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REGISTERED NUMBER: OC333105 (England and Wales)















Unaudited Financial Statements for the Year Ended 25 April 2023

for

The Silk Forest International LLP

The Silk Forest International LLP (Registered number: OC333105)






Contents of the Financial Statements
for the Year Ended 25 April 2023




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

The Silk Forest International LLP

General Information
for the Year Ended 25 April 2023







DESIGNATED MEMBERS: G Aldred
Ms J Robinson





REGISTERED OFFICE: Main Street
Bagworth
Leicestershire
LE67 1DN





REGISTERED NUMBER: OC333105 (England and Wales)





ACCOUNTANTS: M Cubed Chartered Accountants
9 De Montfort Street
Leicester
Leicestershire
LE1 7GE

The Silk Forest International LLP (Registered number: OC333105)

Balance Sheet
25 April 2023

25.4.23 25.4.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 631

CURRENT ASSETS
Debtors 5 - 31
Cash at bank and in hand 73 6,780
73 6,811
CREDITORS
Amounts falling due within one year 6 (37,616 ) (38,318 )
NET CURRENT LIABILITIES (37,543 ) (31,507 )
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET LIABILITIES ATTRIBUTABLE TO
MEMBERS

(37,543

)

(30,876

)

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

(37,543

)

(30,876

)

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 (37,543 ) (30,876 )

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 25 April 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 Silk Forest International LLP (Registered number: OC333105)

Balance Sheet - continued
25 April 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 30 November 2023 and were signed by:




G Aldred - Designated member




Ms J Robinson - Designated member


The Silk Forest International LLP (Registered number: OC333105)

Notes to the Financial Statements
for the Year Ended 25 April 2023

1. STATUTORY INFORMATION

The Silk Forest International 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.

TURNOVER
Turnover represents net invoiced sale of goods, excluding VAT having regard to the fulfilment of contractual obligations.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 2% on cost
Motor vehicles - 25% on reducing balance

3. EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Short Motor
leasehold vehicles Totals
£    £    £   
COST
At 26 April 2022 803 5,060 5,863
Disposals (803 ) (5,060 ) (5,863 )
At 25 April 2023 - - -
DEPRECIATION
At 26 April 2022 225 5,007 5,232
Charge for year 16 13 29
Eliminated on disposal (241 ) (5,020 ) (5,261 )
At 25 April 2023 - - -
NET BOOK VALUE
At 25 April 2023 - - -
At 25 April 2022 578 53 631

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
25.4.23 25.4.22
£    £   
Other debtors - 31

The Silk Forest International LLP (Registered number: OC333105)

Notes to the Financial Statements - continued
for the Year Ended 25 April 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
25.4.23 25.4.22
£    £   
Other creditors 37,054 37,054
Accrued expenses 562 1,264
37,616 38,318

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

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

8. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party by virtue of the Limited Liability Partnership agreement. The members Mr G Aldred and Mrs J Robinson have an equal share.

Chartered Accountants' Report to the Members
on the Unaudited Financial Statements of
The Silk Forest International LLP

The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of The Silk Forest International LLP for the year ended 25 April 2023 which comprise the Income Statement, Balance Sheet, Reconciliation of Members' Interests and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the members of The Silk Forest International LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Silk Forest International LLP and state those matters that we have agreed to state to the members of The Silk Forest International LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Silk Forest International LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that The Silk Forest International 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 The Silk Forest International LLP. You consider that The Silk Forest International 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 The Silk Forest International 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.






M Cubed Chartered Accountants
9 De Montfort Street
Leicester
Leicestershire
LE1 7GE


30 November 2023