Fulcrum Associates LLP - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: OC366487 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2023

for

Fulcrum Associates LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DESIGNATED MEMBERS:

N A Tyrrell

C Maton

C Tyrrell

REGISTERED OFFICE:

Unit D

South Cambridge Bus Pk

Babraham Road,Sawston

Cambridge

CB22 3JH

REGISTERED NUMBER:

OC366487 (England and Wales)

ACCOUNTANTS:

Tyrrell Accountants

Unit D

South Cambs Business Park

Sawston

Cambridge

Cambridgeshire

CB22 3JH

CURRENT ASSETS

Debtors

4

21,060

31,200

Cash at bank

4,347

2,344

25,407

33,544

CREDITORS

Amounts falling due within one year

5

5,590

-

NET CURRENT ASSETS

19,817

33,544

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

19,817

33,544

LOANS AND OTHER DEBTS DUE TO MEMBERS

6

19,817

33,544

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

19,817

33,544

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 year ended 31 March 2023.

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 and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 15 December 2023 and were signed by:

C Tyrrell - Designated member

1.	STATUTORY INFORMATION

Fulcrum Associates 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 year was NIL (2022 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2023

2022

£

£

Other debtors

21,060

31,200

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Taxation and social security

5,590

-

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2023

2022

£

£

Amounts owed to members in respect of profits

19,817

33,544

Falling due within one year

19,817

33,544

The unsecured debt due to members will rank equally with debts due to other unsecured creditors in a winding up.