Acorah Software Products - Accounts Production 16.0.110 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 OC399877 Gemix Corporation Gemix Consultants Ltd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC399877 2023-05-31 OC399877 2024-05-31 OC399877 2023-06-01 2024-05-31 OC399877 frs-bus:LimitedLiabilityPartnershipLLP 2023-06-01 2024-05-31 OC399877 frs-bus:LimitedLiabilityPartnershipsSORP 2023-06-01 2024-05-31 OC399877 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 OC399877 frs-bus:SmallEntities 2023-06-01 2024-05-31 OC399877 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 OC399877 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 OC399877 frs-countries:EnglandWales 2023-06-01 2024-05-31 OC399877 frs-bus:PartnerLLP1 2023-06-01 2024-05-31 OC399877 frs-bus:PartnerLLP2 2023-06-01 2024-05-31 OC399877 2022-05-31 OC399877 2023-05-31 OC399877 2022-06-01 2023-05-31
Registered number: OC399877
Gemix Legal Advisors LLP
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: OC399877
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 354,891 354,891
354,891 354,891
Creditors: Amounts Falling Due Within One Year 5 (1,937 ) -
NET CURRENT ASSETS (LIABILITIES) 352,954 354,891
TOTAL ASSETS LESS CURRENT LIABILITIES 352,954 354,891
NET ASSETS ATTRIBUTABLE TO MEMBERS 352,954 354,891
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability (356,864) (356,864)
(356,864) (356,864)
Equity
Members' other interests
Members' capital 100 100
Other reserves 709,718 711,655
709,818 711,755
352,954 354,891
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year (356,864) (356,864)
Members' other interests 709,818 711,755
352,954 354,891
Page 1
Page 2
For the year ending 31 May 2024 the LLP 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 applicable to LLPs subject to the small LLPs regime.)
The members acknowledge their responsibilities for complying with the requirements of the Act (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 LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.
On behalf of the members
Gemix Corporation
Designated Member
15/11/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Gemix Legal Advisors LLP is a limited liability partnership, incorporated in England & Wales, registered number OC399877 . The Registered Office is 41 Devonshire Street, Ground Floor, London, W1G 7AJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
2.2. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 2 (2023: 2)
2 2
4. Debtors
2024 2023
£ £
Due within one year
Other debtors 354,891 354,891
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 1,937 -
Page 3