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REGISTERED NUMBER: OC370379 (England and Wales)















Report of the Members and

Unaudited Financial Statements for the Period 6 April 2023 to 28 March 2024

for

Web Sales King LLP

Web Sales King LLP (Registered number: OC370379)






Contents of the Financial Statements
for the Period 6 April 2023 to 28 March 2024




Page

General Information 1

Report of the Members 2

Chartered Accountants' Report 3

Profit and Loss 4

Balance Sheet 5 to 6

Reconciliation of Members' Interests 7 to 8

Notes to the Financial Statements 9 to 10


Web Sales King LLP

General Information
for the Period 6 April 2023 to 28 March 2024







DESIGNATED MEMBERS: Mr G M Hunt
Mrs J L Hunt
Miss A R Hunt
Mr F J Hunt





REGISTERED OFFICE: Marland House
13 Huddersfield Road
Barnsley
South Yorkshire
S70 2LW





REGISTERED NUMBER: OC370379 (England and Wales)





ACCOUNTANTS: Harris & Co Limited
Chartered Accountants
Marland House
13 Huddersfield Road
Barnsley
South Yorkshire
S70 2LW

Web Sales King LLP (Registered number: OC370379)

Report of the Members
for the Period 6 April 2023 to 28 March 2024

The members present their report with the financial statements of the Llp for the period 6 April 2023 to 28 March 2024.

PRINCIPAL ACTIVITY
The principal activity of the Llp in the period under review was that of management consultancy.

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

Mr G M Hunt
Mrs J L Hunt
Miss A R Hunt
Mr F J Hunt

RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS
The profit for the period before members' remuneration and profit shares was £137,629 (2023 - £176,346 profit).

MEMBERS' INTERESTS
Members are permitted to make drawings in anticipation of profits which will be allocated to them. The amount of such drawings is set at the beginning of each financial year, taking into account the anticipated cash needs of the LLP.

New members are required to subscribe a minimum level of capital and in subsequent years members are invited to subscribe for further capital, the amounts of which is determined by the performance and seniority of those members. On retirement, capital is repaid to members.

ON BEHALF OF THE MEMBERS:





Mr G M Hunt - Designated member


20 May 2025

Chartered Accountants' Report to the Members
on the Unaudited Financial Statements of
Web Sales King LLP


In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Web Sales King LLP for the period ended 28 March 2024 which comprise the Profit and Loss, Balance Sheet, Reconciliation of Members' Interests and the related notes from the Llp's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the members of Web Sales King LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Web Sales King LLP and state those matters that we have agreed to state to the members of Web Sales King LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Web Sales King LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Web Sales King LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Web Sales King LLP. You consider that Web Sales King LLP is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Web Sales King LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Harris & Co Limited
Chartered Accountants
Marland House
13 Huddersfield Road
Barnsley
South Yorkshire
S70 2LW


20 May 2025

Web Sales King LLP (Registered number: OC370379)

Profit and Loss
for the Period 6 April 2023 to 28 March 2024

Period
6/4/23
to Year Ended
28/3/24 5/4/23
£    £   

TURNOVER 242,081 249,359

Administrative expenses 97,494 66,986
OPERATING PROFIT 144,587 182,373


Interest payable and similar expenses 6,958 6,027
PROFIT FOR THE FINANCIAL PERIOD
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE
FOR DISCRETIONARY DIVISION
AMONG MEMBERS




137,629




176,346

Web Sales King LLP (Registered number: OC370379)

Balance Sheet
28 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 4,382 -

CURRENT ASSETS
Debtors 6 170,804 106,503
Cash at bank and in hand 36,149 192,443
206,953 298,946
CREDITORS
Amounts falling due within one year 7 192,611 131,135
NET CURRENT ASSETS 14,342 167,811
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

18,724

167,811

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

4,374

153,461

MEMBERS' OTHER INTERESTS
Capital accounts 14,350 14,350
18,724 167,811

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 4,374 153,461
Members' other interests 14,350 14,350
Amounts due from members 6 (137,660 ) -
(118,936 ) 167,811

