Registered number
OC446023
The Parmar Family LLP
Filleted Accounts
28 February 2024
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
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