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REGISTERED NUMBER: OC375658 (England and Wales)














Report of the Members and

Unaudited Financial Statements

for the Period

1st January 2024 to 31st March 2024

for

A4G Payroll LLP

A4G Payroll LLP (Registered number: OC375658)






Contents of the Financial Statements
for the Period 1st January 2024 to 31st March 2024




Page

Report of the Members 1

Profit and Loss Account 2

Other Comprehensive Income 3

Abridged Balance Sheet 4

Reconciliation of Members' Interests 6

Notes to the Financial Statements 7


A4G Payroll LLP (Registered number: OC375658)

Report of the Members
for the Period 1st January 2024 to 31st March 2024

The members present their report with the financial statements of the LLP for the period 1st January 2024 to 31st March 2024.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the period under review was that of payroll services.

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

A4G LLP
A4G Bookkeeping Limited

RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS
The profit for the period before members' remuneration and profit shares was £17,686 (2023 - £17,500 profit).

MEMBERS' INTERESTS
Members are permitted to make drawings in anticipation of profits that are due to them after the consideration of the working capital requirements of the Limited Liability Partnership and other regulatory requirements.

The profits are shared between the members on a pre agreed basis after taking into account many varying factors. Any transfers between members or members accounts have been agreed by the relevant members involved.

Capital introduced from new members as subscribed capital and the repayment of the capital is set at the appointment date by agreement of the new member and the existing members. Capital introduced during the course of the business by existing members is due to be repaid in full with no interest charged to the Limited Liability Partnership.

This report has been prepared in accordance with the special provisions of Part 15 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 small LLPs.

ON BEHALF OF THE MEMBERS:





A4G LLP - Designated member


27th December 2024

A4G Payroll LLP (Registered number: OC375658)

Profit and Loss Account
for the Period 1st January 2024 to 31st March 2024

Period
1.1.24
to Year Ended
31.3.24 31.12.23
£    £   

TURNOVER 50,582 153,745

Cost of sales 26,836 104,273
GROSS PROFIT 23,746 49,472

Administrative expenses 6,060 31,976
17,686 17,496

Other operating income - 4
OPERATING PROFIT and
PROFIT FOR THE FINANCIAL
PERIOD BEFORE MEMBERS'
REMUNERATION AND PROFIT
SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS





17,686





17,500

A4G Payroll LLP (Registered number: OC375658)

Other Comprehensive Income
for the Period 1st January 2024 to 31st March 2024

Period
1.1.24
to Year Ended
31.3.24 31.12.23
Notes £    £   

PROFIT FOR THE FINANCIAL
PERIOD BEFORE MEMBERS'
REMUNERATION AND PROFIT
SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS





17,686





17,500


OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME
FOR THE PERIOD

17,686

17,500

A4G Payroll LLP (Registered number: OC375658)

Abridged Balance Sheet
31st March 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 122,754 98,006
Cash at bank 7,271 10,968
130,025 108,974
CREDITORS
Amounts falling due within one year 37,265 33,900
NET CURRENT ASSETS 92,760 75,074
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

92,760

75,074

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

MEMBERS' OTHER INTERESTS
Capital accounts 92,760 75,074
92,760 75,074

TOTAL MEMBERS' INTERESTS
Members' other interests 92,760 75,074

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 31st 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.

A4G Payroll LLP (Registered number: OC375658)

Abridged Balance Sheet - continued
31st March 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31st March 2024 in accordance with Section 444(2A) 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 financial statements were approved by the members of the LLP and authorised for issue on 27th December 2024 and were signed by:





A4G LLP - Designated member

A4G Payroll LLP (Registered number: OC375658)

Reconciliation of Members' Interests
for the Period 1st January 2024 to 31st March 2024


No protection is afforded to creditors in the event of a winding-up of the LLP

A4G Payroll LLP (Registered number: OC375658)

Notes to the Financial Statements - continued
for the Period 1st January 2024 to 31st March 2024

1. STATUTORY INFORMATION

A4G Payroll LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number: OC375658

Registered office: Kings Lodge
London Road
West Kingsdown
Sevenoaks
Kent
TN15 6AR

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Revenue recognition
Sales comprise the fair value of the consideration received or receivable for the sale of rendering of services in the ordinary course of the company's activities. Sales are presented, net of value-added tax, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the company's activities as follows:

Revenue from the sale of services is recognised at the point at which those services have been provided to the customer. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

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 cost
Computer equipment - 25% on cost

A4G Payroll LLP (Registered number: OC375658)

Notes to the Financial Statements - continued
for the Period 1st January 2024 to 31st March 2024

3. ACCOUNTING POLICIES - continued

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors and loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, such as the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit and loss.

4. EMPLOYEE INFORMATION

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

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st January 2024
and 31st March 2024 3,148
DEPRECIATION
At 1st January 2024
and 31st March 2024 3,148
NET BOOK VALUE
At 31st March 2024 -
At 31st December 2023 -