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REGISTERED NUMBER: OC386092 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Hem Trading LLP

Hem Trading LLP (Registered number: OC386092)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Hem Trading LLP

General Information
for the Year Ended 30 June 2023







DESIGNATED MEMBERS: M A O'Shea
Mrs E S O'Shea





REGISTERED OFFICE: 51 The Stream
Ditton
Aylesford
Kent
ME20 6AG





REGISTERED NUMBER: OC386092 (England and Wales)





ACCOUNTANTS: Zenon Tax Limited
51 The Stream
Ditton
Aylesford
Kent
ME20 6AG

Hem Trading LLP (Registered number: OC386092)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £   
CURRENT ASSETS
Debtors 4 4,252 3,939
Cash at bank 7,050 4,324
11,302 8,263
CREDITORS
Amounts falling due within one year 5 5,899 8,102
NET CURRENT ASSETS 5,403 161
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO MEMBERS 5,403 161

LOANS AND OTHER DEBTS DUE TO MEMBERS 6 5,403 161

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 5,403 161

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 30 June 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.

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

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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 27 March 2024 and were signed by:





M A O'Shea - Designated member

Hem Trading LLP (Registered number: OC386092)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Hem Trading LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

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.

The LLP relies on the financial support of its members for day to day working capital and the members have indicated this support will continue for the foreseeable future. On this basis, the financial statements have been prepared on a going concern basis and do not include any adjustments which may arise if this support was to be discontinued.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEE INFORMATION

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Other debtors 4,252 3,939

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Taxation and social security 700 700
Other creditors 5,199 7,402
5,899 8,102

6. LOANS AND OTHER DEBTS DUE TO MEMBERS

Amounts due to Members rank behind other creditors.

7. ULTIMATE CONTROLLING PARTY

The LLP is controlled by Mr & Mrs O'Shea.