REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 23 November 2022 to 31 March 2024 |
for |
SHRIMP SHACK LLP |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 23 November 2022 to 31 March 2024 |
for |
SHRIMP SHACK LLP |
SHRIMP SHACK LLP (REGISTERED NUMBER: OC444789) |
Contents of the Financial Statements |
for the period 23 November 2022 to 31 March 2024 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
SHRIMP SHACK LLP |
General Information |
for the period 23 November 2022 to 31 March 2024 |
Designated members: |
Registered office: |
Registered number: |
SHRIMP SHACK LLP (REGISTERED NUMBER: OC444789) |
Balance Sheet |
31 March 2024 |
Notes | £ | £ |
Fixed assets |
Tangible assets | 4 |
Current assets |
Debtors |
Cash at bank |
Creditors |
Amounts falling due within one year | 5 |
Net current liabilities | ( |
) |
Total assets less current liabilities |
and |
Net liabilities attributable to members | - |
Loans and other debts due to members | - |
Total members' interests |
Amounts due from members | (471 | ) |
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. |
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 |
SHRIMP SHACK LLP (REGISTERED NUMBER: OC444789) |
Notes to the Financial Statements |
for the period 23 November 2022 to 31 March 2024 |
1. | General information |
Shrimp Shack 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 |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Sale of goods |
The company has one revenue stream which comprises food and beverage sales and therefore represents one performance obligation that is satisfied when control is transferred to the customer at the point of sale when payment is received and therefore no contract asset or contract liability is created. |
Revenue comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of activities. Revenue is shown net of VAT, returns and discounts. |
Tangible fixed assets |
Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
Plant and machinery | - | 20% on cost |
Financial instruments |
The company only enters into basic financial instrument transactions that result in the recognition of |
financial assets and liabilities such as accrued income, accruals and deferred income, and other |
creditors. |
All liabilities are initially measured at transaction price and subsequently measured at amortised |
cost. |
For financial assets measured at cost less impairment, the impairment loss is measured as the |
difference between an asset's carrying amount and best estimate of the recoverable amount, which |
is an approximation of the amount that the company would receive for the asset if it were to be sold |
at the balance sheet date. |
Leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
Loans and other debts due to members |
In the event of a winding up the amounts included in 'Loans and other debtors due to members" will rank equally with unsecured creditors. |
3. | Employee information |
The average number of employees during the period was |
SHRIMP SHACK LLP (REGISTERED NUMBER: OC444789) |
Notes to the Financial Statements - continued |
for the period 23 November 2022 to 31 March 2024 |
4. | Tangible fixed assets |
Plant and |
machinery |
etc |
£ |
Cost |
Additions |
At 31 March 2024 |
Depreciation |
Charge for period |
At 31 March 2024 |
Net book value |
At 31 March 2024 |
5. | Creditors: amounts falling due within one year |
£ |
Trade creditors |
Other creditors |
6. | Ultimate controlling party |
The LLP is ultimately controlled by its members. |