1 April 2023 false No description of principal activity Taxfiler 2024.5 OC441304business:LimitedLiabilityPartnershipLLP2023-04-012024-03-31 OC4413042023-03-31 OC4413042023-04-012024-03-31 OC441304business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 OC441304business:FullAccounts2023-04-012024-03-31 OC4413042024-03-31 OC441304business:PartnerLLP12023-04-012024-03-31 OC441304business:PartnerLLP22023-04-012024-03-31 OC441304business:RegisteredOffice2023-04-012024-03-31 OC4413042023-03-31 OC441304core:WithinOneYear2024-03-31 OC441304core:WithinOneYear2023-03-31 OC441304core:RetainedEarningsAccumulatedLosses2024-03-31 OC441304core:RetainedEarningsAccumulatedLosses2023-03-31 OC441304business:SmallEntities2023-04-012024-03-31 OC441304core:PlantMachinery2023-04-012024-03-31 OC441304core:FurnitureFittings2023-04-012024-03-31 OC441304countries:EnglandWales2023-04-012024-03-31 OC441304core:IntangibleAssetsOtherThanGoodwill2023-03-31 OC441304core:IntangibleAssetsOtherThanGoodwill2024-03-31 OC441304core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-31 OC441304core:PlantMachinery2023-03-31 OC441304core:PlantMachinery2024-03-31 OC4413042022-03-042023-03-31 iso4217:GBP xbrli:pure
Registered No. OC441304 (England and Wales)
IDEA KITCHEN LLP Unaudited accounts for the year ended 31 March 2024
IDEA KITCHEN LLP LLP Information for the year ended 31 March 2024
Designated members
Wai On Paul LO
Wai Lun TAM
Registered Number
OC441304 (England and Wales)
Registered Office
UNIT 13 MAIDEN LANE CENTRE KILNSEA DRIVE, LOWER EARLEY READING UNITED KINGDOM RG6 3HD ENGLAND
- 2 -
IDEA KITCHEN LLP Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
50,400 
63,000 
Tangible assets
3,834 
3,343 
54,234 
66,343 
Current assets
Inventories
5,600 
5,600 
Debtors
19,380 
16,650 
Cash at bank and in hand
5,827 
304 
30,807 
22,554 
Creditors: amounts falling due within one year
(10,507)
(9,922)
Net current assets
20,300 
12,632 
Net assets attributable to members
74,534 
78,975 
Represented by:
Loans and other debts due to members
88,364 
98,668 
Members' other interests
Other reserves
(13,830)
(19,693)
74,534 
78,975 
Total members' interests
Loans and other debts due to members
88,364 
98,668 
Members' other interests
(13,830)
(19,693)
74,534 
78,975 
For the year ending 31 March 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 12 September 2024.
Wai On Paul LO Designated member Limited Liability Partnership Registration No. OC441304
- 3 -
IDEA KITCHEN LLP Notes to the Accounts for the year ended 31 March 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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Plant & machinery
18%
Fixtures & fittings
18%
2
Statutory information
IDEA KITCHEN LLP is a limited liability partnership, incorporated in England and Wales, registration number OC441304. Its registered office is UNIT 13 MAIDEN LANE CENTRE, KILNSEA DRIVE, LOWER EARLEY, READING, UNITED KINGDOM, RG6 3HD, ENGLAND.
3
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2023
63,000 
At 31 March 2024
63,000 
Amortisation
At 1 April 2023
- 
Charge for the year
12,600 
At 31 March 2024
12,600 
Net book value
At 31 March 2024
50,400 
At 31 March 2023
63,000 
- 4 -
IDEA KITCHEN LLP Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
4,077 
Additions
1,333 
At 31 March 2024
5,410 
Depreciation
At 1 April 2023
734 
Charge for the year
842 
At 31 March 2024
1,576 
Net book value
At 31 March 2024
3,834 
At 31 March 2023
3,343 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
3,069 
9,826 
Taxes and social security costs
7,438 
96 
10,507 
9,922 
6
Loans and other debts due to members
2024 
2023 
£ 
£ 
Members' capital classified as a liability
88,364 
88,364 
Amounts due to members in respect of profits
10,304 
88,364 
98,668 
Amounts falling due within one year
10,304 
Amounts falling due after more than one year
88,364 
88,364 
88,364 
98,668 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the year the average number of employees was 4 (2023: 2).
- 5 -