Registered No. OC301461 (England and Wales)
McGinn Building Contractors LLP
Unaudited accounts
for the year ended 28 February 2022
McGinn Building Contractors LLP
LLP Information
for the year ended 28 February 2022
Designated members
Mrs Margaret McGinn
Registered Number
OC301461 (England and Wales)
Registered Office
128 Tinsley Lane
Three Bridges
West Sussex
RH10 8AT
Accountants
Ogilvie & Co Chartered Certified Accountants
20 Victoria Street
Brighton
East Sussex
BN1 3FP
McGinn Building Contractors LLP
Statement of financial position
as at
28 February 2022
Tangible assets
1,535
2,047
Cash at bank and in hand
1,669
3,928
Creditors: amounts falling due within one year
(750)
(961)
Net current assets
1,349
3,283
Net assets attributable to members
2,884
5,330
Members' capital classified as equity
250,002
250,002
Other reserves
(247,118)
(244,672)
Members' other interests
2,884
5,330
For the year ending 28 February 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 25 September 2022.
Mr Terence McGinn
Designated member
Limited Liability Partnership Registration No. OC301461
McGinn Building Contractors LLP
Notes to the Accounts
for the year ended 28 February 2022
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance basis
McGinn Building Contractors LLP is a limited liability partnership, incorporated in England and Wales, registration number OC301461. Its registered office is 128 Tinsley Lane, Three Bridges, West Sussex, RH10 8AT.
3
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2021
4,287
3,687
7,974
At 28 February 2022
4,287
3,687
7,974
At 1 March 2021
2,344
3,583
5,927
Charge for the year
486
26
512
At 28 February 2022
2,830
3,609
6,439
At 28 February 2022
1,457
78
1,535
At 28 February 2021
1,943
104
2,047
4
Creditors: amounts falling due within one year
2022
2021
Taxes and social security costs
-
86
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
McGinn Building Contractors LLP
Notes to the Accounts
for the year ended 28 February 2022
6
Average number of employees
During the year the average number of employees was 0 (2021: 0).