Limited Liability Partnership Registration No. OC386540 (England and Wales)
TULIPALO LLP
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
PAGES FOR FILING WITH REGISTRAR
TULIPALO LLP
BALANCE SHEET
AS AT
31 MARCH 2022
31 March 2022
- 1 -
2022
2021
£
£
£
£
Fixed assets
47,204
35,988
Current assets
129,012
90,610
Creditors: amounts falling due within one year
(146,628)
(106,688)
Net current liabilities
(17,616)
(16,078)
Total assets less current liabilities
29,588
19,910
Creditors: amounts falling due after more than one year
(40,199)
(52,669)
Net liabilities attributable to members
(10,611)
(32,759)
Represented by:
Loans and other debts due to members
(10,611)
(83,165)
Members' other interests
-
50,406
(10,611)
(32,759)
Notes to the financial statements
1
Financial commitments, guarantees and contingencies
Non-cancellable operating leases
The total non-cancellable operating leases due within one year is £715 (2021: £3,554).
The total non-cancellable operating leases due between one and five years is £0 (2021: £715)
2
Employees
The average number of persons
,
excluding members
,
employed by the partnership during the year was
as follows:
2022
2021
Number
Number
Employees
3
2
Tulipalo LLP is a
L
imited
L
iability
P
artnership incorporated in England and Wales. The registered office is 14 Blandford Square, Newcastle upon Tyne, Tyne and Wear, England, NE1 4HZ.
For the financial year ended 31 March 2022 the
L
imited
L
iability
P
artnership 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) relating to small limited liability partnerships.
TULIPALO LLP
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2022
31 March 2022
- 2 -
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to limited liability partnerships) with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
The financial statements were approved by the members and authorised for issue on 22 December 2022 and are signed on its behalf by:
Mr S Sparke-Pearson
Mrs M Sparke- Pearson
Designated member
Designated member
Limited Liability Partnership Registration Number OC386540