Registered number
OC442407
KAN LEGAL & BUSINESS CONSULTANCY LLP
Filleted Accounts
31 March 2023
KAN LEGAL & BUSINESS CONSULTANCY LLP
Registered number: OC442407
Balance Sheet
as at 31 March 2023
Notes 2023
£
Current assets
Debtors 3 -
Cash at bank and in hand 3,364
3,364
Creditors: amounts falling due within one year 4 (70)
Net current assets 3,294
Total assets less current liabilities 3,294
Net assets attributable to members 3,294
Represented by:
Loans and other debts due to members 3,000
Members' other interests
Other reserves 294
3,294
Total members' interests
Members' other interests 294
3,294
For the period ended 31 March 2023 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to 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.
The 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.
These accounts were approved by the members on 5 October 2023 and signed on their behalf by:
Mr Okan Gezgen
Designated member
KAN LEGAL & BUSINESS CONSULTANCY LLP
Notes to the Accounts
for the period from 24 May 2022 to 31 March 2023
1 Accounting policies
Basis of preparation
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
2 Employees 2023
Number
Average number of persons employed by the LLP 0
3 Debtors 2023
£
Trade debtors -
4 Creditors: amounts falling due within one year 2023
£
Other creditors 70
5 Other information
KAN LEGAL & BUSINESS CONSULTANCY LLP is a limited liability partnership incorporated in England. Its registered office is:
30c Great Sutton Street
London
EC1V 0DU
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