Registered number
OC366964
Maya Assets LLP
Filleted Accounts
31 March 2024
Maya Assets LLP
Registered number: OC366964
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Current assets
Cash at bank and in hand 276 76
Net current assets 276 76
Total assets less current liabilities 276 76
Net assets attributable to members 276 76
Represented by:
Loans and other debts due to members 3 (174) (174)
Members' other interests
Members' capital classified as equity 450 250
276 76
Total members' interests
Loans and other debts due to members 3 (174) (174)
Members' other interests 450 250
276 76
For the year ended 31 March 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to 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.
The 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.
These accounts were approved by the members on 6 January 2025 and signed on their behalf by:
Ms R Patel
Designated member
Maya Assets 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.
Division of profits
Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account.
Taxation
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
Members' capital
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional.
2 Employees 2024 2023
Number Number
Average number of persons employed by the LLP 0 0
3 Loans and other debts due to members 2024 2023
£ £
Amounts due to members in respect of profits (174) (174)
Amounts falling due within one year (174) (174)
Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.
4 Other information
Maya Assets LLP is a limited liability partnership incorporated in England. Its registered office is:
18 Monahan Avenue
Purley
Surrey
CR8 9EG
Maya Assets LLP OC366964 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts July 2024 Ms R Patel No description of principal activity OC366964 2022-04-01 2023-03-31 OC366964 1 2023-03-31 OC366964 core:ShareCapital 2023-03-31 OC366964 2023-04-01 2024-03-31 OC366964 bus:EntityNoLongerTradingButTradedInPast 2023-04-01 2024-03-31 OC366964 bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC366964 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 OC366964 bus:PartnerLLP20 2023-04-01 2024-03-31 OC366964 3 2023-04-01 2024-03-31 OC366964 4 2023-04-01 2024-03-31 OC366964 countries:England 2023-04-01 2024-03-31 OC366964 bus:FRS102 2023-04-01 2024-03-31 OC366964 bus:FilletedAccounts 2023-04-01 2024-03-31 OC366964 2024-03-31 OC366964 1 2024-03-31 OC366964 core:ShareCapital 2024-03-31 OC366964 2023-03-31 iso4217:GBP xbrli:pure