Squeaky Bum Broadcasting LLP OC433001 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is that of live outside television broadcasting. Digita Accounts Production Advanced 6.30.9574.0 OC433001 2023-09-01 2024-08-31 OC433001 2024-08-31 OC433001 core:OtherReservesSubtotal 2024-08-31 OC433001 core:CurrentFinancialInstruments 2024-08-31 OC433001 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 OC433001 core:MotorVehicles 2024-08-31 OC433001 core:PlantMachinery 2024-08-31 OC433001 bus:FRS102 2023-09-01 2024-08-31 OC433001 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 OC433001 bus:FullAccounts 2023-09-01 2024-08-31 OC433001 bus:RegisteredOffice 2023-09-01 2024-08-31 OC433001 bus:PartnerLLP1 2023-09-01 2024-08-31 OC433001 bus:PartnerLLP2 2023-09-01 2024-08-31 OC433001 bus:LimitedLiabilityPartnershipLLP 2023-09-01 2024-08-31 OC433001 core:MotorVehicles 2023-09-01 2024-08-31 OC433001 core:PlantMachinery 2023-09-01 2024-08-31 OC433001 countries:AllCountries 2023-09-01 2024-08-31 OC433001 2023-08-31 OC433001 core:MotorVehicles 2023-08-31 OC433001 core:PlantMachinery 2023-08-31 OC433001 2022-09-01 2023-08-31 OC433001 2023-08-31 OC433001 core:OtherReservesSubtotal 2023-08-31 OC433001 core:CurrentFinancialInstruments 2023-08-31 OC433001 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 OC433001 core:MotorVehicles 2023-08-31 OC433001 core:PlantMachinery 2023-08-31 iso4217:GBP xbrli:pure

Registration number: OC433001

Squeaky Bum Broadcasting LLP

Annual Report and Unaudited Financial Statements

for the Year Ended 31 August 2024

 

Squeaky Bum Broadcasting LLP

Contents

Limited liability partnership information

1

Financial Statements

2 to 8

Balance Sheet

2

Notes to the Financial Statements

4

 

Squeaky Bum Broadcasting LLP

Limited liability partnership information

Designated members

Ms R M Pillar

Mr R Thomas
 

Registered office

2 Maesyfynnon Bungalows
Maesyffynon Lane
Aberdare
Rhondda Cynon Taf
CF44 6EJ

Accountants

W J James & Co
Bishop House
10 Wheat Street
Brecon
Powys
LD3 7DG

 

Squeaky Bum Broadcasting LLP

(Registration number: OC433001)
Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

19,386

665

Current assets

 

Debtors

5

114,651

109,021

Cash and short-term deposits

 

26,270

29,870

 

140,921

138,891

Creditors: Amounts falling due within one year

6

(4,155)

(8,268)

Net current assets

 

136,766

130,623

Net assets attributable to members

 

156,152

131,288

Represented by:

 

Loans and other debts due to members

 

Members' capital classified as a liability

 

70,573

22,131

Members’ other interests

 

Other reserves

 

85,579

109,157

   

156,152

131,288

Total members' interests

 

Loans and other debts due to members

 

70,573

22,131

Equity

 

85,579

109,157

   

156,152

131,288

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 limited liability partnerships subject to the small limited liability partnerships regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’."

These financial statements have been prepared in accordance with the provisions applicable to limited liability partnerships subject to the small limited liability partnerships 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 (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 with respect to accounting records and the preparation of accounts.

 

 

Squeaky Bum Broadcasting LLP

(Registration number: OC433001)
Balance Sheet as at 31 August 2024

The financial statements of Squeaky Bum Broadcasting LLP (registered number OC433001) were approved by the Board and authorised for issue on 30 May 2025. They were signed on behalf of the limited liability partnership by:

.........................................
Ms R M Pillar
Designated member

 

Squeaky Bum Broadcasting 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 and Wales under the Limited Liability Partnership Act 2000. The address of the registered office is given on the limited liability partnership information page. The nature of the limited liability partnership’s operations and its principal activities are given in the members’ report.

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 Squeaky Bum Broadcasting 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.

undiscounted

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.

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

Plant and machinery

20% on reducing balance

Motor vehicles

20% on reducing balance

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the limited liability partnership will not be able to collect all amounts due according to the original terms of the receivables.

 

Squeaky Bum Broadcasting 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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the limited liability partnership does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Squeaky Bum Broadcasting LLP

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

2

Particulars of employees

The average number of persons employed by the limited liability partnership (including members) during the year, analysed by category was as follows:

 

Squeaky Bum Broadcasting LLP

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

2024
No.

2023
No.

Sales, marketing and distribution

2

2

2

2

3

Members' remuneration

2024

2023

Average number of members during the year

2

2

4

Tangible fixed assets

Plant and machinery
 £

Motor vehicles
 £

Total
£

Cost

At 1 September 2023

756

543

1,299

Additions

-

23,567

23,567

At 31 August 2024

756

24,110

24,866

Depreciation

At 1 September 2023

369

265

634

Charge for the year

77

4,769

4,846

At 31 August 2024

446

5,034

5,480

Net book value

At 31 August 2024

310

19,076

19,386

At 31 August 2023

387

278

665

5

Debtors

2024
£

2023
£

Trade debtors

5,412

9,642

Other debtors

109,115

99,379

Prepayments and accrued income

124

-

114,651

109,021

6

Creditors: Amounts falling due within one year

 

Squeaky Bum Broadcasting LLP

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

2024
£

2023
£

Trade creditors

517

1,347

Other taxes and social security

2,638

5,916

Accruals and deferred income

1,000

1,005

4,155

8,268

7

Liability limitation agreements

The principal terms of the agreement are Loans and other debts due to members rank equally with debts due to unsecured creditors on the event of a winding up.

This is no provision for specific legally enforceable protection afford to creditors in such an event.

There are no restrictions or limitations on the ability of the members to reduce the amount of 'Members' other interests..

8

Control

The members are the controlling party by virtue of their controlling interest in the limited liability partnership. The ultimate controlling party is the same as the controlling party.