REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31st July 2023 |
for |
Evolution Internet Marketing LLP |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31st July 2023 |
for |
Evolution Internet Marketing LLP |
Evolution Internet Marketing LLP (Registered number: OC366508) |
Contents of the Financial Statements |
for the Year Ended 31st July 2023 |
Page |
Abridged Balance Sheet | 1 |
Notes to the Financial Statements | 3 |
Evolution Internet Marketing LLP (Registered number: OC366508) |
Abridged Balance Sheet |
31st July 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
Investments | 6 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
420,014 |
377,892 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
7 |
420,014 |
377,892 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 7 | 420,014 | 377,892 |
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. |
Evolution Internet Marketing LLP (Registered number: OC366508) |
Abridged Balance Sheet - continued |
31st July 2023 |
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 Profit and Loss Account has not been delivered. |
The financial statements were approved by the members of the LLP and authorised for issue on |
Evolution Internet Marketing LLP (Registered number: OC366508) |
Notes to the Financial Statements |
for the Year Ended 31st July 2023 |
1. | STATUTORY INFORMATION |
Evolution Internet Marketing LLP is registered in England and Wales. The LLP's registered number and registered office address are as below: |
Registered number: |
Registered office: |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Revenue recognition |
Sales comprise the fair value of the consideration received or receivable for the rendering of marketing services in the ordinary course of the company's activities. Sales are presented, net of value-added tax, rebates and discounts. |
The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the company's activities as follows: |
Revenue from the sale of services is recognised at the point at which those services have been provided to the customer. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year |
Tangible fixed assets |
Plant and machinery | - |
Fixtures and fittings | - |
Motor vehicles | - |
Computer equipment | - |
4. | EMPLOYEE INFORMATION |
The average number of employees during the year was NIL (2022 - NIL). |
Evolution Internet Marketing LLP (Registered number: OC366508) |
Notes to the Financial Statements - continued |
for the Year Ended 31st July 2023 |
5. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1st August 2022 |
Additions |
At 31st July 2023 |
DEPRECIATION |
At 1st August 2022 |
Charge for year |
At 31st July 2023 |
NET BOOK VALUE |
At 31st July 2023 |
At 31st July 2022 |
6. | FIXED ASSET INVESTMENTS |
The balance held within Fixed Asset Investment represents the unlisted investment held by the LLP as at the balance sheet date. |
7. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
2023 | 2022 |
£ | £ |
Amounts owed to members in respect of profits | 420,014 | 377,892 |
Falling due within one year | 420,014 | 377,892 |
The balances shown above would rank below unsecured creditors from the proceeds of a winding-up of the LLP. |
8. | ULTIMATE CONTROLLING PARTY |
During the year, the ultimate controlling party was Mr G Brown by virtue of his control of the designated members. |