REGISTERED NUMBER: |
Report of the Members and |
Unaudited Financial Statements for the Period 2 February 2023 to 31 March 2024 |
for |
Coast Path Cabins LLP |
REGISTERED NUMBER: |
Report of the Members and |
Unaudited Financial Statements for the Period 2 February 2023 to 31 March 2024 |
for |
Coast Path Cabins LLP |
Coast Path Cabins LLP (Registered number: OC445544) |
Contents of the Financial Statements |
for the Period 2 February 2023 to 31 March 2024 |
Page |
General Information | 1 |
Report of the Members | 2 |
Income Statement | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 6 |
Coast Path Cabins LLP |
General Information |
for the Period 2 February 2023 to 31 March 2024 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANT: |
5 Pellew Arcade |
Teignmouth |
Devon |
TQ14 8EB |
Coast Path Cabins LLP (Registered number: OC445544) |
Report of the Members |
for the Period 2 February 2023 to 31 March 2024 |
The members present their report with the financial statements of the LLP for the period 2 February 2023 to 31 March 2024. |
INCORPORATION |
The LLP was incorporated on 26 January 2023 and commenced trading on 1 February 2023. |
PRINCIPAL ACTIVITY |
The principal activity of the LLP in the period under review was that of land and property developments. |
DESIGNATED MEMBERS |
The designated members during the period under review were: |
RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS |
The loss for the period before members' remuneration and profit shares was £1,626. |
MEMBERS' INTERESTS |
ON BEHALF OF THE MEMBERS: |
Coast Path Cabins LLP (Registered number: OC445544) |
Income Statement |
for the Period 2 February 2023 to 31 March 2024 |
Notes | £ |
TURNOVER |
Administrative expenses |
OPERATING LOSS and |
LOSS FOR THE FINANCIAL PERIOD BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES |
(1,626 |
) |
LOSS FOR THE FINANCIAL PERIOD BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES |
(1,626 |
) |
Members' remuneration charged as an expense |
4 |
1,626 |
PROFIT FOR THE FINANCIAL PERIOD AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS |
Coast Path Cabins LLP (Registered number: OC445544) |
Balance Sheet |
31 March 2024 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
52,674 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
8 |
50,000 |
MEMBERS' OTHER INTERESTS |
Capital accounts | 2,674 |
52,674 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 8 | 50,000 |
Members' other interests | 2,674 |
52,674 |
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. |
Coast Path Cabins LLP (Registered number: OC445544) |
Balance Sheet - continued |
31 March 2024 |
The financial statements were approved by the members of the LLP and authorised for issue on |
Coast Path Cabins LLP (Registered number: OC445544) |
Notes to the Financial Statements |
for the Period 2 February 2023 to 31 March 2024 |
1. | STATUTORY INFORMATION |
Coast Path Cabins 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 |
Tangible fixed assets |
3. | EMPLOYEE INFORMATION |
The average number of employees, including members with contracts of employment, during the period was NIL. |
4. | INFORMATION IN RELATION TO MEMBERS |
£ |
Members' remuneration charged as an expense |
Remuneration paid under an employment contract |
(1,626 |
) |
5. | TANGIBLE FIXED ASSETS |
Land and |
buildings |
£ |
COST |
Additions |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Coast Path Cabins LLP (Registered number: OC445544) |
Notes to the Financial Statements - continued |
for the Period 2 February 2023 to 31 March 2024 |
8. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
The loans by members would rank equally with any other unsecured creditors in the event of a winding up. |
The above cannot be revoked by the members to enable protection to other unsecured creditors. |
There are no restrictions on the ability of the members to reduce the amount of ‘members’ other interests’ |