Acorah Software Products - Accounts Production 14.5.601 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 SO302421 Mrs Margaret Louise Janke Mr Martin Janse Van Rensburg iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SO302421 2022-07-31 SO302421 2023-07-31 SO302421 2022-08-01 2023-07-31 SO302421 frs-core:CurrentFinancialInstruments 2023-07-31 SO302421 frs-bus:LimitedLiabilityPartnershipLLP 2022-08-01 2023-07-31 SO302421 frs-bus:LimitedLiabilityPartnershipsSORP 2022-08-01 2023-07-31 SO302421 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 SO302421 frs-bus:SmallEntities 2022-08-01 2023-07-31 SO302421 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 SO302421 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 SO302421 frs-core:Non-currentFinancialInstruments 1 2023-07-31 SO302421 frs-countries:Scotland 2022-08-01 2023-07-31 SO302421 frs-bus:PartnerLLP1 2022-08-01 2023-07-31 SO302421 frs-bus:PartnerLLP2 2022-08-01 2023-07-31 SO302421 2021-07-31 SO302421 2022-07-31 SO302421 2021-08-01 2022-07-31 SO302421 frs-core:CurrentFinancialInstruments 2022-07-31 SO302421 frs-core:Non-currentFinancialInstruments 1 2022-07-31
Registered number: SO302421
ELLINGTON TRADING LLP
Unaudited Financial Statements
For The Year Ended 31 July 2023
.
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3
Page 1
Statement of Financial Position
Registered number: SO302421
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 3,310,721 3,310,721
Cash at bank and in hand 100 100
3,310,821 3,310,821
Creditors: Amounts Falling Due Within One Year 5 (1,365 ) (1,365 )
NET CURRENT ASSETS (LIABILITIES) 3,309,456 3,309,456
TOTAL ASSETS LESS CURRENT LIABILITIES 3,309,456 3,309,456
NET ASSETS ATTRIBUTABLE TO MEMBERS 3,309,456 3,309,456
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 3,309,356 3,309,356
3,309,356 3,309,356
Equity
Members' other interests
Members' capital 100 100
100 100
3,309,456 3,309,456
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 3,309,356 3,309,356
Members' other interests 100 100
3,309,456 3,309,456
Page 1
Page 2
For the year ending 31 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 applicable to LLPs subject to the small LLPs regime.)
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Income Statement.
On behalf of the members
Mrs Margaret Louise Janke
Designated Member
11/04/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
ELLINGTON TRADING LLP is a limited liability partnership, incorporated in Scotland, registered number SO302421 . The Registered Office is 9a Tinto Place, Edinburgh, EH6 5GD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
2.2. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2022: NIL)
- -
4. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 11,684 11,684
Other debtors 2,692,936 2,692,936
2,704,620 2,704,620
Due after more than one year
Loan 606,101 606,101
3,310,721 3,310,721
Loan represent:
£606,101 interest free loan was granted to Ruslan Timerbaev,  a citizen of Switzerland,  at 0% interest,  payable within 2 years.
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Accruals and deferred income 1,365 1,365
Page 3