IRIS Accounts Production v25.4.12.37 OC389414 designated member designated member 1.4.24 31.3.25 31.3.25 0 0 false true false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh OC389414 2024-03-31 OC389414 2025-03-31 OC389414 2024-04-01 2025-03-31 OC389414 2023-03-31 OC389414 2023-04-01 2024-03-31 OC389414 2024-03-31 OC389414 ns15:EnglandWales 2024-04-01 2025-03-31 OC389414 ns14:PoundSterling 2024-04-01 2025-03-31 OC389414 ns10:PartnerLLP1 2024-04-01 2025-03-31 OC389414 ns10:PartnerLLP2 2024-04-01 2025-03-31 OC389414 ns10:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC389414 ns10:SmallEntities 2024-04-01 2025-03-31 OC389414 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC389414 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC389414 ns10:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC389414 ns10:FullAccounts 2024-04-01 2025-03-31 OC389414 ns10:RegisteredOffice 2024-04-01 2025-03-31 OC389414 ns5:CurrentFinancialInstruments 2025-03-31 OC389414 ns5:CurrentFinancialInstruments 2024-03-31 OC389414 ns5:Non-currentFinancialInstruments 2025-03-31 OC389414 ns5:Non-currentFinancialInstruments 2024-03-31 OC389414 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 OC389414 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31

REGISTERED NUMBER: OC389414 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

RIBOT STUDIOS LLP

| RIBOT STUDIOS LLP (REGISTERED NUMBER: OC389414) |

Contents of the Financial Statements

for the year ended 31 March 2025

Page |

| General Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| RIBOT STUDIOS LLP |

General Information

for the year ended 31 March 2025

| DESIGNATED MEMBERS: | A D Ribot

| Ribot Limited

| REGISTERED OFFICE: | Preston Park House

| South Road

| Brighton

| East Sussex

| BN1 6SB

| REGISTERED NUMBER: | OC389414 (England and Wales)

| ACCOUNTANTS: | Plus Accounting

| Chartered Accountants

| Preston Park House

| South Road

| Brighton

| East Sussex

| BN1 6SB

| RIBOT STUDIOS LLP (REGISTERED NUMBER: OC389414) |

Balance Sheet

31 March 2025

2025 | 2024 |

| Notes | £ | £

FIXED ASSETS

Investment property | 4 | 1,815,000 |  | 1,815,000 |  |

CURRENT ASSETS

Debtors | 5 | 6,803 |  | 7,566 |  |

Cash at bank | 30,861 |  | 26,051 |  |

37,664 |  | 33,617 |  |

CREDITORS

Amounts falling due within one year | 6 | (854,696 | ) | (885,902 | ) |

NET CURRENT LIABILITIES | (817,032 | ) | (852,285 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 997,968 |  | 962,715 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (171,041 | ) | (145,018 | ) |

NET ASSETS ATTRIBUTABLE TO MEMBERS | 826,927 |  | 817,697 |  |

LOANS AND OTHER DEBTS DUE TO MEMBERS | 9 | 826,927 |  | 817,697 |  |

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members | 9 | 826,927 |  | 817,697 |  |

The LLP is 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 for the year ended 31 March 2025.

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 affairs of the LLP as at the end of each financial year and of its profit or loss for each financial 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 Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

| RIBOT STUDIOS LLP (REGISTERED NUMBER: OC389414) |

Balance Sheet - continued

31 March 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 5 March 2026 and were signed by:

A D Ribot - Designated member

| RIBOT STUDIOS LLP (REGISTERED NUMBER: OC389414) |

Notes to the Financial Statements

for the year ended 31 March 2025

1. | STATUTORY INFORMATION

| Ribot Studios LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

| Turnover

| Turnover represents the fair value of consideration received or receivable net of VAT and rental income is recognised on an accruals basis.

| Financial instruments

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

| Members' remuneration

| A member's share of the profit or loss for the year is accounted for as an allocation of profits. Unallocated profits and losses are included within 'other reserves'.

| Investment property

| The LLP's property is held for long term investment. Investment properties are accounted for in accordance

| with the FRS 102 as follows:

| No depreciation is provided in respect of investment properties and they are revalued annually. The surplus

| or deficit on revaluation is recognised in the profit and loss account for the year. This treatment as regards to the LLP's investment property may be a departure from the requirements of the Companies Act concerning the depreciation of fixed assets. However, these properties are not held for consumption but for investment and the members consider that systematic annual depreciation would be inappropriate.

| The accounting policy adopted is therefore necessary for the financial statements to show a

| true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation

| and the amount which might otherwise have been shown cannot be separately identified or quantified.

| Impairment policy

| At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

3. | EMPLOYEE INFORMATION

| The average number of employees during the year was NIL (2024 - NIL).

| RIBOT STUDIOS LLP (REGISTERED NUMBER: OC389414) |

Notes to the Financial Statements - continued

for the year ended 31 March 2025

4. | INVESTMENT PROPERTY

Total |

| £

| FAIR VALUE

| At 1 April 2024

| and 31 March 2025 | 1,815,000 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,815,000 |  |

| At 31 March 2024 | 1,815,000 |  |

| The Investment property was valued on an open market basis on 31 March 2024 by the members.

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Trade debtors | 4,725 |  | 4,725 |  |

| Other debtors | 2,078 |  | 2,841 |  |

6,803 |  | 7,566 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Bank loans and overdrafts | 34,858 |  | 80,067 |  |

| Trade creditors | 200 |  | 518 |  |

| Other creditors | 819,638 |  | 805,317 |  |

854,696 |  | 885,902 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

| £ | £

| Bank loans | 171,041 |  | 145,018 |  |

8. | SECURED DEBTS

| The LLP's bankers hold a fixed and floating charge over the investment property.

9. | LOANS AND OTHER DEBTS DUE TO MEMBERS |

2025 | 2024 |

| £ | £

| Amounts owed to members in respect of profits | 826,927 |  | 817,697 |  |

| Falling due within one year | 826,927 |  | 817,697 |  |

| Loans and other debts due to members' (other than members' capital classified as debt) rank last in relation to other creditors.