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REGISTERED NUMBER: OC440307 (England and Wales)






















Report of the Members and

Unaudited Financial Statements

for the Period

13 December 2021 to 5 April 2023

for

TKNVA Partners LLP

TKNVA Partners LLP (Registered number: OC440307)






Contents of the Financial Statements
for the Period 13 December 2021 to 5 April 2023




Page

General Information 1

Report of the Members 2

Chartered Accountants' Report 3

Income Statement 4

Balance Sheet 5

Notes to the Financial Statements 6


TKNVA Partners LLP

General Information
for the Period 13 December 2021 to 5 April 2023







DESIGNATED MEMBERS: Mr S S Chana
Mr W G P Eden
Mr J J Fitzhenry





REGISTERED OFFICE: 15 Newland
Lincoln
LN1 1XG





REGISTERED NUMBER: OC440307 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
15 Newland
Lincoln
Lincolnshire
LN1 1XG

TKNVA Partners LLP (Registered number: OC440307)

Report of the Members
for the Period 13 December 2021 to 5 April 2023

The members present their report with the financial statements of the LLP for the period 13 December 2021 to 5 April 2023.

INCORPORATION
The LLP was incorporated on 13 December 2021 and commenced trading on the same date.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the period under review was that of consultancy services.

DESIGNATED MEMBERS
The designated members during the period under review were:

Mr S S Chana
Mr W G P Eden
Mr J J Fitzhenry

RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS
The loss for the period before members' remuneration and profit shares was £533,858.

MEMBERS' INTERESTS
The members' drawing policy allows each member to draw a proportion of their profit share as and when profit is made, subject to the cash requirements of the business.

A member's capital requirement is linked to their share of profit/loss and the financing requirement of the limited liability partnership.There is no opportunity for appreciation of the capital subscribed. Just as incoming members introduce their capital at "par", so the retiring members are repaid their capital at "par".

ON BEHALF OF THE MEMBERS:





Mr J J Fitzhenry - Designated member


25 October 2023

Chartered Accountants' Report to the Members
on the Unaudited Financial Statements of
TKNVA Partners LLP


In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of TKNVA Partners LLP for the period ended 5 April 2023 which comprise the Income Statement, Balance Sheet and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the members of TKNVA Partners LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of TKNVA Partners LLP and state those matters that we have agreed to state to the members of TKNVA Partners LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than TKNVA Partners LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that TKNVA Partners LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of TKNVA Partners LLP. You consider that TKNVA Partners LLP is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of TKNVA Partners LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wright Vigar Limited
Chartered Accountants & Business Advisers
15 Newland
Lincoln
Lincolnshire
LN1 1XG


25 October 2023

TKNVA Partners LLP (Registered number: OC440307)

Income Statement
for the Period 13 December 2021 to 5 April 2023

£   

TURNOVER -

Administrative expenses 537,501
(537,501 )

Other operating income 3,643
OPERATING LOSS and
LOSS FOR THE FINANCIAL PERIOD
BEFORE MEMBERS' REMUNERATION AND
PROFIT SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS




(533,858




)

TKNVA Partners LLP (Registered number: OC440307)

Balance Sheet
5 April 2023

Notes £    £   
FIXED ASSETS
Intangible assets 4 156,594

CREDITORS
Amounts falling due within one year 5 5,000
NET CURRENT LIABILITIES (5,000 )
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

151,594

LOANS AND OTHER DEBTS DUE TO
MEMBERS

6

151,594

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 151,594

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 5 April 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 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 25 October 2023 and were signed by:




Mr W G P Eden - Designated member




Mr J J Fitzhenry - Designated member


TKNVA Partners LLP (Registered number: OC440307)

Notes to the Financial Statements
for the Period 13 December 2021 to 5 April 2023

1. STATUTORY INFORMATION

TKNVA Partners 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.

Intangible assets
Cryptocurrency is initially measured at cost and subsequently reported at fair value. Annually an impairment review is carried out to ensure the value is indicative of its current value.

3. EMPLOYEE INFORMATION

The average number of employees during the period was NIL.

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 4,715,181
Disposals (4,188,553 )
Impairments (370,034 )
At 5 April 2023 156,594
NET BOOK VALUE
At 5 April 2023 156,594

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 5,000

6. LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.