1 November 2022 false Taxfiler 2023.14 OC433697business:LimitedLiabilityPartnershipLLP2022-11-012023-10-31 OC4336972022-10-31 OC4336972022-11-012023-10-31 OC433697business:AuditExempt-NoAccountantsReport2022-11-012023-10-31 OC433697business:FullAccounts2022-11-012023-10-31 OC4336972023-10-31 OC433697business:PartnerLLP12022-11-012023-10-31 OC433697business:PartnerLLP22022-11-012023-10-31 OC433697business:RegisteredOffice2022-11-012023-10-31 OC4336972022-10-31 OC433697core:WithinOneYear2023-10-31 OC433697core:WithinOneYear2022-10-31 OC433697business:SmallEntities2022-11-012023-10-31 OC433697core:FurnitureFittings2022-11-012023-10-31 OC433697core:ComputerEquipment2022-11-012023-10-31 OC433697countries:EnglandWales2022-11-012023-10-31 OC433697core:FurnitureFittings2022-10-31 OC433697core:ComputerEquipment2022-10-31 OC433697core:FurnitureFittings2023-10-31 OC433697core:ComputerEquipment2023-10-31 OC4336972021-11-012022-10-31 iso4217:GBP xbrli:pure
Registered No. OC433697 (England and Wales)
Make Good Design LLP Unaudited accounts for the year ended 31 October 2023
Make Good Design LLP LLP Information for the year ended 31 October 2023
Designated members
Ms Rebecca Marie Alford
Ms Megan Sayers
Registered Number
OC433697 (England and Wales)
Registered Office
Wrap 83 Queens Road Brighton East Sussex BN1 3XE England
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Make Good Design LLP Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,429 
3,425 
Current assets
Debtors
30,090 
51,744 
Cash at bank and in hand
51,389 
39,581 
81,479 
91,325 
Creditors: amounts falling due within one year
(11,198)
(24,522)
Net current assets
70,281 
66,803 
Net assets attributable to members
72,710 
70,228 
Represented by:
Loans and other debts due to members
72,710 
70,228 
72,710 
70,228 
Total members' interests
Loans and other debts due to members
72,710 
70,228 
72,710 
70,228 
For the year 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 12 March 2024.
Ms Megan Sayers Designated member Limited Liability Partnership Registration No. OC433697
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Make Good Design LLP Notes to the Accounts for the year ended 31 October 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.
Members' capital
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
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.
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:
Fixtures & fittings
20% on a reducing balance basis
Computer equipment
33% on a reducing balance basis
Foreign currencies
Transactions in foreign currencies are recorded using the rate of exchange ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated using the rate of exchange ruling at the balance sheet date and the gains or losses on translation are included in the profit and loss account.
2
Statutory information
Make Good Design LLP is a limited liability partnership, incorporated in England and Wales, registration number OC433697. Its registered office is Wrap, 83 Queens Road, Brighton, East Sussex, BN1 3XE, England.
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Make Good Design LLP Notes to the Accounts for the year ended 31 October 2023
3
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2022
1,287 
3,574 
4,861 
At 31 October 2023
1,287 
3,574 
4,861 
Depreciation
At 1 November 2022
257 
1,179 
1,436 
Charge for the year
206 
790 
996 
At 31 October 2023
463 
1,969 
2,432 
Net book value
At 31 October 2023
824 
1,605 
2,429 
At 31 October 2022
1,030 
2,395 
3,425 
4
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
1,745 
10,920 
Taxes and social security costs
9,288 
3,102 
Accruals
165 
10,500 
11,198 
24,522 
5
Loans and other debts due to members
2023 
2022 
£ 
£ 
Amounts due to members in respect of profits
72,710 
70,228 
Amounts falling due within one year
72,710 
70,228 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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