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REGISTERED NUMBER: OC421148 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2024

FOR

WE MAKE FOOTBALLERS (MILTON KEYNES) LLP

WE MAKE FOOTBALLERS (MILTON KEYNES) LLP (REGISTERED NUMBER: OC421148)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WE MAKE FOOTBALLERS (MILTON KEYNES) LLP

GENERAL INFORMATION
for the year ended 31 March 2024







DESIGNATED MEMBERS: R J Lew
R E Lew





REGISTERED OFFICE: Swatton Barn
Badbury
Swindon
Wiltshire
SN4 0EU





REGISTERED NUMBER: OC421148 (England and Wales)





ACCOUNTANTS: the dt group
Chartered Accountants
Swatton Barn
Badbury
Swindon
Wiltshire
SN4 0EU

WE MAKE FOOTBALLERS (MILTON KEYNES) LLP (REGISTERED NUMBER: OC421148)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 23,202 31,141
23,202 31,141

CURRENT ASSETS
Debtors 6 16,688 9,099
Cash at bank 7,327 2,440
24,015 11,539
NET CURRENT ASSETS 24,015 11,539
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

47,217

42,680

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

47,217

42,680

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 47,217 42,680
Amounts due from members 6 (16,073 ) (8,590 )
31,144 34,090

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 31 March 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.

WE MAKE FOOTBALLERS (MILTON KEYNES) LLP (REGISTERED NUMBER: OC421148)

BALANCE SHEET - continued
31 March 2024


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 22 January 2025 and were signed by:




R J Lew - Designated member




R E Lew - Designated member


WE MAKE FOOTBALLERS (MILTON KEYNES) LLP (REGISTERED NUMBER: OC421148)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024

1. STATUTORY INFORMATION

We Make Footballers (Milton Keynes) LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Franchise fees are being amortised evenly over their estimated useful life of five years.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% straight line basis

3. EMPLOYEE INFORMATION

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2023
and 31 March 2024 2,500
AMORTISATION
At 1 April 2023
and 31 March 2024 2,500
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

WE MAKE FOOTBALLERS (MILTON KEYNES) LLP (REGISTERED NUMBER: OC421148)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 41,089
DEPRECIATION
At 1 April 2023 9,948
Charge for year 7,939
At 31 March 2024 17,887
NET BOOK VALUE
At 31 March 2024 23,202
At 31 March 2023 31,141

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 16,688 9,099

7. LOANS AND OTHER DEBTS DUE TO MEMBERS
2024 2023
£    £   
Amounts owed to members in respect of profits 47,217 42,680

Falling due within one year 47,217 42,680

Amounts due to members rank equally alongside the other unsecured creditors.