Asgher Sultan LLP Filleted Accounts Cover
Asgher Sultan LLP
Registered No. OC415440
Information for Filing with the Registrar
31 March 2024
Asgher Sultan LLP Balance Sheet Registrar
at
31 March 2024
Registered No.
OC415440
Notes
2024
2023
£
£
Fixed assets
Tangible assets
5
1,800
1,800
1,800
1,800
Current assets
Debtors
6
-
29,335
Cash at bank and in hand
283
119
283
29,454
Net current assets
283
29,454
Total assets less current liabilities
2,083
31,254
Net assets attributable to members
2,083
31,254
Represented by:
Members' other interests
Members' capital
2,083
31,254
2,083
31,254
2,083
31,254
These accounts have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
For the year ended 31 March 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 as applied by the Limited Liability Partnerships (Accounts and Audit)(Application of Companies Act 2006) Regulations 2008) relating to small 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.
As permitted by section 444 (5A)of the Companies Act 2006 the members have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the members on 25 December 2024 and signed on its behalf by:
A. Sultan
Designated member
25 December 2024
Asgher Sultan LLP Notes to the Accounts Registrar
for the year ended 31 March 2024
1
General information
Asgher Sultan LLP is a limited liability partnership and incorporated in England and Wales.
Its registered number is: OC415440
Its registered office is:
17 Shirwell Crescent
Furzton Lake
Milton Keynes
MK4 1GA
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and in accordance with the Statement of Recommended Practice 'Accounting for Limited Liability Partnerships' issued in December 2018.
2
Accounting policies
Turnover
Turnover represents income from provision of professional services. Income is recognised when service in delivered and invoice is produced.
Members' remuneration and division of profits
Remuneration is paid to certain members under a contract of employment and is included as an expense in the profit and loss account.

In addition, the LLP agreement provides that fixed amounts, determined for each member each year, be paid to members, irrespective of the profits of the LLP. These amounts are included within members' remuneration charged as an expense.

Profits are treated as being available for discretionary division only if the the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Once agreement has been reached to divide the profits, a members' share in the profit or loss for the year is accounted for as an allocation of profits. Unallocated profits and losses remain included within 'other reserves'.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Members' Interests
Members' interests are classified as either equity or debt.

Equity interests comprise any capital introduced classified as equity, any unallocated profits, any revaluation reserve and any other reserves.

Loans and other debts due to members comprise any capital introduced but classified as a liability, any loans from members, amounts due to members in respect of allocated profits less drawings and any other amounts that the LLP is contractually obliged to repay to members.
3
Employees
2024
2023
Number
Number
The average number of persons employed during the year was:
0
0
4
Tangible fixed assets
Plant and machinery
Total
£
£
Cost
At 1 April 2023
1,8001,800
At 31 March 2024
1,8001,800
Depreciation
Net book values
At 31 March 2024
1,8001,800
At 31 March 2023
1,800
1,800
5
Debtors
2024
2023
£
£
Other debtors
-29,335
-29,335
Asgher Sultan LLPOC41544031 March 202401 April 2023false25 December 2024BTCSoftware AP Solution 2024 11.2.0111.2.01OC4154402023-04-012024-03-31OC4154402024-03-31OC415440countries:UnitedKingdom2023-04-012024-03-31OC415440bus:RegisteredOffice2023-04-012024-03-31OC4154402022-04-012023-03-31OC415440core:PlantMachinery2023-04-01OC4154402023-04-01OC415440core:PlantMachinery2024-03-31OC415440core:PlantMachinery2023-03-31OC4154402023-03-31OC415440bus:SmallEntities2023-04-012024-03-31OC415440bus:FullAccounts2023-04-012024-03-31OC415440bus:AuditExempt-NoAccountantsReport2023-04-012024-03-31OC415440bus:PartnerLLP12023-04-012024-03-31OC415440bus:LimitedLiabilityPartnershipLLP2023-04-012024-03-31xbrli:pureiso4217:GBP