Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 March 2024 31 March 2024 OC392085 Mr Allen Thomas Mr Julien Bruneau iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC392085 2022-12-31 OC392085 2024-03-31 OC392085 2023-01-01 2024-03-31 OC392085 frs-core:CurrentFinancialInstruments 2024-03-31 OC392085 frs-core:FurnitureFittings 2024-03-31 OC392085 frs-core:FurnitureFittings 2023-01-01 2024-03-31 OC392085 frs-core:FurnitureFittings 2022-12-31 OC392085 frs-bus:LimitedLiabilityPartnershipLLP 2023-01-01 2024-03-31 OC392085 frs-bus:LimitedLiabilityPartnershipsSORP 2023-01-01 2024-03-31 OC392085 frs-bus:FilletedAccounts 2023-01-01 2024-03-31 OC392085 frs-bus:SmallEntities 2023-01-01 2024-03-31 OC392085 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2024-03-31 OC392085 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2024-03-31 OC392085 frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC392085 frs-core:UnlistedNon-exchangeTraded 2022-12-31 OC392085 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-12-31 OC392085 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC392085 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC392085 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-12-31 OC392085 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC392085 frs-countries:EnglandWales 2023-01-01 2024-03-31 OC392085 frs-bus:PartnerLLP1 2023-01-01 2024-03-31 OC392085 frs-bus:PartnerLLP2 2023-01-01 2024-03-31 OC392085 2021-12-31 OC392085 2022-12-31 OC392085 2022-01-01 2022-12-31 OC392085 frs-core:CurrentFinancialInstruments 2022-12-31
Registered number: OC392085
Athene Capital LLP
Unaudited Financial Statements
For the Period 1 January 2023 to 31 March 2024
ChadSan Limited
Castle House
Castle Street
Guildford
GU1 3UW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: OC392085
31 March 2024 31 December 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 198 713
Investments 5 - 10,529
198 11,242
CURRENT ASSETS
Debtors 6 732,766 740,857
Cash at bank and in hand 128,825 120,610
861,591 861,467
Creditors: Amounts Falling Due Within One Year 7 (2,276 ) (13,196 )
NET CURRENT ASSETS (LIABILITIES) 859,315 848,271
TOTAL ASSETS LESS CURRENT LIABILITIES 859,513 859,513
NET ASSETS ATTRIBUTABLE TO MEMBERS 859,513 859,513
REPRESENTED BY:
Equity
Members' other interests
Members' capital 598,433 598,433
Other reserves 261,080 261,080
859,513 859,513
TOTAL MEMBERS' INTEREST
Amounts due from members (688,005) (584,903)
Members' other interests 859,513 859,513
171,508 274,610
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For the period ending 31 March 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.
On behalf of the members
Mr Allen Thomas
Designated Member
20th June 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Athene Capital LLP is a limited liability partnership, incorporated in England & Wales, registered number OC392085 . The Registered Office is 3 Gough Square, London, EC4A 3DE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 33% and 10% on cost
2.4. Foreign Currencies
Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Unlisted Investments
Investment in subsidiaries, associates and unlisted entities is held at cost less accumulated impairment losses. Investments are assessed for impairment at each reporting date. Impairment losses or reversal are recognised immediately in comprehensive income. 
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2.6. Profit allocations
Profit allocations are recognised in the year in which they are declared and become a present obligation of the LLP. Losses are allocated to the members in the proportions directed by the Managing Partner. 
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the period was: NIL (2022: NIL)
- -
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 January 2023 6,869
Disposals (574 )
As at 31 March 2024 6,295
Depreciation
As at 1 January 2023 6,156
Provided during the period 316
Disposals (375 )
As at 31 March 2024 6,097
Net Book Value
As at 31 March 2024 198
As at 1 January 2023 713
5. Investments
Unlisted
£
Cost
As at 1 January 2023 10,529
Disposals (10,529 )
As at 31 March 2024 -
Provision
As at 1 January 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 -
As at 1 January 2023 10,529
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6. Debtors
31 March 2024 31 December 2022
£ £
Due within one year
Trade debtors 17,804 69,482
Other debtors 714,962 671,375
732,766 740,857
7. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 December 2022
£ £
Trade creditors 1,479 2,858
Other creditors 797 10,338
2,276 13,196
8. Going Concern
The members have reviewed working capital requirements and believe the LLP has sufficient liquid resources and ongoing investment advisory contracts. As a consequence, the members are confident that the limited liability partnership will continue to meet its liabilities for the foreseeable future and consider it appropriate to prepare the financial statements on the going concern basis. 
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