Registered No. OC443787 (England and Wales)
Super Tenants LLP
Filleted accounts
for the year ended 31 March 2024
Super Tenants LLP
LLP Information
for the year ended 31 March 2024
Designated members
Dom Martin Music Ltd
Registered Number
OC443787 (England and Wales)
Registered Office
37a Fellowes Way
Stevenage
Hertfordshire
SG2 8BS
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
Super Tenants LLP
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
10,817
15,952
Creditors: amounts falling due within one year
(31,268)
(34,324)
Net current assets
8,038
11,038
Net assets attributable to members
8,038
11,038
Members' capital classified as equity
-
3,000
Other reserves
8,038
8,038
Members' other interests
8,038
11,038
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 18 January 2025.
Mr Timothy Karp
Designated member
Limited Liability Partnership Registration No. OC443787
Super Tenants 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense.
Members are expected to subscribe a minimum amount of capital and may be invited to contribute more. On retirement, all capital is repaid to the member concerned.
Members' shares in the profit or loss for the year available for discretionary division among the members are accounted for as an allocation of that balance. Allocated balances are split between the members with any unallocated balances being included within 'Other reserves'. Members are permitted to make drawings in anticipation of that allocation, subject to the agreement of the other members.
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
Super Tenants LLP is a limited liability partnership, incorporated in England and Wales, registration number OC443787. Its registered office is 37a Fellowes Way, Stevenage, Hertfordshire, SG2 8BS.
3
Creditors: amounts falling due within one year
2024
2023
Trade creditors
3,451
2,012
Taxes and social security costs
5,812
1,205
Deferred income
21,021
29,410
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
Super Tenants LLP
Notes to the Accounts
for the year ended 31 March 2024
5
Average number of employees
During the year the average number of employees was 3 (2023: 3).