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REGISTERED NUMBER: OC372022 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Reflex Marketing (UK) LLP

Reflex Marketing (UK) LLP (Registered number: OC372022)

Contents of the Financial Statements
for the Year Ended 31 March 2024










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Reflex Marketing (UK) LLP

General Information
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: Inhaus International Limited
R B Mynett
R J Mynett





REGISTERED OFFICE: Unit W1
Capital Business Park
Parkway
Cardiff
CF3 2PW





REGISTERED NUMBER: OC372022 (England and Wales)





ACCOUNTANTS: APT
44 The Pantiles
Tunbridge Wells
Kent
TN2 5TN

Reflex Marketing (UK) LLP (Registered number: OC372022)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 227,619

CURRENT ASSETS
Stocks - 251,956
Debtors 5 - 3,600,734
Cash at bank and in hand - 411,074
- 4,263,764
CREDITORS
Amounts falling due within one year 6 - 385,852
NET CURRENT ASSETS - 3,877,912
TOTAL ASSETS LESS CURRENT
LIABILITIES

-

4,105,531

CREDITORS
Amounts falling due after more than one year 7 - 163,318
NET ASSETS ATTRIBUTABLE TO
MEMBERS

-

3,942,213

Reflex Marketing (UK) LLP (Registered number: OC372022)

Balance Sheet - continued
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

MEMBERS' OTHER INTERESTS
Capital accounts - 3,942,213
- 3,942,213

TOTAL MEMBERS' INTERESTS
Members' other interests - 3,942,213

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 and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 10 January 2025 and were signed by:





R B Mynett - Designated member

Reflex Marketing (UK) LLP (Registered number: OC372022)

Notes to the Financial Statements
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

Reflex Marketing (UK) 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 14 (2023 - 14 ) .

Reflex Marketing (UK) LLP (Registered number: OC372022)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 389,929
Additions 197,642
Disposals (587,571 )
At 31 March 2024 -
DEPRECIATION
At 1 April 2023 162,310
Charge for year 48,665
Eliminated on disposal (210,975 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 227,619

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2023 223,259
Additions 193,890
Disposals (417,149 )
At 31 March 2024 -
DEPRECIATION
At 1 April 2023 100,292
Charge for year 22,214
Eliminated on disposal (122,506 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 122,967

Reflex Marketing (UK) LLP (Registered number: OC372022)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors - 211,530
Other debtors - 3,389,204
- 3,600,734

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts - 32,000
Hire purchase contracts - 32,609
Trade creditors - 60,229
Taxation and social security - 18,256
Other creditors - 242,758
- 385,852

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 47,649
Hire purchase contracts - 115,669
- 163,318