Registered number
OC371218
EVDO Technologies LLP
Filleted Accounts
31 December 2023
EVDO Technologies LLP
Registered number: OC371218
Balance Sheet
as at 31 December 2023
Notes 2023 2022
$ $
Fixed assets
Investments 3 2,700,000 2,700,000
Current assets
Debtors 4 144,744 69,000
Cash at bank and in hand 198 620
144,942 69,620
Creditors: amounts falling due within one year 5 (1,090) (1,090)
Net current assets 143,852 68,530
Total assets less current liabilities 2,843,852 2,768,530
Creditors: amounts falling due after more than one year 6 - (143,514)
Net assets attributable to members 2,843,852 2,625,016
Represented by:
Loans and other debts due to members 7 538,993 391,089
Members' other interests
Revaluation reserve 2,307,250 2,307,250
Other reserves (2,391) (73,323)
2,304,859 2,233,927
2,843,852 2,625,016
Total members' interests
Loans and other debts due to members 7 538,993 391,089
Members' other interests 2,304,859 2,233,927
2,843,852 2,625,016
For the year ended 31 December 2023 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to 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.
The 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.
These accounts were approved by the members on 30 October 2024 and signed on their behalf by:
Mr T Rigden on behalf of Greenvest International Limited
Designated member
EVDO Technologies LLP
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
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.
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Member's remuneration and division of profits
If remuneration is paid to certain members under a contract of employment it is included as an expense in the profit and loss account.

In addition, the LLP agreement provides that fixed amounts, determined for each member each year, be paid to members, irrespective of the profit of the LLP. These amounts are included within members' remuneration charged as an expense.

Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Once agreement has been reached to divide the profits, a members' share in the profit or loss for the year is accounted for as an allocation of profit. Unallocated profits and losses remain included within 'other reserves'.
Taxation
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.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Provisions
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the balance sheet.
Members' capital
Members' capital are classified as either equity or debt.

Equity interests comprise any capital introduced classified as equity, any unallocated profits, any revaluation reserve and any other reserves.

Loans and other debts due to members comprise any capital introduced but classified as a liability, any loans from members, amounts due to members in respect of allocated profits less drawings and any other amounts that the LLP is contractually obliged to repay to members.
Foreign currencies
The functional and presentational currency of the company is US Dollar. The accounts are rounded to the nearest dollar. Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.
2 Employees 2023 2022
Number Number
Average number of persons employed by the LLP 0 0
3 Fixed asset investments
Other
investments
$
Cost
At 1 January 2023 2,700,000
At 31 December 2023 2,700,000
Historical cost
At 1 January 2023 392,750
At 31 December 2023 392,750
4 Debtors 2023 2022
$ $
Other debtors 144,744 69,000
5 Creditors: amounts falling due within one year 2023 2022
$ $
Other creditors 1,090 1,090
6 Creditors: amounts falling due after one year 2023 2022
$ $
Other creditors - 143,514
7 Loans and other debts due to members 2023 2022
$ $
Loans from members 538,993 391,089
Amounts falling due within one year 538,993 391,089
Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.
8 Revaluation reserve 2023 2022
$ $
At 1 January 2023 2,307,250 2,307,250
At 31 December 2023 2,307,250 2,307,250
9 Other information
EVDO Technologies LLP is a limited liability partnership incorporated in England under the number OC371218. Its registered office is:
68A High Street
Stony Stratford
Milton Keynes
MK11 1AQ
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