1 April 2023 false No description of principal activity Taxfiler 2024.6 OC430932business:LimitedLiabilityPartnershipLLP2023-04-012024-03-31 OC4309322023-03-31 OC4309322023-04-012024-03-31 OC430932business:AuditExemptWithAccountantsReport2023-04-012024-03-31 OC430932business:FullAccounts2023-04-012024-03-31 OC4309322024-03-31 OC4309322023-03-31 OC430932core:WithinOneYear2024-03-31 OC430932core:WithinOneYear2023-03-31 OC430932core:ShareCapital2024-03-31 OC430932core:ShareCapital2023-03-31 OC430932core:RetainedEarningsAccumulatedLosses2024-03-31 OC430932core:RetainedEarningsAccumulatedLosses2023-03-31 OC430932business:SmallEntities2023-04-012024-03-31 OC430932business:PartnerLLP12023-04-012024-03-31 OC430932countries:EnglandWales2023-04-012024-03-31 OC430932business:RegisteredOffice2023-04-012024-03-31 OC4309322022-04-012023-03-31 iso4217:GBP xbrli:pure
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
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
24,296 
33,296 
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 
Represented by:
Members' other interests
Members' capital classified as equity
4,335 
4,335 
Other reserves
(3,922)
(2,662)
413 
1,673 
413 
1,673 
Total members' interests
Members' other interests
413 
1,673 
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
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Pardoe Ventures LLP Notes to the Accounts for the year ended 31 March 2024
1
Accounting policies
Basis of preparation
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
2
Statutory information
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 
Accruals
2,383 
1,123 
23,883 
31,623 
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).
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