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REGISTERED NUMBER: OC444789 (England and Wales)















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: R S Clarke
C J Kelly





Registered office: 10 Crown Works Crescent
Shirley
Solihull
West Midlands
B90 1ER





Registered number: OC444789 (England and Wales)

SHRIMP SHACK LLP (REGISTERED NUMBER: OC444789)

Balance Sheet
31 March 2024

Notes £ £
Fixed assets
Tangible assets 4 815

Current assets
Debtors 471
Cash at bank 715
1,186
Creditors
Amounts falling due within one year 5 2,001
Net current liabilities (815 )
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 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 31 March 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 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 9 August 2024 and were signed by:





C J Kelly - Designated member

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
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.

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 2 .

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 1,086
At 31 March 2024 1,086
Depreciation
Charge for period 271
At 31 March 2024 271
Net book value
At 31 March 2024 815

5. Creditors: amounts falling due within one year
£
Trade creditors 501
Other creditors 1,500
2,001

6. Ultimate controlling party

The LLP is ultimately controlled by its members.