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REGISTERED NUMBER: OC428149 (England and Wales)















Report of the Members and

Unaudited Financial Statements for the Year Ended 31 March 2024

for

Lime Architects LLP

Lime Architects LLP (Registered number: OC428149)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


Lime Architects LLP

General Information
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: Ms M Borst
R Hughes





REGISTERED OFFICE: The Forge
Lime office 1
20 Beardell Street
London
SE19 1TP





REGISTERED NUMBER: OC428149 (England and Wales)





ACCOUNTANTS: Thornton Springer LLP
Chartered Accountants
67 Westow Street
London
SE19 3RW

Lime Architects LLP (Registered number: OC428149)

Report of the Members
for the Year Ended 31 March 2024

The members present their report with the financial statements of the LLP for the year ended 31 March 2024.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the year under review was that of architects

DESIGNATED MEMBERS
The designated members during the year under review were:

Ms M Borst
R Hughes

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £14,144 (2023 - £22,219 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





R Hughes - Designated member


29 January 2025

Lime Architects LLP (Registered number: OC428149)

Income Statement
for the Year Ended 31 March 2024

31.3.24 31.3.23
Notes £    £   

TURNOVER 40,052 90,808

Cost of sales (3,485 ) (40,281 )
GROSS PROFIT 36,567 50,527

Administrative expenses (27,092 ) (31,622 )
9,475 18,905

Other operating income 4,669 3,314
OPERATING PROFIT and
PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS




14,144




22,219

Lime Architects LLP (Registered number: OC428149)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 5 648 864

CURRENT ASSETS
Debtors 6 22,739 33,371
Cash at bank and in hand 5,772 4,431
28,511 37,802
CREDITORS
Amounts falling due within one year 7 (8,348 ) (13,574 )
NET CURRENT ASSETS 20,163 24,228
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,811

25,092

CREDITORS
Amounts falling due after more than one year 8 (20,811 ) (25,092 )
NET LIABILITIES ATTRIBUTABLE TO
MEMBERS

-

-

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

TOTAL MEMBERS' INTERESTS
Amounts due from members 6 (13,739 ) (33,371 )

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.

Lime Architects LLP (Registered number: OC428149)

Balance Sheet - continued
31 March 2024


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

The financial statements were approved by the members of the LLP and authorised for issue on 29 January 2025 and were signed by:





R Hughes - Designated member

Lime Architects LLP (Registered number: OC428149)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Lime Architects LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEE INFORMATION

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

4. OPERATING PROFIT

The operating profit is stated after charging:

31.3.24 31.3.23
£    £   
Depreciation - owned assets 216 287

Lime Architects LLP (Registered number: OC428149)

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 1,673
DEPRECIATION
At 1 April 2023 809
Charge for year 216
At 31 March 2024 1,025
NET BOOK VALUE
At 31 March 2024 648
At 31 March 2023 864

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 9,000 -
Other debtors 13,739 33,371
22,739 33,371

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 7,000 10,000
Taxation and social security 1,089 2,878
Other creditors 259 696
8,348 13,574

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 20,811 25,092