Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312falsetrue2023-04-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2true OC383009 2023-04-01 2024-03-31 OC383009 2022-04-01 2023-03-31 OC383009 2024-03-31 OC383009 2023-03-31 OC383009 c:CurrentFinancialInstruments 2024-03-31 OC383009 c:CurrentFinancialInstruments 2023-03-31 OC383009 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC383009 c:CurrentFinancialInstruments c:WithinOneYear 2023-03-31 OC383009 d:FRS102 2023-04-01 2024-03-31 OC383009 d:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC383009 d:FullAccounts 2023-04-01 2024-03-31 OC383009 d:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC383009 d:PartnerLLP1 2023-04-01 2024-03-31 OC383009 c:FurtherSpecificReserve2ComponentTotalEquity 2024-03-31 OC383009 c:FurtherSpecificReserve2ComponentTotalEquity 2023-03-31 OC383009 c:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC383009 c:FurtherSpecificReserve3ComponentTotalEquity 2023-03-31 iso4217:GBP xbrli:pure
Registered number: OC383009














BLOODTREE LLP

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

 
BLOODTREE LLP
REGISTERED NUMBER:OC383009

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
103
508

Cash at bank
 5 
1,759
1,710

  
1,862
2,218

Creditors: amounts falling due within one year
 6 
(869)
(1,150)

Net current assets
  
 
 
993
 
 
1,068

Total assets less current liabilities
  
993
1,068

  

Net assets
  
993
1,068


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 7 
34,801
32,020

  
34,801
32,020

Members' other interests
  

Other reserves classified as equity
  
(33,808)
(30,952)

  
 
(33,808)
 
(30,952)

  
993
1,068


Total members' interests
  

Loans and other debts due to members
 7 
34,801
32,020

Members' other interests
  
(33,808)
(30,952)

  
993
1,068


Page 1

 
BLOODTREE LLP
REGISTERED NUMBER:OC383009
    
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: 




G L Coxon
Designated member

Date: 29 November 2024

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

Bloodtree 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

 
BLOODTREE LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Bloodtree LLP is a limited liability partnership, registered in England and Wales, registration number OC383009. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.

The principal activity of the LLP continued to be that of live performance of music

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 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".

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

 
2.2

Going concern

The financial statements have been prepared on the going concern basis as the members have confirmed they will continue to provide necessary funding in order for the LLP to maintain operations and meet liabilities in full for at least the next 12 months. On this basis, the members are satisfied that the financial statements should be prepared on a going concern basis.

 
2.3

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 automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense in the profit and loss account. 

In the event of the LLP making losses, the loss is recognised as a credit amount of 'Members' remuneration charged as an expense where it is automatically divided or as a debit within equity under 'Other reserves' if not divided automatically.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. 

 
2.5

Cash

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

 
2.6

Creditors

Short-term creditors are measured at the transaction price. 

Page 3

 
BLOODTREE LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.7

Financial instruments

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


3.


Employees

The average monthly number of employees, including members, during the year was 2 (2023 - 2).


4.


Debtors

2024
2023
£
£


Other debtors
103
170

Prepayments
-
338

103
508



5.


Cash

2024
2023
£
£

Cash at bank
1,759
1,710



6.


Creditors: amounts falling due within one year

2024
2023
£
£

Accruals
869
1,150


Page 4

 
BLOODTREE LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

7.


Loans and other debts due to members


2024
2023
£
£



Other amounts due to members
34,801
32,020

Loans and other debts due to members may be further analysed as follows:

2024
2023
£
£



Falling due within one year
34,801
32,020

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

 
Page 5