Cromwell Close LLP |
Registered number: |
OC370031 |
Balance Sheet |
as at 30 November 2023 |
Notes |
|
2023 |
|
2022 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
- |
|
111,658 |
|
|
Net current assets |
|
|
- |
|
- |
|
|
|
|
|
|
Total assets less current liabilities |
|
|
- |
|
111,658 |
|
|
|
Net assets attributable to members |
- |
|
111,658 |
|
|
|
|
|
|
Represented by: |
Loans and other debts due to members |
4 |
|
1,766 |
|
113,424 |
|
|
|
|
|
|
Members' other interests |
Other reserves |
|
|
(1,766) |
|
(1,766) |
|
|
|
|
|
|
|
|
|
- |
|
111,658 |
|
|
|
|
|
|
Total members' interests |
Loans and other debts due to members |
4 |
|
1,766 |
|
113,424 |
Members' other interests |
|
|
(1,766) |
|
(1,766) |
|
|
|
|
- |
|
111,658 |
|
|
|
|
|
|
For the year ended 30 November 2023 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to 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. |
The 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. |
|
These accounts were approved by the members on 29 August 2024 and signed on their behalf by: |
|
|
Mishka Klotz |
Designated member |
|
Cromwell Close LLP |
Notes to the Accounts |
for the year ended 30 November 2023 |
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
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. |
|
|
Taxation |
|
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Members' capital |
|
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional. |
|
|
2 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the LLP |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
£ |
|
Cost |
|
At 1 December 2022 |
111,658 |
|
Disposals |
(111,658) |
|
At 30 November 2023 |
- |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 30 November 2023 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 November 2023 |
- |
|
At 30 November 2022 |
111,658 |
|
|
4 |
Loans and other debts due to members |
2023 |
|
2022 |
£ |
£ |
|
|
Loans from members |
1,766 |
|
113,424 |
|
|
|
|
|
|
|
|
|
|
Amounts falling due within one year |
1,766 |
|
113,424 |
|
|
|
|
|
|
|
|
|
|
Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up. |
|
|
5 |
Other information |
|
|
Cromwell Close LLP is a limited liability partnership incorporated in England. Its registered office is: |
|
19 Cadogan Gardens |
|
London |
|
N3 2HN |