Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31falsetrue22022-08-23The principal activity of the company during the period was that of an advisory company.trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. OC443613 2022-08-22 OC443613 2022-08-23 2023-12-31 OC443613 2021-08-23 2022-08-22 OC443613 2023-12-31 OC443613 c:CurrentFinancialInstruments 2023-12-31 OC443613 c:CurrentFinancialInstruments 2 2023-12-31 OC443613 c:CurrentFinancialInstruments c:WithinOneYear 2023-12-31 OC443613 e:FRS102 2022-08-23 2023-12-31 OC443613 e:AuditExempt-NoAccountantsReport 2022-08-23 2023-12-31 OC443613 e:FullAccounts 2022-08-23 2023-12-31 OC443613 e:LimitedLiabilityPartnershipLLP 2022-08-23 2023-12-31 OC443613 e:PartnerLLP1 2022-08-23 2023-12-31 OC443613 e:PartnerLLP2 2022-08-23 2023-12-31 OC443613 c:OtherCapitalInstrumentsClassifiedAsEquity 2023-12-31 OC443613 c:FurtherSpecificReserve2ComponentTotalEquity 2023-12-31 OC443613 f:PoundSterling 2022-08-23 2023-12-31 iso4217:GBP xbrli:pure

Registered number: OC443613









EQUATOR AFRICA UK LLP







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2023

 
EQUATOR AFRICA UK LLP
 

INFORMATION



Designated Members
P Gutman (appointed 23 August 2022)
N Jamal (appointed 23 August 2022)

LLP registered number
OC443613

Registered office
83 Baker Street
London
W1U 6AG

Accountants
Rawlinson & Hunter LLP
Chartered Accountants
Eighth Floor
6 New Street Square
New Fetter Lane
London
EC4A 3AQ


 
EQUATOR AFRICA UK LLP
 

CONTENTS



Page
Balance Sheet
1 - 2
Reconciliation of Members' Interests
3
Notes to the Financial Statements
4 - 5


 
EQUATOR AFRICA UK LLP
REGISTERED NUMBER: OC443613

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
100

  
100

Creditors: Amounts Falling Due Within One Year
 5 
(3,600)

Net current (liabilities)
  
 
 
(3,500)

Total assets less current liabilities
  
(3,500)

  

Net (liabilities)
  
(3,500)


Represented by:
  

Loans and other debts due to members within one year
  

Members' other interests
  

Members' capital classified as equity
  
100

Other reserves classified as equity
  
(3,600)

  
 
(3,500)

  
(3,500)


Total members' interests
  

Amounts due from members (included in debtors)
 4 
(100)

Members' other interests
  
(3,500)

  
(3,600)


Page 1

 
EQUATOR AFRICA UK LLP
REGISTERED NUMBER: OC443613
    
BALANCE SHEET (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 profit and loss account 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: 


N Jamal
Designated member
Date: 14 August 2024

The notes on pages 4 to 5 form part of these financial statements.

Page 2

 
EQUATOR AFRICA UK LLP
 

RECONCILIATION OF MEMBERS' INTERESTS
FOR THE PERIOD ENDED 31 DECEMBER 2023







EQUITY
Members' other interests
DEBT
Loans and other debts due to members less any amounts due from members in debtors
Total members' interests
Members' capital (classified as equity)
Other reserves
Total
Other amounts
Total
Total

£
£
£
£
£
£

Balance at 22 August 2022
-
-
-
-
-
-

Loss for the period available for discretionary division among members
 
-
(3,600)
(3,600)
-
-
(3,600)

Members' interests after profit for the period
-
(3,600)
(3,600)
-
-
(3,600)

Amounts introduced by members
100
-
100
(100)
(100)
-

Amounts due from members
 



(100)
(100)


Balance at 31 December 2023 
100
(3,600)
(3,500)
(100)
(100)
(3,600)

There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests.

Page 3

 
EQUATOR AFRICA UK LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

Equator Africa UK LLP is a Limited Liability Partnership incorporated in England & Wales with registration number OC443613. The registered office is 83 Baker Street, London, United Kingdom, W1U 6AG. 

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

Going concern

The financial statements have been prepared on a going concern basis which assumed that the LLP will continue in operational existence for the foreseeable future. 
The members confirm that they will provide such financial support as is necessary for the LLP to meet its liabilities as they fall due and continue in operation for a period of at least 12 months from the date of signing of the financial statements.

 
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

Profits of the LLP which are not yet divided among the members are shown under 'Other reserves' on the Balance Sheet, pending a discretionary decision to divide the profits.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
EQUATOR AFRICA UK LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.6

Financial instruments

The LLP has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The LLP's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

  
2.7

Taxation

In accordance with Section 10 of the Limited Liability Partnership Act 2000, any trade, profession or business carried on by the LLP is treated as though that business were carried on in partnership by its members. Accordingly, any liability to taxation is that of the members themselves and not of the LLP. Thus there is no provision for taxation in these financial statements.


3.


Employees

The average monthly number of employees, including members, during the period was 2.


4.


Debtors

2023
£


Amounts due from members
100



5.


Creditors: Amounts falling due within one year

2023
£

Accruals and deferred income
3,600


 
Page 5