7C Consociation LLP Filleted Accounts Cover
7C Consociation LLP
Registered No. OC432225
Information for Filing with the Registrar
31 March 2024
7C Consociation LLP Balance Sheet Registrar
at
31 March 2024
Registered No.
OC432225
Notes
2024
2023
£
£
Current assets
Cash at bank and in hand
3,218
1,003
3,218
1,003
Creditors: Amounts falling due within one year
5
(607)
(594)
Net current assets
2,611
409
Total assets less current liabilities
2,611
409
Net assets attributable to members
2,611
409
Represented by:
Members' other interests
Members' capital
2,000
2,000
Other reserves
611
(1,591)
2,611
409
2,611
409
These accounts have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
For the year ended 31 March 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 as applied by the Limited Liability Partnerships (Accounts and Audit)(Application of Companies Act 2006) Regulations 2008) 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.
As permitted by section 444 (5A)of the Companies Act 2006 the members have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the members on 19 April 2024 and signed on its behalf by:
P. Smith
Designated member
19 April 2024
7C Consociation LLP Notes to the Accounts Registrar
for the year ended 31 March 2024
1
General information
7C Consociation LLP is a limited liability partnership and incorporated in England and Wales.
Its registered number is: OC432225
Its registered office is:
Grace House, 90 Main Street,
Upper Poppleton
York
North Yorkshire
YO26 6JU
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and in accordance with the Statement of Recommended Practice 'Accounting for Limited Liability Partnerships' issued in December 2018.
2
Accounting policies
Turnover
Turnover represents the of work carried out in respect of services provided to customers adjusted for
opening and closing accrued or deferred income in respect of contracts in progress at the year end.
Turnover in respect of contracts for on-going services is recognised by reference to the stage of
completion.
Members' remuneration and division of profits
Profits are treated as being available for discretionary division only if the the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Once agreement has been reached to divide the profits, a members' share in the profit or loss for the year is accounted for as an allocation of profits. Unallocated profits and losses remain included within 'other reserves'.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Provisions
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the balance sheet.
Members' Interests
Members' interests are classified as either equity or debt.

Equity interests comprise any capital introduced classified as equity, any unallocated profits, any revaluation reserve and any other reserves.

Loans and other debts due to members comprise any capital introduced but classified as a liability, any loans from members, amounts due to members in respect of allocated profits less drawings and any other amounts that the LLP is contractually obliged to repay to members.
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.
3
Information in relation to members
2024
2023
Number
Number
The average number of members during the year :
4
4
4
Employees
2024
2023
Number
Number
The average number of persons employed during the year was:
0
0
5
Creditors:
amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
--
Other creditors
13-
Accruals and deferred income
594594
607594
7C Consociation LLPOC43222531 March 202401 April 2023false19 April 2024BTCSoftware AP Solution 2024 11.1.0111.1.01OC4322252023-04-012024-03-31OC4322252024-03-31OC432225countries:UnitedKingdom2023-04-012024-03-31OC432225bus:RegisteredOffice2023-04-012024-03-31OC4322252022-04-012023-03-31OC432225core:WithinOneYear2024-03-31OC432225core:WithinOneYear2023-03-31OC4322252023-04-01OC432225bus:SmallEntities2023-04-012024-03-31OC432225bus:FullAccounts2023-04-012024-03-31OC432225bus:AuditExempt-NoAccountantsReport2023-04-012024-03-31OC432225bus:PartnerLLP42023-04-012024-03-31OC432225bus:LimitedLiabilityPartnershipLLP2023-04-012024-03-31xbrli:pureiso4217:GBP