| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2024 |
| FOR |
| FERRY STREET LLP |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2024 |
| FOR |
| FERRY STREET LLP |
| FERRY STREET LLP (REGISTERED NUMBER: OC333209) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the year ended 31 July 2024 |
| Page |
| General Information | 1 |
| Abridged Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| FERRY STREET LLP |
| GENERAL INFORMATION |
| for the year ended 31 July 2024 |
| DESIGNATED MEMBERS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| 19-20 Bourne Court |
| Southend Road |
| Woodford Green |
| Essex |
| IG8 8HD |
| FERRY STREET LLP (REGISTERED NUMBER: OC333209) |
| ABRIDGED BALANCE SHEET |
| 31 July 2024 |
| 2024 | 2023 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| and |
| NET ASSETS ATTRIBUTABLE TO MEMBERS |
982,641 |
982,641 |
| LOANS AND OTHER DEBTS DUE TO MEMBERS |
4 |
982,641 |
982,641 |
| TOTAL MEMBERS' INTERESTS |
| Loans and other debts due to members | 4 | 982,641 | 982,641 |
| 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. |
| FERRY STREET LLP (REGISTERED NUMBER: OC333209) |
| ABRIDGED BALANCE SHEET - continued |
| 31 July 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 Income Statement has not been delivered. |
| The financial statements were approved by the members of the LLP and authorised for issue on |
| FERRY STREET LLP (REGISTERED NUMBER: OC333209) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the year ended 31 July 2024 |
| 1. | STATUTORY INFORMATION |
| Ferry Street Llp is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page. |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements have been prepared on a going concern basis even though the company's liabilities exceed its assets as the members are of the opinion that the company will be able to continue trading and meet its liabilities as and when due, due to their continuing support. |
| Short term debtors and creditors |
| Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account. |
| 3. | EMPLOYEE INFORMATION |
| The average number of employees during the year was NIL (2023 - |
| 4. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
| Other creditors take priority over loans and other debts due to members. |
| 5. | RELATED PARTY DISCLOSURES |
| At the balance sheet date, the LLP was owed £986,241 (2023: £986,241) by The Bishops Avenue Ltd, a which are company controlled by common members of this LLP. |