REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 26 November 2023 |
for |
Fvz Pharma LLP |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 26 November 2023 |
for |
Fvz Pharma LLP |
Fvz Pharma LLP (Registered number: OC367519) |
Contents of the Financial Statements |
for the Year Ended 26 November 2023 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 5 |
Fvz Pharma LLP |
General Information |
for the Year Ended 26 November 2023 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
Fvz Pharma LLP (Registered number: OC367519) |
Balance Sheet |
26 November 2023 |
26.11.23 | 26.11.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Stocks |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
8 |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
217,479 |
66,219 |
Fvz Pharma LLP (Registered number: OC367519) |
Balance Sheet - continued |
26 November 2023 |
26.11.23 | 26.11.22 |
Notes | £ | £ | £ | £ |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
9 |
217,477 |
66,217 |
MEMBERS' OTHER INTERESTS |
Other reserves | 10 |
217,479 | 66,219 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members |
9 |
217,477 |
66,217 |
Members' other interests | 2 | 2 |
Amounts due from members | 6 | - | (88,859 | ) |
217,479 | (22,640 | ) |
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. |
Fvz Pharma LLP (Registered number: OC367519) |
Balance Sheet - continued |
26 November 2023 |
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 |
Fvz Pharma LLP (Registered number: OC367519) |
Notes to the Financial Statements |
for the Year Ended 26 November 2023 |
1. | STATUTORY INFORMATION |
Fvz Pharma LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page. |
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" and the companies Act 2006. |
The financial statements have been prepared under historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Goodwill |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Tangible fixed assets |
Plant and machinery etc | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
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. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the year was |
Fvz Pharma LLP (Registered number: OC367519) |
Notes to the Financial Statements - continued |
for the Year Ended 26 November 2023 |
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 27 November 2022 |
Additions |
At 26 November 2023 |
AMORTISATION |
At 27 November 2022 |
Charge for year |
At 26 November 2023 |
NET BOOK VALUE |
At 26 November 2023 |
At 26 November 2022 |
5. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 27 November 2022 |
Additions |
At 26 November 2023 |
DEPRECIATION |
At 27 November 2022 |
Charge for year |
At 26 November 2023 |
NET BOOK VALUE |
At 26 November 2023 |
At 26 November 2022 |
Fvz Pharma LLP (Registered number: OC367519) |
Notes to the Financial Statements - continued |
for the Year Ended 26 November 2023 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
26.11.23 | 26.11.22 |
£ | £ |
Trade debtors |
Amounts due from members | - | 88,859 |
Other debtors |
VAT |
Prepayments and accrued income |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
26.11.23 | 26.11.22 |
£ | £ |
Bank loans and overdrafts |
Loans |
Trade creditors |
Social security and other taxes |
Other creditors |
Wages Payable | 17,861 | 3,098 |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
26.11.23 | 26.11.22 |
£ | £ |
Bank loans more 5 yr by instal |
Other creditors |
Amounts falling due in more than five years: |
Repayable by instalments |
Bank loans more 5 yr by instal | 716,235 | 184,367 |
Fvz Pharma LLP (Registered number: OC367519) |
Notes to the Financial Statements - continued |
for the Year Ended 26 November 2023 |
9. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
26.11.23 | 26.11.22 |
£ | £ |
Loans from members | 66,217 | 66,217 |
Amounts owed to members in respect of profits | 151,260 | - |
217,477 | 66,217 |
Falling due within one year | 217,477 | 66,217 |
Loans and other debts due to members are unsecured and would rank parsi passu with other unsecured creditors in the event of a winding up. |
10. | RESERVES |
Other |
reserves |
£ |
At 27 November 2022 |
At 26 November 2023 |