REGISTERED NUMBER: |
MARCUS KING & CO LLP |
FINANCIAL STATEMENTS |
FOR THE PERIOD |
1 JULY 2023 TO 31 MARCH 2024 |
REGISTERED NUMBER: |
MARCUS KING & CO LLP |
FINANCIAL STATEMENTS |
FOR THE PERIOD |
1 JULY 2023 TO 31 MARCH 2024 |
MARCUS KING & CO LLP (REGISTERED NUMBER: OC366411) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JULY 2023 TO 31 MARCH 2024 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
MARCUS KING & CO LLP |
GENERAL INFORMATION |
FOR THE PERIOD 1 JULY 2023 TO 31 MARCH 2024 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
First Floor |
94 Stamford Hill |
London |
N16 6XS |
MARCUS KING & CO LLP (REGISTERED NUMBER: OC366411) |
BALANCE SHEET |
31 MARCH 2024 |
2024 | 2023 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
194,217 |
189,051 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
6 |
194,217 |
189,051 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 6 | 194,217 | 189,051 |
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. |
MARCUS KING & CO LLP (REGISTERED NUMBER: OC366411) |
BALANCE SHEET - continued |
31 MARCH 2024 |
In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Profit and Loss Account has not been delivered. |
The financial statements were approved by the members of the LLP and authorised for issue on |
MARCUS KING & CO LLP (REGISTERED NUMBER: OC366411) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JULY 2023 TO 31 MARCH 2024 |
1. | STATUTORY INFORMATION |
Marcus King & Co 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 |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the period was NIL (2023 - NIL). |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade creditors |
Other creditors |
6. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
2024 | 2023 |
£ | £ |
Amounts owed to members in respect of profits | 194,217 | 189,051 |
Falling due within one year | 194,217 | 189,051 |
In the event of a winding up, any amounts owed to the LLP's bankers are secured by fixed and floating charges on the assets of the LLP. |
Capital loans and other debts due to members rank behind creditors, in accordance with the members' agreement. |