Registered number
OC447299
CYPRESS CONSULTING AND ADVISORY SERVICES LLP
Filleted Accounts
31 May 2024
CYPRESS CONSULTING AND ADVISORY SERVICES LLP
Registered number: OC447299
Balance Sheet
as at 31 May 2024
Notes 2024
$
Current assets
Debtors 3 48,464
Cash at bank and in hand 9,964
58,428
Creditors: amounts falling due within one year 4 (3,515)
Net current assets 54,913
Total assets less current liabilities 54,913
Net assets attributable to members 54,913
Represented by:
Members' other interests
Other reserves 54,913
54,913
Total members' interests
Members' other interests 54,913
54,913
For the period ended 31 May 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.

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.
These accounts were approved by the members on 6 May 2025 and signed on their behalf by:
Nazim HIKMET
Designated member
CYPRESS CONSULTING AND ADVISORY SERVICES LLP
Notes to the Accounts
for the period from 15 May 2023 to 31 May 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Turnover
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.
Division of profits
Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account.
Taxation
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
Tangible fixed assets
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:
Plant and machinery over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Members' capital
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.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. Financial statements are presented in USD, the functional currency. On the balance sheet date, the exchange rate was 0.78515.
Pensions and employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
2 Employees 2024
Number
Average number of persons employed by the LLP 0
3 Debtors 2024
$
Other debtors 48,464
4 Creditors: amounts falling due within one year 2024
$
Other creditors 3,515
5 Other information
CYPRESS CONSULTING AND ADVISORY SERVICES LLP is a limited liability partnership incorporated in England. Its registered office is:
106 Great Portland Street
2nd Floor
London
England
W1W 6PF
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