signed on its behalf by designated member: | ||||||||||
S. Cobby | ||||||||||
Designated member | ||||||||||
09 August 2022 |
Taylor Cobby LLP Notes to the Accounts Registrar |
for the year ended 28 February 2022 | ||||||||||||||||
1 | General information | |||||||||||||||
Its registered number is: OC391286 | ||||||||||||||||
Its registered office is: | ||||||||||||||||
2 | Accounting policies |
Turnover | ||||||||||||||||
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when all the following conditions are satisfied: • the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; • the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; • the amount of revenue can be measured reliably; • it is probable that the economic benefits associated with the transaction will flow to the Company; and • the costs incurred or to be incurred in respect of the transaction can be measured reliably. Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed. | ||||||||||||||||
Tangible fixed assets and depreciation | ||||||||||||||||
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. | ||||||||||||||||
Freehold buildings | ||||||||||||||||
Motor vehicles | ||||||||||||||||
Furniture, fittings and equipment | ||||||||||||||||
Trade and other creditors | ||||||||||||||||
Members' Interests | ||||||||||||||||
Members' interests are classified as either equity or debt. Equity interests comprise any capital introduced classified as equity, any unallocated profits, any revaluation reserve and any other reserves. Loans and other debts due to members comprise any capital introduced but classified as a liability, any loans from members, amounts due to members in respect of allocated profits less drawings and any other amounts that the LLP is contractually obliged to repay to members. | ||||||||||||||||
3 | Information in relation to members | |||||||||||||||
2022 | 2021 | |||||||||||||||
Number | Number | |||||||||||||||
The average number of members during the year : | 2 | 2 | ||||||||||||||
4 | Employees | |||||||||||||||
2022 | 2021 | |||||||||||||||
Number | Number | |||||||||||||||
The average number of persons employed during the year was: | ||||||||||||||||
5 | Tangible fixed assets | |||||||||||||||
Land and buildings | Motor vehicles | Fixtures, fittings and equipment | Total | |||||||||||||
£ | £ | £ | £ | |||||||||||||
Cost | ||||||||||||||||
At 1 March 2021 | ||||||||||||||||
At 28 February 2022 | ||||||||||||||||
Depreciation | ||||||||||||||||
At 1 March 2021 | ||||||||||||||||
Charge for the year | ||||||||||||||||
At 28 February 2022 | ||||||||||||||||
Net book values | ||||||||||||||||
At 28 February 2022 | ||||||||||||||||
At 28 February 2021 | ||||||||||||||||
6 | Creditors: | |||||||||||||||
amounts falling due within one year | ||||||||||||||||
2022 | 2021 | |||||||||||||||
£ | £ | |||||||||||||||
Bank loans and overdrafts | ||||||||||||||||
Accruals and deferred income | ||||||||||||||||
7 | Creditors: | |||||||||||||||
amounts falling due after more than one year | ||||||||||||||||
2022 | 2021 | |||||||||||||||
£ | £ | |||||||||||||||
Bank loans and overdrafts | ||||||||||||||||