Registered No. OC428933 (England and Wales)
Alphier Capital LLP
Unaudited accounts
for the year ended 31 March 2024
Alphier Capital LLP
LLP Information
for the year ended 31 March 2024
Designated members
Mr Nicholas Lancaster
Registered Number
OC428933 (England and Wales)
Registered Office
Suite 203 26 Cheering Lane
East Village
Stratford
London
E20 1BD
Alphier Capital LLP
Statement of financial position
as at 31 March 2024
Tangible assets
2,520
6,039
Cash at bank and in hand
349
394
Creditors: amounts falling due within one year
(71,097)
(163,837)
Net current assets/(liabilities)
13,320
(25,170)
Total assets less current liabilities
15,840
(19,131)
Creditors: amounts falling due after more than one year
(6,000)
(17,150)
Net assets/(liabilities) attributable to members
9,840
(36,281)
Loans and other debts due to members
9,840
(36,281)
Loans and other debts due to members
9,840
(36,281)
For the year ending 31 March 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 14 October 2024.
Mr Andrew Moorfield
Designated member
Limited Liability Partnership Registration No. OC428933
Alphier Capital LLP
Notes to the Accounts
for the year ended 31 March 2024
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Straight Line
Computer equipment
20% Straight Line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense.
Members' shares in the profit or loss for the year are accounted for as an allocation of profits. Unallocated profits and losses are included within 'other reserves'.
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
The LLP operates a defined contribution scheme for the benefit of its employees. Contributions are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
Alphier Capital LLP is a limited liability partnership, incorporated in England and Wales, registration number OC428933. Its registered office is Suite 203 26 Cheering Lane, East Village, Stratford, London, E20 1BD.
Alphier Capital LLP
Notes to the Accounts
for the year ended 31 March 2024
3
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
4,200
4,465
777
9,442
Disposals
-
(4,465)
-
(4,465)
At 31 March 2024
4,200
-
777
4,977
At 1 April 2023
840
1,786
777
3,403
Charge for the year
840
-
-
840
On disposals
-
(1,786)
-
(1,786)
At 31 March 2024
1,680
-
777
2,457
At 31 March 2024
2,520
-
-
2,520
At 31 March 2023
3,360
2,679
-
6,039
4
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,373
8,405
Trade creditors
5,850
58,142
Taxes and social security costs
1,561
-
Other creditors
57,313
97,290
5
Creditors: amounts falling due after more than one year
2024
2023
6
Loans and other debts due to members
2024
2023
Amounts due to members in respect of profits
9,840
(36,281)
Amounts falling due within one year
9,840
(36,281)
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
The controlling party is Mr Andrew Moorfield.
8
Average number of employees
During the year the average number of employees was 0 (2023: 2).