Alion Partners Capital LLP Filleted Accounts Cover
Alion Partners Capital LLP
Registered No. OC341155
Information for Filing with the Registrar
01 July 2023
Alion Partners Capital LLP Balance Sheet Registrar
at
1 July 2023
Registered No.
OC341155
Notes
2023
2022
£
£
Fixed assets
Tangible assets
5
-
-
Current assets
Debtors
6
1,000
1,000
Cash at bank and in hand
23,516
-
24,516
1,000
Creditors: Amounts falling due within one year
7
(1,950)
(2,588)
Net current assets/(liabilities)
22,566
(1,588)
Total assets less current liabilities
22,566
(1,588)
Net assets/(liabilities) attributable to members
22,566
(1,588)
Represented by:
Loans and other debts due to members
(30,122)
(55,602)
Members' other interests
Members' capital
70,858
70,858
Other reserves
(18,170)
(16,844)
52,688
54,014
22,566
(1,588)
These accounts have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
For the year ended 1 July 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) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the members have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the members on 07 February 2024
And signed on its behalf by designated member:
S. Carrasco
Designated member
07 February 2024
Alion Partners Capital LLP Notes to the Accounts Registrar
for the year ended 1 July 2023
1
General information
Its registered number is: OC341155
Its registered office is:
68a Vera Avenue
London
N21 1RR
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006 and in accordance with the Statement of Recommended Practice 'Accounting for Limited Liability Partnerships' issued in December 2018.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
Members' remuneration and division of profits
Remuneration is paid to certain members under a contract of employment and is included as an expense in the profit and loss account.

In addition, the LLP agreement provides that fixed amounts, determined for each member each year, be paid to members, irrespective of the profits of the LLP. These amounts are included within members' remuneration charged as an expense.

Profits are treated as being available for discretionary division only if the the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Once agreement has been reached to divide the profits, a members' share in the profit or loss for the year is accounted for as an allocation of profits. Unallocated profits and losses remain included within 'other reserves'.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Furniture, fittings and equipment
25% Straight line
Research and development costs
Expenditure on research and development is written off in the year it is incurred unless it meets the criteria to allow it to be capitalised. Costs of research are always written off in the year in which they are incurred. Where development costs are recognised as an asset, they are amortised over the period expected to benefit from them. Amortisation of the capitalised costs begins once the developed product comes into use, typically at rate of 33.33% straight line.
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.
Trade and other 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.
Provisions
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the balance sheet.
Members' Interests
Members' interests are classified as either equity or debt.

Equity interests comprise any capital introduced classified as equity, any unallocated profits, any revaluation reserve and any other reserves.

Loans and other debts due to members comprise any capital introduced but classified as a liability, any loans from members, amounts due to members in respect of allocated profits less drawings and any other amounts that the LLP is contractually obliged to repay to members.
Foreign currencies
The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.
Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.
Taxation
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
3
Information in relation to members
2023
2022
Number
Number
The average number of members during the year :
2
2
4
Employees
2023
2022
Number
Number
The average number of persons employed during the year was:
0
0
5
Tangible fixed assets
Fixtures, fittings and equipment
Total
£
£
Cost
At 2 July 2022
15,23615,236
At 1 July 2023
15,23615,236
Depreciation
At 2 July 2022
15,23615,236
At 1 July 2023
15,23615,236
6
Debtors
2023
2022
£
£
Other debtors
1,0001,000
1,0001,000
Amounts included within Other debtors that fall due after more than one year
2,0232,022
7
Creditors:
amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
-8
Other creditors
1,5001,500
Accruals and deferred income
4501,080
1,9502,588
8
Loans and other debts due to members
2023
2022
£
£
Loans from members
(18,653)
(27,289)
Amounts due to members in respect of profits
(28,313)
(28,313)
(46,966)
(55,602)
Amounts falling due within one year
(46,966)
-
(46,966)
(55,602)
Alion Partners Capital LLPOC34115501 July 202302 July 2022false07 February 2024BTCSoftware AP Solution 2023 10.1.0210.1.02OC3411552022-07-022023-07-01OC3411552023-07-01OC341155bus:RegisteredOffice2022-07-022023-07-01OC341155core:FurnitureFittingsToolsEquipment2022-07-022023-07-01OC3411552021-04-302022-07-01OC341155core:FurnitureFittingsToolsEquipment2022-07-02OC3411552022-07-02OC341155core:FurnitureFittingsToolsEquipment2023-07-01OC3411552022-07-01OC341155core:AfterOneYear2023-07-01OC341155core:AfterOneYear2022-07-01OC341155core:WithinOneYear2023-07-01OC341155core:WithinOneYear2022-07-01OC341155bus:SmallEntities2022-07-022023-07-01OC341155bus:FullAccounts2022-07-022023-07-01OC341155bus:AuditExempt-NoAccountantsReport2022-07-022023-07-01OC341155bus:PartnerLLP12022-07-022023-07-01OC341155bus:LimitedLiabilityPartnershipLLP2022-07-022023-07-01xbrli:pureiso4217:GBP