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REGISTERED NUMBER: OC365594 (England and Wales)















Report of the Members and

Unaudited Financial Statements for the Year Ended 5 April 2024

for

On Screen LLP

On Screen LLP (Registered number: OC365594)






Contents of the Financial Statements
for the Year Ended 5 April 2024




Page

General Information 1

Report of the Members 2

Report of the Accountants 3

Income Statement 4

Balance Sheet 5

Notes to the Financial Statements 7


On Screen LLP

General Information
for the Year Ended 5 April 2024







DESIGNATED MEMBERS: Mr M Leggett
Ms S D Liborwich
Mr R T Randle
Mr J R Randle





REGISTERED OFFICE: 147a High Street
Waltham Cross
Hertfordshire
EN8 7AP





REGISTERED NUMBER: OC365594 (England and Wales)





ACCOUNTANTS: Thickbroom Coventry Limited
Chartered Accountants
147a High Street
Waltham Cross
Hertfordshire
EN8 7AP

On Screen LLP (Registered number: OC365594)

Report of the Members
for the Year Ended 5 April 2024

The members present their report with the financial statements of the LLP for the year ended 5 April 2024.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the year under review was that of film and television product placement.

DESIGNATED MEMBERS
The designated members during the year under review were:

Mr M Leggett
Ms S D Liborwich
Mr R T Randle
Mr J R Randle

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £247,140 (2023 - £271,162 profit).

MEMBERS' INTERESTS
Members are permitted to take drawings in anticipation of profits which will be allocated to them. The amount of such drawings can be set out at the beginning of each financial year, taking into account the anticipated cash needs of the LLP.

ON BEHALF OF THE MEMBERS:





Mr M Leggett - Designated member


18 September 2024

On Screen LLP

Report of the Accountants to the Members of
On Screen LLP


As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 5 April 2024 set out on pages four to eight and you consider that the LLP is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Thickbroom Coventry Limited
Chartered Accountants
147a High Street
Waltham Cross
Hertfordshire
EN8 7AP


18 September 2024

On Screen LLP (Registered number: OC365594)

Income Statement
for the Year Ended 5 April 2024

2024 2023
Notes £    £   

TURNOVER 473,728 525,297

Cost of sales 182,082 220,779
GROSS PROFIT 291,646 304,518

Administrative expenses 43,677 32,358
OPERATING PROFIT 4 247,969 272,160

Interest receivable and similar
income

206

74
248,175 272,234

Interest payable and similar
expenses

1,035

1,072
PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS'
REMUNERATION AND PROFIT
SHARES



247,140



271,162

PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS'
REMUNERATION AND PROFIT
SHARES



247,140



271,162

Members' remuneration charged as
an expense

5

(247,140

)

(271,162

)
PROFIT FOR THE FINANCIAL YEAR
AVAILABLE FOR DISCRETIONARY
DIVISION AMONG MEMBERS


-


-

On Screen LLP (Registered number: OC365594)

Balance Sheet
5 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 6 55,168 6,638

CURRENT ASSETS
Cash at bank and in hand 125,986 176,189

CREDITORS
Amounts falling due within one year 7 91,637 94,752
NET CURRENT ASSETS 34,349 81,437
TOTAL ASSETS LESS CURRENT
LIABILITIES

89,517

88,075

CREDITORS
Amounts falling due after more than
one year

8

62,916

39,373
NET ASSETS ATTRIBUTABLE TO
MEMBERS

26,601

48,702

LOANS AND OTHER DEBTS DUE TO
MEMBERS

26,601

48,702

TOTAL MEMBERS' INTERESTS
Loans and other debts due to
members

26,601

48,702

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 year ended 5 April 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.

On Screen LLP (Registered number: OC365594)

Balance Sheet - continued
5 April 2024


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

The financial statements were approved by the members of the LLP and authorised for issue on 18 September 2024 and were signed by:





Mr M Leggett - Designated member

On Screen LLP (Registered number: OC365594)

Notes to the Financial Statements
for the Year Ended 5 April 2024

1. STATUTORY INFORMATION

On Screen 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
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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Commercial vehicles - 20% on cost
Computer equipment - 20% on cost

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2023 - NIL).

4. OPERATING PROFIT

The operating profit is stated after charging:

2024 2023
£    £   
Depreciation - owned assets 1,978 1,663

5. INFORMATION IN RELATION TO MEMBERS
2024 2023
£    £   
Members' remuneration charged as an expense
Partners' salaries 247,140 271,162

On Screen LLP (Registered number: OC365594)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

6. TANGIBLE FIXED ASSETS
Plant and Commercial Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 6 April 2023 18,167 - 2,756 20,923
Additions - 36,312 16,391 52,703
Disposals (13,084 ) - - (13,084 )
At 5 April 2024 5,083 36,312 19,147 60,542
DEPRECIATION
At 6 April 2023 12,109 - 2,176 14,285
Charge for year 773 606 599 1,978
Eliminated on disposal (10,889 ) - - (10,889 )
At 5 April 2024 1,993 606 2,775 5,374
NET BOOK VALUE
At 5 April 2024 3,090 35,706 16,372 55,168
At 5 April 2023 6,058 - 580 6,638

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,760 2,902
Hire purchase contracts 5,538 -
Taxation and social security 19,739 29,350
Other creditors 62,600 62,500
91,637 94,752

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 34,755 39,373
Hire purchase contracts 28,161 -
62,916 39,373