Coverscreen UK LLP - Filleted accounts

Registered number

OC314581

Coverscreen UK LLP

Filleted Accounts

31 August 2025

Coverscreen UK LLP
Registered number:		OC314581
Balance Sheet
as at 31 August 2025
Notes		2025		2024
£			£
Fixed assets
Tangible assets	3	1703		2270

Current assets
Stocks		597		1012
Debtors	4	175		1637
Cash at bank and in hand		20572		8084
		21344		10733

Creditors: amounts falling due within one year	5	-9026		-6384

Net current assets		12318		4349

Total assets less current liabilities		14021		6619


Net assets attributable to members		14021		6619

Represented by:

Loans and other debts due to members	6	14021		6619

Total members' interests
Loans and other debts due to members	6	14021		6619

		14021		6619

For the year ended 31 August 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to 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.
The 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.

These accounts were approved by the members on 13 May 2026 and signed on their behalf by:



D Saunders
Designated member

Coverscreen UK LLP
Notes to the Accounts
for the year ended 31 August 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.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Division of profits
	Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account.

	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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Members' capital
	Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

2	Employees		2025		2024
Number				Number

	Average number of persons employed by the LLP		0		0


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 September 2024				12683
	Additions				0
	Disposals				0
	At 31 August 2025				12683

	Depreciation
	At 1 September 2024				10413
	Charge for the year				567
	On disposals				0
	At 31 August 2025				10980

	Net book value
	At 31 August 2025				1703
	At 31 August 2024				2270


4	Debtors		2025		2024
£				£

	Other debtors		175		1637


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Trade creditors		9026		6384


6	Loans and other debts due to members		2025		2024
£				£

	Amounts due to members in respect of profits		14021		6619

	Amounts falling due within one year		14021		6619

	Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.


7	Other information

	Coverscreen UK LLP is a limited liability partnership incorporated in England. Its registered office is:
	Unit 192
	19-21 Crawford Street
	London
	W1H 1PJ