1 April 2022 false No description of principal activity Taxfiler 2023.10.1 OC385592business:LimitedLiabilityPartnershipLLP2022-04-012023-03-31 OC3855922022-03-31 OC3855922022-04-012023-03-31 OC385592business:AuditExemptWithAccountantsReport2022-04-012023-03-31 OC385592business:FullAccounts2022-04-012023-03-31 OC3855922023-03-31 OC385592business:PartnerLLP12022-04-012023-03-31 OC385592business:PartnerLLP22022-04-012023-03-31 OC385592business:RegisteredOffice2022-04-012023-03-31 OC3855922022-03-31 OC385592core:WithinOneYear2023-03-31 OC385592core:WithinOneYear2022-03-31 OC385592core:ShareCapital2023-03-31 OC385592core:ShareCapital2022-03-31 OC385592business:SmallEntities2022-04-012023-03-31 OC385592countries:EnglandWales2022-04-012023-03-31 OC3855922021-04-012022-03-31 iso4217:GBP xbrli:pure
Registered No. OC385592 (England and Wales)
Crescendo Board Practice LLP Unaudited accounts for the year ended 31 March 2023
Crescendo Board Practice LLP LLP Information for the year ended 31 March 2023
Designated members
Mark Hamilton Pearson
Rachel Elizabeth Pearson
Registered Number
OC385592 (England and Wales)
Registered Office
FLAT 186 DRAKE HOUSE 14 ST. GEORGE'S WHARF LONDON SW8 2LR ENGLAND
Accountants
SA Ledgers Ltd 57 Canbury Park Road Kingston KT2 6LQ
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Crescendo Board Practice LLP Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
36,912 
42,084 
Cash at bank and in hand
31,146 
47,527 
68,058 
89,611 
Creditors: amounts falling due within one year
(50,167)
(63,320)
Net current assets
17,891 
26,291 
Net assets attributable to members
17,891 
26,291 
Represented by:
Loans and other debts due to members
17,791 
26,191 
Members' other interests
Members' capital classified as equity
100 
100 
17,891 
26,291 
Total members' interests
Loans and other debts due to members
17,791 
26,191 
Members' other interests
100 
100 
17,891 
26,291 
For the year ending 31 March 2023 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small 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.
These 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.
Approved by the members on 31 July 2023.
Mark Hamilton Pearson Designated member Limited Liability Partnership Registration No. OC385592
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Crescendo Board Practice LLP Notes to the Accounts for the year ended 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, excluding discounts, rebates, value added tax and other sales taxes. 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.
Members' remuneration
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense. Members' shares in the profit or loss for the year are accounted for as an allocation of profits. Unallocated profits and losses are included within 'other reserves'.
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.
Members' capital
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Presentation currency
The accounts are presented in £ sterling.
2
Statutory information
Crescendo Board Practice LLP is a limited liability partnership, incorporated in England and Wales, registration number OC385592. Its registered office is FLAT 186 DRAKE HOUSE, 14 ST. GEORGE'S WHARF, LONDON, SW8 2LR, ENGLAND.
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Crescendo Board Practice LLP Notes to the Accounts for the year ended 31 March 2023
3
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
127 
- 
Taxes and social security costs
8,994 
16,594 
Other creditors
- 
663 
Deferred income
41,046 
46,063 
50,167 
63,320 
4
Loans and other debts due to members
2023 
2022 
£ 
£ 
Amounts due to members in respect of profits
17,791 
26,191 
Amounts falling due within one year
17,791 
26,191 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
5
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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