REGISTERED NUMBER: |
REPORT OF THE MEMBERS AND |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 5 APRIL 2024 |
FOR |
WOOD AND FABRIC BEDS LLP |
REGISTERED NUMBER: |
REPORT OF THE MEMBERS AND |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 5 APRIL 2024 |
FOR |
WOOD AND FABRIC BEDS LLP |
WOOD AND FABRIC BEDS LLP (REGISTERED NUMBER: OC430249) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 5 APRIL 2024 |
Page |
General Information | 1 |
Report of the Members | 2 |
Income Statement | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 5 |
WOOD AND FABRIC BEDS LLP |
GENERAL INFORMATION |
FOR THE YEAR ENDED 5 APRIL 2024 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
107 Bell Street |
London |
NW1 6TL |
WOOD AND FABRIC BEDS LLP (REGISTERED NUMBER: OC430249) |
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 |
Supplying services. |
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 £384,779 (2023 - £383,491 profit). |
MEMBERS' INTERESTS |
Anyone admitted as a further Member after the Effective Date shall contribute such amount of Capital as is determined by the Members and that new Member acquires a share in the LLP in accordance with the amount or value of that contribution. |
The Members shall share any profits or losses of a capital nature, as certified by the Accountants, in the same proportions in which they share contributions to Capital. |
The LLP shall not be obliged to pay interest on the Capital unless agreed by the Members. |
ON BEHALF OF THE MEMBERS: |
WOOD AND FABRIC BEDS LLP (REGISTERED NUMBER: OC430249) |
INCOME STATEMENT |
FOR THE YEAR ENDED 5 APRIL 2024 |
5.4.24 | 5.4.23 |
Notes | £ | £ |
TURNOVER |
Cost of sales |
GROSS PROFIT |
Administrative expenses |
OPERATING PROFIT |
Interest payable and similar expenses |
PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS |
WOOD AND FABRIC BEDS LLP (REGISTERED NUMBER: OC430249) |
BALANCE SHEET |
5 APRIL 2024 |
5.4.24 | 5.4.23 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
29,295 |
25,103 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
7 |
29,295 |
25,103 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 7 | 29,295 | 25,103 |
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 |
WOOD AND FABRIC BEDS LLP (REGISTERED NUMBER: OC430249) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 5 APRIL 2024 |
1. | STATUTORY INFORMATION |
Wood And Fabric Beds 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 NIL (2023 - NIL). |
4. | INFORMATION IN RELATION TO MEMBERS |
5.4.24 | 5.4.23 |
The average number of members during the year was | 13 | 13 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
5.4.24 | 5.4.23 |
£ | £ |
Trade debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
5.4.24 | 5.4.23 |
£ | £ |
Trade creditors |
VAT | 24,782 | 14,919 |
Other creditors |
Accrued expenses |
WOOD AND FABRIC BEDS LLP (REGISTERED NUMBER: OC430249) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 5 APRIL 2024 |
7. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
5.4.24 | 5.4.23 |
£ | £ |
Loans from members | 18,100 | 18,100 |
Amounts owed to members in respect of profits | 11,195 | 7,003 |
29,295 | 25,103 |
Falling due within one year | 29,295 | 25,103 |
R Ribinskas has lent to the LLP the sum of £10,000 as initial working capital. Such loan is repayable on demand, unsecured, and shall not bear interest. |
In the event that the loan made by R. Ribinskas remains outstanding in whole or in part upon his ceasing to be a Member, the full balance of such loan shall be paid to him on the date of cessation as a Member. |