Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 OC412238 MVK Group Holdings Ltd Hoyle Capital Ltd Mr Manish Karani iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC412238 2022-11-30 OC412238 2023-11-30 OC412238 2022-12-01 2023-11-30 OC412238 frs-core:CurrentFinancialInstruments 2023-11-30 OC412238 frs-core:Non-currentFinancialInstruments 2023-11-30 OC412238 frs-bus:LimitedLiabilityPartnershipLLP 2022-12-01 2023-11-30 OC412238 frs-bus:LimitedLiabilityPartnershipsSORP 2022-12-01 2023-11-30 OC412238 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 OC412238 frs-bus:SmallEntities 2022-12-01 2023-11-30 OC412238 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 OC412238 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 OC412238 frs-countries:EnglandWales 2022-12-01 2023-11-30 OC412238 frs-bus:PartnerLLP1 2022-12-01 2023-11-30 OC412238 frs-bus:PartnerLLP2 2022-12-01 2023-11-30 OC412238 frs-bus:PartnerLLP3 2022-12-01 2023-11-30 OC412238 2021-11-30 OC412238 2022-11-30 OC412238 2021-12-01 2022-11-30 OC412238 frs-core:CurrentFinancialInstruments 2022-11-30 OC412238 frs-core:Non-currentFinancialInstruments 2022-11-30
Registered number: OC412238
MVK Group Re Bridging LLP
Unaudited Financial Statements
For The Year Ended 30 November 2023
Mouktaris & Co Ltd
Chartered Accountants & Registered Auditors
156a Burnt Oak Broadway
Edgware
Middlesex
HA8 0AX
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3
Page 1
Statement of Financial Position
Registered number: OC412238
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 528,182 526,682
Cash at bank and in hand 147 147
528,329 526,829
Creditors: Amounts Falling Due Within One Year 5 (5,258 ) (3,758 )
NET CURRENT ASSETS (LIABILITIES) 523,071 523,071
TOTAL ASSETS LESS CURRENT LIABILITIES 523,071 523,071
NET ASSETS ATTRIBUTABLE TO MEMBERS 523,071 523,071
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability 525,000 525,000
525,000 525,000
Equity
Members' other interests
Other reserves (1,929) (1,929)
(1,929) (1,929)
523,071 523,071
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 525,000 525,000
Members' other interests (1,929) (1,929)
523,071 523,071
Page 1
Page 2
For the year ending 30 November 2023 the LLP 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 applicable to LLPs subject to the small LLPs regime.)
The members acknowledge their responsibilities for complying with the requirements of the Act (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 LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Income Statement.
On behalf of the members
Mr Manish Karani
Designated Member
26 August 2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
MVK Group Re Bridging LLP is a limited liability partnership, incorporated in England & Wales, registered number OC412238 . The Registered Office is 40 Brookshill Avenue, Harrow Weald, Middlesex, HA3 6RZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2022: NIL)
- -
4. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 2,985 1,485
VAT 176 176
3,161 1,661
Due after more than one year
Loan receivable 525,021 525,021
528,182 526,682
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 4,000 2,500
Other creditors 1,258 1,258
5,258 3,758
Page 3