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REGISTERED NUMBER: OC389577 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

REAL ASSET PARTNERS LONDON LLP

REAL ASSET PARTNERS LONDON LLP (REGISTERED NUMBER: OC389577)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


REAL ASSET PARTNERS LONDON LLP

GENERAL INFORMATION
for the Year Ended 31 December 2023







DESIGNATED MEMBERS: M D'arro
M O Colomb
G D'arro





REGISTERED OFFICE: 15 Hanover Square
London
W1S 1HS





REGISTERED NUMBER: OC389577 (England and Wales)





ACCOUNTANTS: Vera Group Ltd
15 Hanover Square
London
W1S 1HS

REAL ASSET PARTNERS LONDON LLP (REGISTERED NUMBER: OC389577)

BALANCE SHEET
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 325 768

CURRENT ASSETS
Debtors 5 1,022,991 2,501,753
Cash at bank 1,440 2,528
1,024,431 2,504,281
CREDITORS
Amounts falling due within one year 6 950,676 891,047
NET CURRENT ASSETS 73,755 1,613,234
TOTAL ASSETS LESS CURRENT
LIABILITIES

74,080

1,614,002

CREDITORS
Amounts falling due after more than one
year

7

23,610

1,296,230
NET ASSETS ATTRIBUTABLE TO
MEMBERS

50,470

317,772

LOANS AND OTHER DEBTS DUE TO
MEMBERS

9

-

193,493

MEMBERS' OTHER INTERESTS
Capital accounts 50,470 74,279
Other reserves 10 - 50,000
50,470 317,772

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 9 - 193,493
Members' other interests 50,470 124,279
Amounts due from members 5 (4,579 ) -
45,891 317,772

REAL ASSET PARTNERS LONDON LLP (REGISTERED NUMBER: OC389577)

BALANCE SHEET - continued
31 December 2023


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 year ended 31 December 2023.

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.

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 17 September 2024 and were signed by:





M D'arro - Designated member

REAL ASSET PARTNERS LONDON LLP (REGISTERED NUMBER: OC389577)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Real Asset Partners London LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover 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 each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2022 - 1 ).

REAL ASSET PARTNERS LONDON LLP (REGISTERED NUMBER: OC389577)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 713 17,456 18,169
DEPRECIATION
At 1 January 2023 713 16,688 17,401
Charge for year - 443 443
At 31 December 2023 713 17,131 17,844
NET BOOK VALUE
At 31 December 2023 - 325 325
At 31 December 2022 - 768 768

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 2,400
Amounts due from members 4,579 -
Other debtors 1,017,333 1,332,946
Other debtors - Gaia Capital - 1,160,692
Prepayments and accrued income 1,079 5,715
1,022,991 2,501,753

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,056 9,804
Trade creditors 732,876 738,868
Other creditors 204,446 131,077
Accruals and deferred income 3,298 11,298
950,676 891,047

REAL ASSET PARTNERS LONDON LLP (REGISTERED NUMBER: OC389577)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans - 2-5 years 23,610 33,665
Loan from Gaia Capital Sarl - 1,262,565
23,610 1,296,230

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Within one year 10,056 9,804
Between two and five years 23,610 33,665
33,666 43,469

9. LOANS AND OTHER DEBTS DUE TO MEMBERS

The balance owed to members is in respect of profit share.

10. RESERVES
Other
reserves
£   
At 1 January 2023 50,000
Transferred (50,000 )
At 31 December 2023 -

11. RELATED PARTY DISCLOSURES

At the balance sheet date, the loan amount due from Real Asset Partners Limited was £nil (2022:£359,181) and is disclosed in notes 10 to the financial statements. The loans are unsecured and repayable after more than one year and bear interest at market rate. Interest payable on these loans amounts to £15,211 (2022: £15,548) during the year.

12. CONTROLLING PARTY

Control of the partnership is determined according to the voting rights as specified in the Partnership Agreement. M D'Arro is the immediate controlling party.