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REGISTERED NUMBER: SO305348 (Scotland)















Financial Statements For The Year Ended 31 May 2023

for

CSND LLP

CSND LLP (Registered number: SO305348)






Contents of the Financial Statements
For The Year Ended 31 May 2023




Page

General Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


CSND LLP

General Information
For The Year Ended 31 May 2023







DESIGNATED MEMBERS: Miss S Di Ciacca
Mrs C Di Ciacca
Miss N Di Ciacca





REGISTERED OFFICE: c/o Robb Ferguson
Regent Court
70 West Regent Street
GLASGOW
G2 2QZ





REGISTERED NUMBER: SO305348 (Scotland)





ACCOUNTANTS: Robb Ferguson Chartered Accountants
Regent Court
70 West Regent Street
Glasgow
G2 2QZ

CSND LLP (Registered number: SO305348)

Abridged Statement of Financial Position
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 90,000 90,000

CURRENT ASSETS
Debtors 108,046 108,250
Cash at bank 22,555 7,690
130,601 115,940
CREDITORS
Amounts falling due within one year 17,690 18,290
NET CURRENT ASSETS 112,911 97,650
TOTAL ASSETS LESS CURRENT
LIABILITIES

202,911

187,650

CREDITORS
Amounts falling due after more than one
year

21,558

31,285
NET ASSETS ATTRIBUTABLE TO
MEMBERS

181,353

156,365

LOANS AND OTHER DEBTS DUE TO
MEMBERS

5

181,353

156,365

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 5 181,353 156,365

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 May 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.

CSND LLP (Registered number: SO305348)

Abridged Statement of Financial Position - continued
31 May 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

All the members have consented to the preparation of an abridged Statement of Comprehensive Income and an abridged Statement of Financial Position for the year ended 31 May 2023 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 23 February 2024 and were signed by:





Mrs C Di Ciacca - Designated member

CSND LLP (Registered number: SO305348)

Notes to the Financial Statements
For The Year Ended 31 May 2023

1. STATUTORY INFORMATION

CSND LLP is registered in Scotland. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover represents rental income from the rent of domestic and commercial properties and is recognised to the extent that there is a right to the consideration and is recorded at the value of the consideration due. Where payments are received from customers in advance, the amounts are recorded as deferred income and included as part of creditors due within one year.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2022 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2022
and 31 May 2023 90,000
NET BOOK VALUE
At 31 May 2023 90,000
At 31 May 2022 90,000

5. LOANS AND OTHER DEBTS DUE TO MEMBERS

In the case of an insolvent winding up the members will rank 'pari passu' with other unsecured creditors of the LLP.

6. RELATED PARTIES

Included within other debtors is an amount of £108,046 (2022:£108,046) due from Lesuretec Limited, a
company with common management. This loan is unsecured, interest free and repayable on demand.