Commodious LLP - Filleted accounts

Registered number

OC377836

Commodious LLP

Filleted Accounts

5 April 2026

Commodious LLP
Registered number:		OC377836
Balance Sheet
as at 5 April 2026
Notes		2026		2025
£			£
Fixed assets
Tangible assets	3	4,534		2,941
Current assets
Debtors	4	34,085		36,044
Cash at bank and in hand		64,260		79,759
		98,345		115,803

Creditors: amounts falling due within one year	5	(90,985)		(90,211)

Net current assets		7,360		25,592

Total assets less current liabilities		11,894		28,533



Net assets attributable to members		11,894		28,533

Represented by:
Loans and other debts due to members	6	(939,413)		(826,994)

Members' other interests
Members' capital classified as equity		10,001		10,001
Other reserves		941,306		845,526
		951,307		855,527

		11,894		28,533

Total members' interests
Loans and other debts due to members	6	(939,413)		(826,994)
Members' other interests		951,307		855,527

		11,894		28,533

For the year ended 5 April 2026 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 5 August 2026 and signed on their behalf by:


M Heywood
Designated member

Commodious LLP
Notes to the Accounts
for the year ended 5 April 2026

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.

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	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.


2	Employees	2026		2025
Number			Number

	Average number of persons employed by the LLP	1		1


3	Tangible fixed assets
				Plant and machinery etc
£
	Cost
	At 6 April 2025			3,267
	Additions			1,593
	At 5 April 2026			4,860

	Depreciation
	At 6 April 2025			326
	At 5 April 2026			326

	Net book value
	At 5 April 2026			4,534
	At 5 April 2025			2,941


4	Debtors	2026		2025
£			£

	Trade debtors	18,064		20,023
	Other debtors	16,021		16,021
		34,085		36,044


5	Creditors: amounts falling due within one year	2026		2025
£			£

	Trade creditors	30,740		24,725
	Other taxes and social security costs	47,711		54,064
	Other creditors	12,534		11,422
		90,985		90,211


6	Loans and other debts due to members	2026		2025
£			£

	Amounts due to members in respect of profits	(939,413)		(826,994)

	Amounts falling due within one year	(939,413)		(826,994)

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


7	Other information

	Commodious LLP is a limited liability partnership incorporated in England. Its registered office is:
	Gateshead International Business Centre
	Mulgrave Terrace
	Gateshead
	Tyne & Wear
	NE8 1AN