Company No:
Contents
DESIGNATED MEMBERS | Cunningham Holdings Limited |
Owlstone Portfolio Ltd |
REGISTERED OFFICE | Rockylls Hall |
Shelland | |
Stowmarket | |
IP14 3JF | |
England | |
United Kingdom |
REGISTERED NUMBER | OC423565 (England and Wales) |
CHARTERED ACCOUNTANTS | Gascoynes |
Gascoyne House | |
Moseleys Farm Business Centre | |
Fornham All Saints | |
Bury St Edmunds | |
Suffolk | |
IP28 6JY |
Note | 2023 | 2022 | ||
£ | £ | |||
Fixed assets | ||||
Tangible assets | 3 |
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78 | 92 | |||
Current assets | ||||
Stocks | 4 |
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Cash at bank and in hand |
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5,381 | 1,960,623 | |||
Creditors: amounts falling due within one year | 5 | (
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Net current assets | 4,479 | 1,393,329 | ||
Total assets less current liabilities | 4,557 | 1,393,421 | ||
Net assets attributable to members |
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Represented by | ||||
Loans and other debts due to members within one year | ||||
Other amounts | 4,557 | 1,393,421 | ||
4,557 | 1,393,421 | |||
Members' other interests | ||||
0 | 0 | |||
4,557 | 1,393,421 | |||
Total members' interests | ||||
Loans and other debts due to members | 4,557 | 1,393,421 | ||
4,557 | 1,393,421 |
Members' responsibilities:
The financial statements of Cunningham Owlstone LLP (registered number:
Cunningham Holdings Limited
Designated member |
EQUITY Members' other interests |
DEBT Loans and other debts due to members less any amounts due from members in debtors |
Total members' interests | |
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Other reserves | Other amounts | Total | |
£ | £ | £ | |
Amounts due to members | 1,118,659 | ||
Balance at 01 August 2021 | 1,616 | 1,118,659 | 1,120,275 |
Profit for the financial year available for discretionary division among members | 792,433 | 0 | 792,433 |
Members' interest after profit for the financial year | 794,049 | 1,118,659 | 1,912,708 |
Division of profit | (794,049) | 794,049 | 0 |
Drawings | 0 | (520,287) | (520,287) |
Introduced by members | 0 | 1,000 | 1,000 |
Amounts due to members | 1,393,421 | ||
Balance at 31 July 2022 | 0 | 1,393,421 | 1,393,421 |
Profit for the financial year available for discretionary division among members | 289,761 | 0 | 289,761 |
Members' interest after profit for the financial year | 289,761 | 1,393,421 | 1,683,182 |
Division of profit | (289,761) | 289,761 | 0 |
Drawings | 0 | (1,678,625) | (1,678,625) |
Amounts due to members | 4,557 | ||
Balance at 31 July 2023 | 0 | 4,557 | 4,557 |
There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Cunningham Owlstone LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales. The address of the LLP's registered office is Rockylls Hall, Shelland, Stowmarket, IP14 3JF, England, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Limited Liability Partnerships Act 2000 as applicable to companies subject to the small companies regime and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships issued in December 2021 (SORP 2022).
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
Plant and machinery etc. |
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The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.
2023 | 2022 | ||
Number | Number | ||
Monthly average number of persons employed by the LLP during the year |
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Plant and machinery etc. | Total | ||
£ | £ | ||
Cost | |||
At 01 August 2022 |
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At 31 July 2023 |
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Accumulated depreciation | |||
At 01 August 2022 |
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Charge for the financial year |
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At 31 July 2023 |
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Net book value | |||
At 31 July 2023 |
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At 31 July 2022 |
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2023 | 2022 | ||
£ | £ | ||
Work in progress |
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2023 | 2022 | ||
£ | £ | ||
Other creditors |
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