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REGISTERED NUMBER: OC441322 (England and Wales)















Report of the Members and

Unaudited Financial Statements for the Year Ended 31 March 2024

for

Ivy Marketing Solutions LLP

Ivy Marketing Solutions LLP (Registered number: OC441322)






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




Page

General Information 1

Report of the Members 2

Income Statement 4

Balance Sheet 5

Notes to the Financial Statements 6


Ivy Marketing Solutions LLP

General Information
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: Mrs L Johnson
M Vurnum





REGISTERED OFFICE: 13 High Street East
Glossop
Derbyshire
SK13 8DA





REGISTERED NUMBER: OC441322 (England and Wales)





ACCOUNTANTS: DJ Pape & Associates (NW) Ltd
13 High Street East
Glossop
Derbyshire
SK13 8DA

Ivy Marketing Solutions LLP (Registered number: OC441322)

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 other service activities

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

Mrs L Johnson
M Vurnum

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £66,372 (2023 - £1,179 profit).

MEMBERS' INTERESTS

CLIENT APPROVAL CERTIFICATE
We confirm to the best of our knowledge and belief, and having made all reasonable and appropriate enquiries of other partners, the following representations given to you in connection with your review of these financial statements.
1. We acknowledge as partners our joint and several responsibilities for the accounts prepared by you. All the accounting records have been made available to you for the purpose of your review and all the transactions undertaken by the partnership have been properly recorded in the accounting records.
2. We confirm that there have been no changes in the accounting policies other than those disclosed in the accounts. In our opinion, the accounting policies are appropriate to the partnership and conform with generally accepted accounting principles. We confirm that all transactions and balances have been accounted for in accordance with these accounting policies.
3. We confirm that all Partnership assets have been included in the balance sheet at their true cost or value and moreover these assets exist.
4. We confirm that all assets included in the balance sheet are owned by the Partnership, unless otherwise stated within the accounts.
5. We confirm that depreciation has been provided on all fixed assets with a limited economic life in accordance with the stated accounting policy. In our opinion, the rates of depreciation are fair and reasonable.
6. We confirm all liabilities have been fully recorded in the balance sheet, at a fair and reasonable value, and all such liabilities are properly those of the Partnership.
7. We confirm that there has been no netting off of assets and liabilities.
8. We confirm that all turnover has been fully recorded and classified.
9. The partnership has no contingent liabilities other than those disclosed in the accounts.
10. There has been no event since the balance sheet date which requires disclosing or which would materially affect the amounts stated in the Accounts, other than those already disclosed or included in the accounts.
11. We confirm that we fully understand all estimates and provisions applied to the financial statements have been provided by ourselves and reflect the associated cost.
12. The partnership has had at no time during the year any arrangement, transaction or agreement to provide credit facilities (including loans, quasi-loans or credit transactions) for partners, nor to guarantee or provide security for such matters, except as disclosed in the accounts.
13. We confirm that we have disclosed to you all related party transactions relevant to the partnership and that we are not aware of any further related party matters that require disclosure.
14. The partnership has not contracted for, nor authorised any capital expenditure other than as disclosed in the accounts.
15. Partners' emoluments and capital account balances are as shown in the accounts.
16. We confirm that there are no laws or regulations that are central to the partnership's ability to conduct its business.
17. We confirm that the partnership is a going concern in consideration of the previous twelve months from the date hereof.
18. We confirm all prudent enquiries have been made of staff and management, where applicable, to enable us to make these statements.

ON BEHALF OF THE MEMBERS:




Ivy Marketing Solutions LLP (Registered number: OC441322)

Report of the Members
for the Year Ended 31 March 2024



Mrs L Johnson - Designated member


9 September 2024

Ivy Marketing Solutions LLP (Registered number: OC441322)

Income Statement
for the Year Ended 31 March 2024

Period
8.3.22
Year Ended to
31.3.24 31.3.23
£    £   

TURNOVER 76,933 1,617

Cost of sales 7,171 -
GROSS PROFIT 69,762 1,617

Administrative expenses 3,390 438
OPERATING PROFIT and
PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE
FOR DISCRETIONARY DIVISION
AMONG MEMBERS




66,372




1,179

Ivy Marketing Solutions LLP (Registered number: OC441322)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
CURRENT ASSETS
Debtors 4 65,305 -
Cash at bank 42 2,189
65,347 2,189
CREDITORS
Amounts falling due within one year 5 26,902 1,010
NET CURRENT ASSETS 38,445 1,179
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

38,445

1,179

LOANS AND OTHER DEBTS DUE TO
MEMBERS

6

38,445

1,179

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 38,445 1,179

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 9 September 2024 and were signed by:




Mrs L Johnson - Designated member




M Vurnum - Designated member


Ivy Marketing Solutions LLP (Registered number: OC441322)

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

1. STATUTORY INFORMATION

Ivy Marketing Solutions 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.

3. EMPLOYEE INFORMATION

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 65,305 -

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other creditors 26,902 1,010

6. LOANS AND OTHER DEBTS DUE TO MEMBERS

.