2023-04-01 2024-03-31 false No description of principal activity Capium Accounts Production 1.1 OC417989 bus:FullAccounts 2023-04-01 2024-03-31 OC417989 bus:FRS102 2023-04-01 2024-03-31 OC417989 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 OC417989 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC417989 bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC417989 2023-04-01 2024-03-31 OC417989 2024-03-31 OC417989 bus:RegisteredOffice 2023-04-01 2024-03-31 OC417989 core:WithinOneYear 2024-03-31 OC417989 core:AfterOneYear 2024-03-31 OC417989 bus:PartnerLLP1 2023-04-01 2024-03-31 OC417989 bus:PartnerLLP1 2024-03-31 OC417989 bus:PartnerLLP1 2022-04-01 2023-03-31 OC417989 bus:PartnerLLP2 2023-04-01 2024-03-31 OC417989 bus:PartnerLLP2 2024-03-31 OC417989 bus:PartnerLLP2 2022-04-01 2023-03-31 OC417989 bus:PartnerLLP3 2023-04-01 2024-03-31 OC417989 bus:PartnerLLP3 2024-03-31 OC417989 bus:PartnerLLP3 2022-04-01 2023-03-31 OC417989 2022-04-01 OC417989 bus:LeadAgentIfApplicable 2023-04-01 2024-03-31 OC417989 2022-04-01 2023-03-31 OC417989 2023-03-31 OC417989 core:WithinOneYear 2023-03-31 OC417989 core:AfterOneYear 2023-03-31 OC417989 bus:EntityAccountantsOrAuditors 2022-04-01 2023-03-31 OC417989 core:PlantMachinery 2023-04-01 2024-03-31 OC417989 core:PlantMachinery 2024-03-31 OC417989 core:PlantMachinery 2023-03-31 OC417989 core:FurnitureFittings 2023-04-01 2024-03-31 OC417989 core:FurnitureFittings 2024-03-31 OC417989 core:FurnitureFittings 2023-03-31 OC417989 core:ComputerEquipment 2023-04-01 2024-03-31 OC417989 core:ComputerEquipment 2024-03-31 OC417989 core:ComputerEquipment 2023-03-31 OC417989 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-03-31 OC417989 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-03-31 OC417989 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 OC417989 core:CostValuation core:Non-currentFinancialInstruments 2023-03-31 OC417989 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-03-31 OC417989 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 OC417989 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 OC417989 core:Non-currentFinancialInstruments 2024-03-31 OC417989 core:Non-currentFinancialInstruments 2023-03-31 OC417989 dpl:Item1 2023-04-01 OC417989 dpl:Item1 2024-03-31 OC417989 dpl:Item1 2022-04-01 OC417989 dpl:Item1 2023-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: OC417989
England and Wales

 

 

 

POWERHOUSE PERFORMANCE CLUB LLP


Unaudited Financial Statements
 


Period of accounts

Start date: 01 April 2023

End date: 31 March 2024
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 4 78,548    55,245 
78,548    55,245 
Current assets      
Stocks 5 682    2,755 
Debtors 6 10,186    1,125 
Cash at bank and in hand 17,506    9,142 
28,374    13,022 
Creditors: amount falling due within one year 7 (40,132)   (16,503)
Net current assets (11,758)   (3,481)
 
Total assets less current liabilities 66,790    51,764 
Creditors: amount falling due after more than one year 8 (25,433)   (22,222)
Net assets 41,357    29,542 
 

Represented by:
Loans and other debts due to members 9 41,057    29,242 
Members' other interest
Members' capital 300    300 
Other reserves  
300    300 

41,357    29,542 
 

Total members' interests
Loans and other debts due to members 41,057    29,242 
Members' other interests 300    300 
41,357    29,542 
 


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 financial statements have been prepared in accordance with the special provisions applicable to LLPs subject to the small LLPs regime.The LLP has opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account under section 444(1) of the Companies Act 2006
These accounts were approved by the members and signed on their behalf by:


.............................................................................
Darren Oliver
Designated Member
Date approved by the members: 10 August 2024
1
General Information
POWERHOUSE PERFORMANCE CLUB LLP is a limited liability partnership, registered in England and Wales, registration number OC417989, registration address Rectory Pavilion, Kingsey Road, THAME, OX9 3JL.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
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)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 20% Straight Line
Fixtures and Fittings 10% Straight Line
Plant and Machinery 20% Straight Line
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees


Average number of employees during the year was 0 (2023 : 0).
3.

Financial Commitments, Guarantees and Contingencies


Operating lease commitments   2024
£
  2023
£
Due within one year 27,000  27,000 
Due between two and five years 69,750  96,750 



4.

Tangible fixed assets

Cost or valuation Plant and Machinery   Fixtures and Fittings   Computer Equipment   Total
  £   £   £   £
At 01 April 2023 50,188    43,531    3,307    97,026 
Additions   1    (1)  
Disposals      
At 31 March 2024 50,188    43,532    3,306    97,026 
Depreciation
At 01 April 2023 10,843    6,570    1,065    18,478 
Charge for year      
On disposals      
At 31 March 2024 10,843    6,570    1,065    18,478 
Net book values
Closing balance as at 31 March 2024 39,345    36,962    2,241    78,548 
Opening balance as at 01 April 2023 13,930    41,315      55,245 


5.

Stocks

2024
£
  2023
£
Stocks 682    2,755 
682    2,755 

6.

Debtors: amounts falling due within one year

2024
£
  2023
£
Trade Debtors 4,914    1,125 
Prepayments & Accrued Income 939   
5,853    1,125 

6.

Debtors: amounts falling due after one year

2024
£
  2023
£
Other Debtors 4,333   
4,333   

7.

Creditors: amount falling due within one year

2024
£
  2023
£
Trade Creditors 2,249    2,700 
Bank Loans & Overdrafts 20,356    8,173 
Accrued Expenses 844    245 
Other Creditors   (1)
VAT 16,683    5,386 
40,132    16,503 

8.

Creditors: amount falling due after more than one year

2024
£
  2023
£
Bank Loans & Overdrafts 25,433    22,222 
25,433    22,222 

9.

Members' Interests

Members' capital   Other reserves   Total   Loans and other debts due to members less any amounts due from members included in debtors   Total
Balance at 01 April 2023 300      300    29,242    29,542 
Profit for the period available for discretionary division among members   121,665    121,665      121,665 
Members' interests after profit for the period 300    121,665    121,965    29,242    151,207 
Other divisions of profits   (121,665)   (121,665)   121,665   
Introduced by members       2,148    2,148 
Drawings       (111,998)   (111,998)
Balance at 31 March 2024 300      300    41,057    41,357 
 



2