Registered No. OC426554 (England and Wales)
GREENSCAPE PARTNERS LLP
Unaudited accounts
for the year ended 31 March 2024
GREENSCAPE PARTNERS LLP
LLP Information
for the year ended 31 March 2024
Designated members
A3 Business Limited
Registered Number
OC426554 (England and Wales)
Registered Office
6 Ash Tree Close
Orpington
Kent
BR6 7FH
Accountants
Olaando Consulting Ltd
7 Bell Yard
London
WC2A 2JR
GREENSCAPE PARTNERS LLP
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
51,013
3,857
Creditors: amounts falling due within one year
(11,166)
(4,178)
Net current assets
39,847
284,327
Total assets less current liabilities
39,847
284,327
Creditors: amounts falling due after more than one year
(35,670)
(35,000)
Net assets attributable to members
4,177
249,327
Loans and other debts due to members
7,739
253,002
Members' capital classified as equity
2
2
Other reserves
(3,564)
(3,677)
Loans and other debts due to members
7,739
253,002
Members' other interests
(3,562)
(3,675)
For the year ending 31 March 2024 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 19 July 2024.
Damtey Ltd
Designated member
Limited Liability Partnership Registration No. OC426554
GREENSCAPE PARTNERS LLP
Notes to the Accounts
for the year ended 31 March 2024
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.
The accounts are presented in £ sterling.
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.
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense.
Members' shares in the profit or loss for the year are accounted for as an allocation of profits. Unallocated profits and losses are included within 'other reserves'.
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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
GREENSCAPE PARTNERS LLP is a limited liability partnership, incorporated in England and Wales, registration number OC426554. Its registered office is 6 Ash Tree Close, Orpington, Kent, BR6 7FH.
3
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
7,134
2,863
Other creditors
3,732
1,015
GREENSCAPE PARTNERS LLP
Notes to the Accounts
for the year ended 31 March 2024
4
Creditors: amounts falling due after more than one year
2024
2023
The sum of £35,000 was fully repaid to "A Aboderin" during the financial year.
5
Loans and other debts due to members
2024
2023
Members' capital classified as a liability
7,198
210,002
Loans from members
7,931
50,390
Amounts due to members in respect of profits
(7,390)
(7,390)
Amounts falling due within one year
7,739
253,002
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).