REGISTERED NUMBER: |
Financial Statements for the Period 1 August 2023 to 31 March 2024 |
for |
Trade Magic Projects LLP |
REGISTERED NUMBER: |
Financial Statements for the Period 1 August 2023 to 31 March 2024 |
for |
Trade Magic Projects LLP |
Trade Magic Projects LLP (Registered number: OC396365) |
Contents of the Financial Statements |
for the period 1 August 2023 to 31 March 2024 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Report of the Accountants | 6 |
Trade Magic Projects LLP |
General Information |
for the period 1 August 2023 to 31 March 2024 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
3 Bradfield Court |
Drayton Mill, Milton Road |
Drayton |
Abingdon |
Oxfordshire |
OX14 4EF |
Trade Magic Projects LLP (Registered number: OC396365) |
Balance Sheet |
31 March 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS ATTRIBUTABLE TO MEMBERS | 25,993 | 36,761 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
8 |
25,993 |
36,761 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 8 | 25,993 | 36,761 |
Amounts due from members | 5 | (18,316 | ) | (14,376 | ) |
7,677 | 22,385 |
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 affairs of the LLP as at the end of each financial year and of its profit or loss for each financial 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 Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP. |
Trade Magic Projects LLP (Registered number: OC396365) |
Balance Sheet - continued |
31 March 2024 |
The financial statements were approved by the members of the LLP and authorised for issue on |
Trade Magic Projects LLP (Registered number: OC396365) |
Notes to the Financial Statements |
for the period 1 August 2023 to 31 March 2024 |
1. | STATUTORY INFORMATION |
Trade Magic Projects LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Plant and machinery etc | - |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the period was NIL (2023 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 August 2023 |
and 31 March 2024 |
DEPRECIATION |
At 1 August 2023 |
Charge for period |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 July 2023 |
Trade Magic Projects LLP (Registered number: OC396365) |
Notes to the Financial Statements - continued |
for the period 1 August 2023 to 31 March 2024 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Hire purchase contracts |
Trade creditors |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2024 | 2023 |
£ | £ |
Hire purchase contracts |
8. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
Loans and other debts due to members' (other than members' capital classified as debt) would rank below other creditors in the event of a winding up of the LLP. |
Trade Magic Projects LLP |
Report of the Accountants to the Members of |
Trade Magic Projects LLP |
The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies. |
As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 31 March 2024 set out on pages three to seven and you consider that the LLP is exempt from an audit. |
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
3 Bradfield Court |
Drayton Mill, Milton Road |
Drayton |
Abingdon |
Oxfordshire |
OX14 4EF |
Date: ............................................. |