IRIS Accounts Production v24.3.0.553 OC434960 designated member designated member 1.2.23 31.1.24 31.1.24 0 0 false true false false true false 0 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC4349602023-01-31OC4349602024-01-31OC4349602023-02-012024-01-31OC4349602022-01-31OC4349602022-02-012023-01-31OC4349602023-01-31OC434960ns15:EnglandWales2023-02-012024-01-31OC434960ns14:PoundSterling2023-02-012024-01-31OC434960ns10:PartnerLLP12023-02-012024-01-31OC434960ns10:PartnerLLP22023-02-012024-01-31OC434960ns10:LimitedLiabilityPartnershipLLP2023-02-012024-01-31OC434960ns10:SmallEntities2023-02-012024-01-31OC434960ns10:AuditExemptWithAccountantsReport2023-02-012024-01-31OC434960ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-31OC434960ns10:LimitedLiabilityPartnershipsSORP2023-02-012024-01-31OC434960ns10:FullAccounts2023-02-012024-01-31OC434960ns10:RegisteredOffice2023-02-012024-01-31OC434960ns5:CurrentFinancialInstruments2024-01-31OC434960ns5:CurrentFinancialInstruments2023-01-31
REGISTERED NUMBER: OC434960 (England and Wales)















ART & MUSIC BOOKS LLP

REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024






ART & MUSIC BOOKS LLP (REGISTERED NUMBER: OC434960)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


ART & MUSIC BOOKS LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DESIGNATED MEMBERS: Ms G de Cruz
Ms D McGinnis





REGISTERED OFFICE: 123a South Lambeth Road
London
SW8 1XA





REGISTERED NUMBER: OC434960 (England and Wales)





ACCOUNTANTS: Spurling Cannon
Chartered Certified Accountants
424 Margate Road
Westwood
Ramsgate
Kent
CT12 6SJ

ART & MUSIC BOOKS LLP (REGISTERED NUMBER: OC434960)

REPORT OF THE MEMBERS
FOR THE YEAR ENDED 31 JANUARY 2024

The members present their report with the financial statements of the LLP for the year ended 31 January 2024.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the year under review was that of art and music publications.

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

Ms G de Cruz
Ms D McGinnis

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The loss for the year before members' remuneration and profit shares was £496 (2023 - £2,177 loss).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





Ms G de Cruz - Designated member


21 October 2024

ART & MUSIC BOOKS LLP (REGISTERED NUMBER: OC434960)

INCOME STATEMENT
FOR THE YEAR ENDED 31 JANUARY 2024

2024 2023
£    £   

TURNOVER 223 707

Cost of sales - (2,134 )
GROSS PROFIT/(LOSS) 223 (1,427 )

Administrative expenses (726 ) (750 )
(503 ) (2,177 )

Other operating income 7 -
OPERATING LOSS and
LOSS FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE
FOR DISCRETIONARY DIVISION
AMONG MEMBERS




(496




)




(2,177




)

ART & MUSIC BOOKS LLP (REGISTERED NUMBER: OC434960)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 1,273 901
Cash at bank - 323
1,273 1,224
CREDITORS
Amounts falling due within one year 4 (396 ) (396 )
NET CURRENT ASSETS 877 828
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

877

828

LOANS AND OTHER DEBTS DUE TO
MEMBERS

5

877

828

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 5 877 828
Amounts due from members (1,273 ) (901 )
(396 ) (73 )

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 31 January 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.

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 21 October 2024 and were signed by:





Ms G de Cruz - Designated member

ART & MUSIC BOOKS LLP (REGISTERED NUMBER: OC434960)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Art & Music Books 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.

3. EMPLOYEE INFORMATION

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

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Accrued expenses 396 396

5. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members are unsecured and would rank pari passu with other unsecured creditors in the event of a winding up.