Registered No. OC333081 (England and Wales)
PAX1 LLP
Unaudited accounts
for the year ended 5 April 2024
PAX1 LLP
LLP Information
for the year ended 5 April 2024
Royal Ezeti Settlement Trust
Registered Number
OC333081 (England and Wales)
Registered Office
20 BOSTON COURT
HAYWARDS HEATH
RH16 3PY
ENGLAND
Accountants
Tarpon Limited
132-134 Great Ancoats Street
Manchester
M4 6DE
PAX1 LLP
Statement of financial position
as at 5 April 2024
Tangible assets
857,580
857,580
Creditors: amounts falling due within one year
(38,342)
(35,027)
Net current liabilities
(38,342)
(35,027)
Total assets less current liabilities
819,238
822,553
Creditors: amounts falling due after more than one year
(858,076)
(858,076)
Net liabilities attributable to members
(38,838)
(35,523)
Loans and other debts due to members
(30,374)
(30,374)
Other reserves
(8,464)
(5,149)
Loans and other debts due to members
(30,374)
(30,374)
Members' other interests
(8,464)
(5,149)
For the year ending 5 April 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 accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 16 August 2024.
O Onah
Designated member
Limited Liability Partnership Registration No. OC333081
PAX1 LLP
Notes to the Accounts
for the year ended 5 April 2024
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) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
PAX1 LLP is a limited liability partnership, incorporated in England and Wales, registration number OC333081. Its registered office is 20 BOSTON COURT, HAYWARDS HEATH, RH16 3PY, ENGLAND.
3
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 6 April 2023
857,580
10,846
868,426
At 5 April 2024
857,580
10,846
868,426
At 6 April 2023
-
10,846
10,846
At 5 April 2024
-
10,846
10,846
At 5 April 2024
857,580
-
857,580
At 5 April 2023
857,580
-
857,580
4
Creditors: amounts falling due within one year
2024
2023
Other creditors
38,092
34,777
5
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
858,076
858,076
6
Loans and other debts due to members
2024
2023
Amounts due to members in respect of profits
(30,374)
(30,374)
Amounts falling due within one year
(30,374)
(30,374)
PAX1 LLP
Notes to the Accounts
for the year ended 5 April 2024
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).