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REGISTERED NUMBER: OC397481 (England and Wales)















Unaudited Financial Statements

for the Period 1 January 2023 to 31 March 2024

for

rgp (services) LLP

rgp (services) LLP (Registered number: OC397481)






Contents of the Financial Statements
for the Period 1 January 2023 to 31 March 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 3


rgp (services) LLP

General Information
for the Period 1 January 2023 to 31 March 2024







DESIGNATED MEMBERS: J N Badley
R A Woolston
M J Dale





REGISTERED OFFICE: 71 Princess Road West
Leicester
LE1 6TR





REGISTERED NUMBER: OC397481 (England and Wales)

rgp (services) LLP (Registered number: OC397481)

Balance Sheet
31 March 2024

2024 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 267,151 33,677
Cash at bank 5 7,179 11,195
274,330 44,872
CREDITORS
Amounts falling due within one year 6 260,360 30,939
NET CURRENT ASSETS 13,970 13,933
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

13,970

13,933

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

13,970

13,933

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 13,970 13,933

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the period ended 31 March 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 17 September 2024 and were signed by:





M J Dale - Designated member

rgp (services) LLP (Registered number: OC397481)

Notes to the Financial Statements
for the Period 1 January 2023 to 31 March 2024

1. STATUTORY INFORMATION

rgp (services) LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

The LLP has changed its accounting reference date from 31 December to 31 March, resulting in the financial statements being presented for a period longer than one year. This is to align the LLP's accounting reference date with the end of the tax year.

Therefore, the amounts presented in the financial statements are not entirely comparable.

Turnover
Turnover is recognised to the extent that is probable that the economic benefits will flow to the LLP and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

> the amount of turnover can be measured reliably;
> it is probable that the LLP will receive the consideration due under the contract;
> the stage of completion of the contract at the end of the reporting period can be measured reliably; and
> the costs incurred and the costs to complete the contract can be measured reliably.

Financial instruments
The LLP only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties,loans to related parties and investments in ordinary shares.

Pension costs and other post-retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEE INFORMATION

The average number of employees during the period was 47 (2022 - 15 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Other debtors 267,151 33,677

rgp (services) LLP (Registered number: OC397481)

Notes to the Financial Statements - continued
for the Period 1 January 2023 to 31 March 2024

5. CASH AT BANK
2024 2022
£    £   
Bank account no. 1 7,179 11,195

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Trade creditors 7,726 1,309
Taxation and social security 223,457 27,830
Other creditors 29,177 1,800
260,360 30,939

7. LOANS AND OTHER DEBTS DUE TO MEMBERS
2024 2022
£    £   
Amounts owed to members in respect of profits 13,970 13,933

Falling due within one year 13,970 13,933

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.