IRIS Accounts Production v24.3.0.553 OC440957 designated member 1.3.23 31.3.24 31.3.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC4409572023-02-28OC4409572024-03-31OC4409572023-03-012024-03-31OC4409572022-02-07OC4409572022-02-082023-02-28OC4409572023-02-28OC440957ns15:EnglandWales2023-03-012024-03-31OC440957ns14:PoundSterling2023-03-012024-03-31OC440957ns10:PartnerLLP12023-03-012024-03-31OC440957ns10:LimitedLiabilityPartnershipLLP2023-03-012024-03-31OC440957ns10:SmallEntities2023-03-012024-03-31OC440957ns10:AuditExemptWithAccountantsReport2023-03-012024-03-31OC440957ns10:SmallCompaniesRegimeForAccounts2023-03-012024-03-31OC440957ns10:LimitedLiabilityPartnershipsSORP2023-03-012024-03-31OC440957ns10:FullAccounts2023-03-012024-03-31OC44095712023-03-012024-03-31OC440957ns10:PartnerLLP22023-03-012024-03-31OC440957ns10:RegisteredOffice2023-03-012024-03-31OC440957ns5:CurrentFinancialInstruments2024-03-31OC440957ns5:CurrentFinancialInstruments2023-02-28OC440957ns5:Non-currentFinancialInstruments2024-03-31OC440957ns5:Non-currentFinancialInstruments2023-02-28OC440957ns5:IntangibleAssetsOtherThanGoodwill2023-03-012024-03-31OC440957ns5:PatentsTrademarksLicencesConcessionsSimilar2023-03-012024-03-31OC440957ns5:PatentsTrademarksLicencesConcessionsSimilar2022-02-082023-02-28OC440957ns5:IntangibleAssetsOtherThanGoodwill2023-02-28OC440957ns5:IntangibleAssetsOtherThanGoodwill2024-03-31OC440957ns5:IntangibleAssetsOtherThanGoodwill2023-02-28OC440957ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-31OC440957ns5:WithinOneYearns5:CurrentFinancialInstruments2023-02-28
REGISTERED NUMBER: OC440957 (England and Wales)















Report of the Members and

Unaudited Financial Statements

for the period

1st March 2023 to 31st March 2024

for

RPMHLV LLP

RPMHLV LLP (Registered number: OC440957)






Contents of the Financial Statements
for the period 1st March 2023 to 31st March 2024




Page

General Information 1

Report of the Members 2

Report of the Accountants 3

Income Statement 4

Balance Sheet 5

Notes to the Financial Statements 7


RPMHLV LLP

General Information
for the period 1st March 2023 to 31st March 2024







DESIGNATED MEMBERS: Miss R J Parkins
Mr M R Harrison





REGISTERED OFFICE: Black Bull House
353 - 355 Station Road
Bamber Bridge
Lancashire
PR5 6EE





REGISTERED NUMBER: OC440957 (England and Wales)





ACCOUNTANTS: Robin Oatridge & Co Limited
Chartered Certified Accountants
Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE

RPMHLV LLP (Registered number: OC440957)

Report of the Members
for the period 1st March 2023 to 31st March 2024

The members present their report with the financial statements of the LLP for the period 1st March 2023 to 31st March 2024.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the period under review was that of

DESIGNATED MEMBERS
The designated members during the period under review were:

Miss R J Parkins
Mr M R Harrison

RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS
The loss for the period before members' remuneration and profit shares was £884 (2023 - £9,040 profit).

MEMBERS' INTERESTS

STATEMENT OF MEMBERS' RESPONSIBILITIES
The members are responsible for preparing the Report of the Members and the financial statements in accordance with applicable law and regulations.

Legislation applicable to limited liability partnerships requires the members to prepare financial statements for each financial year. Under that law the members have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under legislation applicable to limited liability partnerships the members must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the LLP and of the profit or loss of the LLP for that period. In preparing these financial statements, the members are required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the LLP will continue in business.

The members are responsible for keeping adequate accounting records that are sufficient to show and explain the LLP's transactions and disclose with reasonable accuracy at any time the financial position of the LLP and enable them to ensure that the financial statements comply with the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. They are also responsible for safeguarding the assets of the LLP and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

ON BEHALF OF THE MEMBERS:





Miss R J Parkins - Designated member


27th February 2025

RPMHLV LLP

Report of the Accountants to the Members of
RPMHLV LLP


As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 31st March 2024 set out on pages four to eight and you consider that the LLP is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Robin Oatridge & Co Limited
Chartered Certified Accountants
Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE


Date: .............................................

RPMHLV LLP (Registered number: OC440957)

Income Statement
for the period 1st March 2023 to 31st March 2024

Period Period
1/3/23 8/2/22
to to
31/3/24 28/2/23
Notes £    £   

TURNOVER 24,982 21,684

Cost of sales 12,582 9,242
GROSS PROFIT 12,400 12,442

Administrative expenses 13,284 3,402
OPERATING (LOSS)/PROFIT and
(LOSS)/PROFIT FOR THE FINANCIAL
PERIOD BEFORE MEMBERS'
REMUNERATION AND PROFIT SHARES
AVAILABLE FOR DISCRETIONARY
DIVISION AMONG MEMBERS




(884




)




9,040

RPMHLV LLP (Registered number: OC440957)

Balance Sheet
31st March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 14,630 15,400

CURRENT ASSETS
Debtors 6 1,358 1,074
Cash at bank 6,799 3,969
8,157 5,043
CREDITORS
Amounts falling due within one year 7 654 630
NET CURRENT ASSETS 7,503 4,413
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,133

19,813

CREDITORS
Amounts falling due after more than one year 8 13,420 14,590
NET ASSETS ATTRIBUTABLE TO
MEMBERS

8,713

5,223

LOANS AND OTHER DEBTS DUE TO
MEMBERS

9

8,713

5,223

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 9 8,713 5,223
Amounts due from members 6 (9 ) -
8,704 5,223

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 31st 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.

RPMHLV LLP (Registered number: OC440957)

Balance Sheet - continued
31st March 2024


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

The financial statements were approved by the members of the LLP and authorised for issue on 27th February 2025 and were signed by:





Miss R J Parkins - Designated member

RPMHLV LLP (Registered number: OC440957)

Notes to the Financial Statements
for the period 1st March 2023 to 31st March 2024

1. STATUTORY INFORMATION

RPMHLV 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of twenty years.

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.

3. EMPLOYEE INFORMATION

The average number of employees during the period was 2 (2023 - 2 ) .

4. OPERATING (LOSS)/PROFIT

The operating loss (2023 - operating profit) is stated after charging:

Period Period
1/3/23 8/2/22
to to
31/3/24 28/2/23
£    £   
Patents and licences amortisation 770 -

RPMHLV LLP (Registered number: OC440957)

Notes to the Financial Statements - continued
for the period 1st March 2023 to 31st March 2024

5. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1st March 2023
and 31st March 2024 15,400
AMORTISATION
Charge for period 770
At 31st March 2024 770
NET BOOK VALUE
At 31st March 2024 14,630
At 28th February 2023 15,400

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,349 1,074
Other debtors 9 -
1,358 1,074

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 654 630

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 13,420 14,590

9. LOANS AND OTHER DEBTS DUE TO MEMBERS

In the case of an insolvent winding up the members will rank 'pari passu' with other unsecured creditors of the LLP.