Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31false2No description of principal activityfalse2022-04-012trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. OC421798 2022-04-01 2023-03-31 OC421798 2021-04-01 2022-03-31 OC421798 2023-03-31 OC421798 2022-03-31 OC421798 c:CurrentFinancialInstruments 2023-03-31 OC421798 c:CurrentFinancialInstruments 2022-03-31 OC421798 c:CurrentFinancialInstruments c:WithinOneYear 2023-03-31 OC421798 c:CurrentFinancialInstruments c:WithinOneYear 2022-03-31 OC421798 d:FRS102 2022-04-01 2023-03-31 OC421798 d:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 OC421798 d:FullAccounts 2022-04-01 2023-03-31 OC421798 d:LimitedLiabilityPartnershipLLP 2022-04-01 2023-03-31 OC421798 d:PartnerLLP1 2022-04-01 2023-03-31 OC421798 c:FurtherSpecificReserve3ComponentTotalEquity 2023-03-31 OC421798 c:FurtherSpecificReserve3ComponentTotalEquity 2022-03-31 iso4217:GBP xbrli:pure

Registered number: OC421798









GIRAFFE CAPITAL LLP







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
GIRAFFE CAPITAL LLP
REGISTERED NUMBER: OC421798

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
24,008
24,332

Cash at bank and in hand
  
104,442
173,149

  
128,450
197,481

Creditors: Amounts Falling Due Within One Year
 5 
(2,078)
(2,434)

Net current assets
  
 
 
126,372
 
 
195,047

Total assets less current liabilities
  
126,372
195,047

  

Net assets
  
126,372
195,047


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 6 
126,372
195,047

  
126,372
195,047

  

  
126,372
195,047


Total members' interests
  

Loans and other debts due to members
 6 
126,372
195,047

  
126,372
195,047


Page 1

 
GIRAFFE CAPITAL LLP
REGISTERED NUMBER: OC421798
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 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 by: 



................................................
M C H Westerman
Designated member
Date: 26 January 2024

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

Giraffe Capital LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of Changes in Equity.

Page 2

 
GIRAFFE CAPITAL LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

The principal activity of Giraffe Capital LLP is to provide consultancy services to corporate entities and individuals.
The entity is a limited liability partnership and is incorporated in England and Wales. 
 The registered office address is Stonecross, Trumpington High Street, Cambridge, CB2 9SU.

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

Revenue

Revenue 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. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the LLP will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
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 discretionarily. Discretionary divisions of profits are recognised as amounts due to members, although may be used to offset amounts which have been drawn by members, which are recognised as loan assets repayable.

Page 3

 
GIRAFFE CAPITAL LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.4

Financial instruments

The LLP only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The LLP has two designated members and zero employees for the current and prior periods.


4.


Debtors

2023
2022
£
£


Other debtors
8
333

Prepayments and accrued income
24,000
24,000

24,008
24,333



5.


Creditors: amounts falling due within one year

2023
2022
£
£

Accruals and deferred income
2,078
2,434

2,078
2,434


Page 4

 
GIRAFFE CAPITAL LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

6.


Loans and other debts due to members


2023
2022
£
£



Other amounts due to members
(126,372)
(195,047)

(126,372)
(195,047)

Loans and other debts due to members may be further analysed as follows:

2023
2022
£
£



Falling due within one year
(126,372)
(195,047)

(126,372)
(195,047)

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.

 
Page 5