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REGISTERED NUMBER: OC424301 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2024

FOR

WE MAKE FOOTBALLERS (ESSEX) LLP

WE MAKE FOOTBALLERS (ESSEX) LLP (REGISTERED NUMBER: OC424301)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WE MAKE FOOTBALLERS (ESSEX) LLP

GENERAL INFORMATION
for the year ended 31 March 2024







DESIGNATED MEMBERS: D Pipe
J Pipe





REGISTERED OFFICE: Swatton Barn
Badbury
Swindon
Wiltshire
SN4 0EU





REGISTERED NUMBER: OC424301 (England and Wales)





ACCOUNTANTS: d&t
Chartered Accountants
Swatton Barn
Badbury
Swindon
Wiltshire
SN4 0EU

WE MAKE FOOTBALLERS (ESSEX) LLP (REGISTERED NUMBER: OC424301)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 200
Tangible assets 5 44,012 1,576
44,012 1,776

CURRENT ASSETS
Debtors 6 380 322
Cash at bank 22,890 29,295
23,270 29,617
CREDITORS
Amounts falling due within one year 7 7,459 1,690
NET CURRENT ASSETS 15,811 27,927
TOTAL ASSETS LESS CURRENT
LIABILITIES

59,823

29,703

CREDITORS
Amounts falling due after more than one
year

8

35,684

3,260
NET ASSETS ATTRIBUTABLE TO
MEMBERS

24,139

26,443

LOANS AND OTHER DEBTS DUE TO
MEMBERS

9

24,139

26,443

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 9 24,139 26,443

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 year 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.

WE MAKE FOOTBALLERS (ESSEX) LLP (REGISTERED NUMBER: OC424301)

BALANCE SHEET - continued
31 March 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 14 August 2024 and were signed by:





D Pipe - Designated member

WE MAKE FOOTBALLERS (ESSEX) LLP (REGISTERED NUMBER: OC424301)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024

1. STATUTORY INFORMATION

We Make Footballers (Essex) 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.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Franchise fee are being amortised evenly over their estimated useful life of five years.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% straight line basis

3. EMPLOYEE INFORMATION

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2023
and 31 March 2024 2,250
AMORTISATION
At 1 April 2023 2,050
Charge for year 200
At 31 March 2024 2,250
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 200

WE MAKE FOOTBALLERS (ESSEX) LLP (REGISTERED NUMBER: OC424301)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

4. INTANGIBLE FIXED ASSETS - continued

Franchise fee are being amortised evenly over their estimated useful life of five years.

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 3,115
Additions 46,265
At 31 March 2024 49,380
DEPRECIATION
At 1 April 2023 1,539
Charge for year 3,829
At 31 March 2024 5,368
NET BOOK VALUE
At 31 March 2024 44,012
At 31 March 2023 1,576

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 380 322

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 1,150 1,150
Hire purchase contracts 5,769 -
Other creditors 540 540
7,459 1,690

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 2,110 3,260
Hire purchase contracts 33,574 -
35,684 3,260

WE MAKE FOOTBALLERS (ESSEX) LLP (REGISTERED NUMBER: OC424301)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

9. LOANS AND OTHER DEBTS DUE TO MEMBERS
2024 2023
£    £   
Amounts owed to members in respect of profits 24,139 26,443

Falling due within one year 24,139 26,443

Amounts due to members rank equally alongside the other unsecured
creditors.