1 March 2022 false No description of principal activity Taxfiler 2023.10.1 OC430524business:LimitedLiabilityPartnershipLLP2022-03-012023-02-28 OC4305242022-02-28 OC4305242022-03-012023-02-28 OC430524business:AuditExemptWithAccountantsReport2022-03-012023-02-28 OC430524business:FullAccounts2022-03-012023-02-28 OC4305242023-02-28 OC430524business:PartnerLLP12022-03-012023-02-28 OC430524business:PartnerLLP22022-03-012023-02-28 OC430524business:RegisteredOffice2022-03-012023-02-28 OC4305242022-02-28 OC430524core:WithinOneYear2023-02-28 OC430524core:WithinOneYear2022-02-28 OC430524core:ShareCapital2023-02-28 OC430524core:ShareCapital2022-02-28 OC430524core:RetainedEarningsAccumulatedLosses2023-02-28 OC430524core:RetainedEarningsAccumulatedLosses2022-02-28 OC430524business:SmallEntities2022-03-012023-02-28 OC430524countries:EnglandWales2022-03-012023-02-28 OC430524core:IntangibleAssetsOtherThanGoodwill2022-02-28 OC430524core:IntangibleAssetsOtherThanGoodwill2023-02-28 OC430524core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-28 OC4305242021-03-012022-02-28 iso4217:GBP xbrli:pure
Registered No. OC430524 (England and Wales)
Inovo Ecommerce LLP Unaudited accounts for the year ended 28 February 2023
Inovo Ecommerce LLP LLP Information for the year ended 28 February 2023
Designated members
Mr Jack Martin
Mr Tom Violet
Registered Number
OC430524 (England and Wales)
Registered Office
40Drivers Mead Lingfield Surrey RH7 6EU England
Accountants
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN
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Inovo Ecommerce LLP Accountants' report
Accountants' report to the members of Inovo Ecommerce LLP on the preparation of the unaudited statutory financial statements for the year ended 28 February 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Inovo Ecommerce LLP for the year ended 28 February 2023 as set out on pages 4 - 5 from the LLP's accounting records and from information and explanations you have given us.
This report is made solely to the members of Inovo Ecommerce LLP, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Inovo Ecommerce LLP and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Inovo Ecommerce LLP and its members as a body for our work or for this report.
It is your duty to ensure that Inovo Ecommerce LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Inovo Ecommerce LLP. You consider that Inovo Ecommerce LLP is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Inovo Ecommerce LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN 23 November 2023
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Inovo Ecommerce LLP Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
86 
115 
Current assets
Debtors
695 
645 
Cash at bank and in hand
2,012 
2,366 
2,707 
3,011 
Creditors: amounts falling due within one year
(465)
(466)
Net current assets
2,242 
2,545 
Net assets attributable to members
2,328 
2,660 
Represented by:
Members' other interests
Members' capital classified as equity
(13,917)
1,825 
Other reserves
16,245 
835 
2,328 
2,660 
2,328 
2,660 
Total members' interests
Members' other interests
2,328 
2,660 
2,328 
2,660 
For the year ending 28 February 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 23 November 2023.
Mr Jack Martin Designated member Limited Liability Partnership Registration No. OC430524
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Inovo Ecommerce LLP Notes to the Accounts for the year ended 28 February 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.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
2
Statutory information
Inovo Ecommerce LLP is a limited liability partnership, incorporated in England and Wales, registration number OC430524. Its registered office is 40Drivers Mead, Lingfield, Surrey, RH7 6EU, England.
3
Intangible fixed assets
Other 
£ 
Cost
At 1 March 2022
170 
At 28 February 2023
170 
Amortisation
At 1 March 2022
55 
Charge for the year
29 
At 28 February 2023
84 
Net book value
At 28 February 2023
86 
At 28 February 2022
115 
4
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Accruals
465 
466 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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