Caseware UK (AP4) 2024.0.164 2024.0.164 2024-04-302024-04-30false2023-05-01Maintenance and Repair of Motor Vehicles67falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC407638 2023-05-01 2024-04-30 OC407638 2022-05-01 2023-04-30 OC407638 2024-04-30 OC407638 2023-04-30 OC407638 c:CurrentFinancialInstruments c:WithinOneYear 2024-04-30 OC407638 c:CurrentFinancialInstruments c:WithinOneYear 2023-04-30 OC407638 c:Non-currentFinancialInstruments c:AfterOneYear 2024-04-30 OC407638 c:Non-currentFinancialInstruments c:AfterOneYear 2023-04-30 OC407638 d:Micro-entities 2023-05-01 2024-04-30 OC407638 d:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 OC407638 d:FullAccounts 2023-05-01 2024-04-30 OC407638 d:LimitedLiabilityPartnershipLLP 2023-05-01 2024-04-30 OC407638 d:PartnerLLP1 2023-05-01 2024-04-30 OC407638 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: OC407638









TH MOTORSPORT LLP







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
TH MOTORSPORT LLP
REGISTERED NUMBER: OC407638

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
£
£

  

Fixed assets
  
30,038
34,411

  
30,038
34,411

Current assets
  
57,158
65,082

Creditors: amounts falling due within one year
  
(125,789)
(130,904)

Net current liabilities
  
 
 
(68,631)
 
 
(65,822)

Total assets less current liabilities
  
(38,593)
(31,411)

Creditors: amounts falling due after more than one year
  
(32,182)
(37,674)

  
(70,775)
(69,085)

Net liabilities attributable to members
  
(70,775)
(69,085)


Total members' interests
  
 
(70,775)
 
(69,085)


Page 1

 
TH MOTORSPORT LLP
REGISTERED NUMBER: OC407638
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

Notes


General information

TH Motorsport LLP is a Limited Liability Partnership registered in England and Wales. The address of the company's registered office is C/O Hillier Hopkins LLP First Floor, Radius House, 51 Clarendon Road, Watford, Hertfordshire, United Kingdom, WD17 1HP. 


Average number of employees

The average monthly number of employees, including directors, during the year was 6 (2023 - 7).

These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro LLPs regime.

The entity was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

The financial statements have been delivered in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf by: 




S Humphrey
Designated member

Date: 28 January 2025

The notes on page 3 form part of these financial statements.

TH Motorsport LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of Changes in Equity.

Page 2

 
TH MOTORSPORT LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
 
1.1

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense in .


2.


Loans and other debts due to/(from) members


2024
2023
£
£



Other amounts due to/(from) members
(70,775)
(69,085)

(70,775)
(69,085)

Loans and other debts due to/(from) members may be further analysed as follows:

2024
2023
£
£



Falling due within one year
(70,775)
(69,085)

(70,775)
(69,085)

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

 
Page 3