1 January 2023 false No description of principal activity Taxfiler 2024.5 OC365208business:LimitedLiabilityPartnershipLLP2023-01-012023-12-31 OC3652082022-12-31 OC3652082023-01-012023-12-31 OC365208business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 OC365208business:FullAccounts2023-01-012023-12-31 OC3652082023-12-31 OC365208business:PartnerLLP12023-01-012023-12-31 OC365208business:PartnerLLP22023-01-012023-12-31 OC365208business:RegisteredOffice2023-01-012023-12-31 OC3652082022-12-31 OC365208core:WithinOneYear2023-12-31 OC365208core:WithinOneYear2022-12-31 OC365208core:AfterOneYear2023-12-31 OC365208core:AfterOneYear2022-12-31 OC365208core:ShareCapital2023-12-31 OC365208core:ShareCapital2022-12-31 OC365208core:RetainedEarningsAccumulatedLosses2023-12-31 OC365208core:RetainedEarningsAccumulatedLosses2022-12-31 OC365208business:SmallEntities2023-01-012023-12-31 OC365208countries:EnglandWales2023-01-012023-12-31 OC365208core:Goodwill2022-12-31 OC365208core:Goodwill2023-12-31 OC365208core:Goodwill2023-01-012023-12-31 OC3652082022-01-012022-12-31 iso4217:GBP xbrli:pure
Registered No. OC365208 (England and Wales)
PPIP LLP Unaudited accounts for the year ended 31 December 2023
PPIP LLP LLP Information for the year ended 31 December 2023
Designated members
Bryn Robert Gwyn Morrow
Peggy Maria Blandine Morrow
Registered Number
OC365208 (England and Wales)
Registered Office
32 Maddison Studios 101 Amies St London SW11 2JW England
Accountants
Williams Stanley and Co
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PPIP LLP Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
4,442 
4,996 
Current assets
Debtors
54,862 
149,009 
Cash at bank and in hand
57,014 
80,760 
111,876 
229,769 
Creditors: amounts falling due within one year
(16,772)
(48,363)
Net current assets
95,104 
181,406 
Total assets less current liabilities
99,546 
186,402 
Creditors: amounts falling due after more than one year
(142,352)
(154,397)
Net (liabilities)/assets attributable to members
(42,806)
32,005 
Represented by:
Loans and other debts due to members
(39,916)
(44,644)
Members' other interests
Members' capital classified as equity
44,462 
44,462 
Other reserves
(47,352)
32,187 
(2,890)
76,649 
(42,806)
32,005 
Total members' interests
Loans and other debts due to members
(39,916)
(44,644)
Members' other interests
(2,890)
76,649 
(42,806)
32,005 
For the year ending 31 December 2023 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small 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.
These 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.
Approved by the members on 9 October 2024.
Bryn Robert Gwyn Morrow Designated member Limited Liability Partnership Registration No. OC365208
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PPIP 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.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
2
Statutory information
PPIP LLP is a limited liability partnership, incorporated in England and Wales, registration number OC365208. Its registered office is 32 Maddison Studios, 101 Amies St, London, SW11 2JW, England.
3
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2023
11,090 
At 31 December 2023
11,090 
Amortisation
At 1 January 2023
6,094 
Charge for the year
554 
At 31 December 2023
6,648 
Net book value
At 31 December 2023
4,442 
At 31 December 2022
4,996 
4
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
14,772 
46,363 
Accruals
2,000 
2,000 
16,772 
48,363 
5
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
13,011 
19,198 
Amounts owed to group undertakings and other participating interests
129,341 
135,199 
142,352 
154,397 
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PPIP LLP Notes to the Accounts for the year ended 31 December 2023
6
Loans and other debts due to members
2023 
2022 
£ 
£ 
Amounts due to members in respect of profits
(39,916)
(44,644)
Amounts falling due within one year
(39,916)
(44,644)
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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