SIPHTH Holdings LLP Filleted Accounts Cover |
Registered No. OC441043 | |||||||||
SIPHTH Holdings LLP Balance Sheet Registrar |
at | ||||||||||
Registered No. | Notes | 2023 | ||||||||
£ | ||||||||||
Creditors: Amounts falling due within one year | 4 | (2,400) | ||||||||
Net current liabilities | (2,400) | |||||||||
Total assets less current liabilities | (2,400) | |||||||||
Net liabilities attributable to members | (2,400) | |||||||||
Represented by: | ||||||||||
Members' other interests | ||||||||||
Other reserves | (2,400) | |||||||||
(2,400) | ||||||||||
(2,400) | ||||||||||
As permitted by section 444 (5A)of the Companies Act 2006 the members have not delivered to the Registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the members on 14 November 2023 and signed on its behalf by: | ||||||||||
S. Tuke | ||||||||||
Designated member | ||||||||||
14 November 2023 |
SIPHTH Holdings LLP Notes to the Accounts Registrar |
for the period ended 28 February 2023 | ||||||||||||||||
1 | General information | |||||||||||||||
SIPHTH Holdings LLP is a limited liability partnership and incorporated in England and Wales. | ||||||||||||||||
Its registered number is: OC441043 | ||||||||||||||||
Its registered office is: | ||||||||||||||||
2 | Accounting policies |
Members' remuneration and division of profits | ||||||||||||||||
Remuneration is paid to certain members under a contract of employment and is included as an expense in the profit and loss account. In addition, the LLP agreement provides that fixed amounts, determined for each member each year, be paid to members, irrespective of the profits of the LLP. These amounts are included within members' remuneration charged as an expense. Profits are treated as being available for discretionary division only if the the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Once agreement has been reached to divide the profits, a members' share in the profit or loss for the year is accounted for as an allocation of profits. Unallocated profits and losses remain included within 'other reserves'. | ||||||||||||||||
Trade and other creditors | ||||||||||||||||
Provisions | ||||||||||||||||
Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the balance sheet. | ||||||||||||||||
Members' Interests | ||||||||||||||||
Members' interests are classified as either equity or debt. Equity interests comprise any capital introduced classified as equity, any unallocated profits, any revaluation reserve and any other reserves. Loans and other debts due to members comprise any capital introduced but classified as a liability, any loans from members, amounts due to members in respect of allocated profits less drawings and any other amounts that the LLP is contractually obliged to repay to members. | ||||||||||||||||
Taxation | ||||||||||||||||
3 | Employees | |||||||||||||||
2023 | ||||||||||||||||
Number | Number | |||||||||||||||
The average number of persons employed during the period was: | ||||||||||||||||
4 | Creditors: | |||||||||||||||
amounts falling due within one year | ||||||||||||||||
2023 | ||||||||||||||||
£ | £ | |||||||||||||||
Accruals and deferred income | ||||||||||||||||