Quba Services LLP - LLP accounts 22.3

REGISTERED NUMBER: OC396247 (England and Wales)

REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 DECEMBER 2020 TO 28 NOVEMBER 2021

FOR

QUBA SERVICES LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

J D Toogood

Quba Construction Limited

REGISTERED OFFICE:

Oak Suite, Rake Factory

Church Road

Smeeth

Ashford

Kent

TN25 6SA

REGISTERED NUMBER:

OC396247 (England and Wales)

ACCOUNTANTS:

Calcutt Matthews WBZ Ltd

Chartered Accountants

19 North Street

Ashford

Kent

TN24 8LF

The members present their report with the financial statements of the LLP for the period 1 December 2020 to 28 November 2021.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the period under review was that of commercial construction.

DESIGNATED MEMBERS

The designated members during the period under review were:

J D Toogood

Quba Construction Limited

RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS

The loss for the period before members' remuneration and profit shares was £90 (2020 - £87 loss).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

J D Toogood - Designated member

28 November 2022

TURNOVER

-

-

Administrative expenses

76

65

OPERATING LOSS

(76

)

(65

)

Interest payable and similar expenses

14

22

LOSS FOR THE FINANCIAL PERIOD BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

(90

)

(87

)

FIXED ASSETS

Tangible assets

4

295

295

CURRENT ASSETS

Debtors

38,459

38,622

Cash at bank

5

-

38,464

38,622

CREDITORS

Amounts falling due within one year

5

35,053

35,211

NET CURRENT ASSETS

3,411

3,411

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

3,706

3,706

LOANS AND OTHER DEBTS DUE TO MEMBERS

6

3,706

3,706

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

3,706

3,706

Amounts due from members

(38,459

)

(38,622

)

(34,753

)

(34,916

)

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 period ended 28 November 2021.

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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 28 November 2022 and were signed by:

J D Toogood - Designated member

1.	STATUTORY INFORMATION

Quba Services 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.

Tangible fixed assets

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

3.	EMPLOYEE INFORMATION

The average number of employees during the period was NIL (2020 - NIL).

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 December 2020

and 28 November 2021

590

DEPRECIATION

At 1 December 2020

and 28 November 2021

295

NET BOOK VALUE

At 28 November 2021

295

At 30 November 2020

295

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.11.21

30.11.20

£

£

Bank loans and overdrafts

-

159

Trade creditors

-

(1

)

Other creditors

35,053

35,053

35,053

35,211

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank behind other creditors.