1 April 2023 false No description of principal activity Taxfiler 2024.6 true OC436051business:LimitedLiabilityPartnershipLLP2023-04-012024-03-31 OC4360512023-03-31 OC4360512023-04-012024-03-31 OC436051business:AuditExemptWithAccountantsReport2023-04-012024-03-31 OC436051business:FullAccounts2023-04-012024-03-31 OC4360512024-03-31 OC4360512023-03-31 OC436051core:WithinOneYear2024-03-31 OC436051core:WithinOneYear2023-03-31 OC436051core:RetainedEarningsAccumulatedLosses2024-03-31 OC436051core:RetainedEarningsAccumulatedLosses2023-03-31 OC436051business:SmallEntities2023-04-012024-03-31 OC436051business:PartnerLLP12023-04-012024-03-31 OC436051core:LandBuildings2023-04-012024-03-31 OC436051core:PlantMachinery2023-04-012024-03-31 OC436051countries:EnglandWales2023-04-012024-03-31 OC436051business:RegisteredOffice2023-04-012024-03-31 OC436051core:LandBuildings2023-03-31 OC436051core:PlantMachinery2023-03-31 OC436051core:LandBuildings2024-03-31 OC436051core:PlantMachinery2024-03-31 OC4360512022-04-012023-03-31 iso4217:GBP xbrli:pure
Registered No. OC436051 (England and Wales)
M & K Warren LLP Unaudited accounts for the year ended 31 March 2024
M & K Warren LLP Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
16,459 
19,341 
Current assets
Inventories
400 
330 
Cash at bank and in hand
289 
1,228 
689 
1,558 
Creditors: amounts falling due within one year
(280)
(319)
Net current assets
409 
1,239 
Net assets attributable to members
16,868 
20,580 
Represented by:
Loans and other debts due to members
(7,654)
7,884 
Members' other interests
Other reserves
24,522 
12,696 
16,868 
20,580 
Total members' interests
Loans and other debts due to members
(7,654)
7,884 
Members' other interests
24,522 
12,696 
16,868 
20,580 
For the year ending 31 March 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 19 December 2024.
Mrs Kate Warren Designated member Limited Liability Partnership Registration No. OC436051
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M & K Warren LLP Notes to the Accounts for the year ended 31 March 2024
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% straight line
Plant & machinery
20% reducing balance
Going concern
The members have a reasonable expectation that the LLP has adequate resources to continue in operational existence for the foreseeable future. The LLP therefore continues to adopt the going concern basis in preparing its financial statements.
Members' capital
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.
2
Statutory information
M & K Warren LLP is a limited liability partnership, incorporated in England and Wales, registration number OC436051. Its registered office is Aishleigh, Shebbear, Beaworthy, Devon, EX21 5SN.
3
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
14,422 
14,338 
28,760 
Additions
- 
225 
225 
At 31 March 2024
14,422 
14,563 
28,985 
Depreciation
At 1 April 2023
3,182 
6,237 
9,419 
Charge for the year
1,442 
1,665 
3,107 
At 31 March 2024
4,624 
7,902 
12,526 
Net book value
At 31 March 2024
9,798 
6,661 
16,459 
At 31 March 2023
11,240 
8,101 
19,341 
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M & K Warren LLP Notes to the Accounts for the year ended 31 March 2024
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
44 
Accruals
280 
275 
280 
319 
5
Loans and other debts due to members
2024 
2023 
£ 
£ 
Loans from members
35,208 
35,125 
Amounts due to members in respect of profits
(42,862)
(27,241)
(7,654)
7,884 
Amounts falling due within one year
(7,654)
7,884 
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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