Anchorage Bioenergy LLP - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: OC340783 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

ANCHORAGE BIOENERGY LLP

Page

General Information

1

Statement of Comprehensive Income

2

Statement of Financial Position

3

Notes to the Financial Statements

5

DESIGNATED MEMBERS:

Mr D J Bryant

Mrs A M Bryant

REGISTERED OFFICE:

22 Anchorage Way

Eastbourne

East Sussex

BN23 5BE

REGISTERED NUMBER:

OC340783 (England and Wales)

ACCOUNTANTS:

Acuity Professional Partnership LLP

Unit 2.02

High Weald House

Glovers End

Bexhill

East Sussex

TN39 5ES

TURNOVER

-

-

Administrative expenses

630

527

OPERATING LOSS

(630

)

(527

)

Interest payable and similar expenses

248

120

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

(878

)

(647

)

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

(878

)

(647

)

CURRENT ASSETS

Debtors

22,167

24,673

Cash at bank

9,565

9,850

31,732

34,523

CREDITORS

Amounts falling due within one year

4

13,754

13,706

NET CURRENT ASSETS

17,978

20,817

TOTAL ASSETS LESS CURRENT LIABILITIES

17,978

20,817

CREDITORS

Amounts falling due after more than one year

5

8,600

11,000

NET ASSETS ATTRIBUTABLE TO MEMBERS

9,378

9,817

LOANS AND OTHER DEBTS DUE TO MEMBERS

6

9,378

9,817

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

9,378

9,817

Amounts due from members

(22,167

)

(24,673

)

(12,789

)

(14,856

)

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 2023.

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.

The financial statements were approved by the members of the LLP and authorised for issue on 27 November 2023 and were signed by:

Mr D J Bryant - Designated member

1.	STATUTORY INFORMATION

Anchorage Bioenergy 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.

The preparation of financial statements in conformity with FRS 102 section 1A requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies.

ACCOUNTING ESTIMATES AND JUDGEMENTS

In preparing the financial statements, the directors are required to make estimates and judgements about the carrying amounts of assets and liabilities. The estimates and assumptions are reviewed on an ongoing basis and are based on historical experience and other factors that are considered by the directors to be relevant. Revision to accounting estimates are recognised in the period in which the estimate is revised.

FINANCIAL INSTRUMENT

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2022 - NIL).

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

VAT

12,086

12,086

Accrued expenses

1,668

1,620

13,754

13,706

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2023

2022

£

£

Bank loans - 2-5 years

8,600

11,000

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2023

2022

£

£

Amounts owed to members in respect of profits

9,378

9,817

Falling due within one year

9,378

9,817

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.