Registered No. OC440040 (England and Wales)
FLAMED EARTH CERAMICS LLP
Unaudited accounts
for the year ended 31 March 2024
FLAMED EARTH CERAMICS LLP
LLP Information
for the year ended 31 March 2024
Designated members
Mr Mark Andrew Slade
Registered Number
OC440040 (England and Wales)
Registered Office
4 MILLSTREAM CLOSE
ANDOVER
HAMPSHIRE
SP10 2NB
ENGLAND
Accountants
Cone Accounting Limited
124 City Road
London
EC1V 2NX
FLAMED EARTH CERAMICS LLP
Statement of financial position
as at 31 March 2024
Tangible assets
4,118
4,963
Cash at bank and in hand
14,080
8,755
Creditors: amounts falling due within one year
(499)
-
Net current assets
13,853
19,722
Net assets attributable to members
17,971
24,685
Members' capital classified as equity
(88,384)
(41,101)
Other reserves
106,355
65,786
Members' other interests
17,971
24,685
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 June 2024.
Mrs Trudy Mabel Slade
Designated member
Limited Liability Partnership Registration No. OC440040
FLAMED EARTH CERAMICS 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line
Fixtures & fittings
25% Straight Line
Computer equipment
33% Straight Line
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.
FLAMED EARTH CERAMICS LLP is a limited liability partnership, incorporated in England and Wales, registration number OC440040. Its registered office is 4 MILLSTREAM CLOSE, ANDOVER, HAMPSHIRE, SP10 2NB, ENGLAND.
FLAMED EARTH CERAMICS LLP
Notes to the Accounts
for the year ended 31 March 2024
3
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
5,533
1,221
-
6,754
At 31 March 2024
4,654
1,221
1,199
7,074
At 1 April 2023
1,409
382
-
1,791
Charge for the year
931
305
266
1,502
On disposals
(337)
-
-
(337)
At 31 March 2024
2,003
687
266
2,956
At 31 March 2024
2,651
534
933
4,118
At 31 March 2023
4,124
839
-
4,963
4
Creditors: amounts falling due within one year
2024
2023
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).