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REGISTERED NUMBER: OC366411 (England and Wales)



















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: M A Cymerman
P M Noe





REGISTERED OFFICE: 233a Golders Green Road
London
NW11 9ES





REGISTERED NUMBER: OC366411 (England and Wales)





ACCOUNTANTS: Sugarwhite Meyer Accountants Ltd
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 11,500 11,500
Cash at bank 2,464,793 2,981,392
2,476,293 2,992,892
CREDITORS
Amounts falling due within one year 5 2,282,076 2,803,841
NET CURRENT ASSETS 194,217 189,051
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 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 31 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.

MARCUS KING & CO LLP (REGISTERED NUMBER: OC366411)

BALANCE SHEET - continued
31 MARCH 2024


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

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 31 December 2024 and were signed by:




M A Cymerman - Designated member




P M Noe - Designated member


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
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.

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 11,500 11,500

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,280,221 2,791,981
Other creditors 1,855 11,860
2,282,076 2,803,841

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.