M&DH Executive Chauffeurs LLP - LLP accounts 23.2
M&DH Executive Chauffeurs LLP - LLP accounts 23.2
| REGISTERED NUMBER: |
| Report of the Members and |
| Financial Statements |
| for the Year Ended 31 December 2022 |
| for |
| M&DH EXECUTIVE CHAUFFEURS LLP |
| M&DH EXECUTIVE CHAUFFEURS LLP (REGISTERED NUMBER: OC392213) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2022 |
| Page |
| General Information | 1 |
| Report of the Members | 2 |
| Income Statement | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 6 |
| M&DH EXECUTIVE CHAUFFEURS LLP |
| General Information |
| for the Year Ended 31 December 2022 |
| DESIGNATED MEMBERS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 42 Lytton Road |
| Barnet |
| Hertfordshire |
| EN5 5BY |
| M&DH EXECUTIVE CHAUFFEURS LLP (REGISTERED NUMBER: OC392213) |
| Report of the Members |
| for the Year Ended 31 December 2022 |
| The members present their report with the financial statements of the LLP for the year ended 31 December 2022. |
| PRINCIPAL ACTIVITY |
| The principal activity of the LLP in the year under review was that of provision of executive chauffeured vehicles |
| DESIGNATED MEMBERS |
| The designated members during the year under review were: |
| RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS |
| The loss for the year before members' remuneration and profit shares was £158,800 (2021 - £12,732 profit). |
| MEMBERS' INTERESTS |
| ON BEHALF OF THE MEMBERS: |
| M&DH EXECUTIVE CHAUFFEURS LLP (REGISTERED NUMBER: OC392213) |
| Income Statement |
| for the Year Ended 31 December 2022 |
| 31.12.22 | 31.12.21 |
| Notes | £ | £ |
| TURNOVER |
| Cost of sales |
| GROSS (LOSS)/PROFIT | ( |
) |
| Administrative expenses |
| OPERATING (LOSS)/PROFIT | 4 | ( |
) |
| Interest payable and similar expenses |
| (LOSS)/PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS |
( |
) |
| M&DH EXECUTIVE CHAUFFEURS LLP (REGISTERED NUMBER: OC392213) |
| Balance Sheet |
| 31 December 2022 |
| 31.12.22 | 31.12.21 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 8 |
| NET LIABILITIES ATTRIBUTABLE TO MEMBERS |
- |
- |
| LOANS AND OTHER DEBTS DUE TO MEMBERS |
- |
- |
| TOTAL MEMBERS' INTERESTS |
| Amounts due from members | 6 | (204,139 | ) | (45,339 | ) |
| 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. |
| M&DH EXECUTIVE CHAUFFEURS LLP (REGISTERED NUMBER: OC392213) |
| Balance Sheet - continued |
| 31 December 2022 |
| The financial statements were approved by the members of the LLP and authorised for issue on |
| M&DH EXECUTIVE CHAUFFEURS LLP (REGISTERED NUMBER: OC392213) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2022 |
| 1. | STATUTORY INFORMATION |
| M&DH Executive Chauffeurs 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 |
| Related party exemption |
| The LLP has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
| 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 |
| Motor vehicles | - |
| 3. | EMPLOYEE INFORMATION |
| The average number of employees during the year was |
| 4. | OPERATING (LOSS)/PROFIT |
| The operating loss (2021 - operating profit) is stated after charging: |
| 31.12.22 | 31.12.21 |
| £ | £ |
| Depreciation - owned assets |
| M&DH EXECUTIVE CHAUFFEURS LLP (REGISTERED NUMBER: OC392213) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2022 |
| 5. | TANGIBLE FIXED ASSETS |
| Motor |
| vehicles |
| £ |
| COST |
| At 1 January 2022 |
| Additions |
| Disposals | ( |
) |
| At 31 December 2022 |
| DEPRECIATION |
| At 1 January 2022 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 December 2022 |
| NET BOOK VALUE |
| At 31 December 2022 |
| At 31 December 2021 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.22 | 31.12.21 |
| £ | £ |
| Trade debtors |
| Amounts due from members | 204,139 | 45,339 |
| Prepayments and accrued income |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.22 | 31.12.21 |
| £ | £ |
| Loans |
| Hire purchase contracts |
| Trade creditors |
| Amounts owed to group undertakings |
| VAT | 4,851 | 5,236 |
| Other creditors |
| Accruals and deferred income |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.12.22 | 31.12.21 |
| £ | £ |
| Loans | - | 11,308 |
| Other loans - 2-5 years |
| Hire purchase contracts |