1 April 2024 false No description of principal activity Taxfiler 2024.6 OC443768business:LimitedLiabilityPartnershipLLP2024-04-012025-03-31 OC4437682024-03-31 OC4437682024-04-012025-03-31 OC443768business:AuditExempt-NoAccountantsReport2024-04-012025-03-31 OC443768business:FilletedAccounts2024-04-012025-03-31 OC4437682025-03-31 OC4437682024-03-31 OC443768core:WithinOneYear2025-03-31 OC443768core:WithinOneYear2024-03-31 OC443768core:RetainedEarningsAccumulatedLosses2025-03-31 OC443768core:RetainedEarningsAccumulatedLosses2024-03-31 OC443768business:SmallEntities2024-04-012025-03-31 OC443768business:PartnerLLP12024-04-012025-03-31 OC443768countries:EnglandWales2024-04-012025-03-31 OC443768business:RegisteredOffice2024-04-012025-03-31 OC443768core:WithinOneYear2024-04-012025-03-31 OC4437682023-04-012024-03-31 iso4217:GBP xbrli:pure
Registered No. OC443768 (England and Wales)
GROUPE LFD LLP Unaudited accounts for the year ended 31 March 2025
GROUPE LFD LLP Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Inventories
19,472 
8,620 
Debtors
2,422 
4,055 
Cash at bank and in hand
13,794 
13,266 
35,688 
25,941 
Creditors: amounts falling due within one year
(12,653)
(4,189)
Net current assets
23,035 
21,752 
Net assets attributable to members
23,035 
21,752 
Represented by:
Loans and other debts due to members
29,778 
22,758 
Members' other interests
Other reserves
(6,743)
(1,006)
23,035 
21,752 
Total members' interests
Loans and other debts due to members
29,778 
22,758 
Members' other interests
(6,743)
(1,006)
23,035 
21,752 
For the year ending 31 March 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 16 July 2025.
Mr Abdelaziz Baali Designated member Limited Liability Partnership Registration No. OC443768
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GROUPE LFD LLP Notes to the Accounts for the year ended 31 March 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.
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Taxation
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Foreign currencies
Transactions in foreign currencies are recorded using the rate of exchange ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated using the rate of exchange ruling at the balance sheet date and the gains or losses on translation are included in the profit and loss account.
2
Statutory information
GROUPE LFD LLP is a limited liability partnership, incorporated in England and Wales, registration number OC443768. Its registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.
3
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security costs
219 
3,389 
Other creditors
11,609 
- 
Accruals
825 
800 
12,653 
4,189 
The other creditor balance represents an unsecured loan which carries no interest but is repayable on demand.
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GROUPE LFD LLP Notes to the Accounts for the year ended 31 March 2025
4
Loans and other debts due to members
2025 
2024 
£ 
£ 
Loans from members
29,778 
22,758 
Amounts falling due within one year
29,778 
22,758 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
5
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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