| Registered Number:OC426149 |
For the year ended 31 March 2025
England and Wales
Report of the Members and Unaudited Financial Statements
For the year ended 31 March 2025
Short Daisies LLP
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Short Daisies LLP
Statement of Financial Position
2024
2025
| Property, plant and equipment |
30,729
7,554
3
30,729
7,554
| Trade and other receivables |
3,292
826
4
39
582
| Cash and cash equivalents |
865
3,874
| Trade and other payables: amounts falling due within one |
| year |
(39,990)
(70,266)
5
(36,116)
(69,401)
Net current liabilities
| Total assets less current liabilities |
(38,672)
(28,562)
(38,672)
Net liabilities attributable to members
(28,562)
| Loans and other debts due to members |
155
15,704
6
(38,827)
(44,266)
| Loans and other debts due to members |
155
15,704
6
(38,672)
(28,562)
| For the year ended 31 March 2025 the LLP 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 LLPs. |
| 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 affair of the LLP as at the end of each |
| financial year and of its profit or loss for each 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 |
| Liabilities Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to the |
| financial statements, so far as applicable to the LLP |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements are prepared in accordance with the provisions applicable to LLP's subject to the small LLP's regime. |
| Mrs Fiona Jane ThoburnDesignated Member |
These financial statements were approved by the members on 23 May 2025 and signed on their behalf by:
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For the year ended 31 March 2025
Short Daisies LLP
Notes to the Financial Statements
Statutory Information
| Short Daisies LLP is a limited liability partnership, domiciled in England and Wales, registration number OC426149. |
2,Defender Court
Sunderland Enterprise Park
Sunderland
SR5 3PE
| The presentation currency is £ sterling. |
Basis of preparation
| The report and financial statements for the year ended 31 March 2025 have been prepared under the historical cost |
| convention and in accordance with the Section 1A of Financial Reporting Standard 102 ''The Financial Reporting |
| Standard applicable in the UK and Republic of Ireland'' and the Statement of Recommended Practice "Accounting by |
| Limited Liability Partnerships". |
| These financial statements have been prepared for the period from 22nd February 2019 to 30th April 2020, a period |
| longer than one year. The designated members took this decision to achieve a coterminus period end with related |
| businesses. As this is the LLP's first accounting period, there are no comparative figures to present. |
Turnover
| Turnover comprises the value of sales (excluding VAT and similar taxes and trade discounts) of goods and services in the normal course of business. |
Depreciation of tangible fixed assets
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Motor Vehicles
Leasing and hire purchase commitments
| Assets obtained under finance leases and hire purchase contracts are capitalised as tangible fixed assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period. Rentals payable under operating leases are charged against income on a straight line basis over the lease term. |
| 2. Interest payable and similar charges |
2025
2024
| Interest payable on bank borrowing |
-
3,184
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For the year ended 31 March 2025
Short Daisies LLP
Notes to the Financial Statements Continued
| 3. Property, plant and equipment |
Motor Vehicles
10,600
30,000
40,600
| Provision for depreciation and impairment |
3,046
Charge for year
6,825
9,871
30,729
7,554
| 4. Trade and other receivables |
2025
2024
279
-
| Prepayments & accrued income |
-
200
| Taxation and social securities |
547
3,092
826
3,292
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
1,200
(1)
69,066
39,991
70,266
39,990
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For the year ended 31 March 2025
Short Daisies LLP
Notes to the Financial Statements Continued
| 6. Loans and other debts due to members |
2024
2025
155
15,704
155
15,704
| 7. Average number of persons employed |
During the period the average number of employees was 0
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