Company No:
Contents
DESIGNATED MEMBERS | C D Z Martin (Appointed 14 February 2023) |
S E Z Martin (Appointed 14 February 2023) |
REGISTERED OFFICE | 45 Gresham Street |
EC2V 7BG | |
London | |
United Kingdom |
REGISTERED NUMBER | OC445828 (England and Wales) |
ACCOUNTANT | Evelyn Partners LLP |
Onslow House | |
Onslow Street | |
Guildford | |
GU1 4TL |
Note | 31.03.2024 | |
£ | ||
Current assets | ||
Debtors | 4 |
|
Cash at bank and in hand |
|
|
128,573 | ||
Creditors: amounts falling due within one year | 5 | (
|
Net current assets | 116,331 | |
Total assets less current liabilities | 116,331 | |
Net assets attributable to members |
|
|
Represented by | ||
Members' other interests | ||
Members' capital classified as equity | 1,000 | |
Other reserves | 115,331 | |
116,331 | ||
116,331 | ||
Total members' interests | ||
Members' other interests | 116,331 | |
116,331 |
The notes on pages 8 to 10 form part of these financial statements.
Members' responsibilities:
The financial statements of CDZM Associates LLP (registered number:
C D Z Martin
Designated member |
EQUITY Members' other interests |
Total members' interests | |||
---|---|---|---|---|
Members' capital (classified as equity) | Other reserves | Total | Total | |
£ | £ | £ | £ | |
Balance at 14 February 2023 | 0 | 0 | 0 | 0 |
Profit for the financial period available for discretionary division among members | 0 | 115,331 | 115,331 | 115,331 |
Members' interest after profit for the financial period | 0 | 115,331 | 115,331 | 115,331 |
Introduced by members | 1,000 | 0 | 1,000 | 1,000 |
Balance at 31 March 2024 | 1,000 | 115,331 | 116,331 | 116,331 |
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
The notes on pages 8 to 10 form part of these financial statements.
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.
CDZM Associates LLP is a limited liability partnership, limited by member's capital and is registered in England and Wales. The company's registered office address is 45 Gresham Street, London, EC2V 7BG.
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships".
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the LLP's accounting policies (see note 2).
The functional currency of CDZM Associates LLP is considered to be pounds sterling because that is the currency of the primary economic environment in which the LLP operates.
The financial statements have been prepared on a going concern basis.
The members have made an assessment in preparing these financial statements as to whether the LLP is a going concern and have concluded that there are no material uncertainties that may significantly cast doubt on the LLP's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.
Exchange differences are recognised in the Profit and Loss Account in the period in which they arise on monetary items.
Rendering of services
Turnover 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 turnover 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.
to known amounts of cash with insignificant risk of change in value.
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Period from 14.02.2023 to 31.03.2024 |
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Number | |
Monthly average number of persons employed by the LLP, including members, during the period |
|
31.03.2024 | |
£ | |
Other debtors |
|
31.03.2024 | |
£ | |
Trade creditors |
|
Other taxation and social security |
|
Other creditors |
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