Silverfin false 31/03/2023 01/04/2022 31/03/2023 Taurus Capital (Dm) Limited 28/11/2016 Taurus (Dm) Limited 28/11/2016 23 November 2023 OC414825 2023-03-31 OC414825 bus:Director1 2023-03-31 OC414825 bus:Director2 2023-03-31 OC414825 2022-03-31 OC414825 core:CurrentFinancialInstruments 2023-03-31 OC414825 core:CurrentFinancialInstruments 2022-03-31 OC414825 core:CostValuation 2022-03-31 OC414825 core:CostValuation 2023-03-31 OC414825 core:ProvisionsForImpairmentInvestments 2022-03-31 OC414825 core:ProvisionsForImpairmentInvestments 2023-03-31 OC414825 2022-04-01 2023-03-31 OC414825 bus:FullAccounts 2022-04-01 2023-03-31 OC414825 bus:SmallEntities 2022-04-01 2023-03-31 OC414825 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 OC414825 bus:LimitedLiabilityPartnershipLLP 2022-04-01 2023-03-31 OC414825 bus:Director1 2022-04-01 2023-03-31 OC414825 bus:Director2 2022-04-01 2023-03-31 OC414825 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure

Company No: OC414825 (England and Wales)

CAPRA LLP

Unaudited Financial Statements
For the financial year ended 31 March 2023
Pages for filing with the registrar

CAPRA LLP

Unaudited Financial Statements

For the financial year ended 31 March 2023

Contents

CAPRA LLP

STATEMENT OF FINANCIAL POSITION

As at 31 March 2023
CAPRA LLP

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 March 2023
Note 31.03.2023 31.03.2022
£ £
Fixed assets
Investments 4 1,404,500 1,404,500
1,404,500 1,404,500
Current assets
Debtors 5 125,494 99,094
Cash at bank and in hand 6 515 318
126,009 99,412
Creditors: amounts falling due within one year 7 ( 75,575) ( 48,978)
Net current assets 50,434 50,434
Total assets less current liabilities 1,454,934 1,454,934
Net assets attributable to members 1,454,934 1,454,934
Represented by
Members' other interests
Members' capital classified as equity 1,454,934 1,454,934
1,454,934 1,454,934
1,454,934 1,454,934
Total members' interests
Amounts due from members (included in debtors) (112,494) (92,844)
Members' other interests 1,454,934 1,454,934
1,342,440 1,362,090

For the financial year ending 31 March 2023 the LLP 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.

Members' responsibilities:

The financial statements of Capra LLP (registered number: OC414825) were approved and authorised for issue by the Director on 23 November 2023. They were signed on its behalf by:

Taurus Capital (Dm) Limited
Designated member
CAPRA LLP

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
CAPRA LLP

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Capra LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales. The address of the LLP's registered office is 115 Eastbourne Mews, London, W2 6LQ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Limited Liability Partnerships Act 2000 as applicable to companies subject to the small companies regime and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships issued in December 2021 (SORP 2022).

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

The Company only enters into basic financial instruments and 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 and from related parties and investments in non-puttable ordinary shares.

2. Employees

31.03.2023 31.03.2022
Number Number
Monthly average number of persons employed by the LLP during the year 0 0

3. Members' remuneration

Profits are shared among the members in accordance with agreed profit sharing arrangements. Members are required to make their own provision for pensions from their profit shares.

31.03.2023 31.03.2022
Number Number
Average number of members during the financial year 9 9

4. Fixed asset investments

Other investments Total
£ £
Carrying value before impairment
At 01 April 2022 1,404,500 1,404,500
At 31 March 2023 1,404,500 1,404,500
Provisions for impairment
At 01 April 2022 0 0
At 31 March 2023 0 0
Carrying value at 31 March 2023 1,404,500 1,404,500
Carrying value at 31 March 2022 1,404,500 1,404,500

5. Debtors

31.03.2023 31.03.2022
£ £
Amounts owed by members 112,494 92,844
VAT recoverable 500 500
Other debtors 12,500 5,750
125,494 99,094

6. Cash and cash equivalents

31.03.2023 31.03.2022
£ £
Cash at bank and in hand 515 318

7. Creditors: amounts falling due within one year

31.03.2023 31.03.2022
£ £
Trade creditors 9,679 480
Accruals 2,500 5,500
Other creditors 63,396 42,998
75,575 48,978