Registered No. OC442277 (England and Wales)
MURPHY MUSIC LLP
Unaudited accounts
for the period from 1 June 2023 to 5 April 2024
MURPHY MUSIC LLP
LLP Information
for the period from 1 June 2023 to 5 April 2024
Designated members
Mr Mark Banks
Registered Number
OC442277 (England and Wales)
Registered Office
71-75 SHELTON STREET
COVENT GARDEN
LONDON
WC2H 9JQ
UNITED KINGDOM
MURPHY MUSIC LLP
Statement of financial position
as at 5 April 2024
Cash at bank and in hand
980
5,922
Creditors: amounts falling due within one year
(2,459)
(419)
Net current (liabilities)/assets
(1,479)
5,503
Net (liabilities)/assets attributable to members
(1,479)
5,503
Loans and other debts due to members
366
366
Other reserves
(1,845)
5,137
Loans and other debts due to members
366
366
Members' other interests
(1,845)
5,137
For the period ending 5 April 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 30 January 2025.
Mr Mark Banks
Designated member
Limited Liability Partnership Registration No. OC442277
MURPHY MUSIC LLP
Notes to the Accounts
for the period from 1 June 2023 to 5 April 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.
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.
MURPHY MUSIC LLP is a limited liability partnership, incorporated in England and Wales, registration number OC442277. Its registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, WC2H 9JQ, UNITED KINGDOM.
3
Creditors: amounts falling due within one year
2024
2023
4
Loans and other debts due to members
2024
2023
Loans from members
366
366
Amounts falling due within one year
366
366
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
5
Average number of employees
During the period the average number of employees was 2 (2023: 2).