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REGISTERED NUMBER: OC332504 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31st October 2023

for

Abrahams Dresden LLP

Abrahams Dresden LLP (Registered number: OC332504)






Contents of the Financial Statements
for the Year Ended 31st October 2023




Page

General Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Abrahams Dresden LLP

General Information
for the Year Ended 31st October 2023







DESIGNATED MEMBERS: R Abrahams
D Joseph
P Shinwell
S Beney
J Armstrong
J Herzog





REGISTERED OFFICE: 111 Charterhouse Street
London
EC1M 6AW





REGISTERED NUMBER: OC332504 (England and Wales)





ACCOUNTANTS: Spencer Hyde Limited
272 Regents Park Road
London
N3 3HN

Abrahams Dresden LLP (Registered number: OC332504)

Statement of Financial Position
31st October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 47,548 55,287

CURRENT ASSETS
Stocks 50,000 50,000
Debtors 5 475,350 503,017
Cash in hand 176 197
525,526 553,214
CREDITORS
Amounts falling due within one year 6 181,997 148,154
NET CURRENT ASSETS 343,529 405,060
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

391,077

460,347

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

391,077

460,347

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 391,077 460,347
Amounts due from members 5 - (13,578 )
391,077 446,769

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 31st October 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.

Abrahams Dresden LLP (Registered number: OC332504)

Statement of Financial Position - continued
31st October 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 16th July 2024 and were signed by:





R Abrahams - Designated member

Abrahams Dresden LLP (Registered number: OC332504)

Notes to the Financial Statements
for the Year Ended 31st October 2023

1. STATUTORY INFORMATION

Abrahams Dresden 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
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover comprises revenue recognised by the LLP in respect of services supplied, net of Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 13 (2022 - 13 ) .

Abrahams Dresden LLP (Registered number: OC332504)

Notes to the Financial Statements - continued
for the Year Ended 31st October 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st November 2022 549,349
Additions 4,415
At 31st October 2023 553,764
DEPRECIATION
At 1st November 2022 494,062
Charge for year 12,154
At 31st October 2023 506,216
NET BOOK VALUE
At 31st October 2023 47,548
At 31st October 2022 55,287

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 460,849 472,781
Other debtors 14,501 30,236
475,350 503,017

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 117,020 128,973
Other creditors 64,977 19,181
181,997 148,154

7. LOANS AND OTHER DEBTS DUE TO MEMBERS
2023 2022
£    £   
Loans from members - 230,568
Amounts owed to members in respect of profits 391,077 229,779
391,077 460,347

Falling due within one year 391,077 460,347

Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.