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REGISTERED NUMBER: OC423181 (England and Wales)





















Financial Statements

for the Year Ended 30 June 2024

for

Targeting Zero LLP

Targeting Zero LLP (Registered number: OC423181)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

General Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Targeting Zero LLP

General Information
for the Year Ended 30 June 2024







DESIGNATED MEMBERS: S Sturgis
Simon Sturgis Limited





REGISTERED OFFICE: Grove Farm
Holbrook
Ipswich
IP9 2PH





REGISTERED NUMBER: OC423181 (England and Wales)





ACCOUNTANTS: Pinfold & Co
8 Deben Mill Business Centre
Old Maltings Approach
Woodbridge
Suffolk
IP12 1BL

Targeting Zero LLP (Registered number: OC423181)

Abridged Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,000 2,500
Tangible assets 5 875 -
2,875 2,500

CURRENT ASSETS
Debtors 19,958 25,421
Cash at bank 33,390 35,275
53,348 60,696
CREDITORS
Amounts falling due within one year 5,635 5,897
NET CURRENT ASSETS 47,713 54,799
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

50,588

57,299

LOANS AND OTHER DEBTS DUE TO
MEMBERS

6

50,588

57,299

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 50,588 57,299

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 30 June 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.

Targeting Zero LLP (Registered number: OC423181)

Abridged Balance Sheet - continued
30 June 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 June 2024 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 28 January 2025 and were signed by:





S Sturgis - Designated member

Targeting Zero LLP (Registered number: OC423181)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Targeting Zero 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 represents net invoiced sales of goods and services, excluding value added tax, arising from environmental consultancy.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

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.

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

3. EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2023
and 30 June 2024 5,000
AMORTISATION
At 1 July 2023 2,500
Amortisation for year 500
At 30 June 2024 3,000
NET BOOK VALUE

At 30 June 2024 2,000
At 30 June 2023 2,500

Targeting Zero LLP (Registered number: OC423181)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 1,166
At 30 June 2024 1,166
DEPRECIATION
Charge for year 291
At 30 June 2024 291
NET BOOK VALUE
At 30 June 2024 875

6. LOANS AND OTHER DEBTS DUE TO MEMBERS

Amounts included under loans and other debts due to members rank above other creditors.