Registered number
OC398347
CB4Living LLP
Filleted Accounts
5 April 2024
CB4Living LLP
Registered number: OC398347
Balance Sheet
as at 5 April 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 22,766 37,581
Current assets
Stocks 15,620 18,020
Debtors 4 1,474 1,363
Cash at bank and in hand 26,307 40,134
43,401 59,517
Creditors: amounts falling due within one year 5 (15,325) (12,430)
Net current assets 28,076 47,087
Total assets less current liabilities 50,842 84,668
Net assets attributable to members 50,842 84,668
Represented by:
Members' other interests
Other reserves 50,842 84,668
50,842 84,668
Total members' interests
Members' other interests 50,842 84,668
50,842 84,668
For the year ended 5 April 2024 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 3 September 2024 and signed on their behalf by:
T Jarman
Designated member
CB4Living LLP
Notes to the Accounts
for the year ended 5 April 2024
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Division of profits
Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account.
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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Improvements to property over 10 years
Plant and machinery over 4 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
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 2024 2023
Number Number
Average number of persons employed by the LLP 1 1
3 Tangible fixed assets
Improvements to property Plant and machinery etc Total
£ £ £
Cost
At 6 April 2023 142,336 28,699 171,035
Additions - 563 563
At 5 April 2024 142,336 29,262 171,598
Depreciation
At 6 April 2023 106,332 27,122 133,454
Charge for the year 14,234 1,144 15,378
At 5 April 2024 120,566 28,266 148,832
Net book value
At 5 April 2024 21,770 996 22,766
At 5 April 2023 36,004 1,577 37,581
4 Debtors 2024 2023
£ £
Trade debtors 1,474 1,363
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 251 251
Other creditors 15,074 12,179
15,325 12,430
6 Other information
CB4Living LLP is a limited liability partnership incorporated in England. Its registered office is:
10 Wellington Street
Cambridge
CB1 1HW
CB4Living LLP OC398347 false 2023-04-06 2024-04-05 2024-04-05 VT Final Accounts April 2024 T Jarman No description of principal activity OC398347 2022-04-06 2023-04-05 OC398347 core:WithinOneYear 2023-04-05 OC398347 core:RetainedEarningsAccumulatedLosses 2023-04-05 OC398347 2023-04-06 2024-04-05 OC398347 bus:LimitedLiabilityPartnershipLLP 2023-04-06 2024-04-05 OC398347 bus:AuditExemptWithAccountantsReport 2023-04-06 2024-04-05 OC398347 bus:PartnerLLP20 2023-04-06 2024-04-05 OC398347 3 2023-04-06 2024-04-05 OC398347 1 2023-04-06 2024-04-05 OC398347 2 2023-04-06 2024-04-05 OC398347 4 2023-04-06 2024-04-05 OC398347 core:LandBuildings 2023-04-06 2024-04-05 OC398347 core:PlantMachinery 2023-04-06 2024-04-05 OC398347 countries:England 2023-04-06 2024-04-05 OC398347 bus:FRS102 2023-04-06 2024-04-05 OC398347 bus:FilletedAccounts 2023-04-06 2024-04-05 OC398347 2024-04-05 OC398347 core:WithinOneYear 2024-04-05 OC398347 core:RetainedEarningsAccumulatedLosses 2024-04-05 OC398347 core:LandBuildings 2024-04-05 OC398347 core:PlantMachinery 2024-04-05 OC398347 2023-04-05 OC398347 core:LandBuildings 2023-04-05 OC398347 core:PlantMachinery 2023-04-05 iso4217:GBP xbrli:pure