Registered No. OC443032 (England and Wales)
Bowls Buddies LLP
Unaudited accounts
for the year ended 31 March 2026
Bowls Buddies LLP
LLP Information
for the year ended 31 March 2026
Designated members
Mr Stephen Richard Clamp
Registered Number
OC443032 (England and Wales)
Registered Office
28 Farrington Drive
Ormskirk
Lancs
L39 1NB
United Kingdom
Accountants
SJM Accounting Services
51 Wilmslow Road
Cheadle
Stockport
Cheshire
SK8 1HG
Bowls Buddies LLP
Statement of financial position
as at 31 March 2026
Tangible assets
4,495
3,982
Cash at bank and in hand
10,884
11,354
Creditors: amounts falling due within one year
(4,416)
(175)
Net current assets
38,656
44,807
Net assets attributable to members
43,151
48,789
Loans and other debts due to members
33,151
38,789
Members' capital classified as equity
10,000
10,000
Loans and other debts due to members
33,151
38,789
Members' other interests
10,000
10,000
For the year ending 31 March 2026 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 23 June 2026.
Mr Ian Martin Gill
Designated member
Limited Liability Partnership Registration No. OC443032
Bowls Buddies LLP
Notes to the Accounts
for the year ended 31 March 2026
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.
The accounts are presented in £ sterling which is the functional currency of the Limited Liability Partnership.
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. 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.
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 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:
Plant & machinery
25% straight line
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.
Transactions in foreign currencies are recorded using the rate of exchange ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated using the rate of exchange ruling at the balance sheet date and the gains or losses on translation are included in the profit and loss account.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense.
Members are expected to subscribe a minimum amount of capital and may be invited to contribute more. On retirement, all capital is repaid to the member concerned.
Members' shares in the profit or loss for the year available for discretionary division among the members are accounted for as an allocation of that balance. Allocated balances are split between the members with any unallocated balances being included within 'Other reserves'. Members are permitted to make drawings in anticipation of that allocation, subject to the agreement of the other members.
Bowls Buddies LLP
Notes to the Accounts
for the year ended 31 March 2026
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.
Bowls Buddies LLP is a limited liability partnership, incorporated in England and Wales, registration number OC443032. Its registered office is 28 Farrington Drive, Ormskirk, Lancs, L39 1NB, United Kingdom.
3
Tangible fixed assets
Plant & machinery
4
Creditors: amounts falling due within one year
2026
2025
Taxes and social security costs
932
-
5
Loans and other debts due to members
2026
2025
Amounts due to members in respect of profits
33,151
38,789
Amounts falling due within one year
33,151
38,789
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 0 (2025: 0).