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REGISTERED NUMBER: OC437667 (England and Wales)












Report of the Members and

Unaudited Financial Statements

for the Year Ended 31 May 2024

for

Ram Sasi LLP

Ram Sasi LLP (Registered number: OC437667)






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




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Reconciliation of Members' Interests 5

Notes to the Financial Statements 7


Ram Sasi LLP

General Information
for the Year Ended 31 May 2024







DESIGNATED MEMBERS: Ms S Govindarajulu
Mr R Srinivasan
Sasiram Limited





REGISTERED OFFICE: 10 Hazel Brook Gardens
Bristol
BS10 7FL





REGISTERED NUMBER: OC437667 (England and Wales)





ACCOUNTANTS: Wormald & Partners
Chartered Accountants (ICAEW)
Brunel House
11 The Promenade
Clifton Down
Bristol
BS8 3NG

Ram Sasi LLP (Registered number: OC437667)

Report of the Members
for the Year Ended 31 May 2024

The members present their report with the financial statements of the LLP for the year ended 31 May 2024.

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

Ms S Govindarajulu
Mr R Srinivasan
Sasiram Limited

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £30,538 (2023 - £35,521 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





Mr R Srinivasan - Designated member


20 December 2024

Ram Sasi LLP (Registered number: OC437667)

Income Statement
for the Year Ended 31 May 2024

2024 2023
£    £   

TURNOVER 35,076 45,811

Cost of sales 130 1,559
GROSS PROFIT 34,946 44,252

Administrative expenses 4,408 8,731
OPERATING PROFIT and
PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION AND
PROFIT SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS




30,538




35,521

Ram Sasi LLP (Registered number: OC437667)

Balance Sheet
31 May 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 37,303 -
Cash at bank and in hand 9,994 36,304
47,297 36,304
CREDITORS
Amounts falling due within one year 5 840 840
NET CURRENT ASSETS 46,457 35,464
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

46,457

35,464

LOANS AND OTHER DEBTS DUE TO
MEMBERS

6

46,457

35,464

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 46,457 35,464

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

The financial statements were approved by the members of the LLP and authorised for issue on 20 December 2024 and were signed by:





Mr R Srinivasan - Designated member

Ram Sasi LLP (Registered number: OC437667)

Reconciliation of Members' Interests
for the Year Ended 31 May 2024


EQUITY DEBT TOTAL
Members' Loans and other debts due to MEMBERS'
other members less any amounts due INTERESTS
interests from members in debtors

Other Other
reserves amounts Total
£    £    £   
Amount due to members 35,464
Amount due from members -
Balance at 1 June 2023 - 35,464 35,464
Profit for the financial year available
for discretionary division among
members


30,538


-


30,538


Members' interests after profit for
the year

30,538

35,464

66,002

Other divisions of profit (30,538 ) 30,538 -
Drawings on account and
distributions of profit

-

(19,545

)

(19,545

)

Amount due to members 46,457
Amount due from members -
Balance at 31 May 2024 - 46,457 46,457

Ram Sasi LLP (Registered number: OC437667)

Reconciliation of Members' Interests
for the Year Ended 31 May 2024

EQUITY DEBT TOTAL
Members' Loans and other debts due to MEMBERS'
other members less any amounts due INTERESTS
interests from members in debtors

Other Other
reserves amounts Total
£    £    £   
Amount due to members 10,236
Amount due from members -
Balance at 1 June 2022 - 10,236 10,236
Profit for the financial year available
for discretionary division among
members


35,521


-


35,521


Members' interests after profit for
the year

35,521

10,236

45,757

Other divisions of profit (35,521 ) 35,521 -
Drawings on account and
distributions of profit

-

(10,293

)

(10,293

)

Amount due to members 35,464
Amount due from members -
Balance at 31 May 2023 - 35,464 35,464

Ram Sasi LLP (Registered number: OC437667)

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

1. STATUTORY INFORMATION

Ram Sasi 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.

3. EMPLOYEE INFORMATION

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Loan to Sasiram Limited 37,000 -
Prepayments 303 -
37,303 -

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Accrued expenses 840 840

6. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.