REGISTERED NUMBER: |
Report of the Members and |
Unaudited Financial Statements for the Year Ended 30 April 2024 |
for |
Lissett Pods LLP |
REGISTERED NUMBER: |
Report of the Members and |
Unaudited Financial Statements for the Year Ended 30 April 2024 |
for |
Lissett Pods LLP |
Lissett Pods LLP (Registered number: OC374645) |
Contents of the Financial Statements |
for the Year Ended 30 April 2024 |
Page |
Report of the Members | 1 |
Income Statement | 2 |
Balance Sheet | 3 |
Notes to the Financial Statements | 5 |
Lissett Pods LLP (Registered number: OC374645) |
Report of the Members |
for the Year Ended 30 April 2024 |
The members present their report with the financial statements of the LLP for the year ended 30 April 2024. |
PRINCIPAL ACTIVITY |
The principal activity of the LLP in the year under review was that of manufacturing Holiday Homes to SIPP specifications. |
DESIGNATED MEMBERS |
The designated members during the year under review were: |
RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS |
The loss for the year before members' remuneration and profit shares was £33,215 (2023 - £14,596 profit). |
MEMBERS' INTERESTS |
ON BEHALF OF THE MEMBERS: |
Lissett Pods LLP (Registered number: OC374645) |
Income Statement |
for the Year Ended 30 April 2024 |
2024 | 2023 |
Notes | £ | £ |
TURNOVER | ( |
) |
Administrative expenses | ( |
) | ( |
) |
(33,215 | ) | 14,073 |
Other operating income |
OPERATING (LOSS)/PROFIT and |
(LOSS)/PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS |
( |
) |
Lissett Pods LLP (Registered number: OC374645) |
Balance Sheet |
30 April 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
37,385 |
70,161 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
8 |
37,385 |
70,161 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 8 | 37,385 | 70,161 |
Amounts due from members | 6 | (439 | ) | - |
36,946 | 70,161 |
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. |
Lissett Pods LLP (Registered number: OC374645) |
Balance Sheet - continued |
30 April 2024 |
The financial statements were approved by the members of the LLP and authorised for issue on |
Lissett Pods LLP (Registered number: OC374645) |
Notes to the Financial Statements |
for the Year Ended 30 April 2024 |
1. | STATUTORY INFORMATION |
Lissett Pods LLP is registered in England and Wales. The LLP's registered number and registered office address are as below: |
Registered number: |
Registered office: |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Significant judgements and estimates |
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on the Directors' best knowledge of the amount, events or actions, actual results ultimately differ from these estimates. The Directors do not consider there to be any material estimates and judgements. |
Turnover |
Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods supplied or services rendered, net of returns, discounts and rebates allowed by the company and value added taxes. |
Tangible fixed assets |
Plant and machinery etc | - |
Financial instruments |
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors are initially recognised at transaction value and subsequently measure at their settlement value. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the year was NIL (2023 - NIL). |
4. | OPERATING (LOSS)/PROFIT |
The operating loss (2023 - operating profit) is stated after charging: |
2024 | 2023 |
£ | £ |
Depreciation - owned assets |
Lissett Pods LLP (Registered number: OC374645) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2024 |
5. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 May 2023 |
and 30 April 2024 |
DEPRECIATION |
At 1 May 2023 |
Charge for year |
At 30 April 2024 |
NET BOOK VALUE |
At 30 April 2024 |
At 30 April 2023 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
8. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up. |