Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-12-01falseConsultancy22truefalse OC359142 2022-12-01 2024-03-31 OC359142 2021-12-01 2022-11-30 OC359142 2024-03-31 OC359142 2022-11-30 OC359142 c:MotorVehicles 2022-12-01 2024-03-31 OC359142 c:MotorVehicles 2024-03-31 OC359142 c:MotorVehicles 2022-11-30 OC359142 c:MotorVehicles c:OwnedOrFreeholdAssets 2022-12-01 2024-03-31 OC359142 c:FurnitureFittings 2022-12-01 2024-03-31 OC359142 c:FurnitureFittings 2024-03-31 OC359142 c:FurnitureFittings 2022-11-30 OC359142 c:FurnitureFittings c:OwnedOrFreeholdAssets 2022-12-01 2024-03-31 OC359142 c:OwnedOrFreeholdAssets 2022-12-01 2024-03-31 OC359142 c:CurrentFinancialInstruments 2024-03-31 OC359142 c:CurrentFinancialInstruments 2022-11-30 OC359142 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC359142 c:CurrentFinancialInstruments c:WithinOneYear 2022-11-30 OC359142 d:FRS102 2022-12-01 2024-03-31 OC359142 d:AuditExempt-NoAccountantsReport 2022-12-01 2024-03-31 OC359142 d:FullAccounts 2022-12-01 2024-03-31 OC359142 d:LimitedLiabilityPartnershipLLP 2022-12-01 2024-03-31 OC359142 d:PartnerLLP1 2022-12-01 2024-03-31 OC359142 d:PartnerLLP2 2022-12-01 2024-03-31 OC359142 c:OtherCapitalInstrumentsClassifiedAsEquity 2024-03-31 OC359142 c:OtherCapitalInstrumentsClassifiedAsEquity 2022-11-30 OC359142 c:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC359142 c:FurtherSpecificReserve3ComponentTotalEquity 2022-11-30 OC359142 e:PoundSterling 2022-12-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: OC359142









Global Tile Agency LLP







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
GLOBAL TILE AGENCY LLP
REGISTERED NUMBER: OC359142

BALANCE SHEET
AS AT 31 MARCH 2024

31 March
30 November
2024
2022
Note
£
£

Fixed assets
  

Tangible assets
 5 
9,214
13,541

  
9,214
13,541

Current assets
  

Debtors: amounts falling due within one year
 6 
115,482
40,936

Cash at bank and in hand
 7 
1,641
740

  
117,123
41,676

Creditors: Amounts Falling Due Within One Year
 8 
(92,654)
(2,983)

Net current assets
  
 
 
24,469
 
 
38,693

Total assets less current liabilities
  
33,683
52,234

  

Net assets
  
33,683
52,234


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
  
33,583
52,134

  
33,583
52,134

Members' other interests
  

Members' capital classified as equity
  
100
100

  
 
100
 
100

  
33,683
52,234


Total members' interests
  

Loans and other debts due to members
  
33,583
52,134

Members' other interests
  
100
100

  
33,683
52,234


Page 1

 
GLOBAL TILE AGENCY LLP
REGISTERED NUMBER: OC359142
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

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

The entity has opted not to file the statement of comprehensive income 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 on 31 January 2025.




Andrew Twigger
Christina Rossi
Designated member
Designated member

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
GLOBAL TILE AGENCY LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Global Tile Agency LLP is a limited liability partnership incorporated in England & Wales. Its registered office is 101 New Cavendish Street, 1st Floor South, London, England, W1W 6XH


2.


Accounting period

The accounting period has been extended from 30 November 2023 to 31 March 2024, The current period is 16 months, while the comparison period is 12 months. 

3.Accounting policies

 
3.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

 
3.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the LLP and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the LLP will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
3.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
GLOBAL TILE AGENCY LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

3.Accounting policies (continued)


3.3
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
25% Reducing Balance
Fixtures and fittings
-
25% Reducing Balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
3.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
3.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
3.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


4.


Employees

The average monthly number of employees, including directors, during the Period was 2 (2022 - 2).

Page 4

 
GLOBAL TILE AGENCY LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

5.


Tangible fixed assets







Motor vehicles
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 December 2022
53,201
4,599
57,800


Additions
-
250
250



At 31 March 2024

53,201
4,849
58,050



Depreciation


At 1 December 2022
40,780
3,480
44,260


Charge for the Period on owned assets
4,140
436
4,576



At 31 March 2024

44,920
3,916
48,836



Net book value



At 31 March 2024
8,281
933
9,214



At 30 November 2022
12,421
1,119
13,540


6.


Debtors

31 March
30 November
2024
2022
£
£


Trade debtors
115,482
40,657

Other debtors
-
278

115,482
40,935


Page 5

 
GLOBAL TILE AGENCY LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

7.


Cash and cash equivalents

31 March
30 November
2024
2022
£
£

Cash at bank and in hand
1,641
740

Less: bank overdrafts
(4,817)
-

(3,176)
740



8.


Creditors: Amounts falling due within one year

31 March
30 November
2024
2022
£
£

Bank overdrafts
4,817
-

Trade creditors
5,758
-

Other taxation and social security
4,319
-

Other creditors
76,360
1,583

Accruals and deferred income
1,400
1,400

92,654
2,983


 
Page 6