Little Comets LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC342556

		31 May 2026		31 March 2025
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Cash at bank and in hand		4,576		4,413

		4,576		4,413
Creditors: Amounts Falling Due Within One Year	5	(1 )		(5,449 )

NET CURRENT ASSETS (LIABILITIES)			4,575		(1,036 )

TOTAL ASSETS LESS CURRENT LIABILITIES			4,575		(1,036 )

NET ASSETS/(LIABILITIES) ATTRIBUTABLE TO MEMBERS			4,575		(1,036 )

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		37,633		37,633

			37,633		37,633

Equity
Members' other interests
Members' capital		(219,041)		(166,097)
Other reserves		185,983		127,428

			(33,058)		(38,669)

			4,575		(1,036)

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			37,633		37,633
Members' other interests			(33,058)		(38,669)

			4,575		(1,036)

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Page 2

Little Comets LLP

Balance Sheet (continued)

As At 31 May 2026

For the period ending 31 May 2026 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (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 LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr R Coles

Designated Member

11/09/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Little Comets LLP is a limited liability partnership, incorporated in England & Wales, registered number OC342556 . The Registered Office is 171 Sunderland Road, South Shields, Tyne and Wear, NE34 6AD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in May 2024 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles

Historical Cost

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the period was: NIL (2025: NIL)

4. Tangible Assets

	Motor Vehicles
	£
Cost
As at 1 April 2025	4,036

As at 31 May 2026	4,036

Depreciation
As at 1 April 2025	4,036

As at 31 May 2026	4,036

Net Book Value
As at 31 May 2026	-

As at 1 April 2025	-

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Page 4

Little Comets LLP

Notes to the Financial Statements (continued)

For the Period 1 April 2025 to 31 May 2026

5. Creditors: Amounts Falling Due Within One Year

	31 May 2026	31 March 2025
	£	£
Trade creditors	1	1
Other loans	-	3,500
VAT	-	298
Accruals and deferred income	-	1,650

	1	5,449

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