REGISTERED NUMBER: |
CV SOURCING LLP |
Unaudited Financial Statements for the Year Ended 30 April 2024 |
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
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 |
Cash at bank |
PAYABLES |
Amounts falling due within one year | 6 | ( |
) | ( |
) |
NET CURRENT ASSETS |
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 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 were approved by the members of the LLP and authorised for issue on |
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 |
5. | RECEIVABLES LESS THAN ONE YEAR |
2024 | 2023 |
£ | £ |
Other receivables |
6. | PAYABLES LESS THAN ONE YEAR |
2024 | 2023 |
£ | £ |
Amounts owed to group undertakings |
Accruals & deferred income |
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. |