CZWG Architects LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC320935 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2020 TO 31 MARCH 2021

FOR

CZWG ARCHITECTS LLP

Page

General Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

L T Beltrandi

P W Gough

REGISTERED OFFICE:

2-4 Packhorse Road

Gerrards Cross

Buckinghamshire

SL9 7QE

REGISTERED NUMBER:

OC320935 (England and Wales)

ACCOUNTANTS:

Nunn Hayward LLP

Chartered Accountants

2-4 Packhorse Road

Gerrards Cross

Buckinghamshire

SL9 7QE

FIXED ASSETS

Tangible assets

4

-

95,055

CURRENT ASSETS

Debtors

5

392,807

636,854

Cash at bank and in hand

108,230

885,006

501,037

1,521,860

CREDITORS

Amounts falling due within one year

6

388,282

429,041

NET CURRENT ASSETS

112,755

1,092,819

TOTAL ASSETS LESS CURRENT LIABILITIES

112,755

1,187,874

PROVISIONS FOR LIABILITIES

-

67,894

NET ASSETS ATTRIBUTABLE TO MEMBERS

112,755

1,119,980

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

112,755

61,980

MEMBERS' OTHER INTERESTS

Capital accounts

-

1,058,000

112,755

1,119,980

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

112,755

61,980

Members' other interests

-

1,058,000

112,755

1,119,980

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 31 March 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 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 9 September 2021 and were signed by:

L T Beltrandi - Designated member

1.	STATUTORY INFORMATION

CZWG Architects LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Furniture & equipment

-

25% on cost

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.

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the LLP but are presented separately due their size or incidence. Such costs are treated as exceptional so as to provide a better understanding of the results for the year.

3.	EMPLOYEE INFORMATION

The average number of employees during the period was NIL (2020 - 47 ).

4.	TANGIBLE FIXED ASSETS

Furniture &

equipment

£

COST

At 1 March 2020

380,268

Disposals

(380,268

)

At 31 March 2021

-

DEPRECIATION

At 1 March 2020

285,213

Eliminated on disposal

(285,213

)

At 31 March 2021

-

NET BOOK VALUE

At 31 March 2021

-

At 29 February 2020

95,055

Included within the net book value of £Nil is £Nil (2020: £17,172) relating to assets held under hire purchase agreements.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

-

345,654

Other debtors

392,807

291,200

392,807

636,854

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Hire purchase contracts

3,145

15,725

Trade creditors

1,971

15,739

Taxation and social security

6,546

123,703

Other creditors

376,620

273,874

388,282

429,041

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2021

2020

£

£

Amounts owed to members in respect of profits

112,755

61,980

Falling due within one year

112,755

61,980

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up and do not contain members capital treated as debt. There are no restrictions or limitations on the ability of members to reduce these amounts.

8.	OTHER FINANCIAL COMMITMENTS

As at the year end the company had total financial lease commitments of £Nil (2020: £1,335,725).