Acorah Software Products - Accounts Production 15.0.600 false true 31 July 2023 1 August 2022 false 1 August 2023 31 March 2024 31 March 2024 OC428073 Maureen Williams Paul Williams iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC428073 2023-07-31 OC428073 2024-03-31 OC428073 2023-08-01 2024-03-31 OC428073 frs-core:CurrentFinancialInstruments 2024-03-31 OC428073 frs-core:FurnitureFittings 2024-03-31 OC428073 frs-core:FurnitureFittings 2023-08-01 2024-03-31 OC428073 frs-core:FurnitureFittings 2023-07-31 OC428073 frs-core:MotorVehicles 2024-03-31 OC428073 frs-core:MotorVehicles 2023-08-01 2024-03-31 OC428073 frs-core:MotorVehicles 2023-07-31 OC428073 frs-bus:LimitedLiabilityPartnershipLLP 2023-08-01 2024-03-31 OC428073 frs-bus:LimitedLiabilityPartnershipsSORP 2023-08-01 2024-03-31 OC428073 frs-bus:FilletedAccounts 2023-08-01 2024-03-31 OC428073 frs-bus:SmallEntities 2023-08-01 2024-03-31 OC428073 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-03-31 OC428073 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-03-31 OC428073 frs-countries:EnglandWales 2023-08-01 2024-03-31 OC428073 frs-bus:PartnerLLP1 2023-08-01 2024-03-31 OC428073 frs-bus:PartnerLLP2 2023-08-01 2024-03-31 OC428073 2022-07-31 OC428073 2023-07-31 OC428073 2022-08-01 2023-07-31 OC428073 frs-core:CurrentFinancialInstruments 2023-07-31
Registered number: OC428073
Creative Conservatory Blinds LLP
Unaudited Financial Statements
For the Period 1 August 2023 to 31 March 2024
Bruce Allen LLP
Ground floor Suite
Crown House , 40 North Street
Hornchurch
Essex
RM11 1EW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC428073
31 March 2024 31 July 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,073 6,764
5,073 6,764
CURRENT ASSETS
Stocks 5 1,025 1,050
Cash at bank and in hand 1,984 613
3,009 1,663
Creditors: Amounts Falling Due Within One Year 6 (1,044 ) (870 )
NET CURRENT ASSETS (LIABILITIES) 1,965 793
TOTAL ASSETS LESS CURRENT LIABILITIES 7,038 7,557
NET ASSETS ATTRIBUTABLE TO MEMBERS 7,038 7,557
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 40,522 30,729
40,522 30,729
Equity
Members' other interests
Members' capital (42,284) (31,972)
Other reserves 8,800 8,800
(33,484) (23,172)
7,038 7,557
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 40,522 30,729
Members' other interests (33,484) (23,172)
7,038 7,557
Page 1
Page 2
For the period ending 31 March 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)
The members acknowledge their responsibilities for complying with the requirements of the Act (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 LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.
On behalf of the members
Maureen Williams
Designated Member
Paul Williams
Designated Member
24th September 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Creative Conservatory Blinds LLP is a limited liability partnership, incorporated in England & Wales, registered number OC428073 . The Registered Office is Bruce Allen Llp Ground Floor Suite Crown House, 40 North Street, Hornchurch, RM11 1EW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
2.2. 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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% per annum reducing balance
Fixtures & Fittings 25% per annum reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the period was: 2 (2023: 2)
2 2
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 August 2023 17,688 461 18,149
As at 31 March 2024 17,688 461 18,149
Depreciation
As at 1 August 2023 11,054 331 11,385
Provided during the period 1,658 33 1,691
As at 31 March 2024 12,712 364 13,076
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 March 2024 4,976 97 5,073
As at 1 August 2023 6,634 130 6,764
5. Stocks
31 March 2024 31 July 2023
£ £
Materials 1,025 1,050
6. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 July 2023
£ £
Accruals and deferred income 1,044 870
Page 4