1 November 2022 false No description of principal activity Taxfiler 2024.4 OC396126business:LimitedLiabilityPartnershipLLP2022-11-012023-10-31 OC3961262022-10-31 OC3961262022-11-012023-10-31 OC396126business:AuditExempt-NoAccountantsReport2022-11-012023-10-31 OC396126business:FullAccounts2022-11-012023-10-31 OC3961262023-10-31 OC396126business:PartnerLLP12022-11-012023-10-31 OC396126business:PartnerLLP22022-11-012023-10-31 OC396126business:RegisteredOffice2022-11-012023-10-31 OC3961262022-10-31 OC396126core:WithinOneYear2023-10-31 OC396126core:WithinOneYear2022-10-31 OC396126core:ShareCapital2023-10-31 OC396126core:ShareCapital2022-10-31 OC396126core:RetainedEarningsAccumulatedLosses2023-10-31 OC396126core:RetainedEarningsAccumulatedLosses2022-10-31 OC396126business:SmallEntities2022-11-012023-10-31 OC396126countries:EnglandWales2022-11-012023-10-31 OC396126core:IntangibleAssetsOtherThanGoodwill2022-10-31 OC396126core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-31 OC396126core:IntangibleAssetsOtherThanGoodwill2023-10-31 OC396126core:MotorVehicles2022-10-31 OC396126core:MotorVehicles2022-11-012023-10-31 OC396126core:MotorVehicles2023-10-31 OC3961262021-11-012022-10-31 iso4217:GBP xbrli:pure
Registered No. OC396126 (England and Wales)
Lugano Wealth Management Llp Unaudited accounts for the year ended 31 October 2023
Lugano Wealth Management Llp LLP Information for the year ended 31 October 2023
Designated members
ALLPA GROUP LIMITED
KANTELI CORPORATION
Registered Number
OC396126 (England and Wales)
Registered Office
41 Devonshire Street London W1G 7AJ England
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Lugano Wealth Management Llp Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
241,375 
- 
Tangible assets
383,132 
- 
624,507 
- 
Current assets
Inventories
256,569 
- 
Cash at bank and in hand
5,909 
5,295 
262,478 
5,295 
Creditors: amounts falling due within one year
(750)
(750)
Net current assets
261,728 
4,545 
Net assets attributable to members
886,235 
4,545 
Represented by:
Loans and other debts due to members
881,690 
Members' other interests
Members' capital classified as equity
900 
900 
Other reserves
3,645 
3,645 
4,545 
4,545 
886,235 
4,545 
Total members' interests
Loans and other debts due to members
881,690 
Members' other interests
4,545 
4,545 
886,235 
4,545 
For the year ending 31 October 2023 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small 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.
These 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.
Approved by the members on 31 July 2024.
ALLPA GROUP LIMITED Designated member Limited Liability Partnership Registration No. OC396126
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Lugano Wealth Management 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.
Presentation currency
The accounts are presented in £ sterling.
2
Statutory information
Lugano Wealth Management Llp is a limited liability partnership, incorporated in England and Wales, registration number OC396126. Its registered office is 41 Devonshire Street, London, W1G 7AJ, England.
3
Intangible fixed assets
Other 
£ 
Cost
At 1 November 2022
- 
Additions
241,375 
At 31 October 2023
241,375 
Amortisation
At 1 November 2022
- 
At 31 October 2023
- 
Net book value
At 31 October 2023
241,375 
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 November 2022
- 
Additions
383,132 
At 31 October 2023
383,132 
Depreciation
At 31 October 2023
- 
Net book value
At 31 October 2023
383,132 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
750 
750 
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Lugano Wealth Management Llp Notes to the Accounts for the year ended 31 October 2023
6
Loans and other debts due to members
2023 
2022 
£ 
£ 
Amounts due to members in respect of profits
881,690 
Amounts falling due within one year
881,690 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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