Registered number
OC391089
FLOW FIERO LLP
Filleted Accounts
29 February 2024
FLOW FIERO LLP
Registered number: OC391089
Balance Sheet
as at 29 February 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 - 11,894
Current assets
Cash at bank and in hand 181,167 141,479
Creditors: amounts falling due within one year 4 (14,996) (14,996)
Net current assets 166,171 126,483
Total assets less current liabilities 166,171 138,377
Net assets attributable to members 166,171 138,377
Represented by:
Loans and other debts due to members 5 131,647 137,601
Members' other interests
Members' capital classified as equity 56,981 23,233
Other reserves (22,457) (22,457)
34,524 776
166,171 138,377
Total members' interests
Loans and other debts due to members 5 131,647 137,601
Members' other interests 34,524 776
166,171 138,377
For the year ended 29 February 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 29 November 2024 and signed on their behalf by:
John Kenneth Tyler
Designated member
FLOW FIERO LLP
Notes to the Accounts
for the year ended 29 February 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2024 2023
Number Number
Average number of persons employed by the LLP - -
3 Intangible fixed assets £
Software development:
Cost
At 1 March 2023 59,474
At 29 February 2024 59,474
Amortisation
At 1 March 2023 47,580
Provided during the year 11,894
At 29 February 2024 59,474
Net book value
At 29 February 2024 -
At 28 February 2023 11,894
Software development is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 14,996 14,996
5 Loans and other debts due to members 2024 2023
£ £
Amounts due to members in respect of profits 131,647 137,601
Amounts falling due within one year 131,647 137,601
Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.
6 Other information
FLOW FIERO LLP is a limited liability partnership incorporated in England. Its registered office is:
Office 9, Dalton House
60 Windsor Avenue
London
United Kingdom
SW19 2RR
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