IRIS Accounts Production v24.3.0.553 OC349804 designated member 1.12.22 31.3.24 31.3.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC3498042022-11-30OC3498042024-03-31OC3498042022-12-012024-03-31OC3498042021-11-30OC3498042021-12-012022-11-30OC3498042022-11-30OC349804ns15:EnglandWales2022-12-012024-03-31OC349804ns14:PoundSterling2022-12-012024-03-31OC349804ns10:PartnerLLP12022-12-012024-03-31OC349804ns10:LimitedLiabilityPartnershipLLP2022-12-012024-03-31OC349804ns10:SmallEntities2022-12-012024-03-31OC349804ns10:AuditExempt-NoAccountantsReport2022-12-012024-03-31OC349804ns10:SmallCompaniesRegimeForAccounts2022-12-012024-03-31OC349804ns10:LimitedLiabilityPartnershipsSORP2022-12-012024-03-31OC349804ns10:FullAccounts2022-12-012024-03-31OC349804ns10:PartnerLLP22022-12-012024-03-31OC349804ns10:PartnerLLP32022-12-012024-03-31OC349804ns10:RegisteredOffice2022-12-012024-03-31OC349804ns5:CurrentFinancialInstruments2024-03-31OC349804ns5:CurrentFinancialInstruments2022-11-30OC349804ns5:Non-currentFinancialInstruments2024-03-31OC349804ns5:Non-currentFinancialInstruments2022-11-30OC349804ns5:FurnitureFittings2022-12-012024-03-31OC349804ns5:ComputerEquipment2022-12-012024-03-31OC349804ns5:FurnitureFittings2022-11-30OC349804ns5:ComputerEquipment2022-11-30OC349804ns5:FurnitureFittings2024-03-31OC349804ns5:ComputerEquipment2024-03-31OC349804ns5:FurnitureFittings2022-11-30OC349804ns5:ComputerEquipment2022-11-30OC349804ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-03-31OC349804ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-11-30
REGISTERED NUMBER: OC349804 (England and Wales)












Unaudited Financial Statements

for the Period 1 December 2022 to 31 March 2024

for

Kung Fu Schools Crawley LLP

Kung Fu Schools Crawley LLP (Registered number: OC349804)






Contents of the Financial Statements
for the Period 1 December 2022 to 31 March 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Kung Fu Schools Crawley LLP

General Information
for the Period 1 December 2022 to 31 March 2024







DESIGNATED MEMBERS: P L Hawkes
T Finch
D Naylor





REGISTERED OFFICE: Shadwell House
65 Lower Green Road
Rusthall
Tunbridge Wells
Kent
TN4 8TW





REGISTERED NUMBER: OC349804 (England and Wales)





ACCOUNTANTS: Peter Hodgson & Co.
Chartered Accountants
Shadwell House
65 Lower Green Road
Tunbridge Wells
Kent
TN4 8TW

Kung Fu Schools Crawley LLP (Registered number: OC349804)

Balance Sheet
31 March 2024

2024 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,099 1,465

CURRENT ASSETS
Stocks 1,500 1,500
Debtors 41,165 51,228
Cash at bank 4,219 4,934
46,884 57,662
CREDITORS
Amounts falling due within one year 5 2,575 9,668
NET CURRENT ASSETS 44,309 47,994
TOTAL ASSETS LESS CURRENT
LIABILITIES

45,408

49,459

CREDITORS
Amounts falling due after more than one
year

6

28,766

33,686
NET ASSETS ATTRIBUTABLE TO
MEMBERS

16,642

15,773

LOANS AND OTHER DEBTS DUE TO
MEMBERS

869

-

MEMBERS' OTHER INTERESTS
Capital accounts 15,773 15,773
16,642 15,773

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 869 -
Members' other interests 15,773 15,773
Amounts due from members (41,165 ) (51,228 )
(24,523 ) (35,455 )

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 period 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.

Kung Fu Schools Crawley LLP (Registered number: OC349804)

Balance Sheet - 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 30 November 2024 and were signed by:





P L Hawkes - Designated member

Kung Fu Schools Crawley LLP (Registered number: OC349804)

Notes to the Financial Statements
for the Period 1 December 2022 to 31 March 2024

1. STATUTORY INFORMATION

Kung Fu Schools Crawley LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

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.

Significant judgements and estimates
There are no significant judgements or estimates pertaining to these accounts that the directors feel need to be brought to the attention of users of these accounts.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Office equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Basic financial instruments comprising debtors, bank and cash balances are recorded at fair value.

Functional currency
The functional currency used by the company is £ Sterling.

3. EMPLOYEE INFORMATION

The average number of employees during the period was NIL (2022 - NIL).

Kung Fu Schools Crawley LLP (Registered number: OC349804)

Notes to the Financial Statements - continued
for the Period 1 December 2022 to 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Office
fittings equipment Totals
£    £    £   
COST
At 1 December 2022
and 31 March 2024 3,500 6,730 10,230
DEPRECIATION
At 1 December 2022 3,303 5,462 8,765
Charge for period 49 317 366
At 31 March 2024 3,352 5,779 9,131
NET BOOK VALUE
At 31 March 2024 148 951 1,099
At 30 November 2022 197 1,268 1,465

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Accrued expenses 2,575 9,668

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2022
£    £   
Bank loans 28,766 33,686