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REGISTERED NUMBER: OC394146 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

FUN CUSHIONS LLP

FUN CUSHIONS LLP (REGISTERED NUMBER: OC394146)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FUN CUSHIONS LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DESIGNATED MEMBERS: P A Weatherby
Mrs N Weatherby





REGISTERED OFFICE: Sterling House
27 Hatchlands Road
Redhill
Surrey
RH1 6RW





REGISTERED NUMBER: OC394146 (England and Wales)





ACCOUNTANTS: GBJ Financial Limited
Sterling House
27 Hatchlands Road
Redhill
Surrey
RH1 6RW

FUN CUSHIONS LLP (REGISTERED NUMBER: OC394146)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible assets 3 1,160 2,345
Tangible assets 4 6,348 10,275
7,508 12,620

CURRENT ASSETS
Stocks 1,600 2,200

CREDITORS
Amounts falling due within one year 5 479 480
NET CURRENT ASSETS 1,121 1,720
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

8,629

14,340

LOANS AND OTHER DEBTS DUE TO
MEMBERS

6

8,629

14,340

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 8,629 14,340

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 July 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.

FUN CUSHIONS LLP (REGISTERED NUMBER: OC394146)

BALANCE SHEET - continued
31 JULY 2023


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 8 April 2024 and were signed by:





P A Weatherby - Designated member

FUN CUSHIONS LLP (REGISTERED NUMBER: OC394146)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023


1. 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 amounts receivable for the manufacture of cushions.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & Machinery:- 10% straight line

Taxation
The taxation payable on the LLP's profits is a personal liability of the members during the year.

2. EMPLOYEE INFORMATION

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

3. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 August 2022
and 31 July 2023 11,825
AMORTISATION
At 1 August 2022 9,480
Charge for year 1,185
At 31 July 2023 10,665
NET BOOK VALUE
At 31 July 2023 1,160
At 31 July 2022 2,345

FUN CUSHIONS LLP (REGISTERED NUMBER: OC394146)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 August 2022
and 31 July 2023 39,264
DEPRECIATION
At 1 August 2022 28,989
Charge for year 3,927
At 31 July 2023 32,916
NET BOOK VALUE
At 31 July 2023 6,348
At 31 July 2022 10,275

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Other creditors 479 480

6. LOANS AND OTHER DEBTS DUE TO MEMBERS
2023 2022
£ £
Amounts owed to members in respect of profits 8,629 14,340

Falling due within one year 8,629 14,340

In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.