Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31true22023-09-18falsefalseThe principal activity of the limited liability partnership is that of provision of live stage entertainment services.trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. OC449127 2023-09-17 OC449127 2023-09-18 2024-03-31 OC449127 2022-04-01 2023-09-17 OC449127 2024-03-31 OC449127 c:CurrentFinancialInstruments 2024-03-31 OC449127 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC449127 d:FRS102 2023-09-18 2024-03-31 OC449127 d:AuditExempt-NoAccountantsReport 2023-09-18 2024-03-31 OC449127 d:FullAccounts 2023-09-18 2024-03-31 OC449127 d:LimitedLiabilityPartnershipLLP 2023-09-18 2024-03-31 OC449127 d:PartnerLLP1 2023-09-18 2024-03-31 OC449127 c:FurtherSpecificReserve2ComponentTotalEquity 2024-03-31 OC449127 e:PoundSterling 2023-09-18 2024-03-31 iso4217:GBP xbrli:pure
Registered number: OC449127














NORAH THE GREAT LLP

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2024

 
NORAH THE GREAT LLP
REGISTERED NUMBER:OC449127

BALANCE SHEET
AS AT 31 MARCH 2024

2024
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
566,024

Cash at bank and in hand
 5 
72,375

  
638,399

Creditors: amounts falling due within one year
 6 
(654,592)

Net current liabilities
  
 
 
(16,193)

Total assets less current liabilities
  
(16,193)

  

Net liabilities
  
(16,193)


Represented by:
  

Members' other interests
  

Other reserves classified as equity

  

(16,193)

  
 
(16,193)

  
(16,193)


Total members' interests
  

Members' other interests
  
(16,193)

  
(16,193)


Page 1

 
NORAH THE GREAT LLP
REGISTERED NUMBER:OC449127
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

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

The entity was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

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

The entity has opted not to file the profit and loss account in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf by: 




I J Simons
Designated member

Date: 21 December 2024

The notes on pages 3 to 5 form part of these financial statements.

Norah The Great LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of changes in equity.

Page 2

 
NORAH THE GREAT LLP

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

1.


General information

Norah The Great LLP is a limited liability partnership, registered in England and Wales, registration number OC449127. The registered office address is Elsley Court, 20-22 Great Titchfield, London, W1W 8BE.
The LLP was incorporated on 18 September 2023 and commenced trade on 1 October 2023.
The LLP has shortened its accounting period from 30 September 2024 to 31 March 2024.
 
The principal activity of the LLP is that of provision of live stage entertainment services.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of the Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships".

 
2.2

Foreign currency translation

Functional and presentation currency

The LLP's functional and presentational currency is pound sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses that relate to cash and cash equivalents are presented in the profit and loss account within 'administrative expenses'. All other foreign exchange gains and losses are presented in profit or loss.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the LLP and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Income from performances are recognised once the performances have taken place.
Merchandise income is recognised net of cost when received.
Recharged income is recognised when the corresponding expenses have been incurred on behalf
of another entity.

Page 3

 
NORAH THE GREAT LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits discretionarily. Discretionary divisions of profits are recognised as amounts due to members, although may be used to offset amounts which have been drawn by members, which are recognised as loan assets repayable.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.7

Creditors

Short-term creditors are measured at the transaction price.

 
2.8

Financial instruments

The LLP enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors, trade and other creditors, and loans with related parties.


3.


Employees

The average monthly number of employees, including members, during the period was 2.


4.


Debtors

2024
£


Trade debtors
236,864

Other debtors
40,933

Prepayments and accrued income
288,227

566,024


Page 4

 
NORAH THE GREAT LLP

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

5.


Cash and cash equivalents

2024
£

Cash at bank and in hand
72,375



6.


Creditors: amounts falling due within one year

2024
£

Trade creditors
204,264

Amounts owed to connected entities
358,055

Accruals
92,273

654,592


 
Page 5