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REGISTERED NUMBER: OC445073 (England and Wales)















Unaudited Financial Statements

for the Period 16 December 2022 to 31 March 2024

for

Clovasure LLP

Clovasure LLP (Registered number: OC445073)






Contents of the Financial Statements
for the Period 16 December 2022 to 31 March 2024




Page

General Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Clovasure LLP

General Information
for the Period 16 December 2022 to 31 March 2024







DESIGNATED MEMBERS: K Kettrick
H C Merison





REGISTERED OFFICE: Second Floor
Curzon House
24 High Street
Banstead
Surrey
SM7 2LJ





REGISTERED NUMBER: OC445073 (England and Wales)





ACCOUNTANTS: Ascendant Partners Limited
Second Floor
Curzon House
24 High Street
Banstead
Surrey
SM7 2LJ

Chartered Accountants' Report to the Members
on the Unaudited Financial Statements of
Clovasure LLP

The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Clovasure LLP for the period ended 31 March 2024 which comprise the Income Statement, Balance Sheet, Reconciliation of Members' Interests and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the members of Clovasure LLP, as a body, in accordance with the terms of our engagement letter dated 14 December 2022. Our work has been undertaken solely to prepare for your approval the financial statements of Clovasure LLP and state those matters that we have agreed to state to the members of Clovasure LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Clovasure LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Clovasure LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Clovasure LLP. You consider that Clovasure LLP is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Clovasure LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Ascendant Partners Limited
Second Floor
Curzon House
24 High Street
Banstead
Surrey
SM7 2LJ


11 September 2024

Clovasure LLP (Registered number: OC445073)

Balance Sheet
31 March 2024

Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 1,298

CURRENT ASSETS
Debtors 5 6,852

CREDITORS
Amounts falling due within one year 6 1,800
NET CURRENT ASSETS 5,052
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

6,350

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

14,427

MEMBERS' OTHER INTERESTS
Capital accounts 750
Other reserves (8,827 )
6,350

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 14,427
Members' other interests (8,077 )
6,350

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the period ended 31 March 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

Clovasure LLP (Registered number: OC445073)

Balance Sheet - continued
31 March 2024


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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 11 September 2024 and were signed by:




K Kettrick - Designated member




H C Merison - Designated member


Clovasure LLP (Registered number: OC445073)

Notes to the Financial Statements
for the Period 16 December 2022 to 31 March 2024

1. STATUTORY INFORMATION

Clovasure LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 25% per annum on cost

3. EMPLOYEE INFORMATION

The average number of employees during the period was NIL.

4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
Additions 1,416
At 31 March 2024 1,416
DEPRECIATION
Charge for period 118
At 31 March 2024 118
NET BOOK VALUE
At 31 March 2024 1,298

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 6,852

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Accruals and deferred income 1,800

Clovasure LLP (Registered number: OC445073)

Notes to the Financial Statements - continued
for the Period 16 December 2022 to 31 March 2024

7. LOANS AND OTHER DEBTS DUE TO MEMBERS
£   
Loans from members 14,427

Falling due within one year 14,427

Loans and other debts due to members outstanding at the balance sheet date would rank alongside other creditors in the events of a winding up. There are no restrictions or limitations on the ability of members to reduce the amounts of members other interests.