Johnson Fellows LLP - Accounts to registrar (filleted) - small 23.2.5
Johnson Fellows LLP - Accounts to registrar (filleted) - small 23.2.5
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 30 April 2023 |
| for |
| Johnson Fellows LLP |
| Johnson Fellows LLP (Registered number: OC327917) |
| Contents of the Financial Statements |
| for the Year Ended 30 April 2023 |
| Page |
| General Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Johnson Fellows LLP |
| General Information |
| for the Year Ended 30 April 2023 |
| DESIGNATED MEMBERS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Sterling House |
| 97 Lichfield Street |
| Tamworth |
| Staffordshire |
| B79 7QF |
| Johnson Fellows LLP (Registered number: OC327917) |
| Balance Sheet |
| 30 April 2023 |
| 2023 | 2022 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 8 |
| NET ASSETS ATTRIBUTABLE TO MEMBERS |
839,507 |
1,106,909 |
| LOANS AND OTHER DEBTS DUE TO MEMBERS |
11 |
839,507 |
1,106,909 |
| TOTAL MEMBERS' INTERESTS |
| Loans and other debts due to members | 11 | 839,507 | 1,106,909 |
| 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. |
| Johnson Fellows LLP (Registered number: OC327917) |
| Balance Sheet - continued |
| 30 April 2023 |
| 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 Income Statement has not been delivered. |
| The financial statements were approved by the members of the LLP and authorised for issue on |
| Johnson Fellows LLP (Registered number: OC327917) |
| Notes to the Financial Statements |
| for the Year Ended 30 April 2023 |
| 1. | STATUTORY INFORMATION |
| Johnson Fellows 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 |
| Turnover |
| Turnover represents net invoiced services, excluding value added tax. Income is recognised upon completion of services contracted to carry out. |
| Tangible fixed assets |
| Computer Equipment | 15% - 33% Straight Line |
| Fixtures, Fittings & Equipment | 15% Straight Line |
| Motor Vehicles | 25% Reducing Balance |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost less any provision for impairment. |
| Stocks |
| Work in progress is valued on the basis of selling price of services provided, not invoiced at the year end. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period. |
| 3. | EMPLOYEE INFORMATION |
| The average number of employees during the year was |
| Johnson Fellows LLP (Registered number: OC327917) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2023 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 May 2022 |
| and 30 April 2023 |
| DEPRECIATION |
| At 1 May 2022 |
| Charge for year |
| At 30 April 2023 |
| NET BOOK VALUE |
| At 30 April 2023 |
| At 30 April 2022 |
| 5. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| At 1 May 2022 |
| and 30 April 2023 |
| PROVISIONS |
| Provision for year | 34,000 |
| At 30 April 2023 | 34,000 |
| NET BOOK VALUE |
| At 30 April 2023 |
| At 30 April 2022 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2023 | 2022 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| Johnson Fellows LLP (Registered number: OC327917) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2023 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2023 | 2022 |
| £ | £ |
| Bank loans and overdrafts (see note 9) |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2023 | 2022 |
| £ | £ |
| Bank loans (see note 9) |
| 9. | LOANS |
| An analysis of the maturity of loans is given below: |
| 2023 | 2022 |
| £ | £ |
| Amounts falling due within one year or on demand: |
| Bank loans - less than 1 yr |
| Amounts falling due between two and five years: |
| Bank loans - 2-5 years |
| The loan due in more than one year has been taken under the coronavirus business interruption loan scheme (CBILS). The government guarantees 80% of the finance to the lender and pays interest and any fees for the first 12 months after which the rate of interest of 2.4% over base will be applied for the duration of the agreed repayment term. |
| 10. | LEASING AGREEMENTS |
| Minimum lease payments under non-cancellable operating leases fall due as follows: |
| 2023 | 2022 |
| £ | £ |
| Within one year |
| 11. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
| In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors. |
| 12. | ULTIMATE CONTROLLING PARTY |
| No single member has control over the LLP. |