A Love Parasite LLP - LLP accounts 22.3

REGISTERED NUMBER: OC437932 (England and Wales)

Report of the Members and

Unaudited Financial Statements for the Period 16 June 2021 to 30 June 2022

for

A Love Parasite LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

M Harris-Sippy

N Kavanagh

H James

REGISTERED OFFICE:

Unit 14 Elgar Business Centre

Moseley Road

Hallow

Worcester

Worcestershire

WR2 6NJ

REGISTERED NUMBER:

OC437932 (England and Wales)

ACCOUNTANTS:

SW&A Accountants

Unit 14

Elgar Business Centre

Moseley Road

Worcester

Worcestershire

WR2 6NJ

The members present their report with the financial statements of the LLP for the period 16 June 2021 to 30 June 2022.

INCORPORATION

The LLP was incorporated on 16 June 2021 .

PRINCIPAL ACTIVITY

The principal activity of the LLP in the period under review was that of Events Management and Operation

DESIGNATED MEMBERS

The designated members during the period under review were:

M Harris-Sippy

N Kavanagh

H James

RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS

The profit for the period before members' remuneration and profit shares was £7,526.

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

M Harris-Sippy - Designated member

8 March 2023

TURNOVER

49,858

Cost of sales

32,017

GROSS PROFIT

17,841

Administrative expenses

10,315

OPERATING PROFIT and

PROFIT FOR THE FINANCIAL PERIOD BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

7,526

CURRENT ASSETS

Debtors

521

Cash at bank

2,530

3,051

CREDITORS

Amounts falling due within one year

4

2,064

NET CURRENT ASSETS

987

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

987

LOANS AND OTHER DEBTS DUE TO MEMBERS

5

987

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

5

987

Amounts due from members

(521

)

466

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the period ended 30 June 2022.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 8 March 2023 and were signed by:

M Harris-Sippy - Designated member

N Kavanagh - Designated member

1.	STATUTORY INFORMATION

A Love Parasite LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

3.	EMPLOYEE INFORMATION

The average number of employees during the period was NIL.

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other creditors

2,064

5.

LOANS AND OTHER DEBTS DUE TO MEMBERS

£

Amounts owed to members in respect of profits

987

Falling due within one year

987

Debts due to members are not in priority of other creditors