Vecta Risk Partners LLP Filleted Accounts Cover |
Registered No. OC413064 | |||||||||
Vecta Risk Partners LLP Balance Sheet Registrar |
at | ||||||||||
Registered No. | Notes | 2023 | 2022 | |||||||
£ | £ | |||||||||
Fixed assets | ||||||||||
Tangible assets | 5 | 2,706 | 3,383 | |||||||
2,706 | 3,383 | |||||||||
Current assets | ||||||||||
Cash at bank and in hand | 12,123 | 7,104 | ||||||||
12,123 | 7,104 | |||||||||
Creditors: Amounts falling due within one year | 6 | (6) | (175) | |||||||
Net current assets | 12,117 | 6,929 | ||||||||
Total assets less current liabilities | 14,823 | 10,312 | ||||||||
Net assets attributable to members | 14,823 | 10,312 | ||||||||
Represented by: | ||||||||||
Members' other interests | ||||||||||
Other reserves | 14,823 | 10,312 | ||||||||
14,823 | 10,312 | |||||||||
14,823 | 10,312 | |||||||||
As permitted by section 444 (5A)of the Companies Act 2006 the members have not delivered to the Registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the members on 08 April 2024 and signed on its behalf by: | ||||||||||
V.B. Townend | ||||||||||
Designated member | ||||||||||
08 April 2024 |
Vecta Risk Partners LLP Notes to the Accounts Registrar |
for the year ended 31 December 2023 | ||||||||||||||||
1 | General information | |||||||||||||||
Vecta Risk Partners LLP is a limited liability partnership and incorporated in England and Wales. | ||||||||||||||||
Its registered number is: OC413064 | ||||||||||||||||
Its registered office is: | ||||||||||||||||
2 | Accounting policies |
Members' remuneration and division of profits | ||||||||||||||||
Remuneration is paid to certain members under a contract of employment and is included as an expense in the profit and loss account. In addition, the LLP agreement provides that fixed amounts, determined for each member each year, be paid to members, irrespective of the profits of the LLP. These amounts are included within members' remuneration charged as an expense. Profits are treated as being available for discretionary division only if the the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Once agreement has been reached to divide the profits, a members' share in the profit or loss for the year is accounted for as an allocation of profits. Unallocated profits and losses remain included within 'other reserves'. | ||||||||||||||||
Tangible fixed assets and depreciation | ||||||||||||||||
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. | ||||||||||||||||
Furniture, fittings and equipment | ||||||||||||||||
Foreign currencies | ||||||||||||||||
Taxation | ||||||||||||||||
3 | Information in relation to members | |||||||||||||||
2023 | 2022 | |||||||||||||||
Number | Number | |||||||||||||||
The average number of members during the year : | 3 | 3 | ||||||||||||||
2023 | 2022 | |||||||||||||||
£ | £ | |||||||||||||||
Salaries | - | 84,000 | ||||||||||||||
- | 84,000 | |||||||||||||||
4 | Employees | |||||||||||||||
2023 | 2022 | |||||||||||||||
Number | Number | |||||||||||||||
The average number of persons employed during the year was: | ||||||||||||||||
5 | Tangible fixed assets | |||||||||||||||
Fixtures, fittings and equipment | Total | |||||||||||||||
£ | £ | |||||||||||||||
Cost | ||||||||||||||||
At 1 January 2023 | ||||||||||||||||
At 31 December 2023 | ||||||||||||||||
Depreciation | ||||||||||||||||
At 1 January 2023 | ||||||||||||||||
Charge for the year | ||||||||||||||||
At 31 December 2023 | ||||||||||||||||
Net book values | ||||||||||||||||
At 31 December 2023 | ||||||||||||||||
At 31 December 2022 | ||||||||||||||||
6 | Creditors: | |||||||||||||||
amounts falling due within one year | ||||||||||||||||
2023 | 2022 | |||||||||||||||
£ | £ | |||||||||||||||
Bank loans and overdrafts | ||||||||||||||||
Trade creditors | ||||||||||||||||