Bighton Pub LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC429625 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

BIGHTON PUB LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

H W McCowen

C R McCowen

A G Skirton

Dr S Garnett

REGISTERED OFFICE:

Manor Farm

Bighton

Alresford

Hampshire

SO24 9RD

REGISTERED NUMBER:

OC429625 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Tangible assets

4

615,815

720,225

CURRENT ASSETS

Debtors

5

186,689

62,796

Cash at bank

39,680

64,462

226,369

127,258

CREDITORS

Amounts falling due within one year

6

2,184

7,483

NET CURRENT ASSETS

224,185

119,775

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO
MEMBERS

840,000

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

MEMBERS' OTHER INTERESTS

Capital accounts

840,000

TOTAL MEMBERS' INTERESTS

Members' other interests

840,000

Amounts due from members

5

(162,355

)

(61,164

)

677,645

778,836

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 31 March 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 26 October 2022 and were signed by:

A G Skirton - Designated member

H W McCowen - Designated member

1.	STATUTORY INFORMATION

Bighton Pub 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.

Freehold property

-

nil

Improvements to property

-

10% on cost

Fixtures and fittings

-

20% on reducing balance

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Freehold

to

and

property

fittings

Totals

£

COST

At 1 April 2021

676,325

36,971

11,269

724,565

Additions

-

6,500

Disposals

(100,000

)

-

(5,384

)

(105,384

)

At 31 March 2022

576,325

36,971

12,385

625,681

DEPRECIATION

At 1 April 2021

-

2,929

1,411

4,340

Charge for year

-

3,405

2,317

5,722

Eliminated on disposal

-

(196

)

(196

)

At 31 March 2022

-

6,334

3,532

9,866

NET BOOK VALUE

At 31 March 2022

576,325

30,637

8,853

615,815

At 31 March 2021

676,325

34,042

9,858

720,225

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

Trade debtors

23,101

-

Other debtors

163,588

62,796

186,689

62,796

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

Other creditors

2,184

7,483

Bighton Pub LLP - Accounts to registrar (filleted) - small 22.3

Bighton Pub LLP - Accounts to registrar (filleted) - small 22.3