Crossfit Clitheroe LLP OC363136 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is fitness coaching. Digita Accounts Production Advanced 6.30.9574.0 OC363136 2023-09-01 2024-08-31 OC363136 2024-08-31 OC363136 core:OtherReservesSubtotal 2024-08-31 OC363136 core:CurrentFinancialInstruments 2024-08-31 OC363136 core:Non-currentFinancialInstruments 2024-08-31 OC363136 core:Non-currentFinancialInstruments core:AfterOneYear 2024-08-31 OC363136 core:WithinOneYear 2024-08-31 OC363136 core:FurnitureFittings 2024-08-31 OC363136 core:LandBuildings core:OwnedOrFreeholdAssets 2024-08-31 OC363136 core:MotorVehicles 2024-08-31 OC363136 core:PlantMachinery 2024-08-31 OC363136 bus:SmallEntities 2023-09-01 2024-08-31 OC363136 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 OC363136 bus:FullAccounts 2023-09-01 2024-08-31 OC363136 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 OC363136 bus:PartnerLLP3 2023-09-01 2024-08-31 OC363136 bus:LimitedLiabilityPartnershipLLP 2023-09-01 2024-08-31 OC363136 core:Buildings 2023-09-01 2024-08-31 OC363136 core:FurnitureFittings 2023-09-01 2024-08-31 OC363136 core:LandBuildings core:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 OC363136 core:MotorVehicles 2023-09-01 2024-08-31 OC363136 core:PlantMachinery 2023-09-01 2024-08-31 OC363136 core:Vehicles 2023-09-01 2024-08-31 OC363136 countries:AllCountries 2023-09-01 2024-08-31 OC363136 2023-08-31 OC363136 core:FurnitureFittings 2023-08-31 OC363136 core:LandBuildings core:OwnedOrFreeholdAssets 2023-08-31 OC363136 core:MotorVehicles 2023-08-31 OC363136 core:PlantMachinery 2023-08-31 OC363136 2022-09-01 2023-08-31 OC363136 2023-08-31 OC363136 core:OtherReservesSubtotal 2023-08-31 OC363136 core:CurrentFinancialInstruments 2023-08-31 OC363136 core:Non-currentFinancialInstruments 2023-08-31 OC363136 core:Non-currentFinancialInstruments core:AfterOneYear 2023-08-31 OC363136 core:WithinOneYear 2023-08-31 OC363136 core:FurnitureFittings 2023-08-31 OC363136 core:LandBuildings core:OwnedOrFreeholdAssets 2023-08-31 OC363136 core:MotorVehicles 2023-08-31 OC363136 core:PlantMachinery 2023-08-31 iso4217:GBP xbrli:pure

Registration number: OC363136

Crossfit Clitheroe LLP

Annual Report and Unaudited Financial Statements

for the Year Ended 31 August 2024

 

Crossfit Clitheroe LLP

Contents

Financial Statements

1 to 5

Balance Sheet

1

Notes to the Financial Statements

3

 

Crossfit Clitheroe LLP

(Registration number: OC363136)
Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

3

1,836

8,620

Current assets

 

Stocks

4

1,500

1,500

Debtors

5

489,679

415,438

Cash and short-term deposits

 

2,087

843

 

493,266

417,781

Creditors: Amounts falling due within one year

6

(62,571)

(44,972)

Net current assets

 

430,695

372,809

Total assets less current liabilities

 

432,531

381,429

Creditors: Amounts falling due after more than one year

7

(11,832)

(22,125)

Net assets attributable to members

 

420,699

359,304

Represented by:

 

Members’ other interests

 

Members' capital classified as equity

 

341,297

286,894

Other reserves

 

79,402

72,410

 

420,699

359,304

   

420,699

359,304

Total members' interests

 

Equity

 

420,699

359,304

   

420,699

359,304

 

Crossfit Clitheroe LLP

(Registration number: OC363136)
Balance Sheet as at 31 August 2024

For the year ending 31 August 2024 the limited liability partnership was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied to limited liability partnerships, relating to small entities.

These financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The members acknowledge their responsibilities for complying with the requirements of the Act, as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 with respect to accounting records and the preparation of accounts.

The financial statements of Crossfit Clitheroe LLP (registered number OC363136) were approved by the Board and authorised for issue on 27 May 2025. They were signed on behalf of the limited liability partnership by:

.........................................
Mr C T Templeman
Designated member

 

Crossfit Clitheroe LLP

Notes to the Financial Statements for the Year Ended 31 August 2024

1

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

General information and basis of accounting

The limited liability partnership is incorporated in England under the Limited Liability Partnership Act 2000. The address of the registered office is given on the limited liability partnership information page.

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The functional currency of Crossfit Clitheroe LLP is considered to be pounds sterling because that is the currency of the primary economic environment in which the limited liability partnership operates. Foreign operations are included in accordance with the policies set out below.

Revenue recognition

Revenue is recognised to the extent that the limited liability partnership obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

Taxation

The taxation payable on the partnership's profits is the personal liability of the members, although payment of such liabilities is administered by the partnership on behalf of its members. Consequently, neither partnership taxation nor related deferred taxation is accounted for in these financial statements. Sums set aside in respect of members' tax obligations are included in the balance sheet within loans and other debts due to members, or are set against amounts due from members as appropriate.

other taxes policy

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class

Depreciation method and rate

Freehold property

10% per annum on cost basis

Plant and machinery

25% per annum on cost basis

Fixtures and fittings

25% per annum on cost basis

Motor vehicles

25% per annum on cost basis

Stock

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

 

Crossfit Clitheroe LLP

Notes to the Financial Statements for the Year Ended 31 August 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

2

Particulars of employees

The average number of persons employed by the limited liability partnership during the year was 0 (2023 - 5).

3

Tangible fixed assets

Freehold land and buildings
£

Plant and machinery
£

Fixtures and fittings
£

Motor vehicles
£

Total
£

Cost

At 1 September 2023

55,977

126,784

32,506

10,000

225,267

At 31 August 2024

55,977

126,784

32,506

10,000

225,267

Depreciation

At 1 September 2023

55,977

120,988

32,182

7,500

216,647

Charge for the year

-

4,052

232

2,500

6,784

At 31 August 2024

55,977

125,040

32,414

10,000

223,431

Net book value

At 31 August 2024

-

1,744

92

-

1,836

At 31 August 2023

-

5,796

324

2,500

8,620

4

Stocks

2024
£

2023
£

Stocks

1,500

1,500

 

Crossfit Clitheroe LLP

Notes to the Financial Statements for the Year Ended 31 August 2024

5

Debtors

2024
£

2023
£

Other debtors

489,679

415,438

Total current trade and other debtors

489,679

415,438

6

Creditors: Amounts falling due within one year

2024
£

2023
£

Bank loans and overdrafts

8,626

8,626

Other creditors

33,036

9,762

Accruals and deferred income

16,500

16,500

Taxation and social security

4,409

10,084

62,571

44,972

7

Creditors: Amounts falling due after more than one year

2024
£

2023
£

Bank loans and overdrafts

11,832

18,893

Other creditors

-

3,232

11,832

22,125