Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-05-01false22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC374316 2023-05-01 2024-03-31 OC374316 2022-05-01 2023-04-30 OC374316 2024-03-31 OC374316 2023-04-30 OC374316 c:PlantMachinery 2023-05-01 2024-03-31 OC374316 c:PlantMachinery 2024-03-31 OC374316 c:PlantMachinery 2023-04-30 OC374316 c:PlantMachinery c:OwnedOrFreeholdAssets 2023-05-01 2024-03-31 OC374316 c:MotorVehicles 2023-05-01 2024-03-31 OC374316 c:MotorVehicles 2024-03-31 OC374316 c:MotorVehicles 2023-04-30 OC374316 c:MotorVehicles c:OwnedOrFreeholdAssets 2023-05-01 2024-03-31 OC374316 c:OwnedOrFreeholdAssets 2023-05-01 2024-03-31 OC374316 c:CurrentFinancialInstruments 2024-03-31 OC374316 c:CurrentFinancialInstruments 2023-04-30 OC374316 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC374316 c:CurrentFinancialInstruments c:WithinOneYear 2023-04-30 OC374316 d:FRS102 2023-05-01 2024-03-31 OC374316 d:AuditExempt-NoAccountantsReport 2023-05-01 2024-03-31 OC374316 d:FullAccounts 2023-05-01 2024-03-31 OC374316 d:LimitedLiabilityPartnershipLLP 2023-05-01 2024-03-31 OC374316 d:PartnerLLP1 2023-05-01 2024-03-31 OC374316 e:PoundSterling 2023-05-01 2024-03-31 iso4217:GBP xbrli:pure
Registered number: OC374316














TOTAL FISHERIES MANAGEMENT LLP

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2024

 
TOTAL FISHERIES MANAGEMENT LLP
REGISTERED NUMBER:OC374316

BALANCE SHEET
AS AT 31 MARCH 2024

31 March
30 April
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
10,759
9,998

  
10,759
9,998

Current assets
  

Debtors: amounts falling due within one year
 5 
249,955
217,541

Cash at bank
 6 
41,805
48,036

  
291,760
265,577

Creditors: amounts falling due within one year
 7 
(67,926)
(78,643)

Net current assets
  
 
 
223,834
 
 
186,934

Total assets less current liabilities
  
234,593
196,932

  

Net assets
  
234,593
196,932


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 8 
234,593
196,932

  

  
234,593
196,932


Total members' interests
  

Loans and other debts due to members
 8 
234,593
196,932

  
234,593
196,932


Page 1

 
TOTAL FISHERIES MANAGEMENT LLP
REGISTERED NUMBER:OC374316
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

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

The entity was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

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

The entity has opted not to file the profit and loss account in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf by: 




A C Gilbert
Designated member

Date: 3 March 2025

The notes on pages 3 to 6 form part of these financial statements.

Total Fisheries Management LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of changes in equity.

Page 2

 
TOTAL FISHERIES MANAGEMENT LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Total Fisheries Management LLP is a limited liability partnership, registered in England and Wales, registration number OC374316. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
The LLP has shortened its accounting period from 30 April 2024 to 31 March 2024.
The principal activity of the LLP continued to be that of fisheries management.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of the  Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships". 

 
2.2

Functional and presentation currency

The LLP's functional and presentational currency is pound sterling.
 
 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the LLP and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

Turnover from fisheries management activities is recognised when it is probable the LLP will receive the rights to the consideration due under the contract.

 
2.4

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial year and may take place during or after the end of a financial year.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits discretionarily. Discretionary divisions of profits are recognised as amounts due to members, although may be used to offset amounts which have been drawn by members, which are recognised as loan assets repayable.

Page 3

 
TOTAL FISHERIES MANAGEMENT LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
reducing balance
Motor vehicles
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.7

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

 
2.8

Creditors

Short-term creditors are measured at the transaction price. 

 
2.9

Financial instruments

The LLP enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors, trade and other creditors, and loans with related parties.


3.


Information in relation to members

The average monthly number of employees, including members, during the period was 2 (2023 - 2).

Page 4

 
TOTAL FISHERIES MANAGEMENT LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

4.


Tangible fixed assets







Plant and machinery
Motor vehicles
Total

£
£
£



Cost


At 1 May 2023
13,534
2,100
15,634


Additions
3,300
-
3,300



At 31 March 2024

16,834
2,100
18,934



Depreciation


At 1 May 2023
4,980
656
5,636


Charge for the period
2,241
298
2,539



At 31 March 2024

7,221
954
8,175



Net book value



At 31 March 2024
9,613
1,146
10,759



At 30 April 2023
8,554
1,444
9,998


5.


Debtors

31 March
30 April
2024
2023
£
£


Trade debtors
2,700
2,000

Other debtors
246,000
208,700

Prepayments
1,255
6,841

249,955
217,541



6.


Cash

31 March
30 April
2024
2023
£
£

Cash at bank
41,805
48,036


Page 5

 
TOTAL FISHERIES MANAGEMENT LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

7.


Creditors: amounts falling due within one year

31 March
30 April
2024
2023
£
£

Trade creditors
1,150
3,358

Other taxation and social security
4,728
7,117

Accruals and deferred income
62,048
68,168

67,926
78,643



8.


Loans and other debts due to members


31 March
30 April
2024
2023
£
£



Other amounts due to members
234,593
196,932

234,593
196,932

Loans and other debts due to members may be further analysed as follows:

31 March
30 April
2024
2023
£
£



Falling due within one year
234,593
196,932

234,593
196,932

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


9.


Transactions with the member

During the year, a member charged the LLP rent of £2,320 (2023 - £2,771). 

 
Page 6