You Dot Agency LLP |
Registered number: |
OC399672 |
Balance Sheet |
as at 31 March 2024 |
Notes |
|
2024 |
|
2023 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
1,202 |
|
1,737 |
Current assets |
|
|
|
|
|
Debtors |
4 |
|
(693) |
|
(694) |
Cash at bank and in hand |
|
|
18,626 |
|
53,088 |
|
|
|
17,933 |
|
52,394 |
|
Creditors: amounts falling due within one year |
5 |
|
374 |
|
22 |
|
Net current assets |
|
|
18,307 |
|
52,416 |
|
|
|
|
|
|
Total assets less current liabilities |
|
|
19,509 |
|
54,153 |
|
|
|
Net assets attributable to members |
19,509 |
|
54,153 |
|
|
|
|
|
|
Represented by: |
Loans and other debts due to members |
6 |
|
(225,375) |
|
(173,375) |
|
|
|
|
|
|
Members' other interests |
Members' capital classified as equity |
|
|
7,234 |
|
7,234 |
Other reserves |
|
|
237,650 |
|
220,294 |
|
|
|
244,884 |
|
227,528 |
|
|
|
|
|
|
|
|
|
19,509 |
|
54,153 |
|
|
|
|
|
|
Total members' interests |
Loans and other debts due to members |
6 |
|
(225,375) |
|
(173,375) |
Members' other interests |
|
|
244,884 |
|
227,528 |
|
|
|
|
19,509 |
|
54,153 |
|
|
|
|
|
|
For the year ended 31 March 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 4 September 2024 and signed on their behalf by: |
|
|
David Ryan |
Designated member |
|
You Dot Agency LLP |
Notes to the Accounts |
for the year ended 31 March 2024 |
|
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. |
|
|
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. |
|
|
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: |
|
|
Plant and machinery |
over 5 years |
|
Fixtures, fittings, tools and equipment |
over 5 years |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
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. |
|
|
Foreign currency translation |
|
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. |
|
|
2 |
Employees |
2024 |
|
2023 |
Number |
Number |
|
|
Average number of persons employed by the LLP |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
£ |
|
Cost |
|
At 1 April 2023 |
2,220 |
|
At 31 March 2024 |
2,220 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2023 |
483 |
|
Charge for the year |
535 |
|
At 31 March 2024 |
1,018 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2024 |
1,202 |
|
At 31 March 2023 |
1,737 |
|
|
4 |
Debtors |
2024 |
|
2023 |
£ |
£ |
|
|
Trade debtors |
(693) |
|
(694) |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
|
|
Trade creditors |
28 |
|
28 |
|
Other creditors |
(402) |
|
(50) |
|
|
|
|
|
|
(374) |
|
(22) |
|
|
|
|
|
|
|
|
|
|
6 |
Loans and other debts due to members |
2024 |
|
2023 |
£ |
£ |
|
|
Amounts due to members in respect of profits |
(225,375) |
|
(173,375) |
|
|
|
|
|
|
|
|
|
|
Amounts falling due within one year |
(225,375) |
|
(173,375) |
|
|
|
|
|
|
|
|
|
|
Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up. |
|
|
7 |
Other information |
|
|
You Dot Agency LLP is a limited liability partnership incorporated in England. Its registered office is: |
|
11 Palmeira Square |
|
Hove |
|
East Sussex |
|
BN3 2JB |