REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period |
8 March 2023 to 31 December 2023 |
for |
Pardinus Capital LLP |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period |
8 March 2023 to 31 December 2023 |
for |
Pardinus Capital LLP |
Pardinus Capital LLP (Registered number: OC446196) |
Contents of the Financial Statements |
for the Period 8 March 2023 to 31 December 2023 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Pardinus Capital LLP |
General Information |
for the Period 8 March 2023 to 31 December 2023 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
3 Kingfisher Court |
Bowesfield Park |
Stockton on Tees |
TS18 3EX |
Pardinus Capital LLP (Registered number: OC446196) |
Balance Sheet |
31 December 2023 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
115,641 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
7 |
115,641 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 7 | 115,641 |
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. |
Pardinus Capital LLP (Registered number: OC446196) |
Balance Sheet - continued |
31 December 2023 |
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 |
Pardinus Capital LLP (Registered number: OC446196) |
Notes to the Financial Statements |
for the Period 8 March 2023 to 31 December 2023 |
1. | STATUTORY INFORMATION |
Pardinus Capital 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 financial statements are presented in sterling which is the functional currency of the LLP and rounded to the nearest £. |
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years unless otherwise stated. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements have been prepared on a going concern basis. Given the known challenges faced by startup investment managers raising external assets leading towards a self-sustaining business, the partners have allocated sufficient resources to finance the LLP. Based on the assessment of the partners, there is reasonable expectation that the LLP has access to adequate financial resources to continue in operational existence for the foreseeable future. |
Turnover |
Turnover represents net fees earned on managed funds. Credit is taken for fees in the period to which the fee relates. |
Tangible fixed assets |
Computer equipment | - |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
Debtors and creditors receivable/ payable within one year |
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in other administrative expenses. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the period was NIL. |
Pardinus Capital LLP (Registered number: OC446196) |
Notes to the Financial Statements - continued |
for the Period 8 March 2023 to 31 December 2023 |
4. | TANGIBLE FIXED ASSETS |
Computer |
equipment |
£ |
COST |
Additions |
At 31 December 2023 |
DEPRECIATION |
Charge for period |
At 31 December 2023 |
NET BOOK VALUE |
At 31 December 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade debtors |
Other debtors |
VAT |
Prepayments and accrued income |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Other creditors |
Accrued expenses |
7. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
£ |
Amounts owed to members in respect of profits | 115,641 |
Falling due within one year | 115,641 |
Loans and other debts due to members rank after all unsecured creditors in the event of a winding up. |