Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31true2023-01-01true0The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseProvision of research, analysis and management services0 OC362400 2023-01-01 2023-12-31 OC362400 2022-01-01 2022-12-31 OC362400 2023-12-31 OC362400 2022-12-31 OC362400 c:CurrentFinancialInstruments 2023-12-31 OC362400 c:CurrentFinancialInstruments 2022-12-31 OC362400 c:CurrentFinancialInstruments 2 2023-12-31 OC362400 c:CurrentFinancialInstruments 2 2022-12-31 OC362400 c:CurrentFinancialInstruments c:WithinOneYear 2023-12-31 OC362400 c:CurrentFinancialInstruments c:WithinOneYear 2022-12-31 OC362400 e:FRS102 2023-01-01 2023-12-31 OC362400 e:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 OC362400 e:FullAccounts 2023-01-01 2023-12-31 OC362400 e:LimitedLiabilityPartnershipLLP 2023-01-01 2023-12-31 OC362400 e:PartnerLLP1 2023-01-01 2023-12-31 OC362400 c:OtherCapitalInstrumentsClassifiedAsEquity 2023-12-31 OC362400 c:OtherCapitalInstrumentsClassifiedAsEquity 2022-12-31 OC362400 c:FurtherSpecificReserve2ComponentTotalEquity 2023-12-31 OC362400 c:FurtherSpecificReserve2ComponentTotalEquity 2022-12-31 iso4217:GBP xbrli:pure
Registered number: OC362400














WORLDVIEW CAPITAL MANAGEMENT LLP
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

 
WORLDVIEW CAPITAL MANAGEMENT LLP
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 5


 
WORLDVIEW CAPITAL MANAGEMENT LLP
REGISTERED NUMBER:OC362400

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
523,948
323,784

Cash at bank and in hand
  
50,034
161,604

  
573,982
485,388

Creditors: Amounts Falling Due Within One Year
 5 
(5,719)
(5,713)

Net current assets
  
 
 
568,263
 
 
479,675

Total assets less current liabilities
  
568,263
479,675

  

Net assets
  
568,263
479,675


Represented by:
  

Loans and other debts due to members within one year
  

Members' other interests
  

Members' capital classified as equity
  
160,000
160,000

Other reserves classified as equity
  
408,263
319,675

  
568,263
479,675


Total members' interests
  

Amounts due from members (included in debtors)
 4 
(81,906)
(9,695)

Members' other interests
  
568,263
479,675

  
486,357
469,980


Page 1

 
WORLDVIEW CAPITAL MANAGEMENT LLP
REGISTERED NUMBER:OC362400
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 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 statement of comprehensive income 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 on 18 April 2024.




A Moskov
Designated member

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
WORLDVIEW CAPITAL MANAGEMENT LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Worldview Capital Management LLP is a Limited Liability Partnership (LLP) registered in England & Wales, with its registered office address at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire WD6 1JD. The principal place of business is Michelin House, 81 Fulham Road, London SW3 6RD.
The principal activity of the LLP is the provision of research, analysis and management services.

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

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the LLP and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable.
Turnover comprises revenue recognised by the LLP in respect of management charges and advisory services supplied during the year. Income from management charges in respect of the recharges costs are recognised when the costs are incurred by the LLP. Income from advisory fees is recognised when the advisory service is provided. 

 
2.3

Taxation

No provision for taxation has been made in the financial statements. Each member is exclusively liable for any tax liabilities arising out of their interest in the LLP, which will be assessed on the individual members and not the LLP.

Page 3

 
WORLDVIEW CAPITAL MANAGEMENT LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.4

Basic financial instruments

The LLP only enters into transactions that result in basic financial assets and basic financial liabilities. Basic financial assets, such as trade and other debtors, are recognised initially at the transaction price less attributable transaction costs. Basic financial liabilities, such as trade and other creditors, are recognised initially at the transaction price plus attributable transaction costs. Subsequently, they are measured at amortised cost using the effective interest method, less any impairment losses in the case of basic financial assets.
Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.
Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Employees

The entity has no employees.


4.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
436,998
313,491

Other debtors
4,895
-

Prepayments and accrued income
149
598

Amounts due from members
81,906
9,695

523,948
323,784



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Accruals and deferred income
5,719
5,713

5,719
5,713


Page 4

 
WORLDVIEW CAPITAL MANAGEMENT LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Controlling party

The LLP's immediate parent undertaking is Worldview Capital Services Limited, a company incorporated in England and Wales, with its registered office address at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire WD6 1JD.
The LLP's ultimate parent undertaking is Worldview International Management Limited SEZC, a company registered in the Cayman Islands.

 
Page 5