Registered No. OC404224 (England and Wales)
Partners with Purpose LLP
Unaudited accounts
for the year ended 31 March 2024
Partners with Purpose LLP
LLP Information
for the year ended 31 March 2024
Designated members
Mr Giles Fry
Registered Number
OC404224 (England and Wales)
Registered Office
Office 7
35-37 Ludgate Hill
London
EC4M 7JN
UK
Partners with Purpose LLP
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
-
19,365
Creditors: amounts falling due within one year
(24,923)
(64,735)
Net current assets
86,568
39,429
Total assets less current liabilities
199,368
39,429
Creditors: amounts falling due after more than one year
(196,967)
(33,215)
Net assets attributable to members
2,401
6,214
Other reserves
2,401
6,214
Members' other interests
2,401
6,214
For the year ending 31 March 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small 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.
These 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.
Approved by the members on 10 January 2025.
Mr Giles Fry
Designated member
Limited Liability Partnership Registration No. OC404224
Partners with Purpose LLP
Notes to the Accounts
for the year ended 31 March 2024
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.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
6% Reducing Balance
Partners with Purpose LLP is a limited liability partnership, incorporated in England and Wales, registration number OC404224. Its registered office is Office 7, 35-37 Ludgate Hill, London, EC4M 7JN, UK.
3
Tangible fixed assets
Motor vehicles
4
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
7,796
6,600
Obligations under finance leases and hire purchase contracts
17,000
-
Taxes and social security costs
-
58,135
Partners with Purpose LLP
Notes to the Accounts
for the year ended 31 March 2024
5
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
38,434
-
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).