Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.Holding companyfalse00falsetrue OC439092 2023-01-01 2023-12-31 OC439092 2022-01-01 2022-12-31 OC439092 2023-12-31 OC439092 2022-12-31 OC439092 c:EntityHasNeverTraded 2023-01-01 2023-12-31 OC439092 c:FRS102 2023-01-01 2023-12-31 OC439092 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 OC439092 c:FullAccounts 2023-01-01 2023-12-31 OC439092 c:LimitedLiabilityPartnershipLLP 2023-01-01 2023-12-31 OC439092 6 2023-01-01 2023-12-31 OC439092 c:PartnerLLP2 2023-01-01 2023-12-31 OC439092 d:FurtherSpecificReserve3ComponentTotalEquity 2023-12-31 OC439092 d:FurtherSpecificReserve3ComponentTotalEquity 2022-12-31 OC439092 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: OC439092









QSOL 2 CAPITAL HOLDINGS LLP







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
QSOL 2 CAPITAL HOLDINGS LLP
REGISTERED NUMBER: OC439092

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
145,835
145,835

  
145,835
145,835

  

Total assets less current liabilities
  
 
145,835
 
145,835

  

Net assets
  
145,835
145,835


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 5 
145,835
145,835

  
145,835
145,835

  

  
145,835
145,835


Total members' interests
  

Loans and other debts due to members
 5 
145,835
145,835

  
145,835
145,835


Page 1

 
QSOL 2 CAPITAL HOLDINGS LLP
REGISTERED NUMBER: OC439092
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

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

The entity 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.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

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

The entity has opted not to file the income statement in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf by: 






K McSweeney
Designated member

Date: 26 April 2024

The notes on pages 4 to 5 form part of these financial statements.

QSOL 2 Capital Holdings LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of Changes in Equity.

Page 2

 
QSOL 2 CAPITAL HOLDINGS LLP
 

RECONCILIATION OF MEMBERS' INTERESTS
FOR THE YEAR ENDED 31 DECEMBER 2023






EQUITY
Members' other interests
DEBT
Loans and other debts due to members less any amounts due from members in debtors
Total members' interests
Other reserves
Total
Other amounts
Total
Total

£
£
£
£
£

Amounts introduced by members
 
-
-
145,835
145,835
145,835

Amounts due to members
 


145,835
145,835


Balance at 31 December 2022
-
-
145,835
145,835
145,835

Profit for the year available for discretionary division among members
 
164,136
164,136
-
-
164,136

Members' interests after profit for the year
164,136
164,136
145,835
145,835
309,971

Other division of profits
(164,136)
(164,136)
164,136
164,136
-

Drawings on account and distribution of profit
 
-
-
(164,136)
(164,136)
(164,136)

Amounts due to members
 


145,835
145,835


Balance at 31 December 2023 
-
-
145,835
145,835
145,835

The notes on pages 4 to 5 form part of these financial statements.

There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests.

Page 3

 
QSOL 2 CAPITAL HOLDINGS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

QSOL 2 Capital Holdings LLP (the 'LLP'), is a Limited Liability Partnership incorporated in England and Wales. The LLP's registered number and registered address can be found on the LLP Information page.
The principal activity of the LLP is that of a holding company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships".

The following principal accounting policies have been applied:

 
2.2

Going concern

At the time of approving the financial statements, the members have a reasonable expectation that the LLP has adequate resources to continue in operational existence for the foreseeable future.
Thus, the members adopt the going concern basis of accounting in preparing the financial statements, which the members believe is appropriate based on the facts set out below.
The members, having considered the above and made due enquiries, continue to adopt the going concern basis in preparing the financial statements which assumes that the LLP will continue in operation for the foreseeable future.

 
2.3

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits discretionarily. Discretionary divisions of profits are recognised as amounts due to members, although may be used to offset amounts which have been drawn by members, which are recognised as loan assets repayable.

 
2.4

Valuation of investments

Investments in unlisted shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Income statement for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Page 4

 
QSOL 2 CAPITAL HOLDINGS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

3.


Employees

The entity has no employees.


4.


Fixed asset investments





Other fixed asset investments

£



Cost


At 1 January 2023
145,835



At 31 December 2023
145,835





5.


Loans and other debts due to members


2023
2022
£
£



Other amounts due to members
145,835
145,835

145,835
145,835

Loans and other debts due to members may be further analysed as follows:

2023
2022
£
£



Falling due after more than one year
145,835
145,835

145,835
145,835

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.

 
Page 5