Registered number
OC340256
TNM Coaching LLP
Filleted Accounts
30 September 2024
TNM Coaching LLP
Registered number: OC340256
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 5 1,491 2,236
Current assets
Debtors 6 1,764 267
Cash at bank and in hand 1,050,682 1,134,042
1,052,446 1,134,309
Creditors: amounts falling due within one year 7 (12,178) 1
Net current assets 1,040,268 1,134,310
Total assets less current liabilities 1,041,759 1,136,546
Net assets attributable to members 1,041,759 1,136,546
Represented by:
Loans and other debts due to members 8 1,041,759 1,136,546
1,041,759 1,136,546
Total members' interests
Loans and other debts due to members 8 1,041,759 1,136,546
1,041,759 1,136,546
For the year ended 30 September 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to 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.
The 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.
These accounts were approved by the members on 7 February 2025 and signed on their behalf by:
Mark Alan Muller
For and on behalf of Zoto Limited
as designated member
TNM Coaching LLP
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Division of profits
Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account.
Taxation
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2024 2023
Number Number
Average number of persons employed by the LLP 0 0
3 Turnover 2024 2023
£ £
Turnover attributable to geographical markets outside the UK 97% 97%
4 Members' remuneration charged as an expense 2024 2023
£ £
Automatic division of profits (losses) (94,787) 50,919
5 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 October 2023 2,982
At 30 September 2024 2,982
Depreciation
At 1 October 2023 746
Charge for the year 745
At 30 September 2024 1,491
Net book value
At 30 September 2024 1,491
At 30 September 2023 2,236
6 Debtors 2024 2023
£ £
Vat refundable 1,764 267
7 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 11,177 -
Other creditors 1,001 (1)
12,178 (1)
8 Loans and other debts due to members 2024 2023
£ £
Amounts due to members in respect of profits 1,041,759 1,136,546
Amounts falling due within one year 1,041,759 1,136,546
Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.
9 Other information
TNM Coaching LLP is a limited liability partnership incorporated in England. Its registered office is:
7 Bell Yard
London
United Kingdom
WC2A 2JR
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