Acorah Software Products - Accounts Production 15.0.600 false true true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 OC440029 Mr Martin STRASSER Mr Wolf WOLFSTEINER iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC440029 2023-03-31 OC440029 2024-03-31 OC440029 2023-04-01 2024-03-31 OC440029 frs-core:CurrentFinancialInstruments 2024-03-31 OC440029 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC440029 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC440029 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC440029 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC440029 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC440029 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC440029 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC440029 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC440029 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC440029 2022-03-31 OC440029 2023-03-31 OC440029 2022-04-01 2023-03-31 OC440029 frs-core:CurrentFinancialInstruments 2023-03-31
Registered number: OC440029
Virthos Partners Advisory LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
ACTS Global Ltd
3rd Floor, Norvin House
45-55 Commercial Street
London
E1 6BD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: OC440029
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 390 404
Cash at bank and in hand 2,212 7,623
2,602 8,027
Creditors: Amounts Falling Due Within One Year 5 (3,057 ) (321 )
NET CURRENT ASSETS (LIABILITIES) (455 ) 7,706
TOTAL ASSETS LESS CURRENT LIABILITIES (455 ) 7,706
NET (LIABILITIES)/ASSETS ATTRIBUTABLE TO MEMBERS (455 ) 7,706
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 828,000 760,000
828,000 760,000
Equity
Members' other interests
Members' capital (828,000) (760,000)
Other reserves (455) 7,706
(828,455) (752,294)
(455) 7,706
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 828,000 760,000
Members' other interests (828,455) (752,294)
(455) 7,706
Page 1
Page 2
For the year 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 Wolf WOLFSTEINER
Designated Member
22nd October 2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Virthos Partners Advisory LLP is a limited liability partnership, incorporated in England & Wales, registered number OC440029 . The Registered Office is 51 Moorgate, London, EC2R 6BH.
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. Going Concern Disclosure
The members have not identified any material uncertainties related to events or conditions that may cast significant doubt about the LLP's ability to continue as a going concern.
2.3. 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 provision of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Other debtors 339 -
VAT 51 404
390 404
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,038 300
Bank loans and overdrafts 4 21
Other creditors 15 -
3,057 321
6. Related Party Transactions
Mr Martin Strasser and Mr Wolf Wolfsteiner together hold shares totalling 5.2% in Hytrans Holding BV (Hytrans), a company incorporated in the Netherlands. 
During the year ended 31 March 2024, Virthos Partners Advisory LLP provided services to Hytrans for an amount of £646,618. Payment of this amount is very doubtful and the full amount of £646,618 has been written off in the accounts as bad debts.
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