| REGENCY BANQUETING SUITE LLP |
| Registered number: |
OC449070 |
| Balance Sheet |
| as at 31 March 2024 |
| Notes |
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2024 |
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| £ |
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| Net current assets |
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- |
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| Total assets less current liabilities |
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- |
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| Net assets attributable to members |
- |
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| Represented by: |
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- |
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| Total members' interests |
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- |
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| For the period ended 31 March 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to LLPs). |
| The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies. |
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| These accounts were approved by the members on 7 April 2025 and signed on their behalf by: |
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| Mr T Mustafa |
| Designated member |
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| REGENCY BANQUETING SUITE LLP |
| Notes to the Accounts |
| for the period from 13 September 2023 to 31 March 2024 |
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| 1 |
Accounting policies |
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Turnover |
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Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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Freehold buildings |
over 50 years |
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Leasehold land and buildings |
over the lease term |
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Plant and machinery |
over 5 years |
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Fixtures, fittings, tools and equipment |
over 5 years |
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Members' capital |
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Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional. |
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| 2 |
Employees |
2024 |
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| Number |
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Average number of persons employed by the LLP |
0 |
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| 3 |
Other information |
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REGENCY BANQUETING SUITE LLP is a limited liability partnership incorporated in England. Its registered office is: |