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REGISTERED NUMBER: OC435214 (England and Wales)















REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

SOUTH ARCADE LLP

SOUTH ARCADE LLP (REGISTERED NUMBER: OC435214)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


SOUTH ARCADE LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DESIGNATED MEMBERS: Mr M N Winks
Mrs G L Winks
Mr H G Winks





REGISTERED OFFICE: Ivy Cottage
2 The Green
Leafield
Witney
Oxfordshire
OX29 9NP





REGISTERED NUMBER: OC435214 (England and Wales)





ACCOUNTANTS: Bronsens
Chartered Certified Accountants
Hillside
Albion Street
Chipping Norton
Oxfordshire
OX7 5BH

SOUTH ARCADE LLP (REGISTERED NUMBER: OC435214)

REPORT OF THE MEMBERS
FOR THE YEAR ENDED 31 MARCH 2024

The members present their report with the financial statements of the LLP for the year ended 31 March 2024.

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

Mr M N Winks
Mrs G L Winks
Mr H G Winks

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £479 (2023 - £5 loss).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





Mr M N Winks - Designated member


27 December 2024

SOUTH ARCADE LLP (REGISTERED NUMBER: OC435214)

INCOME STATEMENT
FOR THE YEAR ENDED 31 MARCH 2024

Period
1.2.22
Year Ended to
31.3.24 31.3.23
£    £   

TURNOVER 13,508 1,536

Cost of sales 12,094 1,441
GROSS PROFIT 1,414 95

Administrative expenses 935 100
OPERATING PROFIT/(LOSS) and
PROFIT/(LOSS) FOR THE FINANCIAL
YEAR BEFORE MEMBERS'
REMUNERATION AND PROFIT
SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS





479





(5





)

SOUTH ARCADE LLP (REGISTERED NUMBER: OC435214)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £   
CURRENT ASSETS
Debtors - 2
Cash at bank and in hand 3,500 12
3,500 14
CREDITORS
Amounts falling due within one year 4 2,999 -
NET CURRENT ASSETS 501 14
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

501

14

LOANS AND OTHER DEBTS DUE TO
MEMBERS

5

501

14

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 5 501 14
Amounts due from members - (2 )
501 12

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 year 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 27 December 2024 and were signed by:





Mr M N Winks - Designated member

SOUTH ARCADE LLP (REGISTERED NUMBER: OC435214)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

South Arcade 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.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2023 - NIL).

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other creditors 2,999 -

5. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debt due to members ranks below that of other creditors.