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REGISTERED NUMBER: 11109422 (England and Wales)















Financial Statements for the Year Ended 31st December 2023

for

Assembly Capital Partners Limited

Assembly Capital Partners Limited (Registered number: 11109422)






Contents of the Financial Statements
for the Year Ended 31st December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Assembly Capital Partners Limited

Company Information
for the Year Ended 31st December 2023







DIRECTORS: Mr. M Baptista
Mr D J Shannon





REGISTERED OFFICE: Cannon Place
78 Cannon Street
London
EC4N 6AF





REGISTERED NUMBER: 11109422 (England and Wales)





ACCOUNTANTS: Sampson Fielding Ltd
34 - 35 Clarges Street
Mayfair
London
W1J 7EJ

Assembly Capital Partners Limited (Registered number: 11109422)

Balance Sheet
31st December 2023

31/12/23 31/12/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 59 175
Investments 5 31,474 38,590
31,533 38,765

CURRENT ASSETS
Debtors 6 28,530 62,377
Cash at bank 37,195 21,714
65,725 84,091
CREDITORS
Amounts falling due within one year 7 13,369 52,360
NET CURRENT ASSETS 52,356 31,731
TOTAL ASSETS LESS CURRENT LIABILITIES 83,889 70,496

CAPITAL AND RESERVES
Called up share capital 75,100 75,100
Fair value reserve 8 31,274 38,390
Retained earnings (22,485 ) (42,994 )
83,889 70,496

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9th September 2024 and were signed on its behalf by:




Mr D J Shannon - Director



Mr. M Baptista - Director


Assembly Capital Partners Limited (Registered number: 11109422)

Notes to the Financial Statements
for the Year Ended 31st December 2023

1. STATUTORY INFORMATION

Assembly Capital Partners Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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

Revenue is recognised during the period to which the fees invoiced relate.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer monitors - 5 years straight line
Computer keyboards - 3 years straight line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Trade and other debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Assembly Capital Partners Limited (Registered number: 11109422)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1st January 2023
and 31st December 2023 747
DEPRECIATION
At 1st January 2023 572
Charge for year 116
At 31st December 2023 688
NET BOOK VALUE
At 31st December 2023 59
At 31st December 2022 175

5. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST OR VALUATION
At 1st January 2023 38,590
Revaluations (7,116 )
At 31st December 2023 31,474
NET BOOK VALUE
At 31st December 2023 31,474
At 31st December 2022 38,590

Cost or valuation at 31st December 2023 is represented by:

Unlisted
investments
£   
Valuation in 2020 51,877
Valuation in 2021 (15,569 )
Valuation in 2022 2,282
Valuation in 2023 (7,116 )
31,474

If the investments had not been revalued they would have been included at the following historical cost:

31/12/23 31/12/22
£    £   
Cost 200 200

Fixed asset investments were valued on an open market basis on 31st December 2023 by the directors .

Assembly Capital Partners Limited (Registered number: 11109422)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Other debtors 28,530 62,377

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade creditors 7,278 9
Taxation and social security 1,841 2,351
Other creditors 4,250 50,000
13,369 52,360

8. RESERVES
Fair
value
reserve
£   
At 1st January 2023 38,390
Revaluation in the year (7,116 )

At 31st December 2023 31,274

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr. M Baptista.