Registered number
OC368890
Eurocom West LLP
Filleted Accounts
31 October 2023
Eurocom West LLP
Registered number: OC368890
Balance Sheet
as at 31 October 2023
Notes 2023 2022
£ £
Fixed assets
Investments 3 4,071,201 4,071,201
Current assets
Debtors 4 26,150,649 25,119,643
Cash at bank and in hand 5,898 520
26,156,547 25,120,163
Creditors: amounts falling due within one year 5 (31,749,505) (30,601,252)
Net current liabilities (5,592,958) (5,481,089)
Total assets less current liabilities (1,521,757) (1,409,888)
Net liabilities attributable to members (1,521,757) (1,409,888)
Represented by:
Loans and other debts due to members 6 1,000 1,000
Members' other interests
Other reserves (1,522,757) (1,410,888)
(1,521,757) (1,409,888)
Total members' interests
Loans and other debts due to members 6 1,000 1,000
Members' other interests (1,522,757) (1,410,888)
(1,521,757) (1,409,888)
For the year ended 31 October 2023 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to 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.
The accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
These accounts were approved by the members on 29 July 2024 and signed on their behalf by:
Pavel Belobrov
Designated member
Eurocom West LLP
Notes to the Accounts
for the year ended 31 October 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Members' capital
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2023 2022
Number Number
Average number of persons employed by the LLP 1 1
3 Fixed asset investments
Investments in
subsidiary
undertakings
£
Cost
At 1 November 2022 4,071,201
At 31 October 2023 4,071,201
4 Debtors 2023 2022
£ £
Trade debtors 26,150,649 25,119,643
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 31,801,521 30,601,252
Unrealised exchange difference reserve (52,016) -
31,749,505 30,601,252
6 Loans and other debts due to members 2023 2022
£ £
Members capital classified as debt 1,000 1,000
Amounts falling due within one year 1,000 1,000
Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.
7 Other information
Eurocom West LLP is a limited liability partnership incorporated in England. Its registered office is:
Langdale House
11 Marshalsea Road
London
SE1 1EN
Eurocom West LLP OC368890 false 2022-11-01 2023-10-31 2023-10-31 VT Final Accounts April 2024 Pavel Belobrov No description of principal activity OC368890 2021-11-01 2022-10-31 OC368890 core:WithinOneYear 2022-10-31 OC368890 1 2022-10-31 OC368890 core:RetainedEarningsAccumulatedLosses 2022-10-31 OC368890 2022-11-01 2023-10-31 OC368890 bus:LimitedLiabilityPartnershipLLP 2022-11-01 2023-10-31 OC368890 bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 OC368890 bus:PartnerLLP20 2022-11-01 2023-10-31 OC368890 1 2022-11-01 2023-10-31 OC368890 2 2022-11-01 2023-10-31 OC368890 4 2022-11-01 2023-10-31 OC368890 countries:England 2022-11-01 2023-10-31 OC368890 bus:FRS102 2022-11-01 2023-10-31 OC368890 bus:FilletedAccounts 2022-11-01 2023-10-31 OC368890 2023-10-31 OC368890 core:WithinOneYear 2023-10-31 OC368890 1 2023-10-31 OC368890 core:RetainedEarningsAccumulatedLosses 2023-10-31 OC368890 2022-10-31 iso4217:GBP xbrli:pure