1040 Tax LLP

1040 Tax LLP

1040 TAX LLP - Company Information

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1 January 2020 false No description of principal activity Taxfiler 2021.20 OC417330business:LimitedLiabilityPartnershipLLP2020-01-012020-12-31 OC4173302019-12-31 OC4173302020-01-012020-12-31 OC417330business:AuditExempt-NoAccountantsReport2020-01-012020-12-31 OC417330business:FullAccounts2020-01-012020-12-31 OC4173302020-12-31 OC417330business:PartnerLLP12020-01-012020-12-31 OC417330business:PartnerLLP22020-01-012020-12-31 OC417330business:RegisteredOffice2020-01-012020-12-31 OC417330core:AfterOneYear2020-12-31 OC417330business:SmallEntities2020-01-012020-12-31 OC417330countries:EnglandWales2020-01-012020-12-31 iso4217:GBP xbrli:pure
Registered No. OC417330 (England and Wales)
1040 Tax LLP Unaudited accounts for the year ended 31 December 2020
1040 Tax LLP LLP Information for the year ended 31 December 2020
Designated members
Mr Andrew Walters
Mrs Chana Walters
Registered Number
OC417330 (England and Wales)
Registered Office
FAIRWAYS HOUSE, GEORGE STREET PRESTWICH LANCASHIRE ENGLAND
Accountants
1040 Tax Solutions Fairways House George Street Prestwich Manchester M25 9WS
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1040 Tax LLP Statement of financial position as at 31 December 2020
2020 
Notes
£ 
Current assets
Debtors
208,748 
Cash at bank and in hand
41,692 
250,440 
Net current assets
250,440 
Total assets less current liabilities
250,440 
Creditors: amounts falling due after more than one year
3
(191,748)
Net assets attributable to members
58,692 
Represented by:
Loans and other debts due to members
4
58,692 
58,692 
Total members' interests
Loans and other debts due to members
58,692 
58,692 
For the year ending 31 December 2020 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 28 December 2021.
Mr Andrew Walters Designated member Limited Liability Partnership Registration No. OC417330
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1040 Tax LLP Notes to the Accounts for the year ended 31 December 2020
1
Accounting policies
Presentation currency
The accounts are presented in £ sterling.
2
Statutory information
1040 Tax LLP is a limited liability partnership, incorporated in England and Wales, registration number OC417330. Its registered office is FAIRWAYS HOUSE, GEORGE STREET, PRESTWICH, LANCASHIRE, ENGLAND.
3
Creditors: amounts falling due after more than one year
2020 
£ 
Bank loans
50,000 
Amounts owed to group undertakings and other participating interests
141,748 
191,748 
4
Loans and other debts due to members
2020 
£ 
Loans from members
58,692 
Amounts falling due within one year
58,692 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
5
Average number of employees
During the year the average number of employees was 0.
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