1 February 2023 false No description of principal activity Taxfiler 2024.6 OC435704business:LimitedLiabilityPartnershipLLP2023-02-012024-01-31 OC4357042023-01-31 OC4357042023-02-012024-01-31 OC435704business:AuditExempt-NoAccountantsReport2023-02-012024-01-31 OC435704business:FullAccounts2023-02-012024-01-31 OC4357042024-01-31 OC435704business:PartnerLLP12023-02-012024-01-31 OC435704business:PartnerLLP22023-02-012024-01-31 OC435704business:RegisteredOffice2023-02-012024-01-31 OC4357042023-01-31 OC435704core:WithinOneYear2024-01-31 OC435704core:WithinOneYear2023-01-31 OC435704business:SmallEntities2023-02-012024-01-31 OC435704countries:EnglandWales2023-02-012024-01-31 OC4357042022-03-012023-01-31 iso4217:GBP xbrli:pure
Registered No. OC435704 (England and Wales)
Karenor Rugby LLP Unaudited accounts for the year ended 31 January 2024
Karenor Rugby LLP LLP Information for the year ended 31 January 2024
Designated members
Karenor Equity Ltd
Migdalor - Alternative Products (Rugby)
Registered Number
OC435704 (England and Wales)
Registered Office
62 Grosvenor Street London W1K 3JF
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Karenor Rugby LLP Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
100 
100 
Current assets
Debtors
5,084,043 
5,056,112 
Creditors: amounts falling due within one year
(76,350)
(46,350)
Net current assets
5,007,693 
5,009,762 
Net assets attributable to members
5,007,793 
5,009,862 
Represented by:
Loans and other debts due to members
5,007,793 
5,009,862 
5,007,793 
5,009,862 
Total members' interests
Loans and other debts due to members
5,007,793 
5,009,862 
5,007,793 
5,009,862 
For the year ending 31 January 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 29 October 2024.
Karenor Equity Ltd Designated member Limited Liability Partnership Registration No. OC435704
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Karenor Rugby LLP Notes to the Accounts for the year ended 31 January 2024
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.
Presentation currency
The accounts are presented in £ sterling.
Judgements and key sources of estimation uncertainty
In the application of the Company's accounting policies, the directors are required to make judgments, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The Directors do not consider there are any critical judgments or sources of estimation uncertainty requiring disclosure beyond the accounting policies listed below.
Turnover
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Investments
Investments in shares are included at cost.
Members' capital
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.
2
Statutory information
Karenor Rugby LLP is a limited liability partnership, incorporated in England and Wales, registration number OC435704. Its registered office is 62 Grosvenor Street, London, W1K 3JF.
3
Investments
Subsidiary undertakings 
Cost
£ 
At 1 February 2023
100 
At 31 January 2024
100 
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Karenor Rugby LLP Notes to the Accounts for the year ended 31 January 2024
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
100 
100 
Accruals
76,250 
46,250 
76,350 
46,350 
5
Loans and other debts due to members
2024 
2023 
£ 
£ 
Loans from members
5,007,793 
5,009,862 
Amounts falling due within one year
5,007,793 
5,009,862 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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