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REGISTERED NUMBER: OC435367 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

INFINET FINANCIAL ADVISORY LLP

INFINET FINANCIAL ADVISORY LLP (REGISTERED NUMBER: OC435367)






Contents of the Financial Statements
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 3


INFINET FINANCIAL ADVISORY LLP

General Information
FOR THE YEAR ENDED 28 FEBRUARY 2023







DESIGNATED MEMBERS: Clara Futura Societa' Semplice
Infinet S.r.l.





REGISTERED OFFICE: 111 Park Street, Mayfair
London
W1K 7JF





REGISTERED NUMBER: OC435367 (England and Wales)





ACCOUNTANTS: A.C.T. London Limited
48 Dover Street
Mayfair, London
W1S 4FF

INFINET FINANCIAL ADVISORY LLP (REGISTERED NUMBER: OC435367)

Balance Sheet
28 FEBRUARY 2023

28.2.23 28.2.22
Notes £ £
CURRENT ASSETS
Debtors 4 10,468 9,148
Cash at bank 1,153 16,850
11,621 25,998
CREDITORS
Amounts falling due within one year 5 9,985 7,900
NET CURRENT ASSETS 1,636 18,098
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO MEMBERS 1,636 18,098

LOANS AND OTHER DEBTS DUE TO MEMBERS 6 1,536 17,998

MEMBERS' OTHER INTERESTS
Capital accounts 100 100
1,636 18,098

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 1,536 17,998
Members' other interests 100 100
Amounts due from members 4 (862 ) -
774 18,098

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 28 February 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 and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 14 February 2024 and were signed by:





Infinet S.r.l. - Designated member

INFINET FINANCIAL ADVISORY LLP (REGISTERED NUMBER: OC435367)

Notes to the Financial Statements
FOR THE YEAR ENDED 28 FEBRUARY 2023

1. STATUTORY INFORMATION

Infinet Financial Advisory 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2022 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£ £
Trade debtors 9,506 9,048
Other debtors 962 100
10,468 9,148

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£ £
Trade creditors 4,700 4,300
Other creditors 5,285 3,600
9,985 7,900

6. LOANS AND OTHER DEBTS DUE TO MEMBERS

Members' other interests and capital introduced by Members rank after unsecured creditors, and other loans and debts due to Members rank pari passu with unsecured creditors in the event of a winding up.