1 October 2023 false No description of principal activity Taxfiler 2024.6 true OC433385business:LimitedLiabilityPartnershipLLP2023-10-012024-09-30 OC4333852023-09-30 OC4333852023-10-012024-09-30 OC433385business:AuditExemptWithAccountantsReport2023-10-012024-09-30 OC433385business:FilletedAccounts2023-10-012024-09-30 OC4333852024-09-30 OC433385business:PartnerLLP12023-10-012024-09-30 OC433385business:PartnerLLP22023-10-012024-09-30 OC433385business:PartnerLLP32023-10-012024-09-30 OC433385business:RegisteredOffice2023-10-012024-09-30 OC4333852023-09-30 OC433385core:WithinOneYear2024-09-30 OC433385core:WithinOneYear2023-09-30 OC433385core:AfterOneYear2024-09-30 OC433385core:AfterOneYear2023-09-30 OC433385core:ShareCapital2024-09-30 OC433385core:ShareCapital2023-09-30 OC433385core:RetainedEarningsAccumulatedLosses2024-09-30 OC433385core:RetainedEarningsAccumulatedLosses2023-09-30 OC433385business:SmallEntities2023-10-012024-09-30 OC433385core:PlantMachinery2023-10-012024-09-30 OC433385core:MotorVehicles2023-10-012024-09-30 OC433385core:ComputerEquipment2023-10-012024-09-30 OC433385countries:EnglandWales2023-10-012024-09-30 OC433385core:PlantMachinery2023-09-30 OC433385core:MotorVehicles2023-09-30 OC433385core:ComputerEquipment2023-09-30 OC433385core:PlantMachinery2024-09-30 OC433385core:MotorVehicles2024-09-30 OC433385core:ComputerEquipment2024-09-30 OC4333852022-10-012023-09-30 iso4217:GBP xbrli:pure
Registered No. OC433385 (England and Wales)
My-Architect Studio LLP Unaudited accounts for the year ended 30 September 2024
My-Architect Studio LLP LLP Information for the year ended 30 September 2024
Designated members
Mr Harry Edward Molyneux
Mrs Katie Marie Molyneux
Mr Mark Molyneux
Registered Number
OC433385 (England and Wales)
Registered Office
58 Noel Road London N1 8HB England
Accountants
The Accountancy Cloud 1 Fore Street Avenue London EC2Y 9DT
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My-Architect Studio LLP Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
21,863 
28,560 
Investments
99 
99 
21,962 
28,659 
Current assets
Debtors
4,694 
6,751 
Cash at bank and in hand
44,835 
23,123 
49,529 
29,874 
Creditors: amounts falling due within one year
(50,744)
(26,249)
Net current (liabilities)/assets
(1,215)
3,625 
Total assets less current liabilities
20,747 
32,284 
Creditors: amounts falling due after more than one year
- 
(20,324)
Net assets attributable to members
20,747 
11,960 
Represented by:
Loans and other debts due to members
20,113 
11,660 
Members' other interests
Members' capital classified as equity
300 
300 
Other reserves
334 
- 
634 
300 
20,747 
11,960 
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My-Architect Studio LLP Statement of financial position as at 30 September 2024 (continued)
Total members' interests
Loans and other debts due to members
20,113 
11,660 
Members' other interests
634 
300 
20,747 
11,960 
For the year ending 30 September 2024 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 23 June 2025.
Mr Harry Edward Molyneux Designated member Limited Liability Partnership Registration No. OC433385
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My-Architect Studio LLP Notes to the Accounts for the year ended 30 September 2024
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.
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
4 years on a straight line basis
Motor vehicles
5 years on a straight line basis
Computer equipment
3 years on a straight line basis
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Members' capital
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.
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' shares in the profit or loss for the year are accounted for as an allocation of profits. Unallocated profits and losses are included within 'other reserves'.
Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.
Going concern
The directors have a reasonable expectation that the Partnership has adequate resources to continue in operational existence for the foreseeable future. The Partnership therefore continues to adopt the going concern basis in preparing its financial statements.
2
Statutory information
My-Architect Studio LLP is a limited liability partnership, incorporated in England and Wales, registration number OC433385. Its registered office is 58 Noel Road, London, N1 8HB, England.
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My-Architect Studio LLP Notes to the Accounts for the year ended 30 September 2024
3
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2023
3,574 
31,121 
4,764 
39,459 
Additions
- 
- 
1,616 
1,616 
At 30 September 2024
3,574 
31,121 
6,380 
41,075 
Depreciation
At 1 October 2023
947 
7,262 
2,690 
10,899 
Charge for the year
893 
6,224 
1,196 
8,313 
At 30 September 2024
1,840 
13,486 
3,886 
19,212 
Net book value
At 30 September 2024
1,734 
17,635 
2,494 
21,863 
At 30 September 2023
2,627 
23,859 
2,074 
28,560 
4
Investments
Subsidiary undertakings 
Cost
£ 
At 1 October 2023
99 
At 30 September 2024
99 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
28,563 
9,884 
Amounts owed to group undertakings and other participating interests
- 
87 
Taxes and social security costs
22,765 
15,121 
Other creditors
(584)
1,157 
50,744 
26,249 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Trade creditors
- 
20,324 
7
Loans and other debts due to members
2024 
2023 
£ 
£ 
Loans from members
39,900 
34,700 
Amounts due to members in respect of profits
(19,787)
(23,040)
20,113 
11,660 
Amounts falling due within one year
20,113 
11,660 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up. The Partnership currently owes Mark Molyneux (director) £39,900. This is repayable on demand, and is interest-free.
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My-Architect Studio LLP Notes to the Accounts for the year ended 30 September 2024
8
Pension commitments
At the year end, Pension Commitments of (£65.82) were outstanding (2023: £797).
9
Average number of employees
During the year the average number of employees was 5 (2023: 4).
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