No.3 Hair and Beauty LLP Filleted Accounts Cover |
Registered No. SO306968 | |||||||||
No.3 Hair and Beauty LLP Balance Sheet Registrar |
at | ||||||||||
Registered No. | Notes | 2024 | 2023 | |||||||
£ | £ | |||||||||
Fixed assets | ||||||||||
Tangible assets | 5 | 18,664 | 18,664 | |||||||
18,664 | 18,664 | |||||||||
Current assets | ||||||||||
Debtors | 6 | 2,000 | 2,000 | |||||||
Cash at bank and in hand | 1,474 | 1,263 | ||||||||
3,474 | 3,263 | |||||||||
Creditors: Amounts falling due within one year | 7 | (1,143) | (1,329) | |||||||
Net current assets | 2,331 | 1,934 | ||||||||
Total assets less current liabilities | 20,995 | 20,598 | ||||||||
Net assets attributable to members | 20,995 | 20,598 | ||||||||
Represented by: | ||||||||||
Members' other interests | ||||||||||
Members' capital | 14,247 | 14,247 | ||||||||
Other reserves | 6,748 | 6,351 | ||||||||
20,995 | 20,598 | |||||||||
20,995 | 20,598 | |||||||||
Approved by the members on 10 January 2025 and signed on its behalf by: | ||||||||||
L.A. Allison | ||||||||||
Designated member | ||||||||||
10 January 2025 |
No.3 Hair and Beauty LLP Notes to the Accounts Registrar |
for the period ended 31 March 2024 | ||||||||||||||||
1 | General information | |||||||||||||||
No.3 Hair and Beauty LLP is a limited liability partnership and incorporated in Scotland. | ||||||||||||||||
Its registered number is: SO306968 | ||||||||||||||||
Its registered office is: | ||||||||||||||||
2 | Accounting policies |
Turnover | ||||||||||||||||
Turnover represents the value of goods provided to customers and work carried out in respect of services provided to customers. | ||||||||||||||||
Members' remuneration and division of profits | ||||||||||||||||
Remuneration is paid to certain members under a contract of employment and is included as an expense in the profit and loss account. In addition, the LLP agreement provides that fixed amounts, determined for each member each year, be paid to members, irrespective of the profits of the LLP. These amounts are included within members' remuneration charged as an expense. Profits are treated as being available for discretionary division only if the 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. Once agreement has been reached to divide the profits, a members' share in the profit or loss for the year is accounted for as an allocation of profits. Unallocated profits and losses remain included within 'other reserves'. | ||||||||||||||||
Trade and other debtors | ||||||||||||||||
Trade and other creditors | ||||||||||||||||
Provisions | ||||||||||||||||
Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the balance sheet. | ||||||||||||||||
Members' Interests | ||||||||||||||||
Members' interests are classified as either equity or debt. Equity interests comprise any capital introduced classified as equity, any unallocated profits, any revaluation reserve and any other reserves. Loans and other debts due to members comprise any capital introduced but classified as a liability, any loans from members, amounts due to members in respect of allocated profits less drawings and any other amounts that the LLP is contractually obliged to repay to members. | ||||||||||||||||
Taxation | ||||||||||||||||
3 | Information in relation to members | |||||||||||||||
2024 | 2023 | |||||||||||||||
Number | Number | |||||||||||||||
The average number of members during the period : | 2 | 2 | ||||||||||||||
4 | Employees | |||||||||||||||
2024 | 2023 | |||||||||||||||
Number | Number | |||||||||||||||
The average number of persons employed during the period was: | ||||||||||||||||
5 | Tangible fixed assets | |||||||||||||||
Land and buildings | Fixtures, fittings and equipment | Total | ||||||||||||||
£ | £ | £ | ||||||||||||||
Cost | ||||||||||||||||
At 1 July 2023 | ||||||||||||||||
At 31 March 2024 | ||||||||||||||||
Depreciation | ||||||||||||||||
Net book values | ||||||||||||||||
At 31 March 2024 | ||||||||||||||||
At 30 June 2023 | ||||||||||||||||
6 | Debtors | |||||||||||||||
2024 | 2023 | |||||||||||||||
£ | £ | |||||||||||||||
Other debtors | ||||||||||||||||
7 | Creditors: | |||||||||||||||
amounts falling due within one year | ||||||||||||||||
2024 | 2023 | |||||||||||||||
£ | £ | |||||||||||||||
Bank loans and overdrafts | ||||||||||||||||
Other loans | ||||||||||||||||
Other taxes and social security | ||||||||||||||||
Accruals and deferred income | ||||||||||||||||