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REGISTERED NUMBER: OC446567 (England and Wales)

























Report of the Members and

Unaudited Financial Statements for the Period 27 March 2023 to 31 March 2024

for

Ingleton Wall LLP

Ingleton Wall LLP (Registered number: OC446567)






Contents of the Financial Statements
for the Period 27 March 2023 to 31 March 2024




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


Ingleton Wall LLP

General Information
for the Period 27 March 2023 to 31 March 2024







DESIGNATED MEMBERS: Ms D A Kuhlmann
D Rowe
Saaig Outdoors Limited





REGISTERED OFFICE: Ingleton Wall, Victoria Buildings
Coop Yard
Ingleton
United Kingdom
LA6 3EH





REGISTERED NUMBER: OC446567 (England and Wales)





ACCOUNTANTS: IN Accountancy Limited
2 Station View
Bramhall Moor Lane
Hazel Grove
Stockport
Cheshire
SK7 5ER

Ingleton Wall LLP (Registered number: OC446567)

Report of the Members
for the Period 27 March 2023 to 31 March 2024

The members present their report with the financial statements of the LLP for the period 27 March 2023 to 31 March 2024.

INCORPORATION
The LLP was incorporated on 27 March 2023 .

PRINCIPAL ACTIVITY
The principal activity of the LLP in the period under review was that of the provision of climbing wall facilities.

DESIGNATED MEMBERS
The designated members during the period under review were:

Ms D A Kuhlmann
D Rowe
Saaig Outdoors Limited

RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS
The profit for the period before members' remuneration and profit shares was £8,972.

MEMBERS' INTERESTS
No Member may draw any sum on account of their share of profits unless the Designated Members unanimously agree otherwise, and then only such sums as the Designated Members determine.

If any Member withdraws funds in excess of their profit share for an accounting year, that Member shall repay the excess drawings to the LLP immediately.

ON BEHALF OF THE MEMBERS:





Ms D A Kuhlmann - Designated member


25 November 2024

Ingleton Wall LLP (Registered number: OC446567)

Income Statement
for the Period 27 March 2023 to 31 March 2024

Notes £   

TURNOVER 51,308

Cost of sales 24,358
GROSS PROFIT 26,950

Administrative expenses 17,978
OPERATING PROFIT and
PROFIT FOR THE FINANCIAL PERIOD
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES


8,972

PROFIT FOR THE FINANCIAL PERIOD
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES


8,972

Members' remuneration charged
as an expense

4

(8,337

)
PROFIT FOR THE FINANCIAL PERIOD
AVAILABLE FOR DISCRETIONARY
DIVISION AMONG MEMBERS


635

Ingleton Wall LLP (Registered number: OC446567)

Balance Sheet
31 March 2024

Notes £   
CURRENT ASSETS
Debtors 5 804
Cash at bank and in hand 10,371
11,175
CREDITORS
Amounts falling due within one
year

6

10,487
NET CURRENT ASSETS 688
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

688

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

688

TOTAL MEMBERS' INTERESTS
Loans and other debts due to
members

7

688

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.

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

The financial statements were approved by the members of the LLP and authorised for issue on 25 November 2024 and were signed by:




Ms D A Kuhlmann - Designated member




Saaig Outdoors Limited - Designated member


Ingleton Wall LLP (Registered number: OC446567)

Notes to the Financial Statements
for the Period 27 March 2023 to 31 March 2024

1. STATUTORY INFORMATION

Ingleton Wall 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.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

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.

3. EMPLOYEE INFORMATION

The average number of employees during the period was 3 .

4. INFORMATION IN RELATION TO MEMBERS
£   
Members' remuneration charged as an expense
Partners' salaries 8,337

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 663
Other debtors 141
804

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 3,979
Other creditors 6,508
10,487

Ingleton Wall LLP (Registered number: OC446567)

Notes to the Financial Statements - continued
for the Period 27 March 2023 to 31 March 2024

7. LOANS AND OTHER DEBTS DUE TO MEMBERS
£   
Loans from members 53
Amounts owed to members in respect of profits 635
688

Falling due within one year 688

8. ULTIMATE CONTROLLING PARTY

The LLP is controlled by its Members acting in concert.