Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-311No description of principal activity2023-04-11falsefalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC446797 2023-04-10 OC446797 2023-04-11 2024-03-31 OC446797 2022-04-11 2023-04-10 OC446797 2024-03-31 OC446797 c:CurrentFinancialInstruments 2024-03-31 OC446797 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC446797 d:FRS102 2023-04-11 2024-03-31 OC446797 d:AuditExempt-NoAccountantsReport 2023-04-11 2024-03-31 OC446797 d:FullAccounts 2023-04-11 2024-03-31 OC446797 d:LimitedLiabilityPartnershipLLP 2023-04-11 2024-03-31 OC446797 2 2023-04-11 2024-03-31 OC446797 d:PartnerLLP1 2023-04-11 2024-03-31 OC446797 c:OtherCapitalInstrumentsClassifiedAsEquity 2024-03-31 OC446797 e:PoundSterling 2023-04-11 2024-03-31 iso4217:GBP xbrli:pure

Registered number: OC446797









EKO ENTERTAINMENT LLP







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
EKO ENTERTAINMENT LLP
REGISTERED NUMBER: OC446797

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
  
999,868

Cash at bank and in hand
  
859,632

  
1,859,500

Creditors: Amounts Falling Due Within One Year
  
(1,422,276)

Net current assets
  
 
 
437,224

Total assets less current liabilities
  
437,224

  

Net assets
  
437,224


Represented by:
  

Loans and other debts due to members within one year
  

Members' other interests
  

Members' capital classified as equity
  
437,224

  
 
437,224

  
437,224


Total members' interests
  

Members' other interests
  
437,224

  
437,224

Page 1

 
EKO ENTERTAINMENT LLP
REGISTERED NUMBER: OC446797
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

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

The entity was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

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

The entity has opted not to file the statement of comprehensive income in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf by: 




................................................
R C Hill
Designated member

Date: 28 October 2024

The notes on pages 4 to 7 form part of these financial statements.

Eko Entertainment LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of Changes in Equity.
Page 2

 
EKO ENTERTAINMENT LLP
 

RECONCILIATION OF MEMBERS' INTERESTS
FOR THE PERIOD ENDED 31 MARCH 2024




EQUITY
Members' other interests
Members' capital (classified as equity)
Total

£
£

Balance at 10 April 2023
-
-

Other division of profits
744,211
744,211

Repayment of capital
(306,987)
(306,987)

Balance at 31 March 2024 
437,224
437,224

There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests.

Page 3

 
EKO ENTERTAINMENT LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Eko Entertainment LLP is a limited liability partnership, incorporated in England & Wales. The registered office is 101 New Cavendish Street, London W1W 6XH and the company number can be found on the Company Information page.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The LLP's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 4

 
EKO ENTERTAINMENT LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the LLP and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the LLP will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense in .

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 5

 
EKO ENTERTAINMENT LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the period was 1.


4.


Debtors

2024
£


Trade debtors
542,105

Other debtors
65,763

Prepayments and accrued income
392,000

999,868



5.


Cash and cash equivalents

2024
£

Cash at bank and in hand
859,632

859,632


Page 6

 
EKO ENTERTAINMENT LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

6.


Creditors: Amounts falling due within one year

2024
£

Trade creditors
87,713

Other creditors
875,315

Accruals and deferred income
459,248

1,422,276


 
Page 7