27 August 2025 false No description of principal activity Taxfiler 2024.6 OC457912business:LimitedLiabilityPartnershipLLP2025-08-272026-03-31 OC4579122025-08-26 OC4579122025-08-272026-03-31 OC457912business:AuditExemptWithAccountantsReport2025-08-272026-03-31 OC457912business:FilletedAccounts2025-08-272026-03-31 OC4579122026-03-31 OC457912business:PartnerLLP22025-08-272026-03-31 OC457912business:PartnerLLP32025-08-272026-03-31 OC457912business:RegisteredOffice2025-08-272026-03-31 OC457912core:WithinOneYear2026-03-31 OC457912core:RetainedEarningsAccumulatedLosses2026-03-31 OC457912business:SmallEntities2025-08-272026-03-31 OC457912countries:EnglandWales2025-08-272026-03-31 iso4217:GBP xbrli:pure
Registered No. OC457912 (England and Wales)
Understoreys LLP Unaudited accounts for the period from 27 August 2025 to 31 March 2026
Understoreys LLP LLP Information for the period from 27 August 2025 to 31 March 2026
Designated members
Mr Patrick Low
Ms Hannah Price
Registered Number
OC457912 (England and Wales)
Registered Office
46 The Oval Walker Newcastle upon Tyne Tyne and Wear NE6 3LH England
Accountants
Richard Bown & Co 2C Duchess Street Whitley Bay Tyne & Wear NE26 3PW
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Understoreys LLP Statement of financial position as at 31 March 2026
2026 
Notes
£ 
Current assets
Debtors
350 
Cash at bank and in hand
10,205 
10,555 
Creditors: amounts falling due within one year
(4,547)
Net current assets
6,008 
Net assets attributable to members
6,008 
Represented by:
Members' other interests
Other reserves
6,008 
6,008 
Total members' interests
Members' other interests
6,008 
6,008 
For the period 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 1 August 2026.
Mr Patrick Low Designated member Limited Liability Partnership Registration No. OC457912
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Understoreys LLP Notes to the Accounts for the period from 27 August 2025 to 31 March 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.
Presentation currency
The accounts are presented in £ sterling.
2
Statutory information
Understoreys LLP is a limited liability partnership, incorporated in England and Wales, registration number OC457912. Its registered office is 46 The Oval, Walker, Newcastle upon Tyne, Tyne and Wear, NE6 3LH, England.
3
Creditors: amounts falling due within one year
2026 
£ 
Trade creditors
470 
Other creditors
4,077 
4,547 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
5
Average number of employees
During the period the average number of employees was 0.
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