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UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1ST JANUARY 2023 TO 31ST MARCH 2024

FOR

IRRIG8ION DEPOT LLP

IRRIG8ION DEPOT LLP (REGISTERED NUMBER: OC362065)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST JANUARY 2023 TO 31ST MARCH 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


IRRIG8ION DEPOT LLP

GENERAL INFORMATION
FOR THE PERIOD 1ST JANUARY 2023 TO 31ST MARCH 2024







DESIGNATED MEMBERS: C J Clark
R M Callaway
Mrs S L Callaway
Mrs S Clark





REGISTERED OFFICE: Kingmere 34 South Terrace
Littlehampton
West Sussex
BN17 5LD





REGISTERED NUMBER: OC362065 (England and Wales)





ACCOUNTANTS: Evans Weir
The Victoria
25 St Pancras
Chichester
West Sussex
PO19 7LT

IRRIG8ION DEPOT LLP (REGISTERED NUMBER: OC362065)

BALANCE SHEET
31ST MARCH 2024

2024 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 741 1,481
741 1,481

CURRENT ASSETS
Stocks 162,868 123,424
Debtors 6 149,980 144,589
Cash at bank and in hand 24,343 12,672
337,191 280,685
CREDITORS
Amounts falling due within one year 7 337,532 281,766
NET CURRENT LIABILITIES (341 ) (1,081 )
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

400

400

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

MEMBERS' OTHER INTERESTS
Capital accounts 400 400
400 400

TOTAL MEMBERS' INTERESTS
Members' other interests 400 400
Amounts due from members 6 (89,875 ) (119,603 )
(89,475 ) (119,203 )

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 period ended 31st 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.

IRRIG8ION DEPOT LLP (REGISTERED NUMBER: OC362065)

BALANCE SHEET - continued
31ST MARCH 2024


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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 16th August 2024 and were signed by:




C J Clark - Designated member




Mrs S L Callaway - Designated member


IRRIG8ION DEPOT LLP (REGISTERED NUMBER: OC362065)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST JANUARY 2023 TO 31ST MARCH 2024

1. STATUTORY INFORMATION

Irrig8ion Depot 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - Straight line over 3 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEE INFORMATION

The average number of employees during the period was NIL (2022 - NIL).

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1st January 2023
and 31st March 2024 41,280
AMORTISATION
At 1st January 2023
and 31st March 2024 41,280
NET BOOK VALUE
At 31st March 2024 -
At 31st December 2022 -

IRRIG8ION DEPOT LLP (REGISTERED NUMBER: OC362065)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST JANUARY 2023 TO 31ST MARCH 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st January 2023
and 31st March 2024 18,297
DEPRECIATION
At 1st January 2023 16,816
Charge for period 740
At 31st March 2024 17,556
NET BOOK VALUE
At 31st March 2024 741
At 31st December 2022 1,481

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Trade debtors 50,892 15,493
Other debtors 99,088 129,096
149,980 144,589

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Trade creditors 95,055 40,649
Other creditors 242,477 241,117
337,532 281,766