Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-28truetrue22022-03-01falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.to provide consultancy services2 OC430722 2022-03-01 2023-02-28 OC430722 2021-03-01 2022-02-28 OC430722 2023-02-28 OC430722 2022-02-28 OC430722 c:CurrentFinancialInstruments 2023-02-28 OC430722 c:CurrentFinancialInstruments 2022-02-28 OC430722 c:CurrentFinancialInstruments c:WithinOneYear 2023-02-28 OC430722 c:CurrentFinancialInstruments c:WithinOneYear 2022-02-28 OC430722 d:FRS102 2022-03-01 2023-02-28 OC430722 d:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 OC430722 d:FullAccounts 2022-03-01 2023-02-28 OC430722 d:LimitedLiabilityPartnershipLLP 2022-03-01 2023-02-28 OC430722 d:PartnerLLP2 2022-03-01 2023-02-28 OC430722 c:FurtherSpecificReserve2ComponentTotalEquity 2023-02-28 OC430722 c:FurtherSpecificReserve2ComponentTotalEquity 2022-02-28 OC430722 c:FurtherSpecificReserve3ComponentTotalEquity 2023-02-28 OC430722 c:FurtherSpecificReserve3ComponentTotalEquity 2022-02-28 iso4217:GBP xbrli:pure

Registered number: OC430722









POWERING AFRICA RECHARGING CONSERVATION MANAGEMENT LLP







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2023

 
POWERING AFRICA RECHARGING CONSERVATION MANAGEMENT LLP
 

CONTENTS



Page
Balance Sheet
 
1 - 2
Reconciliation of Members' Interests
 
3
Notes to the Financial Statements
 
4 - 5


 
POWERING AFRICA RECHARGING CONSERVATION MANAGEMENT LLP
REGISTERED NUMBER: OC430722

BALANCE SHEET
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
-
5,742

Cash at bank and in hand
 5 
2,948
25

  
2,948
5,767

Creditors: Amounts Falling Due Within One Year
 6 
(10,204)
(11,418)

Net current liabilities
  
 
 
(7,256)
 
 
(5,651)

Total assets less current liabilities
  
(7,256)
(5,651)

  

Net liabilities
  
(7,256)
(5,651)


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 7 
810,027
537,597

  
810,027
537,597

Members' other interests
  

Other reserves classified as equity
  
(817,283)
(543,248)

  
 
(817,283)
 
(543,248)

  
(7,256)
(5,651)


Total members' interests
  

Loans and other debts due to members
 7 
810,027
537,597

Members' other interests
  
(817,283)
(543,248)

  
(7,256)
(5,651)


Page 1

 
POWERING AFRICA RECHARGING CONSERVATION MANAGEMENT LLP
REGISTERED NUMBER: OC430722
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2023

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

The entity 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.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

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

The entity has opted not to file the profit and loss account in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf by: 




G W Bechtolsheimer
Designated member

Date: 28 November 2023

The notes on pages 4 to 5 form part of these financial statements.

Page 2

 
POWERING AFRICA RECHARGING CONSERVATION MANAGEMENT LLP
 

RECONCILIATION OF MEMBERS' INTERESTS
FOR THE YEAR ENDED 28 FEBRUARY 2023






EQUITY
Members' other interests
DEBT
Loans and other debts due to members less any amounts due from members in debtors
Total members' interests
Other reserves
Total
Other amounts
Total
Total

£
£
£
£
£

Amounts due to members 
217,231
217,231


Balance at 1 March 2021 
(225,631)
(225,631)
217,231
217,231
(8,400)

Loss for the year available for discretionary division among members
 
(317,617)
(317,617)
-
-
(317,617)

Members' interests after loss for the period
(543,248)
(543,248)
217,231
217,231
(326,017)

Amounts introduced by members
-
-
320,366
320,366
320,366

Amounts due to members
 


537,597
537,597


Balance at 28 February 2022
(543,248)
(543,248)
537,597
537,597
(5,651)

Loss for the year available for discretionary division among members
 
(274,035)
(274,035)
-
-
(274,035)

Members' interests after loss for the year
(817,283)
(817,283)
537,597
537,597
(279,686)

Amounts introduced by members
-
-
272,430
272,430
272,430

Amounts due to members
 


810,027
810,027


Balance at 28 February 2023 
(817,283)
(817,283)
810,027
810,027
(7,256)

There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests.

Page 3

 
POWERING AFRICA RECHARGING CONSERVATION MANAGEMENT LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

Powering Africa Recharging Conservation Management LLP is a Limited Liability Partnership, incorporated in England and Wales with an LLP registration number of OC430722. The registered office is 9 Campden Hill Square, London, W8 7LB.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships".

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis which assumes that the LLP will continue in operational existence for the foreseeable future. Having considered the contingency plans in place and having reviewed updated cashflow forecasts, the members consider the adoption of the going concern basis in preparing these financial statements is appropriate.
After reviewing the working capital requirements of the LLP, the members have agreed to provide such support to the LLP as is necessary for it to meet its liabilities for a period of at least twelve months from the date of signing of these financial statements.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.6

Financial instruments

The LLP 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.

Page 4

 
POWERING AFRICA RECHARGING CONSERVATION MANAGEMENT LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

3.


Employees

The average monthly number of employees, including members, during the year was 2 (2022 - 2).


4.


Debtors

2023
2022
£
£


Prepayments and accrued income
-
5,742



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
2,948
25



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Accruals and deferred income
10,204
11,418



7.


Loans and other debts due to members


2023
2022
£
£



Other amounts due to members
(810,027)
(537,597)

Loans and other debts due to members may be further analysed as follows:

2023
2022
£
£



Falling due after more that one year
810,027
537,597

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.

 
Page 5