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REGISTERED NUMBER: OC394883 (England and Wales)















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: B J Hubert
Ms J A McCaulay





REGISTERED OFFICE: Nonsuch House
538-542 London Road
North Cheam
Surrey
SM3 9AA





REGISTERED NUMBER: OC394883 (England and Wales)





ACCOUNTANTS: Tudor John Limited
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 9,027 6,564

CURRENT ASSETS
Debtors 5 166,046 251,146
Cash at bank and in hand 77,991 702
244,037 251,848
CREDITORS
Amounts falling due within one year 6 147,716 190,359
NET CURRENT ASSETS 96,321 61,489
TOTAL ASSETS LESS CURRENT
LIABILITIES

105,348

68,053

CREDITORS
Amounts falling due after more than one year 7 23,333 33,333
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 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 January 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.

VIVASH BRAND LLP (REGISTERED NUMBER: OC394883)

Balance Sheet - continued
31 January 2023


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 5 October 2023 and were signed by:





Ms J A McCaulay - Designated member

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
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.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost, 20% on reducing balance and 10% on reducing balance

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 14 (2022 - 13 ) .

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 15,749
Additions 4,030
At 31 January 2023 19,779
DEPRECIATION
At 1 February 2022 9,185
Charge for year 1,567
At 31 January 2023 10,752
NET BOOK VALUE
At 31 January 2023 9,027
At 31 January 2022 6,564

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 114,296 176,404
Other debtors 51,750 74,742
166,046 251,146

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 30,144
Trade creditors 6,239 6,450
Taxation and social security 52,702 65,990
Other creditors 78,775 87,775
147,716 190,359

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 23,333 33,333

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 - 20,144

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.