REGISTERED NUMBER: OC407403 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

BELIMINAL LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Dmzen Ltd

Exploring Agility Limited

The Agile Mindset Ltd

Capagility Consulting Limited

Be Agile Ltd

Kablean Coyde Limited

REGISTERED OFFICE:

106 China Works

Black Prince Road

Vauxhall

London

SE1 7SJ

REGISTERED NUMBER:

OC407403 (England and Wales)

ACCOUNTANTS:

THP Limited

Chartered Accountants

Unit 4 Mulgrave Chambers

26-28 Mulgrave Road

Sutton

Surrey

SM2 6LE

FIXED ASSETS

Tangible assets

4

391

1,002

CURRENT ASSETS

Debtors

5

203,746

139,818

Cash at bank

189,722

429,019

393,468

568,837

CREDITORS

Amounts falling due within one year

6

261,273

363,538

NET CURRENT ASSETS

132,195

205,299

TOTAL ASSETS LESS CURRENT LIABILITIES

132,586

206,301

CREDITORS

Amounts falling due after more than one year

7

30,746

48,169

NET ASSETS ATTRIBUTABLE TO MEMBERS

101,840

158,132

LOANS AND OTHER DEBTS DUE TO MEMBERS

10

89,840

146,132

MEMBERS' OTHER INTERESTS

Capital accounts

12,000

12,000

101,840

158,132

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

10

89,840

146,132

Members' other interests

12,000

12,000

101,840

158,132

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 31 March 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 2 October 2023 and were signed by:

Kablean Coyde Limited - Designated member

1.	STATUTORY INFORMATION

Beliminal 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.

Going concern

The financial statements are prepared on the going concern basis, which assumes the ability of the LLP to continue its activities for the foreseeable future, being a period of not less than twelve months from the approval of these accounts.

The members, having considered all the information available, are confident that the LLP has adequate reserves and resources to continue its operational activities for the foreseeable future.

Accordingly, the members are satisfied that the going concern basis continues to be appropriate for the preparation of the annual financial statements.

Revenue recognition

Revenue is measured at the fair value of the consideration received or receivable and represents net invoiced services, excluding value added tax.

Revenue is recognised in the accounting period in which the services were rendered.

Government Grants

Government grants are accounted for using the accruals basis.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on cost

Assets are depreciated from the month of acquisition.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2022

and 31 March 2023

1,881

561

2,442

DEPRECIATION

At 1 April 2022

1,054

386

1,440

Charge for year

471

140

611

At 31 March 2023

1,525

526

2,051

NET BOOK VALUE

At 31 March 2023

356

35

391

At 31 March 2022

827

175

1,002

5.

DEBTORS

2023

2022

£

£

Amounts falling due within one year:

Trade debtors

177,211

123,257

Other debtors

4,749

-

Prepayments and accrued income

21,786

11,812

203,746

135,069

Amounts falling due after more than one year:

Other debtors

-

4,749

Aggregate amounts

203,746

139,818

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Bank loans (see note 8)

9,747

9,507

Trade creditors

154,344

129,256

VAT

16,270

9,671

Other creditors

7,676

15,351

Accruals and deferred income

73,236

199,753

261,273

363,538

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2023

2022

£

£

Bank loans (see note 8)

30,746

40,493

Other creditors

-

7,676

30,746

48,169

8.

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

9,747

9,507

2023

2022

£

£

Amounts falling due between one and two years:

Bank loans - 1-2 years

9,994

9,747

Amounts falling due between two and five years:

Bank loans - 2-5 years

20,752

30,746

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2023

2022

£

£

Within one year

9,239

15,400

Between one and five years

-

9,239

9,239

24,639

10.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with other creditors in a winding up.