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REGISTERED NUMBER: NC001610 (Northern Ireland)















CV SOURCING LLP

Unaudited Financial Statements for the Year Ended 30 April 2024






CV SOURCING LLP (REGISTERED NUMBER: NC001610)






Contents of the Financial Statements
FOR THE YEAR ENDED 30 APRIL 2024




Page

General Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


CV SOURCING LLP

General Information
FOR THE YEAR ENDED 30 APRIL 2024







DESIGNATED MEMBERS: Tracy Curran
Mark Curran





REGISTERED OFFICE: 2 Portadown Road
Armagh
Co. Armagh
BT61 9EE





REGISTERED NUMBER: NC001610 (Northern Ireland)





ACCOUNTANTS: CavanaghKelly
Chartered Accountants
36-38 Northland Row
Dungannon
Co. Tyrone
BT71 6AP

CV SOURCING LLP (REGISTERED NUMBER: NC001610)

Statement of Financial Position
30 APRIL 2024

2024 2023
Notes £ £
CURRENT ASSETS
Receivables 5 4,394 59,824
Cash at bank - 21,195
4,394 81,019
PAYABLES
Amounts falling due within one year 6 (1,819 ) (81,019 )
NET CURRENT ASSETS 2,575 -
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

2,575

-

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

2,575

-

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 2,575 -
Amounts due from members 5 (3,624 ) (47,983 )
(1,049 ) (47,983 )

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 30 April 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 and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 19 December 2024 and were signed by:





Mark Curran - Designated member

CV SOURCING LLP (REGISTERED NUMBER: NC001610)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

CV Sourcing LLP is registered in Northern Ireland. The LLP's registered number and registered office address can be found on the General Information page.

2. STATEMENT OF COMPLIANCE

The financial statements of the LLP have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland", applying Section 1A of the Standard, issued by the Financial Reporting Council and in accordance with the Companies Act 2006 as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The Financial Statements are prepared under the historical cost convention modified when necessary to include the revaluation of certain non-current assets.

The accounting policies detailed below have been applied consistently throughout the year..

Tangible fixed assets
Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. Cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:

Motor Vehicles- 20% Reducing Balance

The carrying values of property, plant and equipment are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Revenue
The revenue shown in the profit and loss account represents amounts received or receivable for goods and services provided in the normal course of business, exclusive of Value Added Tax.

Finance costs
Finance costs are charged to the Income Statement over the term of the debt.

Cash flow statement
The LLP has availed of the exemption in FRS 102 from the requirement to produce a cash flow statement because it is classed as a small LLP.

4. EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2023 - 2 ) .

5. RECEIVABLES LESS THAN ONE YEAR
2024 2023
£ £
Other receivables 4,394 59,824

6. PAYABLES LESS THAN ONE YEAR
2024 2023
£ £
Amounts owed to group undertakings - 79,200
Accruals & deferred income 1,819 1,819
1,819 81,019

CV SOURCING LLP (REGISTERED NUMBER: NC001610)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 APRIL 2024

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

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