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REGISTERED NUMBER: OC435388 (England and Wales)















Report of the Members and

Unaudited Cessation Financial Statements

for the Period 31 March 2023 to 30 September 2023

for

Luna Charles Limited Liability
Partnership

Luna Charles Limited Liability
Partnership (Registered number: OC435388)






Contents of the Financial Statements
for the Period 31 March 2023 to 30 September 2023




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


Luna Charles Limited Liability
Partnership

General Information
for the Period 31 March 2023 to 30 September 2023







DESIGNATED MEMBERS: Miss L J Millner
Miss E J O'Reilly





REGISTERED OFFICE: 179 Stourbridge Road
Bromsgrove
West Midlands
B61 0AP





REGISTERED NUMBER: OC435388 (England and Wales)





ACCOUNTANTS: Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS

Luna Charles Limited Liability
Partnership (Registered number: OC435388)

Report of the Members
for the Period 31 March 2023 to 30 September 2023

The members present their report with the financial statements of the LLP for the period 31 March 2023 to 30 September 2023.

CESSATION OF TRADING
The LLP ceased trading on 30 September 2023.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the period under review was that of an ecommerce retailer of fashion accessories.

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

Miss L J Millner
Miss E J O'Reilly

Miss SV Barker resigned on 13 February 2022.

RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS
The profit for the period before members' remuneration and profit shares was £5,442 (2023 - £3,075 profit).

MEMBERS' INTERESTS
The members are entitled to draw monthly, on account of profit, such sums as may from time to time be mutually agreed.

The capital requisite for carrying on the business of the LLP shall be agreed and contributed by the members from time to time. The total amount of and the relating contributions of the members to the fixed capital of the LLP shall be in the shares in which they are entitled to the net profits of the LLP. Partners moving up in relative profit sharing will contribute the relevant proportion of additional capital before being entitled to more shares.

ON BEHALF OF THE MEMBERS:





Miss E J O'Reilly - Designated member


21 January 2025

Luna Charles Limited Liability
Partnership (Registered number: OC435388)

Income Statement
for the Period 31 March 2023 to 30 September 2023

Period Period
31.3.23 1.4.22
to to
30.9.23 30.3.23
£    £   

TURNOVER 41,021 71,120

Cost of sales (5,844 ) (25,911 )
GROSS PROFIT 35,177 45,209

Distribution costs (4,557 ) (7,197 )
Administrative expenses (24,507 ) (29,845 )
OPERATING PROFIT 6,113 8,167


Interest payable and similar expenses (671 ) (5,092 )
PROFIT FOR THE FINANCIAL PERIOD
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE
FOR DISCRETIONARY DIVISION
AMONG MEMBERS




5,442




3,075

Luna Charles Limited Liability
Partnership (Registered number: OC435388)

Balance Sheet
30 September 2023

30.9.23 30.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 5 146 190

CURRENT ASSETS
Stocks 37,291 14,452
Cash at bank 4,736 13,216
42,027 27,668
CREDITORS
Amounts falling due within one year 6 (13,576 ) (5,905 )
NET CURRENT ASSETS 28,451 21,763
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,597

21,953

CREDITORS
Amounts falling due after more than one
year

7

(5,413

)

(12,361

)
NET ASSETS ATTRIBUTABLE TO
MEMBERS

23,184

9,592

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

23,184

9,592

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 23,184 9,592

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 period ended 30 September 2023.

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.

Luna Charles Limited Liability
Partnership (Registered number: OC435388)

Balance Sheet - continued
30 September 2023


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 21 January 2025 and were signed by:





Miss L J Millner - Designated member

Luna Charles Limited Liability
Partnership (Registered number: OC435388)

Notes to the Financial Statements
for the Period 31 March 2023 to 30 September 2023

1. STATUTORY INFORMATION

Luna Charles Limited Liability Partnership is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.
Plant and machinery etc - 25% on cost and 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

4. EMPLOYEE INFORMATION

The average number of employees during the period was NIL (2023 - NIL).

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 31 March 2023
and 30 September 2023 376
DEPRECIATION
At 31 March 2023 186
Charge for period 44
At 30 September 2023 230
NET BOOK VALUE
At 30 September 2023 146
At 30 March 2023 190

Luna Charles Limited Liability
Partnership (Registered number: OC435388)

Notes to the Financial Statements - continued
for the Period 31 March 2023 to 30 September 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.3.23
£    £   
Other creditors 13,576 5,905

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.23 30.3.23
£    £   
Other creditors 5,413 12,361

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

Third party creditors will take priority over amounts due to members.