1040 Tax LLP

1040 Tax LLP

1040 TAX LLP - Company Information

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1 January 2022 false No description of principal activity Taxfiler 2023.11.1 OC417330business:LimitedLiabilityPartnershipLLP2022-01-012022-12-31 OC4173302021-12-31 OC4173302022-01-012022-12-31 OC417330business:AuditExempt-NoAccountantsReport2022-01-012022-12-31 OC417330business:FullAccounts2022-01-012022-12-31 OC4173302022-12-31 OC4173302021-12-31 OC417330core:AfterOneYear2022-12-31 OC417330core:AfterOneYear2021-12-31 OC417330core:RetainedEarningsAccumulatedLosses2022-12-31 OC417330core:RetainedEarningsAccumulatedLosses2021-12-31 OC417330business:SmallEntities2022-01-012022-12-31 OC417330business:PartnerLLP12022-01-012022-12-31 OC417330countries:EnglandWales2022-01-012022-12-31 OC417330business:RegisteredOffice2022-01-012022-12-31 OC4173302021-01-012021-12-31 iso4217:GBP xbrli:pure
Registered No. OC417330 (England and Wales)
1040 Tax LLP Unaudited accounts for the year ended 31 December 2022
1040 Tax LLP Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Current assets
Debtors
- 
427,848 
Cash at bank and in hand
61,917 
41,917 
61,917 
469,765 
Net current assets
61,917 
469,765 
Total assets less current liabilities
61,917 
469,765 
Creditors: amounts falling due after more than one year
3
(38,225)
(469,498)
Net assets attributable to members
23,692 
267 
Represented by:
Loans and other debts due to members
4
72,117 
60,692 
Members' other interests
Other reserves
(48,425)
(60,425)
23,692 
267 
Total members' interests
Loans and other debts due to members
72,117 
60,692 
Members' other interests
(48,425)
(60,425)
23,692 
267 
For the year ending 31 December 2022 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 29 January 2024.
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 2022
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
2022 
2021 
£ 
£ 
Bank loans
38,225 
48,225 
Amounts owed to group undertakings and other participating interests
- 
421,273 
38,225 
469,498 
4
Loans and other debts due to members
2022 
2021 
£ 
£ 
Loans from members
60,692 
60,692 
Amounts due to members in respect of profits
11,425 
- 
72,117 
60,692 
Amounts falling due within one year
72,117 
60,692 
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 (2021: 0).
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