Registered No. OC430932 (England and Wales)
Pardoe Ventures LLP
Unaudited accounts
for the year ended 31 March 2024
Pardoe Ventures LLP
Statement of financial position
as at 31 March 2024
Creditors: amounts falling due within one year
(23,883)
(31,623)
Net current assets
413
1,673
Net assets attributable to members
413
1,673
Members' capital classified as equity
4,335
4,335
Other reserves
(3,922)
(2,662)
Members' other interests
413
1,673
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 7 August 2024.
Dr Andrew Pardoe
Designated member
Limited Liability Partnership Registration No. OC430932
Pardoe Ventures 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Pardoe Ventures LLP is a limited liability partnership, incorporated in England and Wales, registration number OC430932. Its registered office is Flat 8, 60 Maple Road, Surbiton, Surrey, KT6 4AE, England.
3
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
21,500
30,500
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
5
Average number of employees
During the year the average number of employees was 2 (2023: 2).