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REGISTERED NUMBER: OC443663 (England and Wales)















Unaudited Financial Statements

for the Period 1 September 2023 to 31 March 2024

for

P&M Functional Fitness LLP

P&M Functional Fitness LLP (Registered number: OC443663)






Contents of the Financial Statements
for the Period 1 September 2023 to 31 March 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


P&M Functional Fitness LLP

General Information
for the Period 1 September 2023 to 31 March 2024







DESIGNATED MEMBERS: Mr C J Mason
Mr B Perry





REGISTERED OFFICE: Unit 22B Mandale Parl
Belmont Industrial Estate
Durham
Co. Durham
DH1 1TH





REGISTERED NUMBER: OC443663 (England and Wales)





ACCOUNTANTS: JBC Accountants Limited
Chartered Accountants
3B Lockheed Court
Preston Farm
Stockton on Tees
TS18 3SH

P&M Functional Fitness LLP (Registered number: OC443663)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,575 3,646

CURRENT ASSETS
Debtors 5 1,500 -
Cash at bank and in hand 13,768 3,813
15,268 3,813
CREDITORS
Amounts falling due within one year 6 13,400 300
NET CURRENT ASSETS 1,868 3,513
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

9,443

7,159

LOANS AND OTHER DEBTS DUE TO
MEMBERS

9,443

7,159

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 9,443 7,159

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 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.

P&M Functional Fitness LLP (Registered number: OC443663)

Balance Sheet - continued
31 March 2024


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

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 30 January 2025 and were signed by:





Mr C J Mason - Designated member

P&M Functional Fitness LLP (Registered number: OC443663)

Notes to the Financial Statements
for the Period 1 September 2023 to 31 March 2024

1. STATUTORY INFORMATION

P&M Functional Fitness 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.
Plant and machinery etc - 20% on reducing balance

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.

Taxation
Taxation on all the LLP's profits is solely the personal liability of individual members and is not dealt with in these financial statements.

3. EMPLOYEE INFORMATION

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 4,557
Additions 4,929
At 31 March 2024 9,486
DEPRECIATION
At 1 September 2023 911
Charge for period 1,000
At 31 March 2024 1,911
NET BOOK VALUE
At 31 March 2024 7,575
At 31 August 2023 3,646

P&M Functional Fitness LLP (Registered number: OC443663)

Notes to the Financial Statements - continued
for the Period 1 September 2023 to 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,500 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 13,400 300