Caseware UK (AP4) 2023.0.135 2023.0.135 2023-04-052023-04-0552022-04-06No description of principal activitytruefalse5true OC415210 2022-04-06 2023-04-05 OC415210 2021-04-06 2022-04-05 OC415210 2023-04-05 OC415210 2022-04-05 OC415210 c:CurrentFinancialInstruments 2023-04-05 OC415210 c:CurrentFinancialInstruments 2022-04-05 OC415210 c:CurrentFinancialInstruments 2 2023-04-05 OC415210 c:CurrentFinancialInstruments 2 2022-04-05 OC415210 e:EntityHasNeverTraded 2022-04-06 2023-04-05 OC415210 e:FRS102 2022-04-06 2023-04-05 OC415210 e:AuditExempt-NoAccountantsReport 2022-04-06 2023-04-05 OC415210 e:FullAccounts 2022-04-06 2023-04-05 OC415210 e:LimitedLiabilityPartnershipLLP 2022-04-06 2023-04-05 OC415210 e:PartnerLLP1 2022-04-06 2023-04-05 OC415210 c:OtherCapitalInstrumentsClassifiedAsEquity 2023-04-05 OC415210 c:OtherCapitalInstrumentsClassifiedAsEquity 2022-04-05 iso4217:GBP xbrli:pure
Registered number: OC415210














ELM CAPITAL LLP
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 5 APRIL 2023

 
ELM CAPITAL LLP
 

CONTENTS



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


 
ELM CAPITAL LLP
REGISTERED NUMBER:OC415210

STATEMENT OF FINANCIAL POSITION
AS AT 5 APRIL 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
1,000
1,000

  

Net assets
  
1,000
1,000


Represented by:
  

Loans and other debts due to members within one year
  

Members' other interests
  

Members' capital classified as equity
  
1,000
1,000

  
1,000
1,000


  

Amounts due from members (included in debtors)
 4 
(1,000)
(1,000)

Members' other interests
  
1,000
1,000

  
-
-


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 480 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 5 February 2024.



E Deshormes
Designated member

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
ELM CAPITAL LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023

1.


General information

Elm Capital LLP is a Limited liability partnership incorporated and domiciled in England and Wales, with its registered office address at 11a Regent Street, London, SW1Y 4LR. 
The principal object of the LLP is to provide management services to Elm Capital Holding Limited.

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".

 
2.2

Turnover

Turnover is measured at the fair value of amounts receivable in respect of services provided in the year, net of trade discounts and excluding value added tax. 
Management fees are recognised in the period in which the services were performed. 

 
2.3

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense in .

 
2.4

Basic financial instruments

The LLP only enters into transactions that result in basic financial instruments such as trade & other debtors, trade & other creditors, cash at bank & in hand and loans to & from related parties.
Other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Other creditors and loans from related parties are recognised initially at 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 trade and other debtors, and loans to related parties.


3.


Employees

The average monthly number of employees, including directors, during the year was 5 (2022 -5).

Page 2

 
ELM CAPITAL LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023

4.


Debtors

2023
2022
£
£


Amounts due from members
1,000
1,000


 
Page 3