Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 OC435826 Reincubate Limited Mr Aidan Fitzpatrick Mr Andrew Dancy iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC435826 2023-03-31 OC435826 2024-03-31 OC435826 2023-04-01 2024-03-31 OC435826 frs-core:CurrentFinancialInstruments 2024-03-31 OC435826 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC435826 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC435826 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC435826 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC435826 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC435826 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC435826 frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC435826 frs-core:UnlistedNon-exchangeTraded 2023-03-31 OC435826 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-31 OC435826 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC435826 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC435826 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-31 OC435826 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC435826 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC435826 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC435826 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC435826 frs-bus:PartnerLLP3 2023-04-01 2024-03-31 OC435826 2022-03-31 OC435826 2023-03-31 OC435826 2022-04-01 2023-03-31 OC435826 frs-core:CurrentFinancialInstruments 2023-03-31
Registered number: OC435826
Fitcap LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
ChadSan Limited
Castle House
Castle Street
Guildford
GU1 3UW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC435826
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 68,507 73,507
68,507 73,507
CURRENT ASSETS
Debtors 5 - 825
Cash at bank and in hand 1,299 1,344
1,299 2,169
Creditors: Amounts Falling Due Within One Year 6 (782 ) (188 )
NET CURRENT ASSETS (LIABILITIES) 517 1,981
TOTAL ASSETS LESS CURRENT LIABILITIES 69,024 75,488
NET ASSETS ATTRIBUTABLE TO MEMBERS 69,024 75,488
REPRESENTED BY:
Equity
Members' other interests
Members' capital 84,744 82,544
Other reserves (15,720) (7,056)
69,024 75,488
TOTAL MEMBERS' INTEREST
Members' other interests 69,024 75,488
69,024 75,488
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 Andrew Dancy
Designated Member
9th November 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Fitcap LLP is a limited liability partnership, incorporated in England & Wales, registered number OC435826 . The Registered Office is Unit 5 St Saviour's Wharf, 23 Mill Street, London, SE1 2BE.
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. 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.
2.3. Company Investments
Investments in companies are held at cost less accumulated impairment.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 2 (2023: 2)
2 2
4. Investments
Unlisted
£
Cost
As at 1 April 2023 73,507
Disposals (5,000 )
As at 31 March 2024 68,507
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 68,507
As at 1 April 2023 73,507
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 825
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 782 188
Page 4