1 February 2024 false No description of principal activity Taxfiler 2024.6 OC415531 business:LimitedLiabilityPartnershipLLP 2024-02-01 2025-03-31 OC415531 2024-01-31 OC415531 2024-02-01 2025-03-31 OC415531 business:AuditExemptWithAccountantsReport 2024-02-01 2025-03-31 OC415531 business:FilletedAccounts 2024-02-01 2025-03-31 OC415531 2025-03-31 OC415531 2024-01-31 OC415531 core:WithinOneYear 2025-03-31 OC415531 core:WithinOneYear 2024-01-31 OC415531 core:RetainedEarningsAccumulatedLosses 2025-03-31 OC415531 core:RetainedEarningsAccumulatedLosses 2024-01-31 OC415531 business:SmallEntities 2024-02-01 2025-03-31 OC415531 business:PartnerLLP2 2024-02-01 2025-03-31 OC415531 core:MotorVehicles 2024-02-01 2025-03-31 OC415531 core:FurnitureFittings 2024-02-01 2025-03-31 OC415531 countries:EnglandWales 2024-02-01 2025-03-31 OC415531 business:RegisteredOffice 2024-02-01 2025-03-31 OC415531 core:MotorVehicles 2024-01-31 OC415531 core:FurnitureFittings 2024-01-31 OC415531 core:MotorVehicles 2025-03-31 OC415531 core:FurnitureFittings 2025-03-31 OC415531 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure
Registered No. OC415531 (England and Wales)
Raymond Town Menswear LLP Unaudited accounts for the period from 1 February 2024 to 31 March 2025
Raymond Town Menswear LLP Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
3
5,173
6,310
Current assets
Inventories
65,650
29,530
Debtors
1,298
1,078
Cash at bank and in hand
4,053
27,517
71,001
58,125
Creditors: amounts falling due within one year
4
(66,425)
(51,402)
Net current assets
4,576
6,723
Net assets attributable to members
9,749
13,033
Represented by:
Members' other interests
Other reserves
9,749
13,033
9,749
13,033
Total members' interests
Members' other interests
9,749
13,033
9,749
13,033
For the period 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 6 November 2025.
Mr Richard J Town Designated member Limited Liability Partnership Registration No. OC415531
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Raymond Town Menswear LLP Notes to the Accounts for the period from 1 February 2024 to 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing Balance
Fixtures & fittings
15% Reducing Balance
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.
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.
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.
2
Statutory information
Raymond Town Menswear LLP is a limited liability partnership, incorporated in England and Wales, registration number OC415531. Its registered office is Rear of, 30 The Grove, ILKLEY, West Yorkshire, LS29 9EE, United Kingdom.
3
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 February 2024
4,500
6,718
11,218
At 31 March 2025
4,500
6,718
11,218
Depreciation
At 1 February 2024
2,602
2,306
4,908
Charge for the period
475
662
1,137
At 31 March 2025
3,077
2,968
6,045
Net book value
At 31 March 2025
1,423
3,750
5,173
At 31 January 2024
1,898
4,412
6,310
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Raymond Town Menswear LLP Notes to the Accounts for the period from 1 February 2024 to 31 March 2025
4
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
28,704
35,185
Trade creditors
32,193
2,589
Taxes and social security costs
2,535
11,398
Accruals
2,993
2,230
66,425
51,402
5
Average number of employees
During the period the average number of employees was 0 (2024: 0).
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