M U 5039 LLP - Accounts to registrar (filleted) - small 22.3

Unaudited Financial Statements for the Year Ended 5 April 2022

for

M U 5039 LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr S Murphy

Mrs L Murphy

Mr P W E Dillon

Mr S Rooney

Mr A C Wilson

Ms A Xeroulis

REGISTERED OFFICE:

Unit 3.2 Wilford Business Park

Nottingham South & Wilford Ind Estate

Nottingham

NG11 7EP

REGISTERED NUMBER:

OC346952 (England and Wales)

ACCOUNTANTS:

D & A Pearston Ltd

Chartered Accountants

73 Stirling Business Centre

Wellgreen Place

Stirling

FK8 2DZ

FIXED ASSETS

Tangible assets

4

63,531

42,030

CURRENT ASSETS

Debtors

5

-

7,303

Cash at bank

50,092

41,825

50,092

49,128

CREDITORS

Amounts falling due within one year

6

64,063

60,272

NET CURRENT LIABILITIES

(13,971

)

(11,144

)

TOTAL ASSETS LESS CURRENT LIABILITIES

49,560

30,886

CREDITORS

Amounts falling due after more than one year

7

41,983

30,886

NET ASSETS ATTRIBUTABLE TO MEMBERS

7,577

-

LOANS AND OTHER DEBTS DUE TO MEMBERS

7,577

-

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7,577

-

Amounts due from members

5

-

(7,251

)

7,577

(7,251

)

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 5 April 2022.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

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 20 September 2022 and were signed by:

Mr S Murphy - Designated member

1.	STATUTORY INFORMATION

M U 5039 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

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2021 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 6 April 2021

70,759

Additions

78,849

Disposals

(52,836

)

At 5 April 2022

96,772

DEPRECIATION

At 6 April 2021

28,729

Charge for year

21,177

Eliminated on disposal

(16,665

)

At 5 April 2022

33,241

NET BOOK VALUE

At 5 April 2022

63,531

At 5 April 2021

42,030

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.22

5.4.21

£

£

Other debtors

-

7,303

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.22

5.4.21

£

£

Bank loans and overdrafts

4,263

-

Hire purchase contracts

8,048

4,626

Other creditors

51,752

55,646

64,063

60,272

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

5.4.22

5.4.21

£

£

Bank loans

15,737

-

Hire purchase contracts

26,246

30,886

41,983

30,886