6 April 2024 false No description of principal activity Taxfiler 2024.6 OC442277 business:LimitedLiabilityPartnershipLLP 2024-04-06 2025-04-05 OC442277 2024-04-05 OC442277 2024-04-06 2025-04-05 OC442277 business:AuditExempt-NoAccountantsReport 2024-04-06 2025-04-05 OC442277 business:FilletedAccounts 2024-04-06 2025-04-05 OC442277 2025-04-05 OC442277 business:PartnerLLP1 2024-04-06 2025-04-05 OC442277 business:PartnerLLP2 2024-04-06 2025-04-05 OC442277 business:RegisteredOffice 2024-04-06 2025-04-05 OC442277 2024-04-05 OC442277 core:WithinOneYear 2025-04-05 OC442277 core:WithinOneYear 2024-04-05 OC442277 core:RetainedEarningsAccumulatedLosses 2025-04-05 OC442277 core:RetainedEarningsAccumulatedLosses 2024-04-05 OC442277 business:SmallEntities 2024-04-06 2025-04-05 OC442277 core:PlantMachinery 2024-04-06 2025-04-05 OC442277 countries:EnglandWales 2024-04-06 2025-04-05 OC442277 core:PlantMachinery 2024-04-05 OC442277 core:PlantMachinery 2025-04-05 OC442277 2023-06-01 2024-04-05 iso4217:GBP xbrli:pure
Registered No. OC442277 (England and Wales)
MURPHY MUSIC LLP Unaudited accounts for the year ended 5 April 2025
MURPHY MUSIC LLP LLP Information for the year ended 5 April 2025
Designated members
Mr Mark Banks
Mr Louis Coupe
Registered Number
OC442277 (England and Wales)
Registered Office
71-75 SHELTON STREET COVENT GARDEN LONDON WC2H 9JQ UNITED KINGDOM
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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MURPHY MUSIC LLP Statement of financial position as at 5 April 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
3
825
-
Current assets
Cash at bank and in hand
4,428
980
Creditors: amounts falling due within one year
4
(419)
(2,459)
Net current assets/(liabilities)
4,009
(1,479)
Net assets/(liabilities) attributable to members
4,834
(1,479)
Represented by:
Loans and other debts due to members
5
3,118
366
Members' other interests
Other reserves
1,716
(1,845)
4,834
(1,479)
Total members' interests
Loans and other debts due to members
3,118
366
Members' other interests
1,716
(1,845)
4,834
(1,479)
For the year ending 5 April 2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 8 May 2025.
Mr Mark Banks Designated member Limited Liability Partnership Registration No. OC442277
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MURPHY MUSIC LLP Notes to the Accounts for the year ended 5 April 2025
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
Members' remuneration
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense. Members are expected to subscribe a minimum amount of capital and may be invited to contribute more. On retirement, all capital is repaid to the member concerned. Members' shares in the profit or loss for the year available for discretionary division among the members are accounted for as an allocation of that balance. Allocated balances are split between the members with any unallocated balances being included within 'Other reserves'. Members are permitted to make drawings in anticipation of that allocation, subject to the agreement of the other members.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line
2
Statutory information
MURPHY MUSIC LLP is a limited liability partnership, incorporated in England and Wales, registration number OC442277. Its registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, WC2H 9JQ, UNITED KINGDOM.
3
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 6 April 2024
-
Additions
1,031
At 5 April 2025
1,031
Depreciation
Charge for the year
206
At 5 April 2025
206
Net book value
At 5 April 2025
825
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MURPHY MUSIC LLP Notes to the Accounts for the year ended 5 April 2025
4
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
-
2,100
Accruals
419
359
419
2,459
5
Loans and other debts due to members
2025
2024
£
£
Loans from members
3,118
366
Amounts falling due within one year
3,118
366
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 0 (2024: 2).
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