Registered Number:OC399381 |
For the year ended 31 March 2024
England and Wales
Report of the Members and Unaudited Financial Statements
VXBRISTOL LLP
Statement of Financial Position
2023
2024
Property, plant and equipment |
1,096
1,461
3
1,096
1,461
5,459
5,238
Trade and other receivables |
3,000
3,000
4
5,073
6,937
Cash and cash equivalents |
13,311
15,396
Trade and other payables: amounts falling due within one |
year |
(5,205)
(5,124)
5
10,191
8,187
Net current assets
Total assets less current liabilities |
9,283
11,652
9,283
Net assets attributable to members
11,652
Loans and other debts due to members |
21,213
23,015
6
(2,369)
(11,363)
(2,369)
(11,363)
18,844
11,652
(9,561)
-
Loans and other debts due to members |
21,213
23,015
6
(2,369)
(11,363)
9,283
11,652
For the year ended 31 March 2024 the LLP 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 relating to small LLPs. |
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 affair of the LLP as at the end of each |
financial year and of its profit or loss for each 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 |
Liabilities Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to the |
financial statements, so far as applicable to the LLP |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements are prepared in accordance with the provisions applicable to LLP's subject to the small LLP's regime. |
For the year ended 31 March 2024
VXBRISTOL LLP
Statement of Financial Position Continued
SSOV LTDDesignated Member |
These financial statements were approved by the members on 18 October 2024 and signed on their behalf by:
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For the year ended 31 March 2024
VXBRISTOL LLP
Notes to the Financial Statements
Statutory Information
VXBRISTOL LLP is a limited liability partnership, domiciled in England and Wales, registration number OC399381. |
123 East Street
Bedminster
Bristol
BS3 4ER
The presentation currency is £ sterling. |
Basis of preparation
The report and financial statements for the year ended 31 March 2024 have been prepared under the historical cost |
convention and in accordance with the Section 1A of Financial Reporting Standard 102 'The Financial Reporting |
Standard applicable in the UK and Republic of Ireland' and the Statement of Recommended Practice "Accounting by |
Limited Liability Partnerships". |
Turnover
Turnover comprises the value of sales (excluding VAT and similar taxes and trade discounts) of goods and services in the normal course of business. |
Depreciation of tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:Plant&Machinery 25% reducing balance. |
Stock
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
2. Information in relation to members |
2024
2023
Paid under employment contract |
18,121
29,600
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For the year ended 31 March 2024
VXBRISTOL LLP
Notes to the Financial Statements Continued
3. Property, plant and equipment |
8,156
8,156
Provision for depreciation and impairment |
6,695
Charge for year
365
7,060
1,096
1,461
4. Trade and other receivables |
2024
2023
Prepayments & accrued income |
3,000
3,000
3,000
3,000
5. Trade and other payables: amounts falling due within one year |
2023
2024
1,254
636
Taxation and social security |
3,870
4,569
5,124
5,205
6. Loans and other debts due to members |
2023
2024
21,213
21,213
Amounts due to members in respect of profits |
-
1,802
21,213
23,015
7. Average number of persons employed |
During the year the average number of employees was 9 (2023 : 13)
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