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REGISTERED NUMBER: OC317292 (England and Wales)















FINANCIAL STATEMENTS

FOR THE PERIOD 1ST FEBRUARY 2023 TO 31ST JULY 2024

FOR

THE ASSOCIATES (UK) LLP

THE ASSOCIATES (UK) LLP (REGISTERED NUMBER: OC317292)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST FEBRUARY 2023 TO 31ST JULY 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE ASSOCIATES (UK) LLP

GENERAL INFORMATION
FOR THE PERIOD 1ST FEBRUARY 2023 TO 31ST JULY 2024







DESIGNATED MEMBERS: Mrs L D Peplow
Mrs B M Desborough





REGISTERED OFFICE: 10 Town Quay Wharf
Abbey Road
Barking
Essex
IG11 7BZ





REGISTERED NUMBER: OC317292 (England and Wales)





ACCOUNTANTS: Garrod Beckett & Co. Ltd.
Chartered Accountants
10 Town Quay Wharf
Abbey Road
Barking
Essex
IG11 7BZ

THE ASSOCIATES (UK) LLP (REGISTERED NUMBER: OC317292)

BALANCE SHEET
31ST JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 2

CURRENT ASSETS
Debtors 5 1,366 17,192
Cash at bank 169 1,013
1,535 18,205
CREDITORS
Amounts falling due within one year 6 1,250 16,005
NET CURRENT ASSETS 285 2,200
TOTAL ASSETS LESS CURRENT
LIABILITIES

285

2,202

CREDITORS
Amounts falling due after more than one
year

7

-

2,202
NET ASSETS ATTRIBUTABLE TO
MEMBERS

285

-

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

285

-

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 285 -
Amounts due from members 5 - (17,192 )
285 (17,192 )

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 period ended 31st July 2024.

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.

THE ASSOCIATES (UK) LLP (REGISTERED NUMBER: OC317292)

BALANCE SHEET - continued
31ST JULY 2024


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 6th August 2024 and were signed by:





Mrs B M Desborough - Designated member

THE ASSOCIATES (UK) LLP (REGISTERED NUMBER: OC317292)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST FEBRUARY 2023 TO 31ST JULY 2024

1. STATUTORY INFORMATION

The Associates (UK) 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" 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% straight line
Computer equipment - 50% on cost

3. EMPLOYEE INFORMATION

The average number of employees during the period was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st February 2023 5,717 5,375 11,092
Disposals (5,717 ) (5,375 ) (11,092 )
At 31st July 2024 - - -
DEPRECIATION
At 1st February 2023 5,716 5,374 11,090
Eliminated on disposal (5,716 ) (5,374 ) (11,090 )
At 31st July 2024 - - -
NET BOOK VALUE
At 31st July 2024 - - -
At 31st January 2023 1 1 2

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,366 17,192

THE ASSOCIATES (UK) LLP (REGISTERED NUMBER: OC317292)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST FEBRUARY 2023 TO 31ST JULY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 4,504
Other creditors 1,250 11,501
1,250 16,005

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2,202

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up. There is no provision for specific legally enforceable protection afforded to creditors in such an event. There are no restrictions or limitations on the ability of the members to reduce the amount of ‘Members’ other interests'.