Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312trueBook writer2022-12-16falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC445076 2022-12-15 OC445076 2022-12-16 2024-03-31 OC445076 2021-12-16 2022-12-15 OC445076 2024-03-31 OC445076 c:CurrentFinancialInstruments 2024-03-31 OC445076 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC445076 d:FRS102 2022-12-16 2024-03-31 OC445076 d:AuditExempt-NoAccountantsReport 2022-12-16 2024-03-31 OC445076 d:FullAccounts 2022-12-16 2024-03-31 OC445076 d:LimitedLiabilityPartnershipLLP 2022-12-16 2024-03-31 OC445076 d:PartnerLLP1 2022-12-16 2024-03-31 OC445076 c:OtherCapitalInstrumentsClassifiedAsEquity 2024-03-31 OC445076 e:PoundSterling 2022-12-16 2024-03-31 iso4217:GBP xbrli:pure
Registered number: OC445076














JIMMY WALES SEVEN RULES LLP
UNAUDITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

 
JIMMY WALES SEVEN RULES LLP
REGISTERED NUMBER:OC445076

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
205

  
205

Creditors: Amounts Falling Due Within One Year
 5 
(2,368)

Net current (liabilities)/assets
  
 
 
(2,163)

Total assets less current liabilities
  
(2,163)

  

Net (liabilities)/assets
  
(2,163)


Represented by:
  

Loans and other debts due to members within one year
  

Members' other interests
  

Members' capital classified as equity
  
(2,163)

  
(2,163)


Total members' interests
  

Members' other interests
  
(2,163)

  
(2,163)


Page 1

 
JIMMY WALES SEVEN RULES LLP
REGISTERED NUMBER:OC445076
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLPs regime.

The entity 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.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

The financial statements have been delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The entity has opted not to file the statement of comprehensive income in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf by: 




J D Wales
Designated member

Date: 12 November 2024

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
JIMMY WALES SEVEN RULES LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Jimmy Wales Seven Rules LLP is a limited liabilty partnership incorporated in England and Wales, with its registered office at Connaught House 2nd Floor, 1-3 Mount Street, London, W1K 3NB.

The principal objective of the LLP is to carry on the business of writing and publishing books.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships".

 
2.2

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied during the period, exclusive of Value Added Tax and trade discounts

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the period was 2.


4.


Debtors

2024
£


Other debtors
205

205


Page 3

 
JIMMY WALES SEVEN RULES LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

5.


Creditors: Amounts falling due within one year

2024
£

Accruals and deferred income
2,368

2,368


 
Page 4