for the Period Ended 31 December 2023
Directors report | |
Balance sheet | |
Additional notes | |
Balance sheet notes |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 December 2023
Principal activities of the company
Additional information
The LLP enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like such as trade and other receivable, accruals, investments, trade and other payables. Short term receivables are measured at transaction price, less any impairment, Investments are measured at their expected recovery cost. Short term payables are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. In the last 5 years the Members have been able to negotiate and settle over USD 40 mln in liabilities against former Clients and Bank. The Company continues to carry on negotiations with the other lenders in order to further reduce its liabilities. While such liabilities remain outstanding the interest and penalties continues to be accrued and recorded net of short term receivables, cash and investments.
Directors
The directors shown below have held office during the whole of the period from
1 January 2023
to
31 December 2023
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
As at
Notes | 2023 | 2022 | |
---|---|---|---|
|
£ |
£ |
|
Fixed assets | |||
Intangible assets: |
|
|
|
Tangible assets: |
|
|
|
Investments: |
|
||
Total fixed assets: |
|
|
|
Creditors: amounts falling due within one year: | 3 |
(
|
(
|
Net current assets (liabilities): |
( |
( |
|
Total assets less current liabilities: |
( |
( |
|
Creditors: amounts falling due after more than one year: | 4 |
(
|
(
|
Accruals and deferred income: |
(
|
(
|
|
Total net assets (liabilities): |
( |
( |
|
Capital and reserves | |||
Called up share capital: |
|
|
|
Profit and loss account: |
( |
( |
|
Total Shareholders' funds: |
( |
( |
The notes form part of these financial statements
The directors have chosen not to file a copy of the company's profit and loss account.
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 December 2023
Basis of measurement and preparation
Valuation information and policy
Other accounting policies
for the Period Ended 31 December 2023
2023 | 2022 | |
---|---|---|
Average number of employees during the period |
|
|
for the Period Ended 31 December 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts |
|
|
Trade creditors |
|
|
Other creditors |
|
|
Total |
|
|
for the Period Ended 31 December 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Other creditors |
|
|
Total |
|
|