IRIS Accounts Production v24.3.2.46 OC316016 designated member 1.5.23 30.4.24 30.4.24 No description of principal activity 0 false true false false true true iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC3160162023-04-30OC3160162024-04-30OC3160162023-05-012024-04-30OC3160162022-04-30OC3160162022-05-012023-04-30OC3160162023-04-30OC316016ns15:EnglandWales2023-05-012024-04-30OC316016ns14:PoundSterling2023-05-012024-04-30OC316016ns10:PartnerLLP12023-05-012024-04-30OC316016ns10:LimitedLiabilityPartnershipLLP2023-05-012024-04-30OC316016ns10:SmallEntities2023-05-012024-04-30OC316016ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-30OC316016ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-30OC316016ns10:LimitedLiabilityPartnershipsSORP2023-05-012024-04-30OC316016ns10:FullAccounts2023-05-012024-04-30OC316016ns10:PartnerLLP22023-05-012024-04-30OC316016ns10:PartnerLLP32023-05-012024-04-30OC316016ns10:RegisteredOffice2023-05-012024-04-30OC316016ns5:CurrentFinancialInstruments2024-04-30OC316016ns5:CurrentFinancialInstruments2023-04-30OC316016ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-30OC316016ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-30
REGISTERED NUMBER: OC316016 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

CKFT (HAMPSTEAD) LLP

CKFT (HAMPSTEAD) LLP (REGISTERED NUMBER: OC316016)






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




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 3

CKFT (HAMPSTEAD) LLP

General Information
for the Year Ended 30 April 2024







DESIGNATED MEMBERS: Mr G S Kaye
J A Frost
Ms S M Kaye





REGISTERED OFFICE: Bank Chambers
Lower Ground Floor
375 Regents Park Road
London
N3 1DE





REGISTERED NUMBER: OC316016 (England and Wales)

CKFT (HAMPSTEAD) LLP (REGISTERED NUMBER: OC316016)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £   
CURRENT ASSETS
Debtors 4 2,635,160 2,635,160
Cash at bank 1,645 1,645
2,636,805 2,636,805
CREDITORS
Amounts falling due within one year 5 (1,290,347 ) (1,290,347 )
NET CURRENT ASSETS 1,346,458 1,346,458
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

1,346,458

1,346,458

LOANS AND OTHER DEBTS DUE TO
MEMBERS

6

1,346,458

1,346,458

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 1,346,458 1,346,458

The LLP is entitled to exemption from audit under Section 480 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 April 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.

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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 31 January 2025 and were signed by:





J A Frost - Designated member

CKFT (HAMPSTEAD) LLP (REGISTERED NUMBER: OC316016)

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

1. STATUTORY INFORMATION

Ckft (Hampstead) Llp is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Financial instruments
The company has elected to apply the provisions of Schedule 1A of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 3 (2023 - NIL ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 2,635,160 2,635,160

CKFT (HAMPSTEAD) LLP (REGISTERED NUMBER: OC316016)

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

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 8,399 8,399
Other creditors 1,281,948 1,281,948
1,290,347 1,290,347

6. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.