Deliverables LLP
Registered number: OC347984
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 1 1
Current assets
Debtors 4 - -
Cash at bank and in hand 10 10
10 10
Creditors: amounts falling due within one year 5 - -
Net current assets 10 10
Total assets less current liabilities 11 11
Net assets 11 11
Represented by:
Total members' interests
Amounts due from members included in debtors 4 - -
Loans and other debts due to members 6 11 11
11 11
The partnership ceased trading at 31 March 2018.
For the year ended 31 December 2023 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 6 September 2024 and signed on their behalf by:
Mr T Dailey
Designated member
Deliverables LLP
Notes to the Accounts
for the year ended 31 December 2023
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Division of profits
Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account.
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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 33% straight line
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2023 2022
Number Number
Average number of persons employed by the LLP 2 2
3 Tangible fixed assets
Plant and machinery etc Total
£ £
Cost
At 1 January 2023 5,406 5,406
Additions - -
At 31 December 2023 5,406 5,406
Depreciation
At 1 January 2023 5,405 5,405
Charge for the year - -
At 31 December 2023 5,405 5,405
Net book value
At 31 December 2023 1 1
At 31 December 2022 1 1
4 Debtors 2023 2022
£ £
Trade debtors - -
Other debtors - -
- -
5 Creditors: amounts falling due within one year 2023 2022
£ £
Other taxes and social security costs - -
Other creditors - -
- -
6 Loans and other debts due to members 2023 2022
£ £
Amounts due to members in respect of profits 11 11
11 11
7 Controlling party
The LLP is controlled jointly by the members.
8 Other information
Deliverables LLP is a limited liability partnership incorporated in England. Its registered office is:
Selsey
16 Rosebery Avenue
Hampden Park
Eastbourne
BN22 9QA
Deliverables LLP OC347984 false 2023-01-01 2023-12-31 2023-12-31 VT Final Accounts July 2024 Mr T Dailey No description of principal activity OC347984 2022-01-01 2022-12-31 OC347984 core:WithinOneYear 2022-12-31 OC347984 2023-01-01 2023-12-31 OC347984 bus:LimitedLiabilityPartnershipLLP 2023-01-01 2023-12-31 OC347984 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 OC347984 bus:PartnerLLP20 2023-01-01 2023-12-31 OC347984 3 2023-01-01 2023-12-31 OC347984 1 2023-01-01 2023-12-31 OC347984 2 2023-01-01 2023-12-31 OC347984 core:PlantMachinery 2023-01-01 2023-12-31 OC347984 countries:England 2023-01-01 2023-12-31 OC347984 bus:FRS102 2023-01-01 2023-12-31 OC347984 bus:FilletedAccounts 2023-01-01 2023-12-31 OC347984 2023-12-31 OC347984 core:WithinOneYear 2023-12-31 OC347984 core:PlantMachinery 2023-12-31 OC347984 2022-12-31 OC347984 core:PlantMachinery 2022-12-31 iso4217:GBP xbrli:pure