1 June 2023 false No description of principal activity Taxfiler 2024.5 OC411917business:LimitedLiabilityPartnershipLLP2023-06-012024-05-31 OC4119172023-05-31 OC4119172023-06-012024-05-31 OC411917business:AuditExempt-NoAccountantsReport2023-06-012024-05-31 OC411917business:FullAccounts2023-06-012024-05-31 OC4119172024-05-31 OC411917business:PartnerLLP12023-06-012024-05-31 OC411917business:PartnerLLP22023-06-012024-05-31 OC411917business:RegisteredOffice2023-06-012024-05-31 OC4119172023-05-31 OC411917core:AfterOneYear2024-05-31 OC411917core:AfterOneYear2023-05-31 OC411917core:RetainedEarningsAccumulatedLosses2024-05-31 OC411917core:RetainedEarningsAccumulatedLosses2023-05-31 OC411917business:SmallEntities2023-06-012024-05-31 OC411917core:FurnitureFittings2023-06-012024-05-31 OC411917core:ComputerEquipment2023-06-012024-05-31 OC411917countries:EnglandWales2023-06-012024-05-31 OC411917core:FurnitureFittings2023-05-31 OC411917core:ComputerEquipment2023-05-31 OC411917core:FurnitureFittings2024-05-31 OC411917core:ComputerEquipment2024-05-31 OC4119172022-06-012023-05-31 iso4217:GBP xbrli:pure
Registered No. OC411917 (England and Wales)
CYP First LLP Unaudited accounts for the year ended 31 May 2024
CYP First LLP LLP Information for the year ended 31 May 2024
Designated members
Mrs Helen Matthews
Mr Andrew Thompson
Registered Number
OC411917 (England and Wales)
Registered Office
27 OLD GLOUCESTER STREET LONDON WC1N 3AX UNITED KINGDOM
Accountants
Wood Accountancy Services 79 Holly Lane Walsall Wood Walsall West Midlands WS9 9JQ
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CYP First LLP Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
1,238 
Net current assets
- 
- 
Total assets less current liabilities
- 
1,238 
Creditors: amounts falling due after more than one year
(460)
- 
Net (liabilities)/assets attributable to members
(460)
1,238 
Represented by:
Loans and other debts due to members
(271,902)
(189,472)
Members' other interests
Other reserves
271,442 
190,710 
(460)
1,238 
Total members' interests
Loans and other debts due to members
(271,902)
(189,472)
Members' other interests
271,442 
190,710 
(460)
1,238 
For the year ending 31 May 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small 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.
These 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.
Approved by the members on 20 September 2024.
Mrs Helen Matthews Designated member Limited Liability Partnership Registration No. OC411917
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CYP First LLP Notes to the Accounts for the year ended 31 May 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.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
2
Statutory information
CYP First LLP is a limited liability partnership, incorporated in England and Wales, registration number OC411917. Its registered office is 27 OLD GLOUCESTER STREET, LONDON, WC1N 3AX, UNITED KINGDOM.
3
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
900 
6,070 
6,970 
At 31 May 2024
900 
6,070 
6,970 
Depreciation
At 1 June 2023
675 
5,057 
5,732 
Charge for the year
225 
1,013 
1,238 
At 31 May 2024
900 
6,070 
6,970 
Net book value
At 31 May 2024
- 
- 
- 
At 31 May 2023
225 
1,013 
1,238 
4
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Accruals
460 
- 
5
Loans and other debts due to members
2024 
2023 
£ 
£ 
Amounts due to members in respect of profits
(271,902)
(189,472)
Amounts falling due within one year
(271,902)
(189,472)
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
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CYP First LLP Notes to the Accounts for the year ended 31 May 2024
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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