The Parmar Family LLP |
Registered number: |
OC446023 |
Balance Sheet |
as at 28 February 2024 |
Notes |
|
2024 |
|
£ |
|
Fixed assets |
Investments |
3 |
|
20,706 |
|
|
Net current assets |
|
|
- |
|
|
|
|
|
|
Total assets less current liabilities |
|
|
20,706 |
|
|
|
Net assets attributable to members |
20,706 |
|
|
|
|
|
|
Represented by: |
|
|
|
|
|
Members' other interests |
Members' capital classified as equity |
|
|
20,706 |
Other reserves |
|
|
- |
|
|
|
20,706 |
|
|
|
|
|
|
|
|
|
20,706 |
|
|
|
|
|
|
Total members' interests |
Members' other interests |
|
|
20,706 |
|
|
|
|
20,706 |
|
|
|
|
|
|
For the period ended 28 February 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 17 September 2024 and signed on their behalf by: |
|
|
Niam Parmar |
Designated member |
|
The Parmar Family LLP |
Notes to the Accounts |
for the period from 27 February 2023 to 28 February 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. |
|
|
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. |
|
|
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. |
|
|
2 |
Employees |
2024 |
|
Number |
|
|
|
Average number of persons employed by the LLP |
0 |
|
|
|
|
|
|
|
|
|
3 |
Fixed asset investments |
|
Other |
investments |
£ |
|
Cost |
|
Additions |
20,706 |
|
Revaluation |
- |
|
|
At 28 February 2024 |
20,706 |
|
|
4 |
Other information |
|
|
The Parmar Family LLP is a limited liability partnership incorporated in England. Its registered office is: |
|
30 Millstone Way |
|
Harpenden |
|
Hertfordshire |
|
AL5 5FE |