Registered No. OC444291 (England and Wales)
HI5 MANAGEMENT LLP
Unaudited accounts
for the period from 17 October 2022 to 31 October 2023
HI5 MANAGEMENT LLP
LLP Information
for the period from 17 October 2022 to 31 October 2023
Designated members
Andriy Kryvorchuk
Registered Number
OC444291 (England and Wales)
Registered Office
61 Bridge Street
Kington
Herefordshire
HR5 3DJ
United Kingdom
HI5 MANAGEMENT LLP
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
771
Net assets attributable to members
771
Members' other interests
771
For the period ending 31 October 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 25 January 2024.
Andriy Kryvorchuk
Designated member
Limited Liability Partnership Registration No. OC444291
HI5 MANAGEMENT LLP
Notes to the Accounts
for the period from 17 October 2022 to 31 October 2023
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.
The accounts are presented in £ sterling.
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Profits are treated as being available for discretionary division only if 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. Profits are otherwise automatically divided
and included under Members' remuneration charged as an expense in the profit and loss account.
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.
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.
HI5 MANAGEMENT LLP is a limited liability partnership, incorporated in England and Wales, registration number OC444291. Its registered office is 61 Bridge Street, Kington, Herefordshire, HR5 3DJ, United Kingdom.
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
4
Average number of employees
During the period the average number of employees was 0.