Registered number: OC436918 | ||||||||
FOR THE YEAR ENDED 30/04/2024 | ||||||||
Prepared By: | ||||||||
Calculo Consultancy Ltd | ||||||||
3rd Floor, Office 5 | ||||||||
21 Knightsbridge | ||||||||
SW1X 7LY |
Fic Invest LLP | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/04/2024 | ||||||||
DESIGNATED MEMBERS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY NUMBER | ||||||||
ACCOUNTANTS | ||||||||
Calculo Consultancy Ltd | ||||||||
3rd Floor, Office 5 | ||||||||
21 Knightsbridge | ||||||||
SW1X 7LY |
Fic Invest LLP | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Report of the Members | 3 | |||||||
Profit and Loss Account | 4 | |||||||
Balance Sheet | 5 | |||||||
Notes to the Accounts | 6 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading and Profit and Loss Account | 9 | |||||||
Profit and Loss Account Summaries | 10 | |||||||
Capital Accounts | - | |||||||
Current Accounts | 10 | |||||||
Fic Invest LLP | ||||||||
MEMBERS' REPORT | ||||||||
FOR THE YEAR ENDED 30/04/2024 | ||||||||
The members present their report and accounts for the year ended 30/04/2024 | ||||||||
PRINCIPAL ACTIVITIES | ||||||||
The principal activity of the LLP in the year under review was Consultancy . | ||||||||
RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS | ||||||||
The profit for the year before members' remuneration and profit shares was £132,465 (2023 £(217,238)). | ||||||||
DRAWINGS POLICY | ||||||||
The LLP operates a drawings policy which has regard to a cautious estimate of expected profits. Drawings are restricted to prudent levels, taking into account working capital performance, until the results for the year and individual members' allocations have been determined. | ||||||||
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 as modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs. | ||||||||
This report was approved on behalf of the members on 30/07/2024 | ||||||||
Fabio Fichera | ||||||||
Designated member |
Fic Invest LLP | ||||||||
PROFIT AND LOSS ACCOUNT | ||||||||
FOR THE YEAR ENDED30/04/2024 | ||||||||
Notes | 2024 | 2023 | ||||||
£ | £ | |||||||
TURNOVER | 3 | 7,018,855 | - | |||||
Cost of sales | (6,185,104) | - | ||||||
GROSS PROFIT | 833,751 | - | ||||||
Administrative expenses | (701,286) | (217,238) | ||||||
OPERATING PROFIT / (LOSS) | 132,465 | (217,238) | ||||||
PROFIT / (LOSS) FOR THE FINANCIALYEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS | 132,465 | (217,238) | ||||||
Fic Invest LLP | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
CURRENT ASSETS | ||||||||||
Debtors | 6 | |||||||||
Cash at bank and in hand | ||||||||||
107,150 | 45,021 | |||||||||
CREDITORS: Amounts falling due within one year | 7 | |||||||||
NET CURRENT ASSETS | 20,054 | |||||||||
NET ASSETS ATTRIBUTABLE TO MEMBERS | 82,183 | 20,054 | ||||||||
LOANS AND OTHER DEBTS DUE TO MEMBERS | 8 | 82,183 | 20,054 | |||||||
MEMBERS ' OTHER INTERESTS | ||||||||||
82,183 | 20,054 | |||||||||
TOTAL MEMBERS' INTERESTS | ||||||||||
Loans and other debts due to members | 8 | 82,183 | 20,054 | |||||||
Amounts due from members | 6 | - | (209) | |||||||
82,183 | 19,845 | |||||||||
Approved by the members on | ||||||||||
............................. | ||||||||||
Designated Member | ||||||||||
Fic Invest LLP | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30/04/2024 | ||||||||||
1. ACCOUNTING POLICIES |
1b. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. |
1b. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. |
1c. Turnover | ||||||||
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. |
2. INFORMATION IN RELATION TO MEMBERS | 2024 | 2023 | ||||
The average number of members during the year was | 2 | 2 | ||||
3. TURNOVER | ||||||||
