Tuition and Support Hub LLP OC423400 false 2023-08-01 2024-03-31 2024-03-31 The principal activity of the company is Tuition centre Digita Accounts Production Advanced 6.30.9574.0 OC423400 2023-08-01 2024-03-31 OC423400 2024-03-31 OC423400 bus:SmallEntities 2023-08-01 2024-03-31 OC423400 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-03-31 OC423400 bus:AbridgedAccounts 2023-08-01 2024-03-31 OC423400 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-03-31 OC423400 bus:RegisteredOffice 2023-08-01 2024-03-31 OC423400 bus:PartnerLLP1 2023-08-01 2024-03-31 OC423400 bus:PartnerLLP2 2023-08-01 2024-03-31 OC423400 bus:LimitedLiabilityPartnershipLLP 2023-08-01 2024-03-31 OC423400 core:ComputerEquipment 2023-08-01 2024-03-31 OC423400 core:FurnitureFittings 2023-08-01 2024-03-31 OC423400 countries:AllCountries 2023-08-01 2024-03-31 OC423400 2023-07-31 OC423400 2022-08-01 2023-07-31 OC423400 2023-07-31 iso4217:GBP xbrli:pure

Registration number: OC423400

Tuition and Support Hub LLP

Annual Report and Unaudited Abridged Financial Statements

for the period from 1 August 2023 to 31 March 2024

 

Tuition and Support Hub LLP

Contents

Limited liability partnership information

1

Members' Report

2

Abridged Financial Statements

3 to 7

Abridged Balance Sheet

3

Notes to the Abridged Financial Statements

5

 

Tuition and Support Hub LLP

Limited liability partnership information

Designated members

D Nardani

N Nardani
 

Registered office

Suite 1B1 Argyle House
Northside
Joel Street
Northwood Hills
HA6 1NW

Accountants

Ross + Partners
Chartered Certified Accountants
Suite 1B1 Argyle House
Northside
Joel Street
Northwood Hills
HA6 1NW

 

Tuition and Support Hub LLP

Members' Report for the period from 1 August 2023 to 31 March 2024

The members present their report and the unaudited abridged financial statements for the period from 1 August 2023 to 31 March 2024.

Designated members

The members who held office during the period were as follows:

D Nardani

N Nardani

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, as applied to limited liability partnerships.

Approved by the Board on 2 December 2024 and signed on its behalf by:

.........................................
D Nardani
Designated member

 

Tuition and Support Hub LLP

(Registration number: OC423400)
Abridged Balance Sheet as at 31 March 2024

Note

31 March 2024
 £

31 July 2023
 £

Fixed assets

 

Tangible assets

4

429

744

Current assets

 

Debtors

135

-

Cash and short-term deposits

 

2,978

885

 

3,113

885

Creditors: Amounts falling due within one year

(2,340)

(2,340)

Net current assets/(liabilities)

 

773

(1,455)

Total assets less current liabilities

 

1,202

(711)

Creditors: Amounts falling due after more than one year

(6,548)

(8,678)

Net liabilities attributable to members

 

(5,346)

(9,389)

Represented by:

 

Loans and other debts due to members

 

Members' capital classified as a liability

 

(47,266)

(47,196)

Members’ other interests

 

Other reserves

 

41,920

37,807

   

(5,346)

(9,389)

Total members' interests

 

Loans and other debts due to members

 

(47,266)

(47,196)

Equity

 

41,920

37,807

   

(5,346)

(9,389)

For the year ending 31 March 2024 the limited liability partnership was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied to limited liability partnerships, relating to small entities.

These financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

 

Tuition and Support Hub LLP

(Registration number: OC423400)
Abridged Balance Sheet as at 31 March 2024

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

All of the limited liability partnership's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006, as applied to limited liability partnerships.

The financial statements of Tuition and Support Hub LLP (registered number OC423400) were approved by the Board and authorised for issue on 2 December 2024. They were signed on behalf of the limited liability partnership by:

.........................................
D Nardani
Designated member

 

Tuition and Support Hub LLP

Notes to the Abridged Financial Statements for the Period from 1 August 2023 to 31 March 2024

1

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

General information and basis of accounting

The limited liability partnership is incorporated in United Kingdom under the Limited Liability Partnership Act 2000. The address of the registered office is given on the limited liability partnership information page. The nature of the limited liability partnership’s operations and its principal activities are given in the members’ report.

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The functional currency of Tuition and Support Hub LLP is considered to be pounds sterling because that is the currency of the primary economic environment in which the limited liability partnership operates. Foreign operations are included in accordance with the policies set out below.

Revenue recognition

Revenue is recognised to the extent that the limited liability partnership obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

Members' remuneration and division of profits

The SORP recognises that the basis of calculating profits for allocation may differ from the profits reflected through the financial statements prepared in compliance with recommended practice, given the established need to seek to focus profit allocation on ensuring equity between different generations and populations of members.

Consolidation of the results of certain subsidiary undertakings, the provision for annuities to current and former members, pension scheme charges, the spreading of acquisition integration costs and the treatment of long leasehold interests are all items which may generate differences between profits calculated for the purpose of allocation and those reported within the financial statements. Where such differences arise, they have been included within other amounts in the balance sheet.

Members' fixed shares of profits (excluding discretionary fixed share bonuses) and interest earned on members' balances are automatically allocated and, are treated as members' remuneration charged as an expense to the profit and loss account in arriving at profit available for discretionary division among members.
The remainder of profit shares, which have not been allocated until after the balance sheet date, are treated in these financial statements as unallocated at the balance sheet date and included within other reserves.

 

Tuition and Support Hub LLP

Notes to the Abridged Financial Statements for the Period from 1 August 2023 to 31 March 2024

Taxation

The taxation payable on the partnership's profits is the personal liability of the members, although payment of such liabilities is administered by the partnership on behalf of its members. Consequently, neither partnership taxation nor related deferred taxation is accounted for in these financial statements. Sums set aside in respect of members' tax obligations are included in the balance sheet within loans and other debts due to members, or are set against amounts due from members as appropriate.

other taxes policy

Tangible fixed assets

Individual fixed assets costing £0.00 or more are initially recorded at cost.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class

Depreciation method and rate

Computer equipment

33.3% straight line

Fixtures and fittings

25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

2

Profit for the period before members' remuneration and profit shares

Arrived at after charging/(crediting)

2024
£

2023
£

Depreciation

316

579

3

Particulars of employees

The average number of persons employed by the limited liability partnership during the period was 1 (2023 - 9).

 

Tuition and Support Hub LLP

Notes to the Abridged Financial Statements for the Period from 1 August 2023 to 31 March 2024

4

Tangible fixed assets

Total
£

Cost

At 1 August 2023

2,108

At 31 March 2024

2,108

Depreciation

At 1 August 2023

1,364

Charge for the year

315

At 31 March 2024

1,679

Net book value

At 31 March 2024

429

At 31 July 2023

744