Registered number
OC446255
TMH PARTNERS SIMPLY SAVINGS LLP
Filleted Accounts
31 March 2024
TMH PARTNERS SIMPLY SAVINGS LLP
Registered number: OC446255
Balance Sheet
as at 31 March 2024
Notes 2024
£
Fixed assets
Tangible assets 3 5,843
Current assets
Cash at bank and in hand 222,428
Creditors: amounts falling due within one year 4 (74,225)
Net current assets 148,203
Total assets less current liabilities 154,046
Net assets attributable to members 154,046
Represented by:
Members' other interests
Members' capital classified as equity 80,919
Other reserves 73,127
154,046
154,046
Total members' interests
Members' other interests 154,046
154,046
For the period 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 10 February 2025 and signed on their behalf by:
Mahwash Shafqat Ali Syed Tariq Amin Hassan
Designated member Designated member
TMH PARTNERS SIMPLY SAVINGS LLP
Notes to the Accounts
for the period from 13 March 2023 to 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.
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.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
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.
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.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024
Number
Average number of persons employed by the LLP 0
3 Tangible fixed assets
Plant and machinery etc
£
Cost
Additions 6,874
At 31 March 2024 6,874
Depreciation
Charge for the period 1,031
At 31 March 2024 1,031
Net book value
At 31 March 2024 5,843
4 Creditors: amounts falling due within one year 2024
£
Other taxes and social security costs 14,225
Other creditors 60,000
74,225
5 Other information
TMH PARTNERS SIMPLY SAVINGS LLP is a limited liability partnership incorporated in England. Its registered office is:
Flat 20 Admiral House
Upper Charles Street
Camberley
United Kingdom
GU15 3BE
TMH PARTNERS SIMPLY SAVINGS LLP OC446255 false 2023-03-13 2024-03-31 2024-03-31 VT Final Accounts July 2024 Mahwash Shafqat Ali No description of principal activity OC446255 2023-03-13 2024-03-31 OC446255 bus:LimitedLiabilityPartnershipLLP 2023-03-13 2024-03-31 OC446255 bus:AuditExemptWithAccountantsReport 2023-03-13 2024-03-31 OC446255 bus:PartnerLLP20 2023-03-13 2024-03-31 OC446255 3 2023-03-13 2024-03-31 OC446255 4 2023-03-13 2024-03-31 OC446255 countries:England 2023-03-13 2024-03-31 OC446255 bus:FRS102 2023-03-13 2024-03-31 OC446255 bus:FilletedAccounts 2023-03-13 2024-03-31 OC446255 2024-03-31 OC446255 core:WithinOneYear 2024-03-31 OC446255 core:ShareCapital 2024-03-31 OC446255 core:RetainedEarningsAccumulatedLosses 2024-03-31 OC446255 2023-03-12 iso4217:GBP xbrli:pure