For the financial year ended 31 December 2024 the limited liability partnership was entitled to exemption from audit under section 477 of the Companies Act 2006 as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small limited liability partnerships.

The members acknowledge their responsibilities for complying with the requirements of the Act as applied to limited liability partnerships with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to limited liability partnerships subject to the small limited liability partnerships regime.

The members of the limited liability partnership have elected not to include a copy of the profit and loss account within the financial statements.

Behemoth Touring LLP is a limited liability partnership incorporated in England and Wales. The registered office is 3rd Floor, The Bloomsbury Building, 10 Bloomsbury Way, Holborn, WC1A 2SL.

The limited liability partnership's principal activities are disclosed in the Members' Report.

The LLP was incorporated on 22 June 2023 and the reporting period shortened to 31 December for commercial reasons. Therefore the prior year accounts were prepared for a period of less than one year and the financial statements (including related notes) are not entirely comparable.

These financial statements have been prepared in accordance with the Statement of Recommended Practice "Accounting by Limited Liability Partnerships" issued in December 2021, together with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the limited liability partnership. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Turnover represents the amounts recoverable for the services provided to clients, excluding value added tax, under contractual obligations which are performed gradually over time.

Live performance income is recognised based on performance date.

Revenue from contracts in respect of merchandising and marketing income are recognised on a receivable basis.

Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed remuneration and profits).

Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with section 22 of FRS 102. A member's participation rights including amounts subscribed or otherwise contributed by members, for example members' capital, are classed as liabilities unless the LLP has an unconditional right to refuse payment to members, in which case they are classified as equity.

All amounts due to members that are classified as liabilities are presented within 'Loans and other debts due to members' and, where such an amount relates to current year profits, they are recognised within ‘Members' remuneration charged as an expense’ in arriving at the relevant year’s result. Undivided amounts that are classified as equity are shown within ‘Members' other interests’. Amounts recoverable from members are presented as debtors and shown as amounts due from members within members’ interests.

The limited liability partnership has only has assets which are classified as basic financial instruments.

Short-term debtors and creditors are measured at the settlement value. Any losses from impairment are recognised in profit and loss.

Bank loans are initially recorded at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method.

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

The average number of persons (excluding members) employed by the partnership during the year was:

In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.

Adam Darski, a designated member of Behemoth Touring LLP, is a director of Behemoth Productions Ltd. During the period, the company paid for expenses on behalf of the LLP totalling £102,983. During the same period, Behemoth Productions Ltd received income on behalf of Behemoth Touring LLP totalling £99,464. At the balance sheet date, Behemoth Productions Ltd owed Behemoth Touring LLP £nil (2023: £3,519).

Behemoth Band LLP shares the same designated members as Behemoth Touring LLP. During the period, Behemoth Band LLP paid for received payments from Behemoth Touring LLP totalling £20,318. During the same period, Behemoth Band LLP made payments to Behemoth Touring LLP totalling £24,925. At the balance sheet date, Behemoth Band LLP owed Behemoth Touring LLP £4,607 (2023: £nil)

Behemoth Live LLC shares the same designated members as Behemoth Touring LLP. During the period, Behemoth Live LLC paid for expenses on behalf of the LLP totalling £2,856. During the same period, Behemoth Live LLC received payments from Behemoth Touring LLP totalling £22,170. At the balance sheet date, Behemoth Live LLC owed Behemoth Touring LLP £19,314 (2023: £nil)

Behemoth Touring Inc shares the same designated members as Behemoth Touring LLP. During the period, Behemoth Touring Inc paid for expenses on behalf of the LLP totalling £7,744. During the same period, Behemoth Touring Inc received payments from Behemoth Touring LLP totalling £17,505. At the balance sheet date, Behemoth Touring LLP owed Behemoth Touring Inc £nil (2023: £9,761).