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
Registered Number
OC441304 (England and Wales)
Registered Office
UNIT 13 MAIDEN LANE CENTRE
KILNSEA DRIVE, LOWER EARLEY
READING
UNITED KINGDOM
RG6 3HD
ENGLAND
IDEA KITCHEN LLP
Statement of financial position
as at 31 March 2024
Intangible assets
50,400
63,000
Tangible assets
3,834
3,343
Cash at bank and in hand
5,827
304
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
Loans and other debts due to members
88,364
98,668
Other reserves
(13,830)
(19,693)
Loans and other debts due to members
88,364
98,668
Members' other interests
(13,830)
(19,693)
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
IDEA KITCHEN LLP
Notes to the Accounts
for the year ended 31 March 2024
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.
The accounts are presented in £ sterling.
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:
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
Charge for the year
12,600
IDEA KITCHEN LLP
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
3,069
9,826
Taxes and social security costs
7,438
96
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
Amounts falling due within one year
-
10,304
Amounts falling due after more than one year
88,364
88,364
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).