1 January 2023 false No description of principal activity Taxfiler 2024.5 true OC347304business:LimitedLiabilityPartnershipLLP2023-01-012023-12-31 OC3473042022-12-31 OC3473042023-01-012023-12-31 OC347304business:AuditExemptWithAccountantsReport2023-01-012023-12-31 OC347304business:FullAccounts2023-01-012023-12-31 OC3473042023-12-31 OC3473042022-12-31 OC347304business:SmallEntities2023-01-012023-12-31 OC347304business:PartnerLLP12023-01-012023-12-31 OC347304countries:EnglandWales2023-01-012023-12-31 OC347304business:RegisteredOffice2023-01-012023-12-31 OC347304core:DisposalsRepaymentsInvestments2023-12-31 OC3473042022-01-012022-12-31 iso4217:GBP xbrli:pure
Registered No. OC347304 (England and Wales)
Confido Investments LLP Unaudited accounts for the year ended 31 December 2023
Confido Investments LLP Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investments
9,810 
74,810 
Current assets
Debtors
- 
100 
Net current assets
- 
100 
Net assets attributable to members
9,810 
74,910 
Represented by:
Loans and other debts due to members
9,810 
74,910 
9,810 
74,910 
Total members' interests
Loans and other debts due to members
9,810 
74,910 
9,810 
74,910 
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 5 September 2024.
Mr Creighton Boyd Designated member Limited Liability Partnership Registration No. OC347304
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Confido Investments 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.
Going concern
Having reviewed the resources available, the members believe that Confido Investments LLP has adequate resources available to enable it to continue in operational existence for a period of at least 12 months from the date of approval of the financial statements. Accordingly, Confido Investments LLP continues to adopt the going concern basis in preparing its financial statements.
Investments
Fixed asset investments are measured at cost less cumulative impairment.
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.
Presentation currency
The accounts are presented in £ sterling.
2
Statutory information
Confido Investments LLP is a limited liability partnership, incorporated in England and Wales, registration number OC347304. Its registered office is 14 Holywell Row, London, EC2A 4JB.
3
Investments
Other investments 
Cost
£ 
At 1 January 2023
74,810 
Disposals
(65,000)
At 31 December 2023
9,810 
Fixed asset investments is comprised of equity shareholdings in the following companies: HBC Investments (23 Charlotte Road) Ltd (25%) Neptune Property Developments (99 Queens Road) Limited (50%)
4
Loans and other debts due to members
2023 
2022 
£ 
£ 
Amounts due to members in respect of profits
9,810 
74,910 
Amounts falling due within one year
9,810 
74,910 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
5
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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