REGISTERED NUMBER: |
REPORT OF THE MEMBERS AND |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST MARCH 2023 |
FOR |
OTTIMO CREATIVE LLP |
REGISTERED NUMBER: |
REPORT OF THE MEMBERS AND |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST MARCH 2023 |
FOR |
OTTIMO CREATIVE LLP |
OTTIMO CREATIVE LLP (REGISTERED NUMBER: OC384392) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST MARCH 2023 |
Page |
Report of the Members | 1 |
Report of the Accountants | 2 |
Profit and loss account | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 6 |
OTTIMO CREATIVE LLP (REGISTERED NUMBER: OC384392) |
REPORT OF THE MEMBERS |
FOR THE YEAR ENDED 31ST MARCH 2023 |
The members present their report with the financial statements of the LLP for the year ended 31st March 2023. |
DESIGNATED MEMBERS |
The designated members during the period under review were: |
L A Crew |
M Lindwall |
G L Hawker |
RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS |
The profit for the year before members' remuneration and profit shares was £166 (2022 - £377 profit). |
MEMBERS' INTERESTS |
ON BEHALF OF THE MEMBERS: |
OTTIMO CREATIVE LLP |
REPORT OF THE ACCOUNTANTS TO THE MEMBERS OF |
OTTIMO CREATIVE LLP |
As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st March 2023 set out on pages three to seven and you consider that the LLP is exempt from an audit. |
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
Chartered Certified Accountants |
Pembroke House |
Llantarnam Park Way |
Cwmbran |
Torfaen |
NP44 3AU |
OTTIMO CREATIVE LLP (REGISTERED NUMBER: OC384392) |
PROFIT AND LOSS ACCOUNT |
FOR THE YEAR ENDED 31ST MARCH 2023 |
2023 | 2022 |
£ | £ |
TURNOVER |
Cost of sales | ( |
) |
GROSS PROFIT |
Administrative expenses | ( |
) | ( |
) |
OPERATING PROFIT and |
PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS |
OTTIMO CREATIVE LLP (REGISTERED NUMBER: OC384392) |
BALANCE SHEET |
31ST MARCH 2023 |
2023 | 2022 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 5 |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET LIABILITIES ATTRIBUTABLE TO MEMBERS |
- |
- |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
- |
- |
TOTAL MEMBERS' INTERESTS |
Amounts due from members | 4 | (21,579 | ) | (21,745 | ) |
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. |
OTTIMO CREATIVE LLP (REGISTERED NUMBER: OC384392) |
BALANCE SHEET - continued |
31ST MARCH 2023 |
The financial statements were approved by the members of the LLP and authorised for issue on |
OTTIMO CREATIVE LLP (REGISTERED NUMBER: OC384392) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST MARCH 2023 |
1. | STATUTORY INFORMATION |
Ottimo Creative LLP is registered in Wales. The LLP's registered number and registered office address are as below: |
Registered number: |
Registered office: |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade debtors |
Amounts due from members | 21,579 | 21,745 |
VAT |
OTTIMO CREATIVE LLP (REGISTERED NUMBER: OC384392) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST MARCH 2023 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
VAT |
Other creditors |
Accruals and deferred income |