REGISTERED NUMBER: OC342862 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Arts & Management International LLP

Page

General Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Ms T M Pos

M H Pos

REGISTERED OFFICE:

1 Beauchamp Court

10 Victors Way

Barnet

Hertfordshire

EN5 5TZ

REGISTERED NUMBER:

OC342862 (England and Wales)

ACCOUNTANTS:

BBK Partnership

Chartered Accountants

& Statutory Auditors

1 Beauchamp Court

10 Victors Way

Barnet

Hertfordshire

EN5 5TZ

ASSETS

FIXED ASSETS

Tangible assets

4

530

1,063

CURRENT ASSETS

Stocks

5

21,500

22,500

Debtors: amounts falling due within one year

6

22,006

21,843

Cash at bank

29,769

15,943

73,275

60,286

73,805

61,349

CAPITAL, RESERVES AND LIABILITIES

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

(64,222

)

(76,577

)

CREDITORS

8

138,027

137,926

73,805

61,349

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

(64,222

)

(76,577

)

Amounts due from members

6

(21,425

)

(21,425

)

(85,647

)

(98,002

)

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 year ended 31 March 2025.

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 and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 20 September 2025 and were signed by:

M H Pos - Designated member

1.	STATUTORY INFORMATION

Arts & Management International LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Going concern

The financial statements are prepared on the going concern basis, which assumes the ability of the company to continue its activities for the foreseeable future, being a period of not less than twelve months from the approval of these accounts.

The members, having considered all the information available, are confident that the company has adequate reserves and resources to continue its operational activities for the foreseeable future. Accordingly, the members are satisfied that the going concern basis continues to be appropriate for the preparation of the annual financial statements.

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

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 April 2024

and 31 March 2025

17,238

DEPRECIATION

At 1 April 2024

16,175

Charge for year

533

At 31 March 2025

16,708

NET BOOK VALUE

At 31 March 2025

530

At 31 March 2024

1,063

5.

STOCKS

31.3.25

31.3.24

£

£

Stocks

21,500

22,500

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Amounts due from members

21,425

21,425

VAT

581

418

22,006

21,843

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

31.3.25

31.3.24

£

£

Amounts owed to members in respect of profits

31,518

19,163

Capital account

(95,740

)

(95,740

)

(64,222

)

(76,577

)

Falling due within one year

(64,222

)

(76,577

)

Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

135,927

135,926

Accrued expenses

2,100

2,000

138,027

137,926