Registered number
OC382854
Monesh LLP
Filleted Accounts
31 March 2024
Monesh LLP
Registered number: OC382854
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 250,000 250,000
Current assets
Cash at bank and in hand 2,954 764
Net current assets 2,954 764
Total assets less current liabilities 252,954 250,764
Net assets attributable to members 252,954 250,764
Represented by:
Members' other interests
Members' capital classified as equity 240,681 234,021
Other reserves 12,273 16,743
252,954 250,764
252,954 250,764
Total members' interests
Members' other interests 252,954 250,764
252,954 250,764
For the year ended 31 March 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to 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.
The 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.
These accounts were approved by the members on 12 November 2024 and signed on their behalf by:
Mrs M Patel
Designated member
Monesh 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.
Division of profits
Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account.
Members' capital
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional.
2 Employees 2024 2023
Number Number
Average number of persons employed by the LLP 1 1
3 Other information
Monesh LLP is a limited liability partnership incorporated in England. Its registered office is:
10 Ridgeway
Essex
SS6 7BJ
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