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REGISTERED NUMBER: OC425038 (England and Wales)















Unaudited Financial Statements

for the Period 1 January 2024 to 31 March 2024

for

Averna LLP

Averna LLP (Registered number: OC425038)






Contents of the Financial Statements
for the Period 1 January 2024 to 31 March 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Averna LLP

General Information
for the Period 1 January 2024 to 31 March 2024







DESIGNATED MEMBERS: Mr S N Green
Mr R L Tudor
Mr P N Harant





REGISTERED OFFICE: 13 Tedworth Square
London
SW3 4DU





REGISTERED NUMBER: OC425038 (England and Wales)





ACCOUNTANTS: McCabe Ford Williams
Bank Chambers
61 High Street
Cranbrook
Kent
TN17 3EG

Averna LLP (Registered number: OC425038)

Balance Sheet
31 March 2024

31.3.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 116 140

CURRENT ASSETS
Debtors 5 119,945 126,002
Cash at bank 674,704 1,150,619
794,649 1,276,621
CREDITORS
Amounts falling due within one year 6 131,248 135,966
NET CURRENT ASSETS 663,401 1,140,655
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

663,517

1,140,795

LOANS AND OTHER DEBTS DUE
TO MEMBERS

7

663,517

1,140,795

TOTAL MEMBERS' INTERESTS
Loans and other debts due to
members

7

663,517

1,140,795

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the period ended 31 March 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

Averna LLP (Registered number: OC425038)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 27 August 2024 and were signed by:





Mr S N Green - Designated member

Averna LLP (Registered number: OC425038)

Notes to the Financial Statements
for the Period 1 January 2024 to 31 March 2024

1. STATUTORY INFORMATION

Averna LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - straight line over 3 years

Pension costs and other post-retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

Change in reporting period
The reporting period has changed to the period ended 31 March, due to the basis period reform. The comparatives for the 12 month period are therefore not entirely comparable to the 3 month period results.

3. EMPLOYEE INFORMATION

The average number of employees during the period was 2 (2023 - 2 ) .

Averna LLP (Registered number: OC425038)

Notes to the Financial Statements - continued
for the Period 1 January 2024 to 31 March 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2024
and 31 March 2024 2,167
DEPRECIATION
At 1 January 2024 2,027
Charge for period 24
At 31 March 2024 2,051
NET BOOK VALUE
At 31 March 2024 116
At 31 December 2023 140

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.12.23
£    £   
Other debtors 119,945 126,002

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.12.23
£    £   
Trade creditors 20,030 20,369
Taxation and social security 5,533 4,446
Other creditors 105,685 111,151
131,248 135,966

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

The interests of the designated members rank after other creditors on a winding up.