1 September 2023 false No description of principal activity Taxfiler 2024.6 OC415031business:LimitedLiabilityPartnershipLLP2023-09-012024-08-31 OC4150312023-08-31 OC4150312023-09-012024-08-31 OC415031business:AuditExempt-NoAccountantsReport2023-09-012024-08-31 OC415031business:FilletedAccounts2023-09-012024-08-31 OC4150312024-08-31 OC415031business:PartnerLLP12023-09-012024-08-31 OC415031business:PartnerLLP22023-09-012024-08-31 OC415031business:PartnerLLP32023-09-012024-08-31 OC415031business:PartnerLLP42023-09-012024-08-31 OC415031business:RegisteredOffice2023-09-012024-08-31 OC4150312023-08-31 OC415031core:WithinOneYear2024-08-31 OC415031core:WithinOneYear2023-08-31 OC415031core:ShareCapital2024-08-31 OC415031core:ShareCapital2023-08-31 OC415031core:RetainedEarningsAccumulatedLosses2024-08-31 OC415031core:RetainedEarningsAccumulatedLosses2023-08-31 OC415031business:SmallEntities2023-09-012024-08-31 OC415031core:PlantMachinery2023-09-012024-08-31 OC415031core:MotorVehicles2023-09-012024-08-31 OC415031core:FurnitureFittings2023-09-012024-08-31 OC415031core:ComputerEquipment2023-09-012024-08-31 OC415031countries:EnglandWales2023-09-012024-08-31 OC415031core:PlantMachinery2023-08-31 OC415031core:MotorVehicles2023-08-31 OC415031core:FurnitureFittings2023-08-31 OC415031core:ComputerEquipment2023-08-31 OC415031core:PlantMachinery2024-08-31 OC415031core:MotorVehicles2024-08-31 OC415031core:FurnitureFittings2024-08-31 OC415031core:ComputerEquipment2024-08-31 OC4150312022-09-012023-08-31 iso4217:GBP xbrli:pure
Registered No. OC415031 (England and Wales)
FUNTECH HQ LLP Unaudited accounts for the year ended 31 August 2024
FUNTECH HQ LLP LLP Information for the year ended 31 August 2024
Designated members
Mr Philip Barber
Mr Simon Dance
Mrs Sheineez Kanani-Barber
Mr Per Rasmussen
Registered Number
OC415031 (England and Wales)
Registered Office
Suite 147 5 High Street Maidenhead Berkshire SL6 1JN United Kingdom
Accountants
For and on behalf of AccNet Solutions Limited 7 Bell Yard London WC2A 2JR
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FUNTECH HQ LLP Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
200 
200 
Current assets
Cash at bank and in hand
6,870 
7,050 
Creditors: amounts falling due within one year
(4,038)
(4,038)
Net current assets
2,832 
3,012 
Net assets attributable to members
3,032 
3,212 
Represented by:
Loans and other debts due to members
(438,116)
(338,216)
Members' other interests
Members' capital classified as equity
125,575 
125,575 
Other reserves
315,573 
215,853 
441,148 
341,428 
3,032 
3,212 
Total members' interests
Loans and other debts due to members
(438,116)
(338,216)
Members' other interests
441,148 
341,428 
3,032 
3,212 
For the year ending 31 August 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small 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.
These 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.
Approved by the members on 9 May 2025.
Mrs Sheineez Kanani-Barber Designated member Limited Liability Partnership Registration No. OC415031
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FUNTECH HQ LLP Notes to the Accounts for the year ended 31 August 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.
Presentation currency
The accounts are presented in £ sterling.
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 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.
Members' capital
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% Straight line
Motor vehicles
25% Straight line
Fixtures & fittings
33% Straight line
Computer equipment
33% Straight line
2
Statutory information
FUNTECH HQ LLP is a limited liability partnership, incorporated in England and Wales, registration number OC415031. Its registered office is Suite 147 5 High Street, Maidenhead, Berkshire, SL6 1JN, United Kingdom.
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FUNTECH HQ LLP Notes to the Accounts for the year ended 31 August 2024
3
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 September 2023
73,574 
23,685 
55,552 
6,508 
159,319 
At 31 August 2024
73,574 
23,685 
55,552 
6,508 
159,319 
Depreciation
At 1 September 2023
73,574 
23,685 
55,552 
6,508 
159,319 
At 31 August 2024
73,574 
23,685 
55,552 
6,508 
159,319 
Net book value
At 31 August 2024
- 
- 
- 
- 
- 
4
Investments
Subsidiary undertakings 
Cost
£ 
At 1 September 2023
200 
At 31 August 2024
200 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
4,036 
4,036 
Other creditors
2 
2 
4,038 
4,038 
6
Loans and other debts due to members
2024 
2023 
£ 
£ 
Amounts due to members in respect of profits
(438,116)
(338,216)
Amounts falling due within one year
(438,116)
(338,216)
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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