1 January 2023 false No description of principal activity Taxfiler 2024.5 OC442084business:LimitedLiabilityPartnershipLLP2023-01-012023-12-31 OC4420842022-12-31 OC4420842023-01-012023-12-31 OC442084business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 OC442084business:FullAccounts2023-01-012023-12-31 OC4420842023-12-31 OC442084business:PartnerLLP12023-01-012023-12-31 OC442084business:PartnerLLP22023-01-012023-12-31 OC442084business:PartnerLLP32023-01-012023-12-31 OC442084business:RegisteredOffice2023-01-012023-12-31 OC4420842022-12-31 OC442084core:WithinOneYear2023-12-31 OC442084core:WithinOneYear2022-12-31 OC442084business:SmallEntities2023-01-012023-12-31 OC442084countries:EnglandWales2023-01-012023-12-31 OC4420842022-04-272022-12-31 iso4217:GBP xbrli:pure
Registered No. OC442084 (England and Wales)
Eltican Partners LLP Unaudited accounts for the year ended 31 December 2023
Eltican Partners LLP LLP Information for the year ended 31 December 2023
Designated members
Mr Mehdi Laurent Akkar
Mr Nicolas Daniel Xavier Grand-Chavin
Mr Martin Planes
Registered Number
OC442084 (England and Wales)
Registered Office
First Floor 129 High Street Guildford Surrey GU1 3AA UK
- 2 -
Eltican Partners LLP Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
408 
500 
Creditors: amounts falling due within one year
(6,192)
(3,192)
Net current liabilities
(5,784)
(2,692)
Net liabilities attributable to members
(5,784)
(2,692)
Represented by:
Loans and other debts due to members
(5,784)
(2,692)
(5,784)
(2,692)
Total members' interests
Loans and other debts due to members
(5,784)
(2,692)
(5,784)
(2,692)
For the year ending 31 December 2023 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 27 August 2024.
Mr Martin Planes Designated member Limited Liability Partnership Registration No. OC442084
- 3 -
Eltican Partners LLP Notes to the Accounts for the year ended 31 December 2023
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
Members' remuneration
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense. Members are expected to subscribe a minimum amount of capital and may be invited to contribute more. On retirement, all capital is repaid to the member concerned. Members' shares in the profit or loss for the year available for discretionary division among the members are accounted for as an allocation of that balance. Allocated balances are split between the members with any unallocated balances being included within 'Other reserves'. Members are permitted to make drawings in anticipation of that allocation, subject to the agreement of the other members.
Members' capital
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.
Taxation
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.
Judgements in applying accounting policies and key sources of estimation uncertainty
The preparation of financial statements in compliance with FRS 102 Section 1A requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the LLP's accounting policies. In preparing these financial statements, the members have have not had to make any judgements and there are no other key sources of estimation uncertainty.
2
Statutory information
Eltican Partners LLP is a limited liability partnership, incorporated in England and Wales, registration number OC442084. Its registered office is First Floor, 129 High Street, Guildford, Surrey, GU1 3AA, UK.
3
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
6,192 
3,192 
- 4 -
Eltican Partners LLP Notes to the Accounts for the year ended 31 December 2023
4
Loans and other debts due to members
2023 
2022 
£ 
£ 
Members' capital classified as a liability
500 
Amounts due to members in respect of profits
(5,784)
(3,192)
(5,784)
(2,692)
Amounts falling due within one year
(5,784)
(2,692)
5
Average number of employees
During the year the average number of employees was 3 (2022: 3).
- 5 -