iDraft LLP - Accounts

iDraft LLP
Contents Page
For the Period 06 April 2026 to 31 October 2026

Statement of Financial Position	1
Notes to the Financial Statements	2

iDraft LLP
Statement of Financial Position
As at 31 October 2026

	2026 £	2026 £
Current assets
Debtors	0	1,284
Cash at bank and in hand	220	1,642
	220	2,926
Creditors: amount falling due within one year	(162)	(1,442)
Net current assets	58	1,484

Total assets less current liabilities	58	1,484
Net assets	58	1,484

Represented by:
Amounts due from members	(2,936)	(6,837)
Members' capital	400	400
Other reserves	2,594	7,921
	2,994	8,321
	58	1,484

Total members' interests
Amounts due from members	(2,936)	(6,837)
Members' other interests	2,994	8,321
	58	1,484

For the period ending 31 October 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 LLP has opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account under section 444(1) of the Companies Act 2006.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006 (as applied to LLPs).

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

.............................................................................
Katherine Wilson
Designated Member
Date approved by the members: 04 November 2026

1

iDraft LLP
Notes to the Abridged Financial Statements
For the Period 06 April 2026 to 31 October 2026

General Information

iDraft LLP is a limited liability partnership, registered in England and Wales, registration number OC330388, registration address 24 Brockhurst Avenue, Burbage, Hinckley, Leicestershire, LE10 2HG.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

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

Cessation of trading

The LLP ceased trading in October 2026. The current period figures relate to the period 6 April 2026 to 31 October 2026. The comparative figures relate to the year ended 5 April 2026.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

2.	Average number of employees Average number of employees during the period was 0 (2026 : 0).

2