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REGISTERED NUMBER: OC441390 (England and Wales)















Report of the Members and

Unaudited Financial Statements for the Year Ended 31 March 2024

for

Transformative Change Consulting LLP

Transformative Change Consulting LLP (Registered number: OC441390)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


Transformative Change Consulting LLP

General Information
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: E Doran
L McGuire
Miss A Smith





REGISTERED OFFICE: Hillcrest
22 Church Street
Blakesley
Towcester
Northamptonshire
NN12 8RA





REGISTERED NUMBER: OC441390 (England and Wales)





ACCOUNTANT: BFN Accounts & Tax Limited
Hillcrest
22 Church Street
Blakesley
Towcester
NN12 8RA

Transformative Change Consulting LLP (Registered number: OC441390)

Report of the Members
for the Year Ended 31 March 2024

The members present their report with the financial statements of the LLP for the year ended 31 March 2024.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the year under review was that of consultancy services.

DESIGNATED MEMBERS
The designated members during the year under review were:

E Doran
L McGuire
Miss A Smith

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £221,087 (2023 - £118,429 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





Miss A Smith - Designated member


6 September 2024

Transformative Change Consulting LLP (Registered number: OC441390)

Income Statement
for the Year Ended 31 March 2024

Period
10.3.22
Year Ended to
31.3.24 31.3.23
£    £   

TURNOVER 223,150 120,467

Administrative expenses 2,063 2,038
OPERATING PROFIT and
PROFIT FOR THE FINANCIAL YEAR BEFORE
MEMBERS' REMUNERATION AND PROFIT SHARES
AVAILABLE FOR DISCRETIONARY DIVISION
AMONG MEMBERS



221,087



118,429

Transformative Change Consulting LLP (Registered number: OC441390)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 347,781 347,781

CURRENT ASSETS
Debtors 5 - 27,093
Cash at bank 7,574 -
7,574 27,093
CREDITORS
Amounts falling due within one year 6 2,800 26,131
NET CURRENT ASSETS 4,774 962
TOTAL ASSETS LESS CURRENT LIABILITIES 352,555 348,743

CREDITORS
Amounts falling due after more than one year 7 135,038 230,314
NET ASSETS ATTRIBUTABLE TO MEMBERS 217,517 118,429

LOANS AND OTHER DEBTS DUE TO MEMBERS 8 217,517 118,429

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 217,517 118,429

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.

The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 6 September 2024 and were signed by:





Miss A Smith - Designated member

Transformative Change Consulting LLP (Registered number: OC441390)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Transformative Change Consulting LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 3 (2023 - 3 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 347,781
NET BOOK VALUE
At 31 March 2024 347,781
At 31 March 2023 347,781

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors - 27,093

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors - 43
Taxation and social security 800 24,088
Other creditors 2,000 2,000
2,800 26,131

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Other creditors 135,038 230,314

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

This is a small LLP and we wish to take options and exemptions from disclosure requirements.