The turnover and pre-tax result is attributable to Consultancy. | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Sales | 7,018,855 | - | ||||||
7,018,855 | - | |||||||
Fic Invest LLP | ||||||||
4. OPERATING PROFIT | ||||||
2024 | 2023 | |||||
£ | £ | |||||
Operating Profit is stated after charging: | ||||||
5. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | - | |||||
6. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year: | ||||||||
Amounts due from members | - | 209 | ||||||
Other Debtors | 20,727 | - | ||||||
20,727 | 209 | |||||||
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Other creditors | 24,967 | 24,967 | ||||||
24,967 | 24,967 | |||||||
Fic Invest LLP | ||||||||
8. LOANS AND OTHER DEBTS DUE TO MEMBERS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts due to members | 82,183 | 20,054 | ||||||
The loans and debts due to members rank equally with debts due to ordinary creditors in a winding up. | ||||||||
9. MEMBERS INTERESTS | ||||||||||
Members' capital (classified as equity) | Reserves | Total | Loans and other debts due to/(from) members | Total | ||||||
£ | £ | £ | £ | £ | ||||||
Amount due to members | 20,054 | |||||||||
Amount due from members | (209) | |||||||||
Balance at 01/05/2023 | - | - | - | 19,845 | 19,845 | |||||
Profit for the financial year available for discretionary division among members | 132,465 | 132,465 | - | 132,465 | ||||||
Members' interests after profit for the year | - | 132,465 | 132,465 | 19,845 | 152,310 | |||||
Other divisions of profit | (132,465) | (132,465) | 132,465 | |||||||
Capital Introduced | 40,780 | 40,780 | ||||||||
Drawings | (110,907) | (110,907) | ||||||||
Amount due to members | 82,183 | |||||||||
Balance at 30/04/2024 | - | - | - | 82,183 | 82,183 | |||||
Fic Invest LLP | ||||||||
TRADING AND PROFIT AND LOSS ACCOUNT | ||||||||||
FOR THE YEAR ENDED 30/04/2024 | ||||||||||
2024 | 2023 | |||||||||
£ | £ | |||||||||
Turnover | 7,018,855 | - | ||||||||
Cost of Sales: | ||||||||||
Purchases | 6,185,104 | - | ||||||||
6,185,104 | - | |||||||||
Gross Profit | ||||||||||
833,751 | - | |||||||||
Less: | ||||||||||
Distribution costs | ||||||||||
Administrative expenses | ||||||||||
701,286 | 217,238 | |||||||||
Net profit / (loss) for the year before taxation | ( | |||||||||
Net profit / (loss) for the year after taxation | ( | |||||||||
Retained profits / (losses) carried forward | 132,465 | (217,238) | ||||||||
This page does not form part of the Company's Statutory Accounts and is prepared for the information of the Directors only. |
Fic Invest LLP | ||||||||
PROFIT AND LOSS ACCOUNT SUMMARIES | ||||||||||
FOR THE YEAR ENDED 30/04/2024 | ||||||||||
2024 | 2023 | |||||||||
£ | £ | |||||||||
Cost of sales - purchases: | ||||||||||
Purchases | 6,185,104 | - | ||||||||
6,185,104 | - | |||||||||
Distribution Costs: | ||||||||||
Travel | 621,186 | 952 | ||||||||
Car hire | 4,018 | - | ||||||||
Administrative Expenses: | ||||||||||
Heat and light | 227 | - | ||||||||
Rent | 37,545 | - | ||||||||
Computer costs | 15 | - | ||||||||
Miscellaneous motor expenses | 12,121 | - | ||||||||
Accountancy fees | 5,821 | - | ||||||||
Professional fees | 16,792 | 216,272 | ||||||||
Subscriptions | 136 | 14 | ||||||||
Bank charges | 225 | - | ||||||||
Sundry expenses | 3,200 | - | ||||||||
This page does not form part of the Company's Statutory Accounts and is prepared for the information of the Directors only. |
10. MEMBERS' CURRENT ACCOUNTS | ||||||
Fabio Fichera | Lucca Quirino Fichera | Total | ||||
£ | £ | £ | ||||
At 01/05/2023 | 20,054 | (209) | 19,845 | |||
Introductions | 40,780 | - | 40,780 | |||
Share of profit | 131,140 | 1,325 | 132,465 | |||
191,974 | 1,116 | 193,090 | ||||
Drawings | 109,798 | 1,109 | 110,907 | |||
At 30/04/2024 | 82,176 | 7 | 82,183 |