2024-04-01 2025-03-31 OC342517 MAGNOLIA MEDICAL LLP false OC342517 2024-04-01 2025-03-31 OC342517 uk-bus:Director1 2024-04-01 2025-03-31 OC342517 uk-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC342517 uk-bus:Micro-entities 2024-04-01 2025-03-31 OC342517 uk-bus:FullAccounts 2024-04-01 2025-03-31 OC342517 uk-bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC342517 2024-04-01 OC342517 2025-03-31 OC342517 2024-03-31 xbrli:pure iso4217:GBP OC342517 2023-04-01 2024-03-31

Partnership Registration Number : OC342517 (England and Wales)
OC342517
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2025-03-31
false
MAGNOLIA MEDICAL LLP
The accounts were prepared in accordance with FRS102
The accounts have been audited
2024-04-01
MAGNOLIA MEDICAL LLP Filleted Unaudited Financial Statements For the year ended 31 March 2025

MAGNOLIA MEDICAL LLP Contents For the year ended 31 March 2025

CONTENTS | PAGE
Partnership Information | 3
Statement of Financial Position | 4

MAGNOLIA MEDICAL LLP Partnership Information For the year ended 31 March 2025

Partnership registration number |  | OC342517 (England and Wales)
Members/Designated members |  | Northiam Associates Limited
|  | QAG Associates Limited
Registered office address |  | The Brentano Suite, Solar House
|  | 915 High Road, North Finchley
|  | London
|  | N12 8QJ
Accountant |  |
Ramsay Brown LLP The Brentano Suite, Solar House 915 High Road, North Finchley N12 8QJ

MAGNOLIA MEDICAL LLP Statement of Financial Position For the year ended 31 March 2025

2025-03-31

|  | 2025 |  | 2024
|  | £ |  | £
Current assets |  | 12,227 |  | 2,185
Cash in hand/bank |  | 695 |  | 2,185
Creditors: Amounts falling due within one year |  | (1,628) |  | (2,798)
Net current assets/(liabilities) |  | 10,599 |  | (614)
Total assets less current liabilities |  | 10,599 |  | (614)
Net assets/(liabilities) |  | 10,599 |  | (614)
Capital and reserves |  | 192,963 |  | 0
Profit and loss account |  | 192,963 |  | 0
Shareholder's fund |  | 192,963 |  | 0
Represented by: |  |  |  |  |
Loans and other debts due to members |  | 192,963 |  | 109,082
Capital and reserves: |  |  |  |  |
- Members capital |  | (182,364) |  | (109,696)
- Other reserves |  | - |  | -
|  | 10,599 |  | (614)
Total members interests |  |  |  |  |
Total Amounts due to members |  | 192,963 |  | 109,082
Member's other interests |  | (182,364) |  | (109,696)
|  | 10,599 |  | (614)
(1) General Information
The MAGNOLIA MEDICAL LLP is a limited liability partnership and is registered in England and Wales. The address of the registered office is The Brentano Suite, Solar House, 915 High Road, North Finchley, London, N12 8QJ.
(2) Average number of employees
The average number of persons employed by the partnership during the year was 0 0 (2024:0).
For the year ending 31/03/2025, the LLP was 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) relating to small LLPs. For the year ending 31 March 2025 the LLP was 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) 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. 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 financial statements. These accounts have been prepared in accordance with the provisions applicable to LLPs subject to the micro-entity LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies. These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
2025-05-30 Approved by the members and signed on behalf of the members by:
30 May 2025
.............................
QAG Associates Limited (Designated member)
LLP registration number: OC342517 (England and Wales)
The members have not required the company to obtain an audit in accordance with section 477 of the Companies Act 2006