Silverfin false 31/03/2024 14/02/2023 31/03/2024 C D Z Martin 14/02/2023 S E Z Martin 14/02/2023 08 November 2024 OC445828 2024-03-31 OC445828 bus:Director1 2024-03-31 OC445828 bus:Director2 2024-03-31 OC445828 core:CurrentFinancialInstruments 2024-03-31 OC445828 2023-02-14 2024-03-31 OC445828 bus:FullAccounts 2023-02-14 2024-03-31 OC445828 bus:SmallEntities 2023-02-14 2024-03-31 OC445828 bus:AuditExemptWithAccountantsReport 2023-02-14 2024-03-31 OC445828 bus:LimitedLiabilityPartnershipLLP 2023-02-14 2024-03-31 OC445828 bus:Director1 2023-02-14 2024-03-31 OC445828 bus:Director2 2023-02-14 2024-03-31 iso4217:GBP xbrli:pure

Company No: OC445828 (England and Wales)

CDZM ASSOCIATES LLP

Unaudited Financial Statements
For the financial period from 14 February 2023 to 31 March 2024
Pages for filing with the registrar

CDZM ASSOCIATES LLP

Unaudited Financial Statements

For the financial period from 14 February 2023 to 31 March 2024

Contents

CDZM ASSOCIATES LLP

LIMITED LIABILITY PARTNERSHIP INFORMATION

For the financial period from 14 February 2023 to 31 March 2024
CDZM ASSOCIATES LLP

LIMITED LIABILITY PARTNERSHIP INFORMATION (continued)

For the financial period from 14 February 2023 to 31 March 2024
DESIGNATED MEMBERS C D Z Martin (Appointed 14 February 2023)
S E Z Martin (Appointed 14 February 2023)
REGISTERED OFFICE 45 Gresham Street
EC2V 7BG
London
United Kingdom
REGISTERED NUMBER OC445828 (England and Wales)
ACCOUNTANT Evelyn Partners LLP
Onslow House
Onslow Street
Guildford
GU1 4TL
CDZM ASSOCIATES LLP

BALANCE SHEET

As at 31 March 2024
CDZM ASSOCIATES LLP

BALANCE SHEET (continued)

As at 31 March 2024
Note 31.03.2024
£
Current assets
Debtors 4 29,167
Cash at bank and in hand 99,406
128,573
Creditors: amounts falling due within one year 5 ( 12,242)
Net current assets 116,331
Total assets less current liabilities 116,331
Net assets attributable to members 116,331
Represented by
Members' other interests
Members' capital classified as equity 1,000
Other reserves 115,331
116,331
116,331
Total members' interests
Members' other interests 116,331
116,331

The notes on pages 8 to 10 form part of these financial statements.

For the financial period 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.

Members' responsibilities:

The financial statements of CDZM Associates LLP (registered number: OC445828) were approved and authorised for issue by the Board of Directors on 08 November 2024. They were signed on its behalf by:

C D Z Martin
Designated member
CDZM ASSOCIATES LLP

RECONCILIATION OF MEMBERS' INTERESTS

For the financial period from 14 February 2023 to 31 March 2024
CDZM ASSOCIATES LLP

RECONCILIATION OF MEMBERS' INTERESTS (continued)

For the financial period from 14 February 2023 to 31 March 2024
EQUITY
Members' other interests
Total members' interests
Members' capital (classified as equity) Other reserves Total Total
£ £ £ £
Balance at 14 February 2023 0 0 0 0
Profit for the financial period available for discretionary division among members 0 115,331 115,331 115,331
Members' interest after profit for the financial period 0 115,331 115,331 115,331
Introduced by members 1,000 0 1,000 1,000
Balance at 31 March 2024 1,000 115,331 116,331 116,331

There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests

The notes on pages 8 to 10 form part of these financial statements.

CDZM ASSOCIATES LLP

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 14 February 2023 to 31 March 2024
CDZM ASSOCIATES LLP

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 14 February 2023 to 31 March 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

CDZM Associates LLP is a limited liability partnership, limited by member's capital and is registered in England and Wales. The company's registered office address is 45 Gresham Street, London, EC2V 7BG.

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships".

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the LLP's accounting policies (see note 2).

The functional currency of CDZM Associates LLP is considered to be pounds sterling because that is the currency of the primary economic environment in which the LLP operates.

Going concern

The financial statements have been prepared on a going concern basis.

The members have made an assessment in preparing these financial statements as to whether the LLP is a going concern and have concluded that there are no material uncertainties that may significantly cast doubt on the LLP's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise on monetary items.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are
provided in accordance with the stage of completion of the contract when all of the following
conditions are satisfied:
- the amount of turnover can be measured reliably;
- it is probable that the LLP will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less from the date of acquisition and that are readily convertible
to known amounts of cash with insignificant risk of change in value.

Trade and other creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Critical accounting judgements and key sources of estimation uncertainty

No significant judgements have had to be made by the members in preparing these financial statements.

3. Employees

Period from
14.02.2023 to
31.03.2024
Number
Monthly average number of persons employed by the LLP, including members, during the period 2

4. Debtors

31.03.2024
£
Other debtors 29,167

5. Creditors: amounts falling due within one year

31.03.2024
£
Trade creditors 764
Other taxation and social security 4,528
Other creditors 6,950
12,242