1 January 2024 false No description of principal activity Taxfiler 2024.6 OC365208 business:LimitedLiabilityPartnershipLLP 2024-01-01 2024-12-31 OC365208 2023-12-31 OC365208 2024-01-01 2024-12-31 OC365208 business:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 OC365208 business:FilletedAccounts 2024-01-01 2024-12-31 OC365208 2024-12-31 OC365208 business:PartnerLLP1 2024-01-01 2024-12-31 OC365208 business:PartnerLLP2 2024-01-01 2024-12-31 OC365208 business:RegisteredOffice 2024-01-01 2024-12-31 OC365208 2023-12-31 OC365208 core:WithinOneYear 2024-12-31 OC365208 core:WithinOneYear 2023-12-31 OC365208 core:AfterOneYear 2024-12-31 OC365208 core:AfterOneYear 2023-12-31 OC365208 core:ShareCapital 2024-12-31 OC365208 core:ShareCapital 2023-12-31 OC365208 core:RetainedEarningsAccumulatedLosses 2024-12-31 OC365208 core:RetainedEarningsAccumulatedLosses 2023-12-31 OC365208 business:SmallEntities 2024-01-01 2024-12-31 OC365208 countries:EnglandWales 2024-01-01 2024-12-31 OC365208 core:Goodwill 2023-12-31 OC365208 core:Goodwill 2024-12-31 OC365208 core:Goodwill 2024-01-01 2024-12-31 OC365208 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Registered No. OC365208 (England and Wales)
PPIP LLP Unaudited accounts for the year ended 31 December 2024
PPIP LLP LLP Information for the year ended 31 December 2024
Designated members
Bryn Robert Gwyn Morrow
Peggy Maria Blandine Morrow
Registered Number
OC365208 (England and Wales)
Registered Office
32 Maddison Studios 101 Amies St London SW11 2JW England
Accountants
Williams Stanley and Co
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PPIP LLP Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Intangible assets
3
3,914
4,442
Current assets
Debtors
43,758
54,862
Cash at bank and in hand
47,282
57,014
91,040
111,876
Creditors: amounts falling due within one year
4
(33,121)
(16,772)
Net current assets
57,919
95,104
Total assets less current liabilities
61,833
99,546
Creditors: amounts falling due after more than one year
5
(127,310)
(142,352)
Net liabilities attributable to members
(65,477)
(42,806)
Represented by:
Loans and other debts due to members
6
(36,989)
(39,916)
Members' other interests
Members' capital classified as equity
44,462
44,462
Other reserves
(72,950)
(47,352)
(28,488)
(2,890)
(65,477)
(42,806)
Total members' interests
Loans and other debts due to members
(36,989)
(39,916)
Members' other interests
(28,488)
(2,890)
(65,477)
(42,806)
For the year ending 31 December 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 30 September 2025.
Bryn Robert Gwyn Morrow Designated member Limited Liability Partnership Registration No. OC365208
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PPIP LLP Notes to the Accounts for the year ended 31 December 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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
2
Statutory information
PPIP LLP is a limited liability partnership, incorporated in England and Wales, registration number OC365208. Its registered office is 32 Maddison Studios, 101 Amies St, London, SW11 2JW, England.
3
Intangible fixed assets
Goodwill
£
Cost
At 1 January 2024
11,090
At 31 December 2024
11,090
Amortisation
At 1 January 2024
6,648
Charge for the year
528
At 31 December 2024
7,176
Net book value
At 31 December 2024
3,914
At 31 December 2023
4,442
4
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
7,965
-
Trade creditors
9,324
14,772
Other creditors
13,832
-
Accruals
2,000
2,000
33,121
16,772
5
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
-
13,011
Amounts owed to group undertakings and other participating interests
127,310
129,341
127,310
142,352
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PPIP LLP Notes to the Accounts for the year ended 31 December 2024
6
Loans and other debts due to members
2024
2023
£
£
Amounts due to members in respect of profits
(36,989)
(39,916)
Amounts falling due within one year
(36,989)
(39,916)
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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