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REGISTERED NUMBER: OC413762 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Unicorn Partnership LLP

Unicorn Partnership LLP (Registered number: OC413762)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


Unicorn Partnership LLP (Registered number: OC413762)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 1,660,000 1,550,000

CURRENT ASSETS
Cash at bank 25,255 12,078

CREDITORS
Amounts falling due within one year 5 16,410 3,700
NET CURRENT ASSETS 8,845 8,378
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,668,845

1,558,378

CREDITORS
Amounts falling due after more than one year 6 1,020,577 1,020,514
NET ASSETS ATTRIBUTABLE TO
MEMBERS

648,268

537,864

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

MEMBERS' OTHER INTERESTS
Capital accounts 648,268 537,864
648,268 537,864

TOTAL MEMBERS' INTERESTS
Members' other interests 648,268 537,864

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

Unicorn Partnership LLP (Registered number: OC413762)

Statement of Financial Position - continued
31 March 2024


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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 22 November 2024 and were signed by:





Mr Gursharanpal Singh - Designated member

Unicorn Partnership LLP (Registered number: OC413762)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Unicorn Partnership LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number: OC413762

Registered office: 2a Preston Road
London
United Kingdom
E11 1NN

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2023 - NIL).

4. PROPERTY, PLANT AND EQUIPMENT
Land and
buildings
£   
COST OR VALUATION
At 1 April 2023 1,550,000
Revaluations 110,000
At 31 March 2024 1,660,000
NET BOOK VALUE
At 31 March 2024 1,660,000
At 31 March 2023 1,550,000

Unicorn Partnership LLP (Registered number: OC413762)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. PROPERTY, PLANT AND EQUIPMENT - continued

Cost or valuation at 31 March 2024 is represented by:

Land and
buildings
£   
Valuation in 2020 100,000
Valuation in 2024 110,000
Cost 1,450,000
1,660,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 3,000 2,450
Other creditors 13,410 1,250
16,410 3,700

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 1,020,577 1,020,514