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REGISTERED NUMBER: OC423090 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2023

FOR

WE MAKE FOOTBALLERS (SUSSEX) LLP

WE MAKE FOOTBALLERS (SUSSEX) LLP (REGISTERED NUMBER: OC423090)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2023




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WE MAKE FOOTBALLERS (SUSSEX) LLP

GENERAL INFORMATION
for the year ended 31 March 2023







DESIGNATED MEMBERS: C P Mason
M A Kavalieros
F Evans





REGISTERED OFFICE: Swatton Barn, Badbury
Swindon
England
SN4 0EU





REGISTERED NUMBER: OC423090 (England and Wales)





ACCOUNTANTS: d&t
Chartered Accountants
Swatton Barn
Badbury
Swindon
Wiltshire
SN4 0EU

WE MAKE FOOTBALLERS (SUSSEX) LLP (REGISTERED NUMBER: OC423090)

BALANCE SHEET
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 546
Tangible assets 5 12,783 454
12,783 1,000

CURRENT ASSETS
Debtors - 3,092
Cash at bank 6,953 1,996
6,953 5,088
CREDITORS
Amounts falling due within one year 6 2,451 791
NET CURRENT ASSETS 4,502 4,297
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,285

5,297

CREDITORS
Amounts falling due after more than one
year

7

9,860

1,900
NET ASSETS ATTRIBUTABLE TO
MEMBERS

7,425

3,397

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

7,425

3,397

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 7,425 3,397
Amounts due from members - (3,092 )
7,425 305

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 March 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.

WE MAKE FOOTBALLERS (SUSSEX) LLP (REGISTERED NUMBER: OC423090)

BALANCE SHEET - continued
31 March 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 27 March 2024 and were signed by:





F Evans - Designated member

WE MAKE FOOTBALLERS (SUSSEX) LLP (REGISTERED NUMBER: OC423090)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2023

1. STATUTORY INFORMATION

We Make Footballers (Sussex) LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2018 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added taxes and other sales taxes.

INTANGIBLE FIXED ASSETS AND AMORTISATION - OTHER INTANGIBLE
Other intangible assets are Franchise Fee It is amortised to profit and loss account over its estimated economic life of 5 years.

TANGIBLE FIXED ASSETS
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:


Computer equipmentsStraight line @ 33.33%
Plant & machineryReducing balance @25%
Motor vehiclesReducing balance @20%

HIRE PURCHASE AND LEASING COMMITMENTS
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEE INFORMATION

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

WE MAKE FOOTBALLERS (SUSSEX) LLP (REGISTERED NUMBER: OC423090)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 2,730
AMORTISATION
At 1 April 2022 2,184
Charge for year 546
At 31 March 2023 2,730
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 546

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles Equipment Totals
£    £    £    £   
COST
At 1 April 2022 - - 898 898
Additions 218 13,841 - 14,059
At 31 March 2023 218 13,841 898 14,957
DEPRECIATION
At 1 April 2022 - - 444 444
Charge for year 54 1,380 296 1,730
At 31 March 2023 54 1,380 740 2,174
NET BOOK VALUE
At 31 March 2023 164 12,461 158 12,783
At 31 March 2022 - - 454 454

WE MAKE FOOTBALLERS (SUSSEX) LLP (REGISTERED NUMBER: OC423090)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 13,841
At 31 March 2023 13,841
DEPRECIATION
Charge for year 1,380
At 31 March 2023 1,380
NET BOOK VALUE
At 31 March 2023 12,461

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 1,644 -
Trade creditors 157 156
Other creditors 650 635
2,451 791

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 8,610 -
Other creditors 1,250 1,900
9,860 1,900

8. LOANS AND OTHER DEBTS DUE TO MEMBERS
2023 2022
£    £   
Amounts owed to members in respect of profits 7,425 3,397

Falling due within one year 7,425 3,397

Amounts due to members rank equally alongside the other unsecured creditors.