16 June 2022 false No description of principal activity Taxfiler 2023.12 OC442699business:LimitedLiabilityPartnershipLLP2022-06-162023-06-30 OC4426992022-06-15 OC4426992022-06-162023-06-30 OC442699business:AuditExempt-NoAccountantsReport2022-06-162023-06-30 OC442699business:FullAccounts2022-06-162023-06-30 OC4426992023-06-30 OC442699business:PartnerLLP12022-06-162023-06-30 OC442699business:PartnerLLP22022-06-162023-06-30 OC442699business:RegisteredOffice2022-06-162023-06-30 OC442699core:WithinOneYear2023-06-30 OC442699core:ShareCapital2023-06-30 OC442699core:RetainedEarningsAccumulatedLosses2023-06-30 OC442699business:SmallEntities2022-06-162023-06-30 OC442699core:PlantMachinery2022-06-162023-06-30 OC442699core:FurnitureFittings2022-06-162023-06-30 OC442699core:ComputerEquipment2022-06-162023-06-30 OC442699countries:EnglandWales2022-06-162023-06-30 OC442699core:IntangibleAssetsOtherThanGoodwill2022-06-15 OC442699core:IntangibleAssetsOtherThanGoodwill2022-06-162023-06-30 OC442699core:IntangibleAssetsOtherThanGoodwill2023-06-30 OC442699core:PlantMachinery2022-06-15 OC442699core:FurnitureFittings2022-06-15 OC442699core:ComputerEquipment2022-06-15 OC442699core:PlantMachinery2023-06-30 OC442699core:FurnitureFittings2023-06-30 OC442699core:ComputerEquipment2023-06-30 iso4217:GBP xbrli:pure
Registered No. OC442699 (England and Wales)
Stowable LLP Unaudited accounts for the period from 16 June 2022 to 30 June 2023
Stowable LLP LLP Information for the period from 16 June 2022 to 30 June 2023
Designated members
Mr James Mugleston
Mrs Jennifer Mugleston
Registered Number
OC442699 (England and Wales)
Registered Office
Hammonds Farm Stapleford road Stapleford Tawney Romford Essex RM4 1RR
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Stowable LLP Statement of financial position as at 30 June 2023
2023 
Notes
£ 
Fixed assets
Intangible assets
48,647 
Tangible assets
10,272 
58,919 
Current assets
Debtors
2,135 
Cash at bank and in hand
11,178 
13,313 
Creditors: amounts falling due within one year
(30,372)
Net current liabilities
(17,059)
Net assets attributable to members
41,860 
Represented by:
Members' other interests
Members' capital classified as equity
70,460 
Other reserves
(28,600)
41,860 
41,860 
Total members' interests
Members' other interests
41,860 
41,860 
For the period ending 30 June 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 17 January 2024.
Mr James Mugleston Designated member Limited Liability Partnership Registration No. OC442699
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Stowable LLP Notes to the Accounts for the period from 16 June 2022 to 30 June 2023
1
Accounting policies
Basis of preparation
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Straight line 33%
Fixtures & fittings
Straight line 33%
Computer equipment
Straight line 33%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
2
Statutory information
Stowable LLP is a limited liability partnership, incorporated in England and Wales, registration number OC442699. Its registered office is Hammonds Farm Stapleford road, Stapleford Tawney, Romford, Essex, RM4 1RR.
3
Intangible fixed assets
Other 
£ 
Cost
At 16 June 2022
- 
Additions
60,809 
At 30 June 2023
60,809 
Amortisation
At 16 June 2022
- 
Charge for the period
12,162 
At 30 June 2023
12,162 
Net book value
At 30 June 2023
48,647 
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Stowable LLP Notes to the Accounts for the period from 16 June 2022 to 30 June 2023
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 16 June 2022
- 
- 
- 
- 
Additions
4,146 
4,194 
2,524 
10,864 
At 30 June 2023
4,146 
4,194 
2,524 
10,864 
Depreciation
Charge for the period
230 
292 
70 
592 
At 30 June 2023
230 
292 
70 
592 
Net book value
At 30 June 2023
3,916 
3,902 
2,454 
10,272 
5
Creditors: amounts falling due within one year
2023 
£ 
Trade creditors
30,372 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the period the average number of employees was 0.
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