Registered No. OC432565 (England and Wales)
XYZ Productions LLP
Unaudited accounts
for the year ended 31 March 2024
XYZ Productions LLP
LLP Information
for the year ended 31 March 2024
Designated members
M.K.E Ladzepko
Registered Number
OC432565 (England and Wales)
Registered Office
7 Bell Yard
London
WC2A 2JR
Accountants
Barnes & Scott
86-90 Paul Street
Shoreditch
London
EC2A 4NE
XYZ Productions LLP
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
1,045,007
126,465
Creditors: amounts falling due within one year
(5,016)
(5,016)
Net current assets
1,628,440
635,941
Net assets attributable to members
1,660,290
667,791
Members' capital classified as equity
2,538,000
1,269,000
Other reserves
(877,710)
(601,209)
Members' other interests
1,660,290
667,791
For the year ending 31 March 2024 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 5 November 2024.
M.K.E Ladzepko
Designated member
Limited Liability Partnership Registration No. OC432565
XYZ Productions LLP
Notes to the Accounts
for the year ended 31 March 2024
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.
The accounts are presented in £ sterling.
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense.
Members' shares in the profit or loss for the year are accounted for as an allocation of profits. Unallocated profits and losses are included within 'other reserves'.
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
Transactions in foreign currencies are recorded using the rate of exchange ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated using the rate of exchange ruling at the balance sheet date and the gains or losses on translation are included in the profit and loss account.
The LLP operates a defined contribution scheme for the benefit of its employees. Contributions are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
XYZ Productions LLP is a limited liability partnership, incorporated in England and Wales, registration number OC432565. Its registered office is 7 Bell Yard, London, WC2A 2JR.
3
Investments
Subsidiary undertakings
4
Creditors: amounts falling due within one year
2024
2023
Other creditors
5,016
5,016
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 1 (2023: 2).