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REGISTERED NUMBER: OC388160 (England and Wales)















REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MAY 2024

FOR

KSD SOLUTIONS LLP

KSD SOLUTIONS LLP (REGISTERED NUMBER: OC388160)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MAY 2024




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Reconciliation of Members' Interests 5

Notes to the Financial Statements 7


KSD SOLUTIONS LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 30 MAY 2024







DESIGNATED MEMBERS: C P O Gargan
P F J McDonnell
M A Ratcliffe





REGISTERED OFFICE: 28 Wilton Road
Bexhill on Sea
East Sussex
TN40 1EZ





REGISTERED NUMBER: OC388160 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP

KSD SOLUTIONS LLP (REGISTERED NUMBER: OC388160)

REPORT OF THE MEMBERS
FOR THE YEAR ENDED 30 MAY 2024

The members present their report with the financial statements of the LLP for the year ended 30 May 2024.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the year under review was that of a dormant company.

DESIGNATED MEMBERS
The designated members during the year under review were:

C P O Gargan
P F J McDonnell
M A Ratcliffe

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The loss for the year before members' remuneration and profit shares was £500 (2023 - £490 loss).

MEMBERS' INTERESTS
Members are remunerated solely out of the profits of the LLP. The profit share for each year is determined by the designated members.

The level of drawings of each member, the capital contributions of each member and any capital repayments, are also determined by the designated members, with reference to the working capital requirements of the LLP.

Details of any transfers between equity and debt are set out in the notes to the financial statements.

ON BEHALF OF THE MEMBERS:





P F J McDonnell - Designated member


27 May 2025

KSD SOLUTIONS LLP (REGISTERED NUMBER: OC388160)

INCOME STATEMENT
FOR THE YEAR ENDED 30 MAY 2024

Period
1.6.22
Year Ended to
30.5.24 30.5.23
Notes £    £   

TURNOVER - -

Administrative expenses (500 ) (490 )
OPERATING LOSS and
LOSS FOR THE FINANCIAL YEAR BEFORE
MEMBERS' REMUNERATION AND PROFIT
SHARES


(500


)


(490


)

LOSS FOR THE FINANCIAL YEAR BEFORE
MEMBERS' REMUNERATION AND PROFIT
SHARES


(500


)


(490


)

Members' remuneration charged as an
expense

4

500

490
PROFIT FOR THE FINANCIAL YEAR
AVAILABLE FOR DISCRETIONARY
DIVISION AMONG MEMBERS


-


-

KSD SOLUTIONS LLP (REGISTERED NUMBER: OC388160)

BALANCE SHEET
30 MAY 2024

30.5.24 30.5.23
Notes £    £   
CURRENT ASSETS
Debtors 16,256 14,981
Cash at bank 2,239 2,239
18,495 17,220
CREDITORS
Amounts falling due within one year 5 18,495 17,220
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET LIABILITIES ATTRIBUTABLE TO
MEMBERS

-

-

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

TOTAL MEMBERS' INTERESTS
Amounts due from members (16,256 ) (14,981 )

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 30 May 2024.

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.

The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 27 May 2025 and were signed by:





P F J McDonnell - Designated member

KSD SOLUTIONS LLP (REGISTERED NUMBER: OC388160)

RECONCILIATION OF MEMBERS' INTERESTS
FOR THE YEAR ENDED 30 MAY 2024


EQUITY DEBT TOTAL
Members' Loans and other debts due to MEMBERS'
other members less any amounts due INTERESTS
interests from members in debtors

Other Other
reserves amounts Total
£    £    £   
Amount due to members -
Amount due from members (14,981 )
Balance at 31 May 2023 - (14,981 ) (14,981 )
Members' remuneration charged as
an expense, including employment
and retirement benefit costs


-


(500


)


(500


)


Profit for the financial year available
for discretionary division among
members


-


-


-


Members' interests after profit for
the year

-

(15,481

)

(15,481

)

Drawings on account and
distributions of profit

-

(775

)

(775

)

Amount due to members -
Amount due from members (16,256 )
Balance at 30 May 2024 - (16,256 ) (16,256 )

KSD SOLUTIONS LLP (REGISTERED NUMBER: OC388160)

RECONCILIATION OF MEMBERS' INTERESTS
FOR THE YEAR ENDED 30 MAY 2024

EQUITY DEBT TOTAL
Members' Loans and other debts due to MEMBERS'
other members less any amounts due INTERESTS
interests from members in debtors

Other Other
reserves amounts Total
£    £    £   
Amount due to members -
Amount due from members (15,767 )
Balance at 1 June 2022 - (15,767 ) (15,767 )
Members' remuneration charged as
an expense, including employment
and retirement benefit costs


-


(490


)


(490


)


Profit for the financial year available
for discretionary division among
members


-


-


-


Members' interests after profit for
the year

-

(16,257

)

(16,257

)

Introduced by members - 1,276 1,276
Amount due to members -
Amount due from members (14,981 )
Balance at 30 May 2023 - (14,981 ) (14,981 )

KSD SOLUTIONS LLP (REGISTERED NUMBER: OC388160)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 MAY 2024

1. STATUTORY INFORMATION

Ksd Solutions 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
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

3. EMPLOYEES

The average number of employees during the year was NIL (2023 - NIL).

4. INFORMATION IN RELATION TO MEMBERS
Period
1.6.22
Year Ended to
30.5.24 30.5.23
£    £   
Members' remuneration charged as an expense
Automatic division of loss (500 ) (490 )

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.5.24 30.5.23
£    £   
Trade creditors 1,368 1,368
Other creditors 16,147 15,372
Accruals and deferred income 980 480
18,495 17,220

6. RELATED PARTY DISCLOSURES

At the year end, the partnership owed KSD Support Services Limited £6,457 (2023: £5,682), a company linked to the directors, P F J McDonnell & M A Ratcliffe. This loan is interest free and repayable on demand.