REGISTERED NUMBER: |
Report of the Members and |
Unaudited Financial Statements for the Year Ended 31 March 2024 |
for |
Knee FX LLP |
REGISTERED NUMBER: |
Report of the Members and |
Unaudited Financial Statements for the Year Ended 31 March 2024 |
for |
Knee FX LLP |
Knee FX LLP (Registered number: OC413157) |
Contents of the Financial Statements |
for the Year Ended 31 March 2024 |
Page |
General Information | 1 |
Report of the Members | 2 |
Income Statement | 3 |
Balance Sheet | 4 |
Reconciliation of Members' Interests | 5 |
Notes to the Financial Statements | 7 |
Knee FX LLP |
General Information |
for the Year Ended 31 March 2024 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
SPACES Manchester |
Peter House, Oxford Street |
Manchester |
M1 5AN |
Knee FX LLP (Registered number: OC413157) |
Report of the Members |
for the Year Ended 31 March 2024 |
The members present their report with the financial statements of the LLP for the year ended 31 March 2024. |
PRINCIPAL ACTIVITY |
The principal activity of the LLP in the year under review was that of non-trading LLP. |
DESIGNATED MEMBERS |
The designated members during the year under review were: |
RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS |
The profit for the year before members' remuneration and profit shares was £NIL (2023 - £47,904 profit). |
MEMBERS' INTERESTS |
ON BEHALF OF THE MEMBERS: |
Knee FX LLP (Registered number: OC413157) |
Income Statement |
for the Year Ended 31 March 2024 |
31.3.24 | 31.3.23 |
£ | £ |
TURNOVER |
Administrative expenses |
OPERATING PROFIT and |
PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS |
Knee FX LLP (Registered number: OC413157) |
Balance Sheet |
31 March 2024 |
31.3.24 | 31.3.23 |
£ | £ |
CURRENT ASSETS |
Debtors |
Cash at bank |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
27,646 |
47,904 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
27,646 |
47,904 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members |
27,646 |
47,904 |
Amounts due from members | (27,646 | ) | (27,646 | ) |
- | 20,258 |
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 were approved by the members of the LLP and authorised for issue on |
Knee FX LLP (Registered number: OC413157) |
Reconciliation of Members' Interests |
for the Year Ended 31 March 2024 |
EQUITY | DEBT | TOTAL |
Members' | Loans and other debts due to | MEMBERS' |
other | members less any amounts due | INTERESTS |
interests | from members in debtors |
Other | Other |
reserves | amounts | Total |
£ | £ | £ |
Amount due to members | 47,904 |
Amount due from members | (27,646 | ) |
Balance at 1 April 2023 | - | 20,258 | 20,258 |
Profit for the financial year available for discretionary division among members |
- |
- |
- |
Members' interests after profit for the year |
- |
20,258 |
20,258 |
Drawings on account and distributions of profit |
- |
(20,258 |
) |
(20,258 |
) |
Amount due to members | 27,646 |
Amount due from members | (27,646 | ) |
Balance at 31 March 2024 | - | - | - |
Knee FX LLP (Registered number: OC413157) |
Reconciliation of Members' Interests |
for the Year Ended 31 March 2024 |
EQUITY | DEBT | TOTAL |
Members' | Loans and other debts due to | MEMBERS' |
other | members less any amounts due | INTERESTS |
interests | from members in debtors |
Other | Other |
reserves | amounts | Total |
£ | £ | £ |
Amount due to members | - |
Amount due from members | (27,646 | ) |
Balance at 1 April 2022 | - | (27,646 | ) | (27,646 | ) |
Profit for the financial year available for discretionary division among members |
47,904 |
- |
47,904 |
Members' interests after profit for the year |
47,904 |
(27,646 |
) |
20,258 |
Other divisions of profit | (47,904 | ) | 47,904 | - |
Amount due to members | 47,904 |
Amount due from members | (27,646 | ) |
Balance at 31 March 2023 | - | 20,258 | 20,258 |
Knee FX LLP (Registered number: OC413157) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2024 |
1. | STATUTORY INFORMATION |
Knee FX LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the year was |
4. | ULTIMATE CONTROLLING PARTY |
The controlling party is the members. |