Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312falsefalsetrue2023-01-01No description of principal activity2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. OC345425 2023-01-01 2024-03-31 OC345425 2022-01-01 2022-12-31 OC345425 2024-03-31 OC345425 2022-12-31 OC345425 c:ComputerEquipment 2023-01-01 2024-03-31 OC345425 c:ComputerEquipment 2024-03-31 OC345425 c:ComputerEquipment 2022-12-31 OC345425 c:ComputerEquipment c:OwnedOrFreeholdAssets 2023-01-01 2024-03-31 OC345425 c:CurrentFinancialInstruments 2024-03-31 OC345425 c:CurrentFinancialInstruments 2022-12-31 OC345425 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC345425 c:CurrentFinancialInstruments c:WithinOneYear 2022-12-31 OC345425 d:FRS102 2023-01-01 2024-03-31 OC345425 d:AuditExempt-NoAccountantsReport 2023-01-01 2024-03-31 OC345425 d:FullAccounts 2023-01-01 2024-03-31 OC345425 d:LimitedLiabilityPartnershipLLP 2023-01-01 2024-03-31 OC345425 d:PartnerLLP1 2023-01-01 2024-03-31 OC345425 c:OtherCapitalInstrumentsClassifiedAsEquity 2024-03-31 OC345425 c:OtherCapitalInstrumentsClassifiedAsEquity 2022-12-31 OC345425 e:PoundSterling 2023-01-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: OC345425









MARINER CAPITAL LLP







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
MARINER CAPITAL LLP
REGISTERED NUMBER: OC345425

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

31 March
31 December
2024
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
539
-

  
539
-

Current assets
  

Cash at bank and in hand
 5 
412
8,171

  
412
8,171

Creditors: Amounts Falling Due Within One Year
 6 
(5,007)
(2,705)

Net current (liabilities)/assets
  
 
 
(4,595)
 
 
5,466

Total assets less current liabilities
  
(4,056)
5,466

  

Net (liabilities)/assets
  
(4,056)
5,466


Represented by:
  

Loans and other debts due to members within one year
  

Members' other interests
  

Members' capital classified as equity
  
(4,056)
5,466

  
 
(4,056)
 
5,466

  
(4,056)
5,466


Total members' interests
  

Members' other interests
  
(4,056)
5,466

  
(4,056)
5,466

Page 1

 
MARINER CAPITAL LLP
REGISTERED NUMBER: OC345425
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLPs regime.

The entity 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.

The Members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

The financial statements have been delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The entity has opted not to file the statement of comprehensive income in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the Members and were signed on their behalf on 12 November 2024.




................................................
Eduardo Maria Tomacelli
Designated Member

The notes on pages 3 to 6 form part of these financial statements.
Mariner Capital LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of Changes in Equity.

Page 2

 
MARINER CAPITAL LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Mariner Capital LLP is limited liability partnership incorporated in England & Wales. Its registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.
The financial statements are presented in Sterling, which is the functional currency of the limited liability partnership.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the LLP's accounting policies.

 
2.2

Going concern

In assessing the ability of the LLP to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the LLP. As a result, the members consider it appropriate to prepare the financial statements on a going concern basis.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
33%
straight-line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 3

 
MARINER CAPITAL LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.6

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense in .

In the event of the LLP making losses, the loss is recognised as a credit amount of 'Members' remuneration charged as an expense where it is automatically divided or as a debit within equity under 'Other reserves' if not divided automatically.


3.


Employees

The average monthly number of employees, including directors, during the period was 2 (2022 - 2).

Page 4

 
MARINER CAPITAL LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

4.


Tangible fixed assets







Computer equipment

£



Cost or valuation


At 1 January 2023
639


Additions
744



At 31 March 2024

1,383



Depreciation


At 1 January 2023
639


Charge for the period on owned assets
205



At 31 March 2024

844



Net book value



At 31 March 2024
539



At 31 December 2022
-


5.


Cash and cash equivalents

31 March
31 December
2024
2022
£
£

Cash at bank and in hand
412
8,171

412
8,171


Page 5

 
MARINER CAPITAL LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

6.


Creditors: Amounts falling due within one year

31 March
31 December
2024
2022
£
£

Other creditors
207
305

Accruals and deferred income
4,800
2,400

5,007
2,705


Page 6