Registered No. OC371205 (England and Wales)
Red Bar Law LLP
Unaudited accounts
for the year ended 31 March 2024
Red Bar Law LLP
LLP Information
for the year ended 31 March 2024
Designated members
Mr Enis Rifat
Registered Number
OC371205 (England and Wales)
Registered Office
Central Court
London
WC2A 1AL
Accountants
Elite Accountants (London) Limited
717 Green Lanes
Winchmore Hill
London
N21 3RX
Red Bar Law LLP
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
11,191
7,899
Creditors: amounts falling due within one year
(7,344)
(2,265)
Net current assets
20,771
12,294
Net assets attributable to members
20,773
12,296
Loans and other debts due to members
20,773
12,296
Loans and other debts due to members
20,773
12,296
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 17 September 2024.
Ms Hatice Suvari
Designated member
Limited Liability Partnership Registration No. OC371205
Red Bar Law 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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% straight line
Computer equipment
33% straight line
Red Bar Law LLP is a limited liability partnership, incorporated in England and Wales, registration number OC371205. Its registered office is Central Court, London, WC2A 1AL.
3
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
342
4,449
4,791
At 31 March 2024
342
4,449
4,791
At 1 April 2023
341
4,448
4,789
At 31 March 2024
341
4,448
4,789
4
Creditors: amounts falling due within one year
2024
2023
Taxes and social security costs
6,405
2,091
Red Bar Law LLP
Notes to the Accounts
for the year ended 31 March 2024
5
Loans and other debts due to members
2024
2023
Loans from members
20,773
12,296
Amounts falling due within one year
20,773
12,296
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: 0).