Web Sales King LLP (Registered number: OC370379)

Balance Sheet - continued
28 March 2024


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 period ended 28 March 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 20 May 2025 and were signed by:





Mr G M Hunt - Designated member

Web Sales King LLP (Registered number: OC370379)

Reconciliation of Members' Interests
for the Period 6 April 2023 to 28 March 2024


EQUITY
Members' other interests
Members'
capital
(classified
as Other
equity) reserves Total
£    £    £   
Balance at 6 April 2023 14,350 - 14,350
Profit for the financial period available for
discretionary division among members

-

137,629

137,629
Members' interests after profit for the period 14,350 137,629 151,979
Other divisions of profit - (137,629 ) (137,629 )
Introduced by members - - -
Drawings on account and distributions of profit - - -
Balance at 28 March 2024 14,350 - 14,350

DEBT TOTAL
Loans and other debts due to MEMBERS'
members less any amounts due INTERESTS
from members in debtors
Other
amounts Total
£    £   
Amount due to members 153,461
Amount due from members -
Balance at 6 April 2023 153,461 167,811
Profit for the financial period available for
discretionary division among members

-

137,629

Members' interests after profit for the period 153,461 305,440
Other divisions of profit 137,629 -
Introduced by members 40,624 40,624
Drawings on account and distributions of profit (465,000 ) (465,000 )
Amount due to members 4,374
Amount due from members (137,660 )
Balance at 28 March 2024 (133,286 ) (118,936 )

Web Sales King LLP (Registered number: OC370379)

Reconciliation of Members' Interests
for the Period 6 April 2023 to 28 March 2024

EQUITY
Members' other interests
Members'
capital
(classified
as Other
equity) reserves Total
£    £    £   
Balance at 6 April 2022 14,350 - 14,350
Profit for the financial period available for
discretionary division among members

-

176,346

176,346
Members' interests after profit for the period 14,350 176,346 190,696
Other divisions of profit - (176,346 ) (176,346 )
Introduced by members - - -
Drawings on account and distributions of profit - - -
Balance at 5 April 2023 14,350 - 14,350

DEBT TOTAL
Loans and other debts due to MEMBERS'
members less any amounts due INTERESTS
from members in debtors
Other
amounts Total
£    £   
Amount due to members 89,422
Amount due from members -
Balance at 6 April 2022 89,422 103,772
Profit for the financial period available for
discretionary division among members

-

176,346

Members' interests after profit for the period 89,422 280,118
Other divisions of profit 176,346 -
Introduced by members 99,222 99,222
Drawings on account and distributions of profit (211,529 ) (211,529 )
Amount due to members 153,461
Amount due from members -
Balance at 5 April 2023 153,461 167,811

Web Sales King LLP (Registered number: OC370379)

Notes to the Financial Statements - continued
for the Period 6 April 2023 to 28 March 2024

1. STATUTORY INFORMATION

Web Sales King 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 and functional currency of the financial statements is the Pound Sterling (£).

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on a going concern basis under the historical cost convention.

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost straight line
Fixtures and fittings - 25% on cost straight line

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4. EMPLOYEE INFORMATION

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

Web Sales King LLP (Registered number: OC370379)

Notes to the Financial Statements - continued
for the Period 6 April 2023 to 28 March 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 6 April 2023 - 3,107 94,005 97,112
Additions 4,382 - - 4,382
At 28 March 2024 4,382 3,107 94,005 101,494
DEPRECIATION
At 6 April 2023
and 28 March 2024 - 3,107 94,005 97,112
NET BOOK VALUE
At 28 March 2024 4,382 - - 4,382
At 5 April 2023 - - - -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors (1,255 ) 56,249
Other debtors 172,059 50,254
170,804 106,503

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 102,167 116,307
Taxation and social security - 11,028
Other creditors 90,444 3,800
192,611 131,135

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

The loans and other debts due to members' (other than members' capital classified as debt) rank equal in relation to other creditors.