IRIS Accounts Production v23.2.0.158 OC391242 designated member 1.1.22 31.12.22 31.12.22 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureOC3912422021-12-31OC3912422022-12-31OC3912422022-01-012022-12-31OC3912422020-12-31OC3912422021-01-012021-12-31OC3912422021-12-31OC391242ns16:EnglandWales2022-01-012022-12-31OC391242ns15:PoundSterling2022-01-012022-12-31OC391242ns11:Director12022-01-012022-12-31OC391242ns11:LimitedLiabilityPartnershipLLP2022-01-012022-12-31OC391242ns11:SmallEntities2022-01-012022-12-31OC391242ns11:AuditExempt-NoAccountantsReport2022-01-012022-12-31OC391242ns11:SmallCompaniesRegimeForAccounts2022-01-012022-12-31OC391242ns11:LimitedLiabilityPartnershipsSORP2022-01-012022-12-31OC391242ns11:AbridgedAccounts2022-01-012022-12-31OC391242ns6:CurrentFinancialInstruments2022-12-31OC391242ns6:CurrentFinancialInstruments2021-12-31OC391242ns11:RegisteredOffice2022-01-012022-12-31OC39124212022-01-012022-12-31
REGISTERED NUMBER: OC391242 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31st December 2022

for

A4G Growth LLP

A4G Growth LLP (Registered number: OC391242)






Contents of the Financial Statements
for the Year Ended 31st December 2022




Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


A4G Growth LLP (Registered number: OC391242)

Abridged Balance Sheet
31st December 2022

2022 2021
£    £   
CURRENT ASSETS
Debtors 3,434 5,067
Cash at bank 32,207 44,622
35,641 49,689
CREDITORS
Amounts falling due within one year 3,122 3,917
NET CURRENT ASSETS 32,519 45,772
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

32,519

45,772

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

MEMBERS' OTHER INTERESTS
Capital accounts 32,519 45,772
32,519 45,772

TOTAL MEMBERS' INTERESTS
Members' other interests 32,519 45,772

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 31st December 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.

A4G Growth LLP (Registered number: OC391242)

Abridged Balance Sheet - continued
31st December 2022


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st December 2022 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 30th September 2023 and were signed by:





Mr. W Richardson - Designated member

A4G Growth LLP (Registered number: OC391242)

Notes to the Financial Statements
for the Year Ended 31st December 2022

1. STATUTORY INFORMATION

A4G Growth LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number: OC391242

Registered office: Kings Lodge
London Road
West Kingsdown
TN15 6AR

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Revenue recognition
Sales comprise the fair value of the consideration received or receivable for the rendering of services in the ordinary course of the company's activities. Sales are presented, net of value-added tax, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the company's activities as follows:

Revenue from the sale of services is recognised at the point at which those services have been provided to the customer. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

A4G Growth LLP (Registered number: OC391242)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2022

3. ACCOUNTING POLICIES - continued

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors and loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, such as the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit and loss.

4. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2021 - NIL).

5. ULTIMATE CONTROLLING PARTY

During the period, the entity was jointly controlled by Mr W Richardson as designated member, and by Mr M Palmer, by virtue of his control of the designated member A4G LLP.