Costigan King LLP - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: OC438143 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2023

for

Costigan King LLP

Page

General Information

1

Statement of Financial Position

2

Notes to the Financial Statements

5

DESIGNATED MEMBERS:

G H J Critchlow

A E King

REGISTERED OFFICE:

Studio Suite, Quantum House

Red Lion Court

London

EC4A 3EB

REGISTERED NUMBER:

OC438143 (England and Wales)

ACCOUNTANTS:

ah partnership

Chartered Accountants

Stanley House

49 Dartford Road

Sevenoaks

Kent

TN13 3TE

FIXED ASSETS

Tangible assets

4

70,736

-

CURRENT ASSETS

Debtors

5

-

1,154

Cash at bank

5,808

5,602

5,808

6,756

CREDITORS

Amounts falling due within one year

6

19,185

500

NET CURRENT (LIABILITIES)/ASSETS

(13,377

)

6,256

TOTAL ASSETS LESS CURRENT LIABILITIES

57,359

6,256

CREDITORS

Amounts falling due after more than one year

7

48,250

-

NET ASSETS ATTRIBUTABLE TO MEMBERS

9,109

6,256

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

2,853

-

MEMBERS' OTHER INTERESTS

Capital accounts

6,256

6,256

9,109

6,256

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

2,853

-

Members' other interests

6,256

6,256

Amounts due from members

5

-

(958

)

9,109

5,298

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 30 June 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.

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 22 April 2024 and were signed by:

G H J Critchlow - Designated member

A E King - Designated member

1.	STATUTORY INFORMATION

Costigan King 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

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.

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

10% on reducing balance

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

78,596

At 30 June 2023

78,596

DEPRECIATION

Charge for year

7,860

At 30 June 2023

7,860

NET BOOK VALUE

At 30 June 2023

70,736

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade debtors

-

1,154

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Hire purchase contracts

12,319

-

Trade creditors

192

-

Taxation and social security

3,774

-

Other creditors

2,900

500

19,185

500

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2023

2022

£

£

Hire purchase contracts

48,250

-

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank pari-passu with other creditors included within the LLP.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is the Partners.

The ultimate controlling party is the Partners.