| REGISTERED NUMBER: |
| REPORT OF THE MEMBERS AND |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 MAY 2024 |
| FOR |
| KSD SOLUTIONS LLP |
| REGISTERED NUMBER: |
| 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: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 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: |
| 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: |
| 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 | ( |
) | ( |
) |
| 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 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| 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 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 were approved by the members of the LLP and authorised for issue on |
| 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 |
| 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 |
| Other creditors |
| Accruals and deferred income |
| 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. |