Limited Liability Partnership registration number OC441107 (England and Wales)
RAISINS TOURING LLP
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
RAISINS TOURING LLP
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
RAISINS TOURING LLP
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Current assets
Debtors
3
391,316
2,816,325
Cash at bank and in hand
952,342
635,805
1,343,658
3,452,130
Creditors: amounts falling due within one year
4
(406,945)
(1,584,581)
Net current assets and net assets attributable to members
936,713
1,867,549
Represented by:
Loans and other debts due to members within one year
Amounts due in respect of profits
936,713
1,867,549
Total members' interests
Amounts due from members
(82)
-
Loans and other debts due to members
936,713
1,867,549
936,631
1,867,549

For the financial year ended 31 March 2025 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.

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

The financial statements were approved by the members and authorised for issue on 18 September 2025 and are signed on their behalf by:
Miss Rachel Keen
Hello Rat Limited
Designated member
Designated Member
Limited Liability Partnership registration number OC441107 (England and Wales)
RAISINS TOURING LLP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Limited liability partnership information

Raisins 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.

1.1
Accounting convention

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 a mounts 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.

1.2
Turnover

Turnover is represented as follows: Live income is recognised based on performance date. Merchandise income is recognised when the goods change ownership. Branding income is recognised based on contractual payment dates. Sale of film asset income is recognised at the date of sale.

If, at the balance sheet date, completion of contractual obligations is dependent on external factors (and thus outside the control of the Limited Liability Partnership), then revenue is recognised only when the event occurs. In such cases, costs incurred up to the balance sheet date are carried forward as work in progress.

1.3
Members' participating interests

Members' participation rights are the rights of a member against the LLP that arise under the m embers' 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.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand.

1.5
Financial instruments

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.

RAISINS TOURING LLP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -
1.6
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the limited liability partnership is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.7
Foreign exchange

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.

2
Employees

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

2025
2024
Number
Number
Total
-
0
-
0
3
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
32,972
1,493,935
Amounts owed by members
82
-
Other debtors
358,262
1,322,390
391,316
2,816,325
4
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
1,549
115,135
Taxation and social security
20,753
323,612
Other creditors
384,643
1,145,834
406,945
1,584,581
RAISINS TOURING LLP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
5
Loans and other debts due to members

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

6
Members' transactions

Hello Rat Limited is a designated member of the LLP. During the year, Hello Rat Limited paid costs on behalf of the LLP amounting to £2,872 and was paid £2,954 by the LLP. At the balance sheet date Hello Rat Limited owed the LLP £82 (2024: £Nil). Hello Rat Limited also received invoices from Raisins Touring LLP in the period amounting to £940,443 and paid £1,320,809. These transactions were incurred on an arm's length basis. At the balance sheet date, the aged debtor balance in Raisins Touring LLP owed by Hello Rat Limited was £Nil (2024: £380,366).

Rachel Keen is a designated member of the LLP. During the year, the LLP made payments to Rachel Keen amounting to £989,823 and was repaid £989,083. At the balance sheet date the LLP owed Rachel Keen £572 (2024: £1,312).

Efia Films LLP is an entity of which Rachel Keen is a member. Efia Films LLP received invoices from the LLP in the period amounting to £31,430. These transactions were incurred on an arm's length basis. At the balance sheet date, the aged debtor balance in Raisins Touring LLP owed by Efia Films LLP was £31,430 (2024: £Nil).

All of the above loans are interest free and repayable on demand.

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