REGISTERED NUMBER: |
VIVASH BRAND LLP |
Unaudited Financial Statements for the Year Ended 31 January 2023 |
REGISTERED NUMBER: |
VIVASH BRAND LLP |
Unaudited Financial Statements for the Year Ended 31 January 2023 |
VIVASH BRAND LLP (REGISTERED NUMBER: OC394883) |
Contents of the Financial Statements |
for the year ended 31 January 2023 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
VIVASH BRAND LLP |
General Information |
for the year ended 31 January 2023 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Nightingale House |
46-48 East Street |
Epsom |
Surrey |
KT17 1HQ |
VIVASH BRAND LLP (REGISTERED NUMBER: OC394883) |
Balance Sheet |
31 January 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 7 |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
82,015 |
34,720 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
9 |
82,015 |
34,720 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 9 | 82,015 | 34,720 |
Amounts due from members | 5 | - | (23,409 | ) |
82,015 | 11,311 |
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. |
VIVASH BRAND LLP (REGISTERED NUMBER: OC394883) |
Balance Sheet - continued |
31 January 2023 |
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 |
VIVASH BRAND LLP (REGISTERED NUMBER: OC394883) |
Notes to the Financial Statements |
for the year ended 31 January 2023 |
1. | STATUTORY INFORMATION |
Vivash Brand LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page. |
2. | ACCOUNTING POLICIES |
BASIS OF PREPARING THE FINANCIAL STATEMENTS |
The financial statements are presented in Sterling which is the functional currency of the LLP. |
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 |
Plant and machinery etc | - |
HIRE PURCHASE AND LEASING COMMITMENTS |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS |
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the year was |
VIVASH BRAND LLP (REGISTERED NUMBER: OC394883) |
Notes to the Financial Statements - continued |
for the year ended 31 January 2023 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 February 2022 |
Additions |
At 31 January 2023 |
DEPRECIATION |
At 1 February 2022 |
Charge for year |
At 31 January 2023 |
NET BOOK VALUE |
At 31 January 2023 |
At 31 January 2022 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans |
VIVASH BRAND LLP (REGISTERED NUMBER: OC394883) |
Notes to the Financial Statements - continued |
for the year ended 31 January 2023 |
8. | SECURED DEBTS |
The following secured debts are included within creditors: |
2023 | 2022 |
£ | £ |
Bank overdraft |
Bank loans and overdrafts are secured by fixed and floating charges over all the assets of the LLP. |
9. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
Capital loans and other debts due to members rank behind creditors, in accordance with the members' agreement. |