Registered number
OC431395
BELTANE MARYLEBONE LLP
Filleted Accounts
31 March 2024
BELTANE MARYLEBONE LLP
Registered number: OC431395
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Investments 3 1,000 1,000
Current assets
Debtors 4 221 167
Creditors: amounts falling due within one year 5 (5,260) (4,120)
Net current liabilities (5,039) (3,953)
Total assets less current liabilities (4,039) (2,953)
Net liabilities attributable to members (4,039) (2,953)
Represented by:
Loans and other debts due to members 6 (4,039) (2,953)
(4,039) (2,953)
Total members' interests
Loans and other debts due to members 6 (4,039) (2,953)
(4,039) (2,953)
For the year ended 31 March 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 24 January 2025 and signed on their behalf by:
D B Roe
Designated member
BELTANE MARYLEBONE LLP
Notes to the Accounts
for the year ended 31 March 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.
Going Concern
At the balance sheet date, the LLP's liabilities exceeded its assets. The LLP has received assurance from the partners that they will continue to give financial support to the LLP for twelve months from the date of signing these financial statements.

On this basis, the partners consider it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the LLP's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realiseable amount and to provide for any further liabilities which might arise. The accounts do not include any adjustment to the LLP's assets or liabilities that might be necessary should this basis not continue to be appropriate.
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.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses.
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.
Members' capital
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional.
2 Employees 2024 2023
Number Number
Average number of persons employed by the LLP 4 4
3 Fixed asset investments
Other
investments
£
Cost
At 1 April 2023 1,000
At 31 March 2024 1,000
4 Debtors 2024 2023
£ £
Other debtors 221 167
5 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 5,260 4,120
6 Loans and other debts due to members 2024 2023
£ £
Amounts due to members in respect of profits (4,039) (2,953)
Amounts falling due within one year (4,039) (2,953)
Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.
7 Other information
BELTANE MARYLEBONE LLP is a limited liability partnership incorporated in England. Its registered office is:
Kempston
Mill Hill
Edenbridge
Kent
TN8 5DQ
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