Silverfin false false 31/12/2023 01/01/2023 31/12/2023 M Fleissner 16/12/2014 25 September 2024 The principal activity of the Company during the financial year was the management of a limited company partnership. 09357139 2023-12-31 09357139 bus:Director1 2023-12-31 09357139 core:CurrentFinancialInstruments 2023-12-31 09357139 core:CurrentFinancialInstruments 2022-12-31 09357139 2022-12-31 09357139 core:ShareCapital 2023-12-31 09357139 core:ShareCapital 2022-12-31 09357139 core:RetainedEarningsAccumulatedLosses 2023-12-31 09357139 core:RetainedEarningsAccumulatedLosses 2022-12-31 09357139 2023-01-01 2023-12-31 09357139 bus:FilletedAccounts 2023-01-01 2023-12-31 09357139 bus:SmallEntities 2023-01-01 2023-12-31 09357139 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 09357139 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09357139 bus:Director1 2023-01-01 2023-12-31 09357139 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure

Company No: 09357139 (England and Wales)

KOSMOS GENERAL PARTNER LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2023
Pages for filing with the registrar

KOSMOS GENERAL PARTNER LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2023

Contents

KOSMOS GENERAL PARTNER LIMITED

BALANCE SHEET

As at 31 December 2023
KOSMOS GENERAL PARTNER LIMITED

BALANCE SHEET (continued)

As at 31 December 2023
2023 2022
£ £
Current assets
Debtors 3 364 305
364 305
Creditors: amounts falling due within one year 4 ( 4,106) ( 3,553)
Net current liabilities (3,742) (3,248)
Total assets less current liabilities (3,742) (3,248)
Net liabilities ( 3,742) ( 3,248)
Capital and reserves
Called-up share capital 1 1
Profit and loss account ( 3,743 ) ( 3,249 )
Total shareholder's deficit ( 3,742) ( 3,248)

For the financial year ending 31 December 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Kosmos General Partner Limited (registered number: 09357139) were approved and authorised for issue by the Director on 25 September 2024. They were signed on its behalf by:

M Fleissner
Director
KOSMOS GENERAL PARTNER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2023
KOSMOS GENERAL PARTNER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Kosmos General Partner Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Debtors

2023 2022
£ £
Other debtors 364 305

4. Creditors: amounts falling due within one year

2023 2022
£ £
Other creditors 4,106 3,553